The EPFO has made PF withdrawals much faster in 2026. Now, if you submit an online PF claim, the money is usually credited to your bank account in about eight days. This update was shared by the government in a written reply to Parliament. Earlier, PF withdrawals often took weeks or even months. Delays in … Read more
The Employees’ Provident Fund Organisation (EPFO) may soon lower the interest rate on provident fund deposits for the next financial year. According to a report by Economic Times, the rate could be reduced to between 8% and 8.20% for FY 2025–26, down from 8.25% in FY 2024–25. The final call is expected at the 239th … Read more
There is major and reassuring news for millions of salaried employees in India. The central government is seriously considering increasing the wage ceiling for mandatory provident fund (PF) contributions under the Employees’ Provident Fund Organization (EPFO). At present, the salary limit is ₹15,000 per month, but it may be raised to ₹25,000. If approved, this … Read more
The government is considering increasing the wage ceiling for mandatory Employees’ Provident Fund (EPF) contributions from the current Rs 15,000 per month to Rs 25,000. This move could bring more workers under the social security net, ensuring a larger portion of employees contribute to and benefit from the EPF system. If approved, the proposal may … Read more
When people change jobs, their PF accounts often get scattered. If old PF details are not shared with the new employer, a fresh PF account is created. Over time, one person may end up with multiple PF accounts, and their savings remain spread out. EPFO 3.0 has now made this problem much easier to solve. … Read more
The Employees’ Provident Fund Organisation (EPFO) is gearing up for a major overhaul called EPFO 3.0, aimed at making retirement fund services faster, more accessible, and more modern. This transformation will affect crores of members, introducing a new portal, updated backend software, and AI-powered language tools to communicate in regional languages. According to a government … Read more
Many Employees’ Provident Fund (EPF) members may soon see a big boost in their savings. The Employees’ Provident Fund Organisation (EPFO) is crediting annual interest to PF accounts, and for some people, this extra amount can go up to Rs 46,000 or even more. Here’s a simple explanation of what this payment means, who can … Read more
Millions of EPFO members are set to receive major relief as the government plans to introduce UPI-based PF withdrawals. This move is expected to make accessing provident fund money faster, simpler, and more convenient than ever before. Here is a clear and easy breakdown of what’s changing and why it matters. EPF Withdrawal via UPI … Read more
Good news for Employees’ Provident Fund Organization (EPFO) members! The EPFO is planning to use advanced technologies like Artificial Intelligence (AI), Blockchain, and Machine Learning (ML) to make it easier for members to verify old service records when filing advance or final claims. Many employees who joined EPFO before the UAN system was introduced often … Read more
The Employees’ Provident Fund Organisation (EPFO) has issued a clarification regarding Employees’ Deposit Linked Insurance (EDLI) claims. The clarification comes after instances where EDLI benefits were being denied or reduced because minor gaps between jobs were incorrectly treated as a break in service. For example, if a Saturday or Sunday fell between an employee leaving … Read more
There’s good news for the salaried class. The Employees’ Provident Fund Organisation (EPFO) is set to make PF withdrawals faster and easier than ever before. Soon, employees will be able to withdraw their PF money instantly through UPI, without filling out long forms or waiting for days. This new facility has been launched in collaboration … Read more