If you’ve changed jobs, chances are you have more than one EPF account linked to your Universal Account Number (UAN). Even though your UAN stays the same, every new employer may create a fresh PF account under it. Over time, this leads to multiple accounts holding your retirement savings. The problem? These accounts don’t merge … Read more
If you work in the private sector and Provident Fund (PF) is deducted from your salary, keeping your EPF nominee updated is very important. Many people ignore this small step, but it plays a crucial role in ensuring that their savings reach the right person in case of an emergency. The good news is that … Read more
The Employees’ Provident Fund Organisation (EPFO) has decided to keep the interest rate on EPF deposits unchanged at 8.25% for the financial year 2025–26. For crores of salaried employees, this means one thing — stability. Your provident fund savings will continue to earn the same return as last year. The decision was taken by the … Read more
India’s retirement fund body, the Employees’ Provident Fund Organisation (EPFO), has fixed the interest rate on Provident Fund (EPF) deposits at 8.25% for the financial year 2025-26. The decision was taken at a meeting of the Central Board of Trustees (CBT), chaired by Union Labour and Employment Minister Mansukh Mandaviya. The CBT is the highest … Read more
The Employees’ Provident Fund Organisation (EPFO) is preparing for a big shift in how it invests your retirement money. The body is planning to merge funds from its different schemes into one single investment pool. The aim is simple — make investments more transparent, more efficient, and easier to manage. Right now, EPFO follows separate … Read more
The Ministry of Labour and Employment has announced a major step to help workers reclaim their long-forgotten savings. Millions of people have money lying unclaimed in inactive Employees’ Provident Fund Organisation (EPFO) accounts. Now, the government plans to return this money directly to the rightful account holders. This move could bring relief to workers who … Read more
The Employees’ Provident Fund Organisation (EPFO) has changed the way pensions are calculated for certain members under the Employees’ Pension Scheme (EPS). For some retirees, this update could mean a much higher monthly pension. The key difference? Their pension may now be calculated on their actual salary instead of a fixed wage limit. Here’s what … Read more
Millions of subscribers of the Employees’ Provident Fund Organisation (EPFO) are waiting to know this year’s PF interest rate for FY 2025–26. The main question is whether the government will increase the interest rate on provident fund deposits or keep it at 8.25%, the same as last year. It is expected that the interest rate … Read more
The Employees’ Provident Fund Organisation (EPFO) has introduced several major reforms to make PF services faster, simpler, and fully digital. From withdrawals and transfers to pensions and insurance, the process has become smoother for employees and pensioners. Here are 15 important changes you should know about. PF Withdrawal and Advance Rules Made Simple Earlier, PF … Read more
Many salaried employees don’t know this — but they already have life insurance cover without paying anything extra. If you are a member of the Employees’ Provident Fund Organisation (EPFO), you are automatically covered under the Employees’ Deposit Linked Insurance (EDLI) scheme. This scheme provides life insurance coverage of up to ₹7 lakh to your … Read more
The Employees’ Provident Fund Organisation (EPFO) is preparing to launch a new mobile app that could change how millions of Indians withdraw their EPF money. Soon, members may be able to transfer their EPF savings directly to their bank accounts using UPI — just like sending money through a regular payment app. The app is … Read more