April 1, 2025 | New Delhi — In a big relief to over 7.5 crore EPFO members, the Employees’ Provident Fund Organisation (EPFO) has raised the auto-settlement limit for PF advance claims from ₹1 lakh to ₹5 lakh. This key reform aims to expedite the claims process, reduce human intervention, and improve access to funds … Read more
In a move set to impact millions of pensioners across the country, the central government is actively considering a proposal to increase the minimum pension under the Employees’ Pension Scheme (EPS-95) from the current ₹1,000 to ₹7,500 per month. The change, if implemented, would be the first substantial hike in years and aims to provide … Read more
The Employees’ Provident Fund Organization (EPFO) is set to revolutionize PF withdrawals with the upcoming EPFO 3.0 system, which will allow members to withdraw their Provident Fund (PF) directly from ATMs. This groundbreaking initiative aims to simplify the PF withdrawal process, making it as convenient as bank transactions. The move is expected to eliminate delays, … Read more
In a significant update for Employees’ Provident Fund Organisation (EPFO) subscribers, the government has retained the interest rate at 8.25% for the financial year 2024-25. This decision was made in the recent EPFO Central Board of Trustees meeting, ensuring that more than 7 crore employees will benefit from the unchanged interest rate. While the exact … Read more
