April 1, 2025 | New Delhi – In a significant move set to benefit 7.5 crore Employees’ Provident Fund Organization (EPFO) members, the Modi government has approved a proposal to raise the auto-settlement limit for PF withdrawals from ₹1 lakh to ₹5 lakh. The proposal was greenlit by Sumita Dawra, Secretary of the Ministry of … Read more
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
New Delhi, March 30, 2025 — The Employees’ Provident Fund Organisation (EPFO) is set to introduce a groundbreaking feature that will allow its members to withdraw funds through UPI and ATM, drastically simplifying access to their retirement savings. This new initiative, expected to go live by May or early June 2025, is poised to benefit … 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
New Delhi : Retirement fund manager Employees’ Provident Fund Organisation (EPFO) added 13.95 lakh net subscribers during the month of November 2021, showing an increase of around 2.85 lakh net additions over the previous month. The increase in subscriber number indicates formalisation of economy and increase in economic activities leading to improvement in job market. … Read more
The Unified Mobile Application for New-age Governance (UMANG) has been a big hit among Employees’ Provident Fund Organisation (EPFO) subscribers enabling them to utilize services during COVID-19 pandemic from the comfort of their homes in hassle free manner. Presently a PF member can access 16 different services of EPFO on their mobile phone using UMANG … Read more
