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EPF News

11 Apr 2025

Chances Of PF Claim Rejection To Become Much Lesser Now; EPFO Takes THESE Step

The Employees’ Provident Fund Organisation (EPFO) has in the recent months taken several initiatives to make life easier for PF subscribers.

03 Apr 2025

EPFO Withdrawal: Bank A/c Employer Verification No More Required

EPFO has taken two major decisions for claim settlement that include removal of Requirement to Upload Image of Cheque Leaf / Attested Bank Passbook and removal of Employer Approval Requirement for Seeding Bank Account Details with UAN.

02 Apr 2025

EPF Interest Rate History: Did You Know When EPFO Offered 12% Interest?

EPF Interest Rate History: EPFO is likely to increase the auto-settlement of advance claims (ASAC) limit, raising it five times from Rs 1 lakh to Rs 5 lakh. EPFO has retained the provident fund interest rate (8.25%) for the FY 2024-25. The Employees' Provident Fund was established with the enactment of the Employees' Provident Funds Ordinance on November 15, 1951, which was later replaced by the Employees' Provident Funds Act, 1952. Let's have a quick look on the history of the employees' provident fund interest rates.

16 Mar 2025

EPFO New Rules: PF Account Holders Get Rs 7 Lakh Insurance for Free- Benefits

EPFO New Rule Update: In its 237th meeting, EPFO announced key changes to the Employees' Deposit Linked Insurance (EDLI) scheme. These updates will simplify the death claim process and increase insurance benefits, helping thousands of families every year. The EDLI scheme, introduced by the Government of India in 1976, provides life insurance to employees enrolled in the EPF scheme, ensuring financial support for their families in case of an untimely demise.

27 Feb 2025

Higher EPS Pension BIG UPDATE: EPFO To Process All Cases By THIS DATE

This information was provided by the EPFO at the Executive Committee (EC) of the Central Board of Trustees, EPF, chaired by Labour and Employment Secretary Sumita Dawra.

20 Feb 2025

Claim Provident Fund Money Using UPI? EPFO Reportedly Working On Process

PF Money Withdrawal: The EPFO is reportedly in talks with the National Payment Corporation of India (NPCI) to introduce the feature on UPI systems within the next two to three months.

07 Feb 2025

Record 5-Crore Claims Settled In FY25; How To Check EPFO Claim Status Online

EPFO Has Achieved Historic Milestone of Settling Over 5 Crore Claims in FY 2024-25.

06 Feb 2025

PF Update: How To Track EPFO Higher Pension Application Status?

EPFO Higher Pension Application Status: How to track it? Step by step process explained.

04 Feb 2025

About 22,000 EPFO members got higher pension, 1.65 lakh asked to ...

Last chance was provided to all employers to forward the applications for pension on higher wages by January 31, 2025.

12 Dec 2024

EPFO Pension Alert! Will Govt Increase Minimum Pension Amount EPF Scheme?

Pankaj Chaudhary, Minister of State for Finance, stated that the Ministry of Labour and Employment has received representations from stakeholders, including trade unions, requesting an increase in the minimum pension amount under the EPS.

02 Dec 2024

Leaving Your Job? EPFO Has A Critical Information On UAN

Retirement fund body EPFO has made Universal Account Number (UAN) mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952.

02 Dec 2024

Good News For EPF Subscribers! Interest To Be Paid To Upto Date Of Settlement

As per existing provisions, for the claim settled till 24th of the month, interest is paid only upto the end of the preceding month, which has now been ammended by the Central Board of Trustees (CBT), EPFO.

25 Nov 2024

Inoperative EPF Accounts Surge 5-Fold To Rs 8,505 Crore In 6 Years

Similarly, in 2022-23, as many as 17,44,518 inoperative accounts had Rs 6,804.88 crore.

04 Oct 2024

5 Simple Steps To Unblock Your Inoperative EPF Account Online

Employee Provident Fund (EPF) or PF account will continue to earn interest as long as it is active. An inoperative EPF account will not acrue any interest for the subscriber.

04 Sep 2024

MASSIVE Pension Related Relief For EPFO Members From 1 January 2025

EPS Pensioners will get pension money from any bank, any branch, anywhere in India from 1st January 2025.

20 Jul 2024

Confused With PF Withdrawal? EPFO Comes With New Initiative To Help Members

This decision follows recent backlash on social media about delays in resolving complaints and an increase in rejected settlement claims

24 Jun 2024

EPFO UAN: Here's Everything You Need To Know About Crucial 12-Digit ID

Your UAN is a unique 12-digit number that ensures you keep receiving your EPFO benefits no matter how many jobs you switch.

14 Jun 2024

EPF Withdrawal Update: EPFO Discontinues Covid-19 Advance Facility

EPF is a government-supported program that provides retirement benefits to employees.

31 May 2024

EPFO Introduces New Rules For Cheque Leaf And Bank Passbook Uploads

To verify claims EPFO uses verification methods instead of requiring a validated bank passbook or cheque leaf image.

14 May 2024

EPFO Introduces Auto Claim Settlement For Education, Marriage, Housing

EPFO has introduced an Auto Claim Solution where in claim is processed automatically by IT system without any human intervention.

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