Diabytes
Provident fund News
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The central government has approved crediting of interest at the rate of 8.25 per cent on EPF accumulations for the current year 2024-25.
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As PF Subscribers have been eagerly waiting for the interest rate for FY 2024-25 to be credited into their account, here's understanding what happens to PF Subscribers with inoperative account? Do they earn interest on it?
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PF subscribers can check their PF Balance from the comfort of home using four different ways --check PF balance using SMS, online, missed call and UMANG App.
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The EPFO Version 3.0 is also expected to undergo numerous changes with regards to digital corrections, and ATM-based fund withdrawals.
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EPFO has enhanced the auto-settlement limit for advance claims to ₹5 lakhs, ensuring faster access to funds for members.
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What is an inoperative PF account? Do you earn money on your PF that has become inoperative? Find out.
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When employees withdraw their PF, they subconsciously leave their EPS component behind. What happens to that EPS pension money? How can you track it? Check the details here.
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The interest rate on EPF for 2024-25 is set to be credited into the accounts of the EPFO members soon.
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You’re allowed to make a partial withdrawal from your PF account under specific situations — but only if your account is at least 5 to 7 years old.
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There are different types of EPF advance that members can apply. Check 10 reasons for which you can withdrawal partial money from EPFO
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23,526 new establishments have been brought under the social security ambit of the ESI Scheme in the month of February, 2025.
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EPFO subscribers will soon be able to withdraw upto Rs 5 lakh under auto-settlement limit for advance claims (ASAC) without requiring manual verification.
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Members who already have a UAN but have not yet activated, can now easily activate their UAN through the UMANG App.
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EPFO added that an undertaking from the employer should be obtained for verification of beneficiaries in case a claim arises.
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Here Are The Complete List Of 32 Banks That Are Empanelled For Collection Of EPFO Contributions (list in alphabetical order)
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EPFO has recently made two changes in its claim settlement rule -- 1. Removal of Requirement to Upload Image of Cheque Leaf / Attested Bank Passbook and 2. Removal of Requirement of Employer Approval for Seeding Bank Account Details with Universal Account Number (UAN).
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Here are the 8 major steps taken by EPFO to streamline the claim settlement process, knowing which can help you withdraw your PF hassle-free and use it for various purposes.
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The Minister Of State For Labour And Employment was sought details of the total number of applications received and processed successfully by the EPFO along with the amount of such withdrawals during the last ten years.
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EPFO is also soon going to launch UPI and ATM-based PF withdrawals.
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PF members will soon be able to withdraw funds through UPI and ATM by the end of May or June this year.
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