PF Withdrawal Rule Changed: Why EPFO Will Keep 25% Of Your Balance Locked

PF Withdrawal Rule Changed: Why EPFO Will Keep 25% Of Your Balance Locked

New Delhi: In an conversation with CNBC-TV18, Employees’ Provident Fund Organisation (EPFO) Chief Ramesh Krishnamurthi defended the new rule that mandates members to keep 25 percent of their provident fund (PF) balance locked, even when they withdraw the rest. He said the move is aimed at ensuring long-term financial and retirement security for workers. According…

Read More
EPFO New Rules: Family Eligible For Rs 50,000 Payout In Event Of PF Holders Death Even If Fund Balance Is Less Than…

EPFO New Rules: Family Eligible For Rs 50,000 Payout In Event Of PF Holders Death Even If Fund Balance Is Less Than…

New Delhi: The Ministry of Labour and Employment notified the Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2025 (EDLI Scheme), thus relaxing the criteria for getting Rs 50,000 payout in the event of death of PF subscriber. The EPFO notification said that in the event of death of an employee under during the preceding twelve months or…

Read More