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New Delhi: Retirement fund body EPFO has issued a circular regarding Mandatory Allotment and activation of UAN through UMANG APP using FAT. The mandatory rules are applicable from 1 August 2025. “In this connection, in order to ensure error-free generation of UAN, it has been decided that with effect from 1 August 2025 the allotment/generation…
New Delhi: Retirement fund body EPFO has issued a circular regarding Mandatory Allotment and activation of UAN through UMANG APP using FAT. The mandatory rules are applicable from 1 August 2025. “In this connection, in order to ensure error-free generation of UAN, it has been decided that with effect from 1 August 2025 the allotment/generation of UAN will…
New Delhi: Withdrawing money from your Provident Fund (PF) has now become a lot simpler. You no longer need to run around gathering multiple documents. The Ministry of Labour and Employment recently informed Parliament that the PF withdrawal process has been streamlined to make it more convenient for employees. You can withdraw your PF easily…
New Delhi: Digital Locker, one of the key initiatives under the Digital India initiative, is aimed at eliminating the usage of physical documents and enable sharing of e-documents across government agencies via a mechanism to verify “authenticity” of the documents online. These digitally signed documents can be hared with Government organizations or other entities. EPFO…
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…
If you are a salaried person and looking to buy a home, then this news is for you as the Indian government recently changed Employees’ Provident Fund (EPF) withdrawal rules. What are the new EPF rules? According to revised EPF rules in Para 68-BD of the EPF Scheme, 1952, EPFO members can withdraw up to…
New Delhi: Amidst the much-anticipated reforms in the EPFO services with an EPFO Version 3.0 in the offing, the Ministry of Labour & Employment on Tuesday enhanced auto-settlement limit for advance claims to Rs 5 lakhs, ensuring faster access to funds for members. The EPFO Version 3.0 is also expected to undergo numerous changes with…
EPFO Auto-Settlement Limit: Good News For Government Employees! the Employees’ Provident Fund Organization (EPFO) has raised the limit for auto-settlement of advance claims from Rs 1 lakh to Rs 5 lakh. This move is designed to facilitate quicker financial access for EPFO members, particularly in urgent situations such as medical or education emergencies, quicker fund…
The Employees’ Provident Fund Organisation (EPFO) has announced an extension of the deadline for Universal Account Number (UAN) activation and Aadhaar linking with bank accounts until June 30, 2025. This extension is crucial for employees aiming to benefit from the Employment Linked Incentive (ELI) scheme. WHAT’S THE ELI SCHEME ALL ABOUT? The ELI scheme was…
New Delhi: Retirement fund body Employees’ Provident Fund Organisation (EPFO) has issued notification regarding timeline for UAN Activation and AADHAAR seeding in Bank Account for ELI Scheme. EPFO, has said that UAN Activation and seeding Bank Account with AADHAAR for availing the benefits under ELI Scheme has been extended up to 30 June 2025. Three…