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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…
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: If you’re a salaried employee contributing to a PF account every month, here’s something you should know. In times of financial need, your PF savings can be a big help. However, many people face rejection when trying to withdraw their EPF—often due to small, avoidable mistakes. The good news? These issues can be…
New Delhi: Provident Fund (PF) is one of the safest investment instruments for lakhs of working-class professionals. The amount deposited in the EPF account of an investor can be withdrawn at the time of retirement, resignation and other emergency circumstances. Only in the case of resignation from service (not superannuation) a member has to wait…
New Delhi: A delegation of pensioners’ body EPS-95 National Agitation Committee on Tuesday met with senior officials of the Employees’ Provident Fund Organisation to press for their long-standing demand for a minimum monthly pension of Rs 7,500. The members also demanded full medical coverage for EPS members and their spouses, the EPS-95 National Agitation Committee…