EPF members may soon withdraw funds directly through UPI, with a target rollout by April 2026. Additionally, a pilot project ...
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EPFO simplifies claim process with two key reforms: What are the benefits for members, employers?
NEW DELHI: The Employees' Provident Fund Organisation (EPFO) recently announced two key reforms to make the claim settlement process "simpler, faster, and hassle-free" for crores of EPF members and ...
EPF members may soon withdraw funds via UPI, with a pilot project set to auto-settle claims for small, inactive accounts.
Many EPFO pension claims get rejected due to simple errors such as incomplete forms, data mismatches or missing documents. The government has now explained the key reasons behind EPS-95 pension claim ...
The Labour Ministry has begun a major clean-up of inoperative EPF accounts, announcing automatic refunds of ₹30.52 crore lying in over 7 lakh small inactive accounts. The move is part of a wider ...
The 239th EPFO CBT meeting chaired by Dr. Mansukh Mandaviya approved an 8.25% interest rate for 2025-26, a major Amnesty Scheme for exempt trusts, a new simplified SOP, and a pilot for auto-claim of ...
The retirement fund body has carried out a KYC analysis of such inoperative accounts, as the pilot phase will see auto-settlement for only KYC and Aadhaar-seeded accounts.
Employees who contribute to the Employees’ Provident Fund (EPF) can change or update the nominee for their account at any time. The facility is available online through the EPFO member portal and does ...
Approves new pilot scheme for auto initiation of claim settlement of inoperative accounts, approves notification of new ...
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