EPFO is set to launch a new mobile application in April to allow members to withdraw their provident fund directly through UPI. The move aims to simplify withdrawals, reduce paperwork, and improve service delivery for over eight crore subscribers
The EPFO has launched the Employees’ Enrolment Scheme 2025, offering employers a six-month window to enrol workers left out of EPF coverage since 2017. The one-time initiative aims to expand coverage, regularise non-compliance and strengthen social security nationwide.
EPFO now allows members to download Annexure K online, making PF transfers smoother and faster. The move ensures transparency, accurate account details, and seamless service. Passbook Lite provides a simplified view of contributions and withdrawals through the EPFO portal
The government plans to launch EPFO 3.0 app by May or June this year which will offer banking-like convenience along with several digital features to make transactions easier
This interest rate will be officially notified in the government gazette after approval by the Ministry of Finance after which the EPFO will credit the approved rate of interest into its subscribers' accounts
Hyderabad: If you see your PF statement, you will find three components – Employee share, Employer share, and Pension Contribution or Employee Pension Scheme (EPS). While the amount that gets deducted from your gross salary towards the provident fund is called employee share, the amount which the employer contributes towards your provident fund is known […]
New Delhi: Former Congress president Rahul Gandhi hit out at the BJP-led Centre on Tuesday over high inflation and reduced rates of fixed deposits and provident fund, and said the common people are facing the consequences of its wrong policies. He also asked if it was not the responsibility of the government to provide relief […]
The provision for special withdrawal to meet the financial need of members during the pandemic was introduced in March 2020, under Pradhan Mantri Garib Kalyan Yojana (PMGKY).
Now the interest rate would be officially notified in the government gazette following which the EPFO headquarter would give directions for crediting the rate of return on EPF into the subscribers accounts.
