Explore the latest EPFO news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
According to ET report, Employees Provident Fund Organisation EPFO is gearing up to fast-track th...
The Employees Provident Fund Organisation EPFO has rolled out a new initiative titled PRAYAAS ...
The central government is reportedly considering an increase in the minimum pension under the Employ...
Employees’ Provident Fund Organisation (EPFO) has introduced a revamped Form 13 functionality, simplifying the process of transferring provident fund (PF) accounts when employees change jobs. This initiative, effective from January 2025, aims to streamline fund transfers for members. It is expected to benefit over 1.25 crore individuals annually by enhancing service delivery. The move aligns […]
Employees’ Provident Fund Organisation (EPFO) has released its provisional payroll data for February 2025, showcasing a net addition of 16.10 lakh members. This marks a year-on-year growth of 3.99% compared to February 2024, reflecting increased employment opportunities and heightened awareness of employee benefits. The data highlights significant trends in new enrollments, rejoining members, and female […]
Employees’ Provident Fund Organisation (EPFO) is gearing up for a major digital overhaul with the launch of EPFO Version 3.0, expected by May or June 2025. Union Labour and Employment Minister Mansukh Mandaviya has announced the launch of an upgraded platform. It will feature ATM-based withdrawals, auto-claim settlements, and other simplified services. The initiative aims […]
Employees’ Provident Fund Organisation (EPFO) has announced a significant policy change, allowing employers to make one-time payments of past dues via demand drafts. This decision comes in response to technical glitches and delays in the Electronic Challan-cum-Return (ECR) system, which have hindered timely deposit of EPF contributions. The move aims to address employer concerns while […]
Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment, has taken a groundbreaking step in enhancing its digital services. By introducing Aadhaar-based Face Authentication Technology (FAT) for Universal Account Number (UAN) generation and activation through the UMANG mobile app, EPFO aims to provide a seamless, contactless, and secure experience for millions of […]
In a major reform to enhance Ease of Living for EPF members and Ease of Doing Business for employers, the Employees’ Provident Fund Organisation (EPFO) has introduced two key changes to streamline claim settlements and bank account seeding. 1. No More Cheque Leaf or Passbook Uploads EPFO has eliminated the requirement to upload a scanned […]
Employees’ Provident Fund Organisation (EPFO) has introduced significant reforms to simplify the process of updating personal details and withdrawing funds for EPF members. These changes aim to enhance convenience for EPF members and reduce administrative burdens for employers. The reforms, announced by the Ministry of Labour and Employment, have been widely welcomed as a step […]
Employees’ Provident Fund Organisation (EPFO) has introduced two significant reforms aimed at simplifying the claim settlement process and enhancing ease of living for its members and ease of doing business for employers. These changes, effective from April 1, 2025, reflect EPFO’s commitment to leveraging technology and streamlining operations to provide a seamless experience for its […]
Employees’ Provident Fund Organisation (EPFO), one of the largest social security organizations globally, has expanded its banking network by empanelling 15 additional banks for the collection of EPFO contributions. This move takes the total number of empanelled banks to 32, significantly enhancing accessibility for employers and members. The expansion aligns with EPFO’s mission to simplify […]
Employees’ Provident Fund Organisation (EPFO) has introduced several transformative changes to its claim settlement process, effective from April 1, 2025. These reforms aim to enhance efficiency, reduce paperwork, and improve the overall experience for its 7.5 crore members. With a focus on digitization and automation, EPFO is setting new benchmarks in service delivery, ensuring faster […]
To enhance the ease of living for its 7.5 crore members, the Employees’ Provident Fund Organisation (EPFO) is set to increase the auto-settlement limit for provident fund (PF) withdrawals from ₹1 lakh to ₹5 lakh. This decision, approved during the 113th Executive Committee meeting of the Central Board of Trustees (CBT) held in Srinagar, Jammu […]
Employees’ Provident Fund Organisation (EPFO) convened its 113th Executive Committee (EC) meeting of Central Board of Trustees (CBT) on March 29, 2025, in Srinagar. Chaired by Sumita Dawra, Secretary of the Ministry of Labour and Employment, the meeting brought together senior officials, representatives of employers and employees, and EPFO leadership to discuss key initiatives aimed […]
