Epfo

Over 7 million employed under Viksit Bharat Rozgar Yojana: PM Modi

Prime Minister Narendra Modi said the employment-linked incentive scheme has generated nearly 7 million jobs and expanded social security coverage for first-time workers

Talking finances: An important conversation Indian couples fail to have

More than ₹80,000 crore lies unclaimed across banks, insurers, mutual funds and provident fund accounts, exposing a critical gap in household financial disclosure

EPFO members likely to get 8.25% interest credit for FY26 this month

After ratification by the government, interest likely to be credited to more than 70 million contributing members

Govt ratifies 8.25% EPF interest rate for FY26, to be credited this month

The government has ratified 8.25 per cent rate of interest on employees' provident fund (EPF) deposits for 2025-26, which is likely to be credited to over seven crore contributing members this month, a source said on Thursday. EPFO provides the rate of interest on EPF after it gets ratified by the government through the finance ministry. The source told PTI that the finance ministry has given its concurrence to 8.25 per cent rate of interest fixed by Central Board of Trustees (CBT), the apex decision making body of the Employees' Provident Fund Organisation (EPFO). Earlier on March 2, 2026, the CBT in a meeting chaired by the Union Labour Minister Mansukh Mandaviya had decided to fix 8.25 per cent rate of interest for the financial year 2025-26, marking the third consecutive year this rate has been maintained. Thereafter the proposal was sent to the finance ministry for concurrence as the guarantor of the EPF is the Government of India. The source said that the finance ministry ha

Why India's employment question now turns on permanence and retention

India needs nearly 7.85 million non-farm jobs annually; the PM Viksit Bharat Rozgar Yojana seeks to boost formal employment through incentives and retention

EPFO 3.0 | PF via UPI: When and how much can you withdraw?

EPFO is preparing its biggest digital upgrade yet. Soon, provident fund withdrawals could happen through UPI and even ATMs. But how much money can you withdraw? Is the system live already?

EPFO's overlooked insurance benefit can provide up to Rs 7 lakh cover

EDLI scheme explained: Eligibility, claim process and payout rules decoded

EPFO to roll out WhatsApp chatbot for member queries amid rising grievances

EPFO plans to launch a WhatsApp-based chatbot to handle member queries, PF services, and grievance-related communication in regional languages

EPFO to soon auto-process final PF withdrawals, speeding up payouts

EPFO will soon automate the process for settling final provident fund withdrawal claims, fast-tracking the money transfer to the applicant's bank accounts

EPFO plans risk-based inspection to replace discretionary checks

New framework will replace discretionary inspections with technology-driven compliance checks based on data analysis and risk profiling

Withdrawal of retirement provident funds to soon be automated: EPFO

Retirement fund body EPFO will soon automate the process for settling final provident fund withdrawal claims, fast-tracking the money transfer to the applicant's bank accounts, a top official said on Wednesday. The Employees' Provident Fund Organisation (EPFO) has more than seven crore members. At present, partial or advance withdrawal claims of up to Rs 5 lakh are settled through auto mode, and the deadline for the auto-settlement mode is three days from filing the claim. Speaking at the ASSOCHAM's National Seminar on New Labour Codes, Central Provident Fund Commissioner, EPFO, Ramesh Krishnamurthi, said, "We are also going to initiate, as far as feasible, auto-settlement for now...which was (available) only for advances. Now we are going in for auto-settlement of final withdrawals." He further added that the EPFO is going in for auto-settlement and auto-transfer of provident fund accounts in case a member shifts employers. "You don't have to file a form anymore. We try to ...

J&K staff integration: EPFO sticks to 2019 cutoff, sparks concern

The proposals also seek to withdraw a decision taken at the 235th CBT meeting in Feb 2024, which had recognised one such promotion, citing the need to maintain consistency with the earlier framework

EPFO's E-PRAAPTI portal explained: How to find old PF accounts without UAN

EPFO is launching a new portal, E-PRAAPTI, to help users track and access old or inactive PF accounts with ease. In this video, we explain how the new system by Employees' Provident Fund Organisation

EPFO to launch Aadhaar-based portal to unlock dormant PF accounts

EPFO will launch an Aadhaar-based portal, E-PRAAPTI, to help members access inactive PF accounts, retrieve unclaimed balances, and streamline account activation

EPFO replaces Form 15G/15H with 121: What it means for withdrawing money

EPF TDS exemption moves to Form 121, allowing simpler filing process but with stricter data checks and verification norms

BS Opinion wrap: India must harness its untapped services trade potential

From services trade trends and POSH gaps in IT firms to rupee volatility, labour reforms, and Arctic geopolitics, here are the key insights from today's Business Standard Opinion page

EPFO, ESI overhaul required to unlock India's formal jobs potential

The EPFO and ESI have resisted radical reinvention since 1991, illustrating how self-interested bureaucracies preserve their own interests by creating improbable scenarios of chaos

EPFO can't reject higher pension claims for employer lapses: Bombay HC

Court's order means the social security body must independently verify retirement claims using all available evidence rather than penalising workers for their firms' administrative failures

EPFO shifts recruitment to IBPS after NTA exit, eyes annual hiring cycle

Body signs MoU with IBPS for recruitment exams as NTA exits; plans annual hiring cycle to address staffing gaps and streamline processes

EPFO delays UPI-linked PF withdrawals to May-end amid final testing

EPFO to enable UPI-based PF withdrawals by May-end under CITES 2.0 upgrade, promising faster access but requiring a brief system shutdown during migration