EPFO
The EPFO is one of the world's largest social security organisations in terms of clientele and the volume of financial transactions undertaken. According to the EPFO website, at present it maintains 24.77 crore accounts (Annual Report 2019-20) pertaining to its members. The Employees' Provident Funds & Miscellaneous Provisions Act, 1952 and Schemes framed are administered by a tri-partite Board known as the Central Board of Trustees, Employees' Provident Fund, consisting of representatives of Government (Both Central and State), Employers, and Employees.
The Central Board of Trustees administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India – namely EPF Scheme 1952, Pension Scheme 1995 (EPS) and Insurance Scheme 1976 (EDLI). The EPFO’s Central Board of Trustees after consultation with the Ministry of Finance reviews the interest rate of EPF every year, for a financial year.
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EPFO
EPFO stands for Employees’ Provident Fund Organisation. It is a retirement fund body which on a mandatory basis provides Universal Social Security Coverage to all salaried employees in India.The EPFO is one of the world's largest social security organisations in terms of clientele and the volume of financial transactions undertaken. According to the EPFO website, at present it maintains 24.77 crore accounts (Annual Report 2019-20) pertaining to its members. The Employees' Provident Funds & Miscellaneous Provisions Act, 1952 and Schemes framed are administered by a tri-partite Board known as the Central Board of Trustees, Employees' Provident Fund, consisting of representatives of Government (Both Central and State), Employers, and Employees.The Central Board of Trustees administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India – namely EPF Scheme 1952, Pension Scheme 1995 (EPS) and Insurance Scheme 1976 (EDLI). The EPFO’s Central Board of Trustees after consultation with the Ministry of Finance reviews the interest rate of EPF every year, for a financial year.
EPFO credits August pensions early to 4,40,901 pensioners in Keralam Zone amidst Onam celebrations
The Employees' Pension Fund Organisation credited August pensions early for 4,40,901 pensioners. This advance disbursement occurred on August 26, 2026, before the Onam festival. The Employees' Pension Scheme 1995 is usually paid at the month's end. This early release enabled families to celebrate the festival without financial concerns. EPFO aims for timely social security benefit delivery through technology.
SC asks Centre to consider devising safeguards to ensure no misuse of EPFO, ITR data
The Supreme Court finds private access to sensitive EPFO and ITR data worrisome. It urged the Centre to devise safeguards against potential misuse of this information. A bench noted a commercial technology ecosystem accessing personal data. The court suggested expert assistance for an effective data protection mechanism. The government was asked to take steps to prevent data misuse by private enterprises.
EPF vs stock market: EPFO reveals 6 reasons why EPF offers greater retirement security
The Employees Provident Fund (EPF) presents a government-backed savings scheme, ensuring consistent interest rates with mandatory contributions from eligible employees. In contrast, the share market offers a more volatile investment route, where participation is entirely optional. While EPF secures tax advantages, pensions, and insurance, shares may promise greater returns but come with inherent risks.
EPFO urges establishments to enrol eligible workers under EEC 2026
Establishments can now enrol previously uncovered employees under EPF. This Employees' Enrolment Campaign 2026 offers a one-time opportunity for compliance. Eligible workers will gain access to provident fund and pension benefits. Employers must complete enrolment and remittance through the online portal. The campaign aims to bring more workers into the social security framework.
RailTel Corporation shares rally 5% after bagging Rs 166.8 crore EPFO order
RailTel shares gained nearly 5% after the company received a Rs 166.80 crore work order from EPFO for a one-year extension of its Infrastructure-as-a-Service engagement. While the order strengthens revenue and order-book visibility, technical indicators remain weak, with the stock trading below all 8 monitored SMAs and its RSI at 32.5. FII holding also rose modestly in the June 2026 quarter.
EPF calculator: Basic pay Rs 50,000? In how many years can you build Rs 2.23 crore retirement corpus?
The Employees Provident Fund serves as a robust mechanism for building long-term savings through consistent contributions and the magic of compound interest. Factors like annual salary hikes and stable interest rates greatly influence the total savings, while optional contributions can further bolster retirement finances.
EPFO rules for NRIs’ EPF withdrawal: Do NRIs need to wait till 58 years of age to withdraw their employees’ provident fund retirement corpus?
Non-resident Indians have the opportunity to access their Employees Provident Fund (EPF) corpus upon their departure from India. Those who are relocating permanently abroad can initiate a complete withdrawal after fulfilling necessary formalities. Notably, NRIs aren’t required to reach the age of fifty-eight for this withdrawal.
Young workers drive India's formal employment as 79% of new UANs come from 18-30 age group
Young individuals aged eighteen to thirty are now leading India's formal employment expansion. This demographic represents seventy-nine percent of new Universal Account Numbers generated. The 21 to 25 age group forms the largest cohort entering formal employment. Businesses are increasing investments in apprenticeships and job-ready skills development.
India sees sharper demand for specialised, mid-career talent as GCC hiring accelerates
Global capability centres are rapidly increasing hiring for specialized and mid-career professionals. Technology and innovation are now key drivers for these centres' expansion. Experienced talent is increasingly sought after for immediate contributions to transformation programs. Contractual roles now form a significant portion of the global capability centre workforce.
EPFO withdrawal rules: Minister reveals how much EPF amount can subscribers withdraw during medical emergency, unemployment, house repair
The Employees' Provident Fund Organisation (EPFO) has made it easier for members to access their savings by modifying withdrawal regulations. Now, individuals can withdraw up to seventy-five percent of their accumulated balance twice a year. In cases of unemployment, members can access seventy-five percent of their provident fund immediately.
Parliament Watch: Mines & minerals update bill approved, EPFO declarations
Parliament has approved a bill to regulate state governments' powers on mining taxes. This new legislation aims to ensure global competitiveness within the mining sector. Excessive fiscal burdens will be addressed to make mining operations commercially viable. States will continue to be the primary beneficiaries of mining tax proceeds. A uniform and balanced fiscal framework will guide future state levies.
RailTel shares rise 4% after securing Rs 165 crore order from Western Coalfields
RailTel Corporation of India shares gained nearly 4% after the company secured a Rs 164.79 crore work order from Western Coalfields Limited, taking its August order wins to five worth around Rs 551.44 crore. The latest contract involves setting up an MPLS VPN network on a rental basis for 60 months, adding to the company’s growing order pipeline across key public-sector and infrastructure segments.
India’s PMS Industry AUM rises 2% in July to Rs 44 lakh crore, client base grows 1.3%: APMI
India’s PMS industry expanded in July, with AUM rising 2% month-on-month to Rs 44.11 lakh crore and clients increasing 1.3% to 2.23 lakh. Annual growth stood near 11%, while strong inflows, expanding distributors and domestic investors supported continued industry growth.
Why you may lose EPF interest on your inoperative account: EPFO explains what you should do
Employees' Provident Fund (EPF) accounts become inactive if there are no contributions or withdrawals for three consecutive years. To avoid losing interest, it's recommended that early retirees withdraw their funds before this age. EPFO encourages members to manage their balances proactively to maintain interest accumulation and avert potential financial setbacks.
Long-dated G-Secs gain favour as comparable corporate bonds stay scarce
As corporate debt becomes increasingly limited, long-tenured government bonds are witnessing a surge in demand. Institutions like insurance companies and the EPFO are pivoting their investments to these government securities. Anticipation that the Reserve Bank of India will maintain its current rate stance bolsters this trend, with upcoming issuances of new long-term bonds from NABFID and the RBI.
Private capex confidence still catching up as uncertainty clouds investment decisions
Companies are deferring investments due to uncertain demand and volatile commodity prices. Large capital projects require confidence in future cash flows and pricing. The next investment cycle, FY27 to FY31, expects higher annual expenditure demand. Public investment is key to stimulating private capital expenditure and infrastructure growth. Banks and other financial institutions must prepare for increased funding needs.
Higher EPS pension: What is government doing on pending application for higher EPS pension; here's what union minister said
EPS 95 latest news: The Employees' Provident Fund Organisation (EPFO) has received over fifteen lakh applications for higher EPS pensions. As of August 5th, 2026, there remain eleven thousand five hundred ninety-five applications still pending. In response to a Supreme Court ruling granting access to higher pension options, the government has instructed regional EPFO offices and employers to hasten the application verification process.
21.55 lakh inoperative EPF accounts have average balance of around Rs 40,000: Check if your EPF money is also stuck; here's what you can do
EPFO member alert: Over the past four years, inoperative Employees Provident Fund accounts have surged by eighty-four percent, with inactive balances witnessing a dramatic increase of one hundred sixteen percent. Furthermore, the average amount in these dormant accounts rose by sixteen percent. This trend indicates that many members are neglecting to file their claims after leaving service. To address this, the government is implementing steps to identify and revive these inactive accounts.
EPS pension hike: Will minimum pension rise from Rs 1,000 to Rs 7,500?
Minimum EPS pension: Pensioners are advocating for a boost in the minimum EPS pension. The government reassured them that existing pensions are backed by appropriate budget allocations. A considerable number of pensioners benefit from the EPS scheme, and recent Supreme Court rulings have enabled many employees to qualify for increased pensions. While the government is dedicated to enhancing social security, it prioritizes the sustainability of funds.
EPFO claim delays, expert & IT staff shortage flagged by officers’ body; seeks govt intervention
EPFO officers have raised concerns over the backlog of auto claims that have been pending for over twenty days. The newly introduced IT system, CITES, has encountered significant implementation delays. Since 2008, staffing levels have remained stagnant, adversely affecting service quality. Officers are calling for reforms in both the Employees Pension Scheme and the leadership framework, advocating for expert guidance and PFRDA-like withdrawal restrictions to enhance savings.
Telangana audit flags over ₹1,100 crore PF irregularities in outsourcing system
A comprehensive audit conducted by the Telangana government has uncovered more than ₹1,100 crore in suspected irregularities related to provident funds. Hundreds of private manpower agencies are currently facing investigation due to these discrepancies. The audit has flagged potential ghost employees and irregular contributions to provident funds, prompting authorities to initiate fund recovery efforts and pursue legal action against involved agencies.
EPFO e-Office app services to remain unavailable on this date due to system upgrade
Attention users: The Employees Provident Fund Organisation e-Office application will not be accessible on August 5 for essential system upgrades initiated by the NIC e-Office team. This means certain functionalities will experience constraints. Additionally, EPFO services through the UMANG app will also face downtime due to system migrations. Expect mild delays in processing claims and services during this period.
Higher EPS-95 pension: Government clarifies rule for employees of exempted, unexempted establishments
EPS higher pension: The government has acknowledged the Madras High Court's decision on higher pension benefits. Supreme Court orders regarding higher pension contributions have also been examined. An online facility was provided for EPS subscribers opting for higher pension. This higher pension judgment has been implemented uniformly for all establishments. Employees can now contribute based on actual basic salary for increased pension.
Parliament Watch: India-US BTA push, EPFO relief, highway slowdown among key updates
A parliamentary panel has recommended the swift conclusion of the India-US Bilateral Trade Agreement, emphasizing the need for safeguards against future tariff increases on Indian exports. The panel also proposed a comprehensive review of the existing trade relations, alongside a structured plan aimed at elevating bilateral trade to a remarkable $500 billion, while providing support for small industries and establishing a dedicated monitoring desk.
Can you build a ₹5 crore retirement corpus on a ₹15 lakh salary with EPF alone?
Can EPF contributions secure a comfortable retirement for those with higher salaries. With an annual income of ₹15 lakh, one can potentially accumulate a significant retirement fund corpus. However, rising inflation and healthcare expenses highlight the urgent need for a diversified investment strategy to ensure a financially stable future.
New EPF wage ceiling of Rs 25,000? Who will benefit and what it means for EPF subscribers; here’s what the report says
The Expenditure Department has granted approval to increase the EPF wage ceiling to Rs 25,000, aiming to expand mandatory provident fund and pension plans to more employees.
67% higher EPS pension? How Rs 25,000 EPF wage ceiling could increase your monthly payout
EPF wage ceiling: The Employees Provident Fund wage ceiling may increase to Rs 25,000. This change will bring more employees under the EPF and EPS schemes. Employees' in-hand salaries might decrease while their retirement corpus grows. The Employees Pension Scheme pension will likely increase significantly for eligible members. This revision aims to enhance retirement benefits for a larger workforce.
Lost track of old PF account? Govt reveals how new EPFO e-portal helps trace and transfer balance
The EPFO has launched a new digital platform to help members trace old accounts. Members can now securely access and transfer their accumulated PF balances online. This new portal simplifies the process of consolidating funds from inoperative EPF accounts.
Pensioners' body calls for nationwide protest on August 5, demands Rs 7,500 minimum monthly pension
The EPS95 National Agitation Committee has called for a nationwide protest at Delhi's Jantar Mantar on August 5, demanding that the minimum monthly pension under the Employees' Pension Scheme be raised from ₹1,000 to ₹7,500, along with dearness allowance, free medical benefits and implementation of higher pension benefits as per Supreme Court rulings.
EPFO paid lesser EPS money than what was shown in passbook; Consumer commission orders it to pay Rs 1000 compensation and 9% interest
EPFO underpaid school employee's EPS; he files case and wins in consumer commission as commission ruled that the correct factor for his period of service was 0.94, but EPFO wrongly applied the 0.85 factor meant for 10 months of service. Know how this employee won the case against Employees' Provident Fund Organisation.
EPF vs mutual funds: Which is better for retirement? EPFO compares returns, tax, pension benefits and risk
The Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-linked returns and potential capital gains tax. EPF provides additional benefits like pension and life insurance coverage. Mutual fund beneficiaries receive only the investment value upon death.
EPF interest not credited yet? 3 easy ways to check if your PF interest has been credited
The Employees' Provident Fund Organisation has begun crediting 8.25% interest for the financial year 2025-26. Many EPF subscribers are receiving SMS notifications confirming this interest credit. Members can check their EPF balance through the EPFO portal, a missed call, or SMS service.
No proposal to utilise unclaimed LIC, EPFO funds for other purposes: Govt
Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts totaling over seven thousand crore rupees. Inoperative Employees Provident Fund accounts contained over nine thousand crore rupees as of March 2026. Both LIC and EPFO are actively working to locate beneficiaries and settle pending claims. Pilot projects are underway for automatic settlement of smaller inoperative EPF accounts.
Rs 9,330 crore lying in the inoperative EPF accounts; is your account also one of them; here's how to claim fund
As much as Rs 9,330.56 crore lies in inoperative Employees Provident Fund accounts. This unclaimed amount is as of March 31, 2026, according to government data. The Employees Provident Fund Organisation is conducting outreach initiatives to inform members. Inoperative accounts are those with no contributions for three years after retirement. Workers can claim their inoperative EPF funds by transferring or withdrawing them.
EPS pension: These pensioners will automatically get their pension benefits under EPS 2026, minister clarifies in Parliament
The government has notified the EPS pension 2026 scheme, superseding older plans. Existing pension fund benefits are protected under the new scheme. A special drive is underway to dispose of pending labor cases expeditiously. The new scheme maintains the pension calculation formula and contribution rates. Membership eligibility is defined for those joining after June 29, 2026.
EPF calculator: How much PF corpus can you generate with Rs 25,000 basic pay and 30 years of service?
An Employees Provident Fund subscriber could accumulate over Rs 1.12 crore in 30 years. This significant corpus is projected with a Rs 25,000 monthly salary and an 8.25% interest rate. The total contributions amount to Rs 33.26 lakh, while interest earned reaches Rs 78.49 lakh. Compounding interest plays a crucial role in this substantial wealth accumulation over time.
Eligible for 75% EPF balance withdrawal and planning to do so? Think again and find out how much it will cost you to rebuild it
New EPF withdrawal rules offer greater flexibility for salaried employees. Experts caution against withdrawing retirement savings prematurely due to lost compounding. Transferring EPF balances is generally better than withdrawing when changing jobs. Withdrawing EPF can impact future Employees' Pension Scheme benefits significantly. Consider genuine needs like permanent relocation or financial hardship before withdrawing.
EPS minimum pension hike: Is government increasing minimum EPS pension to Rs 7,500? Ministry responds
Employee unions demand a higher minimum Employees Pension Scheme pension. The government has not announced any increase to the current Rs 1,000. The Employees Pension Scheme 2026 has now replaced the previous EPS 1995. This new scheme introduces faster pension claim settlements and higher interest. Pension calculation formulas under the new scheme remain unchanged.
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform push
India's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterprise and retail credit demands. Regulatory recalibrations and revised lending frameworks are essential for this expansion. Wider adoption of digital tools will help close the MSME credit gap. These actions will boost economic growth and investor confidence.
EPFO 3.0: Government plans new pension scheme for formal and unorganised sector workers, claims report explaining how it will work
The government is planning a new pension scheme under the EPFO 3.0 framework. This new plan aims to provide retirement benefits to workers in both formal and unorganised sectors. Members will build a retirement corpus through regular contributions invested in government-backed assets.
IDFC First Bankscam: CBI searches in Chandigarh, Ludhiana
The CBI conducted searches in Chandigarh and Ludhiana concerning a Rs 657 crore fund misappropriation. These searches targeted beneficiaries and public servants involved in the alleged fraud. Incriminating documents and digital evidence were recovered during the extensive searches. The investigation was transferred from Haryana's vigilance bureau to the CBI. This fraud involved siphoning government funds through forged fixed deposits and debit transactions.
EPFO launches six-month 'VISHWAS 2026' scheme to settle employer penalty disputes, promote compliance
The Employees' Provident Fund Organisation (EPFO) has launched 'VISHWAS, 2026', a one-time dispute resolution scheme aimed at encouraging employers to settle long-pending damages and penalty-related cases through a simplified digital process, while promoting voluntary compliance and reducing litigation.
EPF Scheme 2026: Key changes in nominations, PF withdrawals, and employer compliance
Key features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchanged, but the formalisation of revised provisions will trigger new operational obligations.
Automatic EPF transfer on switching job: Who can access this facility and who will be left out?
The new EPF reforms introduce automatic fund transfers when changing jobs. This facility requires an Aadhaar-linked and KYC-compliant Universal Account Number for members. Employees in private and exempted EPF organizations will not receive this automatic transfer. Members can check their previous work history on the EPFO portal for verification. Several digital reforms aim to simplify claims and improve member services.
Did you receive 8.25% EPF interest today in your account? Here's how you can check it
Employees Provident Fund Organisation members anticipate receiving 8.25 percent interest today. This interest payment applies to the financial year 2025-2026 for many subscribers. EPFO subscribers can check their updated balances through the UMANG app or SMS. The EPFO member e-Sewa portal also provides access to account details. Interest accrues monthly, ensuring no loss if credit is delayed.
EPS pension calculator: How much monthly pension can you get after 10 years of service under EPS 2026?
EPS pension : The central government has implemented the Employees' Pension Scheme 2026. This new scheme replaces the Employees' Family Pension Scheme 1971 and EPS 1995. Pension calculation formula remains unchanged while new rules address fund investment and claim delays.
EPFO launches Vishwas 2026; scheme to be operational for six months
Under VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially reduced rates, namely 0.25% per month for defaults up to two months, 0.50% per month for defaults from two to less than four months, and 1.00% per month for defaults exceeding four months, the ministry of of labour and employment said on Friday.
EPFO launches VISHWAS 2026 to settle employer penalty disputes
The EPFO has launched VISHWAS 2026, a six-month, one-time dispute resolution scheme to help employers settle pending damages and penalty cases under provident fund laws. The initiative offers substantially reduced penalty rates for eligible defaults before June 14, 2024, through a fully digital, transparent and time-bound process.
EPFO launches VISHWAS 2026 scheme: Six-month window offers relief in delayed PF dispute cases; check eligibility
EPFO 2026 scheme: The Employees' Provident Fund Organisation (EPFO) has introduced VISHWAS, 2026, a dispute resolution scheme. This initiative offers employers reduced damages for pending Employees' Provident Fund cases.
EPFO Amnesty 2026 Scheme for PF trusts: Eligibility, benefits, application process and key rules
The Employees' Provident Fund Organisation introduced a six-month Amnesty Scheme in 2026. This initiative allows employers to regularize their private provident fund trusts. Eligible establishments can either join the EPFO framework or continue as exempted trusts.
School Assembly News Headlines, July 17: Top National, International, Sports, Business & Education News
School Assembly News Headlines, July 17: Skyroot Aerospace plans its Vikram-1 rocket launch on July 18. India and the UK signed a trade agreement to reduce tariffs on goods. The ICC approved significant changes to ODI and T20 World Cup formats. EPFO credited annual interest to millions of member accounts early. New Zealand will ease student visa rules for international learners.
States' fiscal deficit likely to moderate to 3.4% of GSDP in FY27 as tax collections improve: ICICI Bank
States' fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax collections and an improvement in revenue receipts, according to an ICICI Bank report.
Exempted Trust under EPFO may regularise their status under Amnesty Scheme, 2026, says the retirement fund body
The Employees' Provident Fund Organisation has launched a new amnesty scheme for provident fund trusts. This one-time opportunity allows exempted trusts to regularise their status for six months. The scheme offers retrospective regularisation and waives certain compliance requirements. Pending assessments for dues and damages will be withdrawn under specific conditions. Eligible establishments can submit applications through their regional EPFO offices.
EPFO update: 10 key changes new centralised system brings to EPF, EPS subscribers
EPFO has centralized its member database for faster and smoother service delivery. Annual interest for FY 2025-2026 will be credited by July 15, 2026. Advance withdrawal auto-settlement limits have been raised to Rs 5 lakh. Automatic PF account transfers will occur upon job changes without separate forms. EPFO services are now accessible from any PF office across India.
Delhi world's cheapest for dates, buying properties among major cities; salary among lowest
New Delhi offers the world's cheapest date and broadband internet services. Property prices in Delhi remain relatively low compared to global markets. However, the city's salaries are among the lowest recorded globally. Everyday expenses have significantly decreased in dollar terms over the past decade. Delhi's quality of life rankings did not place it among the top cities.
EPFO claims may take longer for 2 weeks after major system upgrade; members asked to avoid repeated requests
The Employees Provident Fund Organisation has finished a major system upgrade and database consolidation. Some EPFO services are temporarily unavailable on the UMANG app due to this migration.
EPFO board to take up CITES on July 25: Meet to ratify key provisions; CBT to discuss automatic transfers, simplified withdrawals
The Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meeting will ratify crucial elements of the new centralised IT project. The CITES project aims to significantly enhance services for millions of subscribers. Simplified rules for partial withdrawals and automatic PF transfers are expected. Easier access to member information will also be a key benefit.
EPF interest credit by July 15, 2026: How to check if 8.25% interest has been credited to your PF account
Employees’ Provident Fund interest for FY 2025-26 will be credited by July 15, 2026. Subscribers will receive an 8.25% interest rate on their EPF contributions. This marks the third consecutive year the interest rate remains unchanged. EPFO members can check their balance through the UMANG app or SMS service. Interest accrues monthly, so delays do not cause subscriber losses.
IDFC First Bank launches EPFO payment services
IDFC First Bank has launched provident fund payment services through its EPFO integration. This integration allows establishments to initiate PF payments directly via the EPFO portal. Transactions can then be completed using IDFC FIRST Bank's digital banking platforms. Customers can now make provident fund payments quickly and securely. The bank served 38 million customers as of March 31, 2026.
PF interest for FY26 being credited; passbook balance to be updated by July 15
EPFO is processing annual interest for FY 2025-26, with balances updated by July 15. This faster credit cycle is enabled by the new CITES 2.01 digital platform. The government approved an 8.25% interest rate, impacting over 34 crore member accounts. EPFO has also simplified partial withdrawal rules and automated account transfers after job switches.
PM Kisan Yojana 24th instalment date: Prime Minister Kisan Samman Nidhi Yojana eligibility, status check, how to complete e-KYC
The Pradhan Mantri Kisan Samman Nidhi scheme offers farmers income support. Eligible farmers will likely receive the 24th installment in October 2026. Completing eKYC is mandatory for receiving these crucial scheme benefits.
Rs 1,800 EPF vs 12% of basic pay: Choosing Rs 1,800 monthly contribution can increase your in-hand salary, but is it worth?
Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay but lowers future savings. Investing saved amounts in equities may offer higher returns over time. A disciplined approach to investing is crucial for long-term financial success. The decision depends on individual financial goals and risk tolerance.
EPFO to transfer Rs 1.4 lakh cr in interest to 340 million members by July 15
The Employees' Provident Fund Organisation will auto-process 8.25% interest for FY26 by July 15. This credit will be applied to nearly 340 million members' accounts. A new CITES 2.01 member portal will also be launched simultaneously. The organization has also raised the auto-settlement limit for advance claims to ₹5 lakh. This new system aims to provide a unified view of member accounts and services.
EPF withdrawal rules explained: How many times can you withdraw PF for illness, marriage, education, home purchase and special circumstances?
Latest EPF withdrawal rules: EPFO subscribers can withdraw funds for specific needs like illness and education. Withdrawals for marriage and housing are permitted up to five times. Special circumstances allow advances twice annually under new guidelines.
SBI MF confident of IPO despite volatilities; aims to double foreign book in 3 years
SBI Funds Management is confident its Rs 11,600-crore IPO will succeed despite market volatilities. The asset manager aims to double its international book to USD 5 billion within three years. This revenue augmentation plan includes expanding global presence and staff. The company is also focusing on its alternatives business and potential acquisitions. Parent SBI contributes significantly to sales, particularly with safer hybrid schemes.
EPFO upgrades unified member portal: UAN activation, generation through portal discontinued; here's how you can do it now
The EPFO's unified member portal is now live after an upgrade, bringing a new look and significant changes. Key services like UAN activation and direct allotment have moved to the UMANG app, utilizing Aadhaar-based Face Authentication. While UAN retrieval is simplified on the portal, death claim filing remains accessible. This update aims for faster, more secure services for all users.
EPFO's New PF Rules Explained: Faster withdrawals, three-day settlement and other key changes
EPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within three days for withdrawals and 20 days for pension and insurance. Penalties for delays and a largely paperless system are introduced. Employees can now withdraw 75% of their PF balance upon job loss and access funds for illness, education, and marriage with reduced service requirements. Full withdrawals are also permitted earlier, offering greater financial flexibility.
Over 1.7 cr ITRs filed for AY 2026-27: I-T deptt
More than 1.7 crore income tax returns have been filed for the 2025-26 fiscal year. Over ten lakh returns were submitted on Friday alone by taxpayers. The deadline for filing ITRs 1 and 2 is July thirty-first. ITR Form 1 is for individuals with income up to fifty lakh rupees. ITR-2 is for individuals and HUFs with capital gains income.
EPFO portal still down after July 2 deadline: Here's the latest update on when services will resume for members and employers
EPFO's online services remain inaccessible beyond the scheduled maintenance, frustrating members and employers. A major technology upgrade for better claim processing is underway, but the portal outage continues. Meanwhile, a new EPF Scheme, 2026, has been rolled out, simplifying withdrawals and enhancing digital compliance, though it's not linked to the current system migration.
EPFO portal downtime extended for a day: When will EPF passbook, claims and UAN services be restored?
EPFO services, including online claim submissions and passbook downloads, will be unavailable until July 2 2026, due to a system migration. Members can check their EPF balance via a missed call if their UAN is linked with Aadhaar, PAN, and bank details.
Stocks in news: Adani Enterprises, Cochin Shipyard, IDFC First Bank, Premier Energies, Glenmark Pharma
Markets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard's offer for sale saw strong investor demand on its first day. Adani Enterprises' US legal case faces a likely dismissal by federal prosecutors. IDFC First Bank launched provident fund payment services through its EPFO integration. Premier Energies secured significant orders, and Glenmark Pharma launched a generic drug in the US.
EPFO's new social security rules tighten claim timelines, mandate digital compliance
New social security schemes under the Code on Social Security are now in effect, prioritizing digital compliance and faster claim settlements for provident fund, pension, and insurance. EPFO officials face a 12% annual penal interest for delays exceeding 20 days without valid reasons. Contribution structures remain unchanged, with a focus on enhancing online access for members and extending digital requirements to exempted establishments.
New EPFO rules mandate 3-day PF settlements, simplify withdrawals
Government revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal interest on officials for delays. Employees can now withdraw 75% of their PF balance immediately upon job loss. Withdrawal categories are simplified to three: illness, education, and marriage, with reduced service requirements.
Eps 95 pension latest news today 6 key changes higher pension, 20-day claim settlement, new withdrawal rules
The Employees' Pension Scheme, 2026, introduces significant changes for EPF members. Withdrawal benefits now require a 36-month waiting period after exit. Existing members will seamlessly continue their coverage under the new scheme.
EPF Scheme 2026: Will you get more than 8.25% interest on your PF contributions now? Check EPFO update
A new Employees' Provident Funds Scheme, 2026, has replaced the 1952 version under the Code on Social Security, 2020. The EPF interest rate remains at 8.25% for the financial year 2025-26. While digital services are formally incorporated, private PF trusts now face a cap on their declared interest rates, not exceeding the central government's rate by more than 2%.
EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?
EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital record corrections and improved user access. While these reforms promise greater convenience, longstanding issues such as data quality, employer dependence, pension complexities and grievance resolution remain challenges that will require sustained implementation efforts.
EPF vs VPF under new EPF Scheme 2026: Here's how employee and employer contributions will work
EPFO: The EPF 2026 Scheme largely retains existing EPF contribution rules, with both employees and employers continuing to contribute 12% of wages, subject to the statutory wage ceiling. It also preserves the VPF framework, allowing employees to make higher voluntary contributions without requiring employers to match them, while offering flexibility to discontinue them later.
EPFO services interrupted from June 26-30: Check full list of services unavailable for five days
EPFO services, including its member and employer portals and the UMANG app, will be temporarily unavailable from June 26th to June 30th due to a scheduled system migration. This upgrade aims to enhance service speed, reliability, and security.
EPF Scheme 2026 replaces EPF Scheme 1952: Have EPF interest rate, contribution and wage ceiling changed?
EPF Scheme 2026: The Employees' Provident Funds Scheme, 2026, has replaced the 1952 version, bringing the EPF under the new Social Security Code. While key benefits like contribution rates and UAN remain unchanged, the new framework emphasizes digital processes and introduces stricter governance for exempted trusts.