[ad_1] The Employees’ Provident Fund Organisation (EPFO) is undergoing reforms. In the latest instance, the state-backed retirement fund manager has instructed its offices not to reject claims of subscribers just because of an overlap in their employment spans between employers. Dates of when a job is given up and the next taken could get mixed…
[ad_1] Employees Provident Fund Organisation (EPFO), the government’s social security schemes manager, has clarified that an overlap in service periods cannot be a ground to reject the transfer claims of employees. The body highlighted that overlapping service periods may occur due to genuine reasons, and hence, the transfer claims, which allow members to move their…
[ad_1] At this point Shenoy happened to find out about FinRight, a provident fund (PF) consulting startup founded by Mumbai-based Amey Kanekar, on LinkedIn. “I immediately reached out to them. It took them only three-four months to get it all sorted against a fee of â‚ą10,000-20,000,” he said. Ramya Lakshmanan has a similar story to…
[ad_1] The Employees Provident Fund Organisation (EPFO) introduced several reforms in 2025 to simplify and digitise the process. Here are the five most significant changes made by EPFO this year. Digitisation of the joint declaration process EPFO has digitised the joint declaration process from 16 January 2025 onwards. By linking the Universal Account Number (UAN)…
[ad_1] NEW DELHI : When we switch jobs, we are told to transfer our employee provident fund (EPF) to the new employer. This requires filling out Form 13. Some people ignore this, and in some cases, it doesn’t happen even after they apply for it. We have compiled five reasons why you must transfer your…
[ad_1] Employees provident fund (EPF) subscribers are entitled to withdraw their money after they quit their job. Typically, the money can be withdrawn two months after leaving the job. However, if someone is going abroad or an employee (female) quits her job to get married then the subscriber does not need to wait for two…
[ad_1] EPFO: Are you an EPF subscriber looking to check your account details with just a missed call? You can do that easily, but first, ensure your Universal Account Number (UAN) is linked to at least one of the following: your bank account, Aadhaar or PAN. In such a case, the subscriber only needs to…
[ad_1] While this flexibility is a great relief during critical times, it’s important to understand the rules, limits, tax implications, and the overall impact of such withdrawals on long-term financial security. EPF withdrawal for marriage and higher education To access EPF funds for marriage or higher education, the rules are quite strict. Sanjay Kesari, former…
[ad_1] The Central government’s Employees Provident Fund Organisation (EPFO) has decided to likely increase the auto settlement of the advanced claim (ASAC) limit to â‚ą5 lakh, compared to its current levels of â‚ą1 lakh, reported the news agency ANI, citing people aware of the development on Monday, March 31. Sumita Dawra, Secretary of the Ministry…
[ad_1] Long queues, time-consuming documentation, rejections in requests, and constant delays, these are typically the images that come to mind when one considers taking advantage of your Employees’ Provident Fund (EPFO) corpus in India. All of this could be a thing of the past soon. Union Labour Minister Mansukh Mandaviya made the announcement of the…
