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.
Higher EPS pension: Pensioners seek PM Modi’s intervention over EPFO's stance on higher pension cases
EPS pension: In a recent letter to Prime Minister Modi, the National Confederation of Pensioner Associations highlighted critical issues within the Employees' Pension Scheme. They contest the ongoing discriminatory practices by the Employees' Provident Fund Organisation regarding higher pension claims. The pensioners argue that the internal regulations should not be allowed to supersede existing parliamentary legislation.
EPS pension benefit: Basic salary up to Rs 25,000 but no employer EPS contribution? Here’s where to complain
Employees participating in the Employees’ Pension Scheme (EPS) should verify that their employers are making necessary contributions. Should an employer neglect these payments, employees are advised to first reach out to their Human Resource department. If the issue persists, complaints can be filed via the EPFiGMS portal, enabling users to track their complaint's progress.
EPS pension: Basic pay above Rs 25,000? Why you may not qualify for EPS membership
The Employees' Provident Fund Organisation has introduced updated guidelines concerning EPS membership for workers. Employers are obligated to verify the wages and prior EPS membership status of new hires. Employees earning Rs 25,000 or less must be enrolled in EPS, while others have distinct criteria. Accurate deductions are vital for employers to avert complications in upcoming claims.
EPFO ceiling must rise with time
The EPFO has raised the mandatory coverage limit from ₹15,000 to ₹25,000, bolstering social security for organized sector employees. Worker advocacy groups had long pushed for this increase, highlighting that the last adjustment occurred in 2014. The updated ceiling now aligns with the average private sector salary, marking a critical improvement.
How EPFO wage ceiling reset will change PF contribution math
The Employees' Provident Fund Organisation has changed the mandatory wage ceiling from Rs 15,000 to Rs 25,000 as of September 17. This shift is expected to enroll one crore more workers into the social security net. Employees earning up to Rs 25,000 will now have a mandatory PF contribution of Rs 3,917.
Higher EPF wage ceiling expands social security for millions; but EPS legacy issues need to be fixed
The recent adjustment to the Employees' Provident Fund wage ceiling significantly widens eligibility for benefits, raising the contribution limit from Rs. 15,000 to Rs. 25,000. This revision aims to enhance social security, but it might pose complexities for pension contributions. Employees should verify the accuracy of their EPS records to prevent issues, as the swift rollout of the new ceiling could lead to unforeseen challenges.
‘Increase maximum EDLI benefit to Rs 10.50 lakh’: Why this BJP MP wants government to take immediate action
In a bid for better financial security, BJP MP Ajit Gopchade has urged Prime Minister Narendra Modi to enhance the Employees' Deposit Linked Insurance (EDLI) coverage. Citing the recent increase in the EPF wage ceiling from Rs 15,000 to Rs 25,000 as a pivotal reason, Gopchade proposes that the minimum cover be elevated to Rs 10.50 lakh.
New bounce in EPFO trampoline: How the wage ceiling revision will change things
Social security, like a trampoline, not only catches you but also enables you to bounce back. The system's core is to provide workers with a fund to draw from in times of emergency or at retirement, so that a temporary crisis doesn't become a lifelong hardship and trap them in debt.
EPF wage ceiling hike: How it impacts employee & employer's contributions to EPF, EPS and take-home pay
While the higher ceiling does have an impact on immediate net cash take-home of the employee due to increased contribution, it will certainly support building of future corpus for retirement and higher pension by way of contribution to the provident fund and pension scheme.
EPS pension eligibility: Is EPS membership mandatory for you if your wages are Rs 25,000+? Check status
The government has raised the wage limit for the Employees' Provident Fund from Rs 15,000 to Rs 25,000 monthly. This adjustment mandates that employees earning under Rs 25,000 join the EPF and EPS schemes. Existing EPS members above this wage threshold will maintain their status, while new entrants won’t be obliged to enroll. This reform seeks to enhance social security benefits for workers and their families.
EPFO fund withdrawal rules for illness: How much EPF can you withdraw for medical treatment?
Eligible Employees' Provident Fund Organisation (EPFO) members can withdraw up to 75% of their EPF balance for illness-related expenses after completing 12 months of EPF membership.
EPF vs EPS vs EDLI: Earning Rs 10,000–Rs 35,000? Government reveals employee & employer’s monthly contributions from October 2026
The Ministry of Labour and Employment raised the Employees’ Provident Fund wage ceiling from Rs 15,000 to Rs 25,000. This change will enforce social security coverage for many organized sector employees in India.
Don't cut salaries: Ministry sends a missive to companies after new ₹25,000 EPF wage ceiling
The Labour and Employment Ministry has instructed employers to maintain employees' statutory wages after raising the EPFO ceiling. Workers earning between ₹15,000 and ₹25,000 are now mandatorily covered under the Employees' Pension Scheme. Employers are encouraged to view their contributions as part of good human resource practices. The government offers financial incentives for new employment to mitigate increased costs.
EPF wage ceiling raised to Rs 25,000: When will higher EPF deductions appear in your salary slip?
Starting September 2026, a major shift in the EPFO wage ceiling will raise the limit from Rs 15,000 to Rs 25,000 monthly. This increase will have different effects on various employees, especially those accustomed to the old ceiling as their deductions will change. Employers could face delays in updating their payroll systems, causing possible arrears and necessary adjustments for workers as they adapt to the new regulations.
AITUC calls for periodic revision of wage ceiling under EPFO
A day after the government announced a revision in wage ceiling under the Employees’ Provident Fund Organisation (EPFO) to Rs 25,000 per month from Rs 15,000, the All India Trade Union Congress (AITUC) AITUC demanding the wage ceiling to be fixed at Rs 30,000 per month to keep pace with increase in workers’ earnings.
EPFO wage ceiling hike may cover up to 1 crore more workers: Union Minister Mansukh Mandaviya
The EPFO wage ceiling has been increased to Rs 25,000 per month. This change is expected to bring between fifty lakh and one crore new beneficiaries. Mandatory social security coverage will now extend to more employees. Employers and employees will see adjusted contribution amounts for this salary bracket. The revised wage ceiling will be implemented from Thursday, September 17.
EPF withdrawal for buying, constructing and repairing house: How much amount can you withdraw from your EPF corpus? check eligibility and rules
Earlier in October 2025, 13 types of partial withdrawal provisions were merged into one unified and simplified framework. Prior to the simplification of norms, an EPF member was allowed to withdraw only the employee contribution and interest ranging from 50-100%.
EPF wage ceiling: SC says plea needs no further hearing as Cabinet raises limit to Rs 25,000
A plea concerning the Employees Provident Fund wage ceiling was dismissed by the Supreme Court. The Cabinet's recent decision to raise this ceiling to Rs 25,000 monthly is set to bolster savings and pension safeguards for an additional workforce. This change is projected to positively impact over fifty lakh employees, with the effective date slated for September seventeenth.
Cabinet raises EPFO wage ceiling to Rs 25,000 from Rs 15,000
The government has increased the provident fund wage ceiling to Rs 25,000 monthly. This significant move aims to expand social security coverage for many employees. The administration will allocate approximately Rs 11,339 crore annually for this initiative. Broader coverage will offer employees greater financial stability and aid retention. Union minister Ashwini Vaishnaw announced this decision at a Cabinet briefing.
EPFO launches WhatsApp channel for PF updates: How to join official channel and what information you can get
The Employees Provident Fund Organisation has introduced a dedicated WhatsApp channel for its members. This innovative service delivers crucial updates and pertinent information straight to users' devices. Members can explore educational resources on different EPF topics via this channel.
Higher EPS pension: Ruling party MP urges PM Modi to ensure uniform, time-bound implementation
BJP Rajya Sabha MP Ajeet Madhavrao Gopchade has urged Prime Minister Narendra Modi to intervene in pending higher EPS pension issues. He highlighted procedural hurdles under Para 26(6), continuing litigation, pending Parliamentary Assurance No. 271/72, financial sustainability concerns and differing pension treatment among trust employees. He sought uniform implementation, faster disposal of eligible claims and a comprehensive review of EPS-1995.
Lesson from HDFC Bank controversy: Boards of companies should not conduct business in haste
Directors are custodians of various interests - shareholders, customers, the state, regulators, industry, employees.... They often encounter executive managers who are overenthusiastic and capable of using shortcuts to enhance value. Deal with them according to rules and law, and don't let personal beliefs dictate actions.
Retiring at 50, 58 or 60: How much EPS pension do you lose by retiring early?
EPS pension calculator: Employees’ Pension Scheme members can retire early from age fifty. Deferred retirement allows for increased pension amounts after age fifty-eight. An employee with twenty-five years of service and a pensionable salary of twenty-five thousand rupees receives a pension. Early retirement at age fifty reduces the monthly pension significantly. Deferring retirement by two years increases the monthly pension amount.
EPFO wage ceiling raised to Rs 25000 per month; over 10 million formal sector workers to benefit
The enhanced wage ceiling, approved by the Cabinet on Wednesday, will put additional financial burden on employees and the government while the employees may see a dip in take home salary. As per government estimates, the average additional outgo for employers will be Rs 600 per worker per month under the enhanced wage ceiling, which comes into effect from Thursday. The annual government outgo is estimated at about Rs 11,339 crore.
EPFO told to pay 6% interest on Rs 14 lakh PF claim after 35-day delay: What consumer commission said
The Mumbai consumer commission ruled against the EPFO, citing service deficiency linked to inadequate communication regarding a joint declaration application. Consequently, the commission mandated EPFO to pay six percent interest on the delayed EPF claim, which was filed by the complainant back in October 2016. EPFO has been instructed to fulfill this directive within a strict timeframe of forty-five days.
EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the government
In a significant move, the government has lifted the provident fund wage ceiling to Rs 25,000 monthly, bringing over 51 lakh new employees into the fold of social security. This adjustment is projected to cost the Centre Rs 11,339 crore annually. As a result, more individuals will benefit from mandatory coverage, but employers should prepare for an increase in obligatory contributions once the changes take effect.
How employees contributing to EPF on actual wage basis can be impacted due to hike in EPF wage ceiling limit
As of September 17, 2026, the EPF wage ceiling is set to increase from Rs 15,000 to Rs 25,000. This adjustment does not affect employees whose earnings exceed Rs 25,000. Those earning between Rs 15,000 and Rs 25,000 will experience negligible changes to their contributions. Notably, EPS contributions will rise for employees hired prior to September 2014. Employers are responsible for managing increased contributions while keeping their salary structures intact.
ETMarkets Smart Talk| STT, GST, brokerage, UPI charges: Varun Saboo on the hidden cost of frequent trading
In this episode of ETMarkets Smart Talk, Varun Saboo, Head – Equities at Anand Rathi Share and Stock Brokers, breaks down the hidden cost of frequent trading, explains why the impact differs sharply between long-term investors and active traders, and shares what investors should keep in mind when evaluating returns after transaction costs.
Retiring soon? How much higher EPS pension will you get after the wage ceiling hike
The Employees Provident Fund wage ceiling has risen to Rs 25,000. This change will affect Employees Pension Scheme members' monthly pension amounts. Employees with longer service periods will see greater pension increases. Pension calculations depend on average salary and years of pensionable service. The new ceiling allows more employees to join the EPS scheme.
Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?
The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linked Insurance coverage amount. Nominees could receive a maximum assured sum of Rs 10.50 lakh or more. The revised ceiling aligns social security thresholds with current wage levels. Employers should await formal notification for detailed implementation provisions.
EAC-PM member Sanjeev Sanyal suggests ending population control policies amid falling fertility
India should end population control policies as fertility rates have sharply dropped. A government advisor suggests realigning family planning with demographic changes. Incentives for sterilizations and two-child norms should be repealed immediately. Fertility reduction language must be removed from all policy frameworks. Family planning for health and personal choice remains important.
EPF advance rules: You can withdraw EPF money for these 5 reasons; check limits
Members of the Employees Provident Fund Organisation can access their savings in times of need, such as emergencies and personal circumstances. Illness-related withdrawals have no limits, while education expenses allow for up to ten claims. For marriage and housing, members may withdraw funds up to five times each during their membership.
67% rise in EPS pension for these employees as wage ceiling hike to Rs 25,000 gets cabinet’s approval
The central government has raised the provident fund wage ceiling to Rs 25,000 monthly, which will enhance social security coverage for many organised sector employees. Those earning this amount in basic pay and dearness allowance will now be included in the Employee Provident Fund and Employee Pension Scheme. This adjustment aims to broaden the reach of social security benefits, thus supporting a larger workforce in their retirement planning.
Did you change your EPF nomination after marriage? Time to act is now, as it becomes invalid if you don’t
Did you realize that getting married may nullify your EPF nomination? This frequent oversight can lead to significant issues for your family. It’s essential to update your EPF nomination following marriage. Uncover who you can name as a nominee and how to ensure your family can receive their benefits effortlessly when they need them most.
EPF wage ceiling hike: Lesser take home salary for these employees; know how you will be impacted
In a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh workers to the social security umbrella. With this change, both employee and employer contributions will go up from Rs 1800 to Rs 3000, potentially cutting monthly take-home pay by Rs 1200.
Karnataka HC quashes Rs 482-crore penalty on ACC, directs govt to execute mining lease
The standoff escalated in 2025 when the department issued a revised royalty demand of Rs 367.51 crore (after adjusting Rs 125 crore already deposited by the firm), followed by a separate penalty notice of Rs 482.70 crore under the Mines and Minerals (Development and Regulation) Act.
Bharatiya Mazdoor Sangh seeks doubling of EPF wage ceiling as wages rise
The Bharatiya Mazdoor Sangh seeks to double the wage ceiling for mandatory Employees' Provident Fund coverage. This trade union also wants increased eligibility for Employees' State Insurance and statutory bonus. The existing thresholds have not kept pace with rising wages and changing employment conditions. The union organized a nationwide agitation and submitted a memorandum to the Prime Minister. Assurances have been received, but a concrete policy decision remains pending.
India’s B-schools slip on intense global competition
IIM Bangalore, India’s highest-ranked MBA programme for the fourth consecutive year, fell to 64th from 52nd globally. IIM Ahmedabad dropped to 70th from 58th, while IIM Calcutta saw the sharpest decline among the three, falling to 95th from 64th.
₹25,000 EPF wage ceiling: What employees need to know about EPF, EPS and EDLI
The Employees Provident Fund Organisation has introduced a new wage ceiling of Rs 25,000, which will directly influence the contributions made by both employees and employers to the provident fund. Furthermore, subscribers of the Employees Pension Scheme can expect an increase in their monthly pension benefits.
Are you eligible for Rs 12,500 pension under EPS scheme after the wage ceiling hike? Know what your new pension will be
The Employees' Provident Fund wage ceiling has increased to Rs 25,000. This change will enable employees to receive higher retirement benefits and monthly pensions. Pension calculations now consider a higher pensionable salary and increased service years. Employees must contribute for five years at the new ceiling for maximum benefit. Eligibility for the Employees' Pension Scheme has also expanded for certain employees.
Will your in-hand salary decrease after wage ceiling hike? Know why employers can't recover higher EPF contribution from these employees
The EPF wage ceiling limit has been increased to Rs 25,000 with effect from September 17, 2026. However, this does not mean that every employee will experience a lower take home pay. This is dependent on many factors like how much EPF contribution has been now, and others. Read the article.
Ganesh Chaturthi bank holiday: Are banks open or closed in your state today? Check state-wise holiday list
Bank holiday today: Today marks the closure of banks including SBI, HDFC Bank, ICICI Bank, PNB among others in various Indian states in observance of Ganesh Chaturthi. Check statewise holiday in the calender given below to avoid any inconvenience.
EPFO: Check EPF balance; download passbook, activate UAN & more; 5 EPF services available on Umang app
The EPFO has now made it possible for users to generate and activate their UAN directly via the UMANG app. This innovative approach incorporates Aadhaar-based facial recognition, streamlining access to essential EPFO services. After activating their UAN, employees can easily check their EPF balance and download passbooks.
How to get Rs 3 lakh/month from my Rs 2 crore EPF corpus?
ET Wealth Reader's Query: I retired at 53 and have Rs 2 crore in my EPF account. I understand that I can continue to earn interest on the balance for up to three years even without fresh contributions. What are the tax rules for this? My monthly expenses are Rs 3 lakh. I want to optimise returns and get steady income.
EPFO services you can still avail on its portal: Tracking application status, filing death claim, UAN allotment and more
The Employees' Provident Fund Organisation has revamped its services for members, allowing UAN activation solely through the UMANG app, utilizing advanced face authentication. While members can track pension applications and file death claims via the EPFO portal, UAN allotment and retrieval services continue to be accessible on the EPFO website.
Safebox raises $1.11 million seed round to build India’sfamily wealth protection category
Safebox has successfully secured $1.11 million in seed funding to revolutionize wealth management for Indian families. By focusing on consolidating and protecting diverse financial assets, Safebox tackles the prevalent issue of unclaimed wealth stemming from poor record-keeping. This funding will bolster product capabilities and expedite distribution, ultimately creating a new paradigm in Family Wealth Protection across India.
Will you get EPF interest till 58 years of age if you leave job at 40? EPFO explains
Even if you've left your job, your EPF interest keeps accumulating until you turn 58. However, if you don’t contribute for three years, your account will be inactive. It’s usually a smart move to transfer your EPF balance to your new employer. Additionally, the VISHWAS, 2026 scheme provides businesses with a one-time settlement option to ease long-standing disputes and reduce penalties.
Employee showed Rs 9.6 lakh EPF interest in ITR by mistake, got income tax notice: He fought and got full relief in ITAT Mumbai
Income Tax Dept sent tax notice for Rs 9.6 lakh EPF interest which employee never received but erroneously shown in ITR as received; he fights and wins case in ITAT Mumbai. This judgement was delivered by Challa Nagendra Prasad, the Judicial Member, and Makarand Vasant Mahadeokar, the Accountant Member of ITAT Mumbai.
EPF scheme launches EEC 2026: If you missed EPF enrolment, find out whether you can enrol before the October 31 deadline
Salaried employees who want to opt for EPF scheme but could not due to issue with employer can now do so by October 31, 2026 if these conditions are satisfied. Read the article to know more.
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.
EPF vs NPS: Rs 10,000/monthly investment in each; where you may get a higher retirement corpus?
The National Pension System (NPS) and the Employee Provident Fund (EPF) both serve unique purposes for retirement planning. The ultimate financial growth from these investments significantly relies on future market performance, allowing both options to potentially build substantial wealth over time.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
