This is a major change for EPFO members, as the organization introduces this lunation for the benefit of millions. EPFO’s change now allows members to correct personal details without submitting any supporting documents. This easy process means changing details like name spelling, date of birth, gender, marital status, and dates of employment in a few … Read more
Millions of employees and pensioners across India will receive a massive sigh of relief with the Employees’ Provident Fund Organisation’s (EPFO) amazing upgrade of the IT system. Guided by the Union Ministry of Labour and Employment, the new system will now be able to automate claim settlement, facilitate balance checks, and ensure timely disbursement of … Read more
More than 7 crore Employees’ Provident Fund (EPF) account holders will experience immense relief due to the two key reforms mandated by the Employees’ Provident Fund Organization (EPFO). These amendments will ensure faster, easier, and much less stressful payment settlements for the working class throughout the country. No More Uploading of Cheques or Passbooks Yes, … Read more
This is a significant change in the EPF withdrawal process that has been brought forward by the Ministry of Labour and Employment. It offers simplicity and speed in plans for settlement by employees. In a press release on Thursday, the provisions announced take away the requirement of submitting a cancelled cheque or the bank passbook … Read more
It is not merely a financial goal; retirement planning is a requirement for a future free of worry and secure. Early starters could make huge combinations, whether on small pay or high wages. One of the most reliable methods that has put dividends in building up a retirement corpus is under the Employees’ Provident Fund … Read more