The Employees’ Provident Fund Organisation (EPFO) has processed 98.5% of the total 15.24 lakh applications received for pension on higher wages, according to the government.
Indian professionals working in the UK can now save up to Rs 30–40 lakh over three years, thanks to the newly signed Double Contribution Convention (DCC) under the India-UK FTA. The agreement exempts them from paying into Britain’s National Insurance system, redirecting contributions to India’s EPFO. Around 75,000 expats and 900 employers are expected to benefit from this game-changing move.
EPFO enrolled 9.42 lakh new subscribers, an 11.04% rise over April 2025, signalling expanding employment opportunities and heightened awareness of social security benefits.
The Employees’ Provident Fund Organisation (EPFO) has eased rules, now allowing fund withdrawals after just three years for home purchases—a significant shift set to boost housing demand and liquidity in the market.
Received 2 million grievances from stakeholders in FY25
EPFO is now facilitating online PF transfers, streamlining the process for employees changing jobs, thereby ensuring continuous growth of retirement savings and maintaining service continuity for pension eligibility.
Remaining accounts to get interest credit this week
Think your EPF is locked away until retirement? Think again. From medical expenses to home loans and weddings, the EPFO allows partial withdrawals under specific rules. Knowing how much you can claim—and when—can help you handle life’s big costs without draining your savings.
The GPF and EPF are two major retirement savings schemes in India, each catering to distinct sectors. The GPF is exclusive to central and state government employees who joined service before 2004, while the EPF is mandatory for employees in the organised private sector.
EPFO to monitor workers under the scheme for benefits
The Union Cabinet has approved the ₹1 lakh crore Employment-Linked Incentive (ELI) scheme, targeting the creation of over 3.5 crore jobs with a strong emphasis on boosting the manufacturing sector. The ambitious initiative offers incentives for both first-time employees and employers, aiming to stimulate employment across diverse industries and strengthen India’s economic growth.