New Delhi, July 8 (IANS) The Employees’ Provident Fund Organisation (EPFO) has completed the process of migrating its entire database of member records to the new centralised national database, as part of the CITES Project (Centralised IT Enabled Services) initiative, to modernise the organisation’s service delivery to its members through automation and rule-based processing, it was announced on Wednesday.The project is designed to enhance convenience for members, improve EPFO operational effi…
Latest EPFO News & Updates
New Delhi, July 2 (IANS) The newly notified Employees’ Provident Fund (EPF) Scheme, 2026, introduced new provisions on partial withdrawals effective June 29.Under the revised scheme, members of the Employees’ Provident Fund Organisation must retain a minimum balance of 25 per cent of their eligible member balance in their EPF account before making any partial withdrawal. Any amount calculation for a minimum withdrawal will be done only after setting this balance aside.The minimum balance req…
New Delhi, June 25 (IANS) The Employees’ Provident Fund Organisation (EPFO) on Thursday announced that several of its online services, including claim submission and e-passbook facilities, will remain temporarily unavailable from this week due to a scheduled system migration exercise.In a post on X, the EPFO said services on the Member Portal, Employer Portal and the UMANG App will be unavailable between June 26 and June 29 as part of a planned system migration.The temporary suspension is part o…
New Delhi, June 10 (IANS) India’s general flexi staffing industry posted 7.9 per cent net headcount growth in FY26, a report said on Wednesday.According to an analysis by the flexi-staffing industry body, the Indian Staffing Federation (ISF), the sector added 1.18 lakh formal temporary and flexible workers in FY 2026, bringing the total formal flexi workforce to 1.91 million.The IT staffing returned to green with 10.1 per cent year‑on‑year new employment growth, the report said. “Despite…
New Delhi, May 30 (IANS) India is witnessing a transformative phase in labour governance and social security administration, Ramesh Krishnamurthi, Central Provident Fund Commissioner (CPFC), EPFO, said on Saturday, as the government aims to build future-ready professionals for India’s evolving labour governance and social security ecosystem.He observed that the Labour Codes, particularly the Code on Social Security, 2020, together with rapid digitisation, have increased the need for profession…
New Delhi, May 24 (IANS) The recent weakness in the Indian rupee may be driven less by rising oil prices or concerns around the current account deficit and more by relentless domestic equity inflows through systematic investment plans (SIPs), according to a report by Jefferies.In a note titled “INR Pressure – The Downside of SIPs,” the brokerage said sustained foreign selling in Indian equities, coupled with strong domestic liquidity, has become a major factor weighing on the rupee.Jefferi…
New Delhi, May 19 (IANS) The Employees’ Provident Fund Organisation (EPFO) has completed testing for a new facility that will allow subscribers to withdraw their provident fund savings directly into their bank accounts through the Unified Payments Interface (UPI), Union Labour Minister Mansukh Mandaviya said on Tuesday.Addressing reporters, Mandaviya said the move is part of a broader push by EPFO to improve service delivery and simplify access to provident fund savings for over seven crore me…
New Delhi, May 19 (IANS) The Employees’ Provident Fund Organisation (EPFO) has brought down consumer court cases by 46 per cent under a focused, mission-mode drive aimed at reducing litigation and ensuring faster resolution of pending cases across legal forums, it was announced on Tuesday.Moreover, EPFO launched a dedicated drive for disposal of cases pending before consumer courts under the “Nidhi Aapke Nikat (NAN)” programme, where cases were identified in advance and taken up for expedi…
New Delhi, May 13 (IANS) The government is working closely with states and industry stakeholders to ensure a smooth and technology-driven implementation of the new labour codes aimed at reducing compliance burden, improving worker welfare and enhancing India’s global competitiveness, Labour Secretary Vandana Gurnani said here on Wednesday.Addressing an event New Labour Codes: Implementation, Compliance to Competitive Advantage & Industry Readiness that was organised by ASSOCHAM on New Labo…
New Delhi, April 29 (IANS) In a major boost to ease of access and digital transformation, the Employees’ Provident Fund Organisation (EPFO) has recorded its highest-ever claim settlements in the financial year 2025–26.According to official data, EPFO settled 8.31 crore claims during 2025–26, a significant jump from 6.01 crore claims in FY 2024–25.A large portion of these — 5.51 crore claims — were advance or partial withdrawals, indicating improved accessibility for members to use thei…