The Employees’ Provident Fund Organisation (EPFO) has confirmed that subscribers will continue to earn an interest rate of 8.25 percent on their Provident Fund (PF) balances for the 2025-26 fiscal year. While this announcement provides stability for millions of Indian workers, questions regarding the exact timing of interest credit cycles and the potential for financial…
Expanding Digital Accessibility for PF Subscribers The Employees’ Provident Fund Organisation (EPFO) is preparing to launch a new WhatsApp-based service integration for its millions of subscribers across India, aiming to simplify access to account management tools. This initiative will allow users to check their Provident Fund (PF) balances, download passbooks, track claim statuses, and update…
Millions of Employees’ Provident Fund (EPF) subscribers across India are currently verifying their account statements as the Employees’ Provident Fund Organisation (EPFO) processes interest credits for the 2026 fiscal period. With the shift toward digital-first governance, subscribers can now confirm their updated balances remotely through four primary channels: the official EPFO portal, SMS services, missed…
The Employees’ Provident Fund Organisation (EPFO) is set to revolutionize retirement savings access by introducing a Unified Payments Interface (UPI) integration for fund withdrawals, according to recent government announcements. This initiative, which has successfully completed its testing phase, will allow over seven crore members to bypass traditional, time-consuming banking channels and transfer Provident Fund (PF)…
Staffing giant TeamLease Services has received a formal notice from the Employees’ Provident Fund Organisation (EPFO) demanding Rs 184 crore, citing allegations of financial irregularities, including the misappropriation of reserves and reported losses. The notice, issued earlier this week, marks a significant escalation in regulatory scrutiny over the company’s handling of employee provident fund contributions…
The Employees’ Provident Fund Organisation (EPFO) announced this week that it will launch the E-PRAAPTI portal, a digital initiative designed to streamline the recovery of inoperative accounts. This development follows a record-breaking fiscal year 2026, during which the organization processed unprecedented levels of member settlements, highlighting the urgent need for modernized administrative infrastructure. Context of…