The Employees’ Provident Fund Organisation (EPFO) has introduced several updates this year that could affect how salaried employees access their PF money, transfer accounts after changing jobs and use other EPF-related services.
Some of these updates are already in effect, while others are part of the retirement fund body’s broader push towards a more digital and streamlined system. Here are five important EPFO developments from this year that salaried employees must know of.
Auto-settlement benefit to be extended
EPFO plans to extend its auto-settlement process to include final PF withdrawal claims, a top official at the retirement body told PTI earlier.
“We are also going to initiate, as far as feasible, auto-settlement for now…which was (available) only for advances. Now we are going in for auto-settlement of final withdrawals,” Ramesh Krishnamurthi, Central Provident Fund Commissioner, EPFO, said at an industry event in May.
As of now, only advance PF claims of up to ₹5 lakh are processed through the auto-settlement mode. However, the social security organization is now looking to extend the same system to final withdrawals as well, making the process quicker and hassle-free for members.
UAN activation shifted to Umang app
New or existing EPFO members will no longer be able to activate or generate their Universal Account Number (UAN) through the unified member portal, as both services have been moved to the Umang app, which now requires Aadhaar-based Face Authentication (FAT).
The overhaul follows a major database consolidation and software upgrade that, according to EPFO, aims to make its online services faster and more reliable.
PF transfer process becomes automatic
EPFO has made it easier for employees to transfer their PF balance after they switch employers. The entire process is expected to become automatic for Aadhaar-linked and KYC-compliant UAN holders, as per EPFO’s website.
The introduction of this provision is significant as it eliminates the need to submit separate transfer applications, thus reducing paperwork and additional hassle. Previously, the transfer of PF accounts required approvals from the previous employer, the new employer and the EPFO office.
Faster EPF and EPS claim settlement
The retirement fund body expects most fresh PF withdrawal claims filed by members to be settled on the same day or within a maximum of two days, Krishnamurthi said in an industry summit held last month.
EPS 2026 also sets a strict 20-day timeline for processing eligible pension claims. If EPFO fails to settle a claim within this period without a valid documented reason, the delayed amount will attract 12% annual interest, which can be recovered from the responsible commissioner.
UPI and ATM-based PF withdrawal
Provident fund claim settlement through the BHIM app is expected to be introduced soon, allowing claims to be credited directly to members’ UPI-linked bank accounts.
The framework is expected to be rolled out within about a month, Krishnamurthi announced in July, along with the faster EPF settlement target. This means the facility may be introduced this month, though no further clarity or update on this development has been announced yet.
“As our Minister has said, the claim settlement process we will be introducing through the BHIM app and the claim will be settled through the UPI-linked bank account. So this framework will also get implemented in maybe a maximum of a month,” he said during the summit.
The Employees’ Provident Fund Organisation (EPFO) has urged its members to remain vigilant and focused when accessing provident fund-related services online, and to exercise caution against fake links, messages or emails that could put their personal information at risk.
In a post on X on 9 August, EPFO said, “Think Before You Click! EPFO urges all members to stay vigilant online. Avoid fake links, verify URLs and protect your personal information at all times. #EPFOWithYou #HumHainNa #EPFO #ईपीएफओ”
EPFO’s warning comes at a time when digital adoption is gaining momentum, and members are increasingly using online platforms to access various PF services.
Fraudsters can use several tricks to deceive unsuspecting individuals by creating fake websites and links that resemble official platforms, leading users to share sensitive information.
Members should therefore carefully check the web address and other details before clicking on a link or entering any personal or account-related details. Any links received via unknown messages, emails or other unverified sources should be treated with caution, particularly if they ask users to provide sensitive information or personal details, such as ATM PINs, OTPs, etc.
Checking the website’s authenticity and creditworthiness before proceeding can help members avoid falling victim to phishing attempts and other forms of online fraud.
6 guidelines all EPFO members must follow
Visit only the official EPFO website. Never click on random official website links online or sent to you via text or email.
Never click on any unverified web links shared via SMS, social media or email.
Do not provide your original UAN, PPO, password, Aadhaar, PAN, bank details or OTP on any website other than the official EPFO website.
Verify URLs carefully before you log in, especially noting spelling variations or unusual domain names.
Report suspicious websites, messages or phishing attempts to EPFO’s official helpline desk or cybersecurity reporting channels.
EPFO never asks for OTPs, personal information or login credentials via phone calls, SMS, WhatsApp, social media or email.
Protect personal details
EPFO has stressed the importance of protecting personal information while using its digital services. Members should avoid sharing sensitive details on websites or platforms whose authenticity has not been verified.
Users should also remain cautious about unsolicited communications that seek personal or account-related information. Instead of relying on links received through messages or emails, members should independently verify the official EPFO website before accessing services.
With provident fund-related services being accessed digitally, basic online precautions have become increasingly important. Verifying URLs, avoiding suspicious links and protecting personal information can help EPFO members reduce their exposure to cyber fraud.
The Ministry of Finance has increased its approved wage ceiling for mandatory retirement fund coverage to ₹25,000 per month, from the current ₹15,000 limit, according to a Moneycontrol report citing sources.
The source added that this limit has stayed unchanged since it was last revised in September 2014 — almost 12 years back. They added that the new limit aims to expand the Employee Provident Fund Organisation’s PF and pension coverage to more salaried workers, as per the report.
Date of implementation will be decided once the Union Cabinet approves the decision, it added.
Taxconcept could not independently verify the report and official confirmation on the same is still awaited.
What is the proposed wage ceiling hike?
At present, employees earning up to ₹15,000 of basic pay per month are covered under the employees’ provident fund (EPF) and employees’ pension scheme (EPS). If implemented, raising this limit to ₹25,000 would bring more companies under compliance norms.
According to the government source, the initial proposal was for ₹30,000, which has been finalised at ₹25,000 to be put before the Cabinet for approval, the MC report added.
What could change for employees, employers, govt?
EPF and EPS enrolment for employees with up to ₹15,000 basic pay is compulsory in companies with at least 20 or more total staff. However, those earnings more can opt out of the schemes.
With the cap being hiked, more employees, earning up to ₹25,000 will now be brought under compliance — expanding social security coverage for private sector workers, the report noted.
For employers on the other hand, payroll costs are set to increase, as they will be mandated to contribute to more employees’ PF accounts. They contribute 8.33% of basic pay per employee.
The government is also set to see its contribution increase — it is mandated to contribute 1.16 percent of basic pay toward the pension fund. For FY27, EPS has received Budget allocation of over ₹11,000 crore.
Expectations are that once the Cabinet clears the proposal, implementation could come as soon as the next financial year, i.e. 1 April 2027.
Notably, under the EPF Scheme 2026, mandatory PF contribution is linked to the statutory wage ceiling of ₹15,000 per month. Thus, calculating for 12% of ₹15,000, your employer is mandated to contribute minimum of ₹1,800 per month towards EPF. Contribution above this amount can be done but is voluntary.
The Government of India confirmed that beneficiaries of the Employees’ Pension Scheme (EPS) 1995 and the Employees’ Family Pension Scheme (EFPS) 1971 will continue receiving their pensions under the new EPS 2026. This new scheme ensures the protection of existing benefits while introducing digital disbursement and modernizing pension administration.
EPS 2026: EPS 1995 and EFPS 1971 beneficiaries will keep receiving pension under new scheme
All pensioners receiving benefits under the Employees’ Pension Scheme (EPS) 1995 and the Employees’ Family Pension Scheme (EFPS) 1971 will continue to receive their pension and associated benefits under the newly notified Employees’ Pension Scheme (EPS) 2026, the Government of India has clarified.
This clarification resolves speculation about how the newly notified EPS 2026 will be implemented and what changes it will bring.When government issued clarificationIn a written reply in the Lok Sabha on 27 May, Minister of State for Labour and Employment Shobha Karandlaje explained that the new EPS 2026 protects all accrued pension rights of existing beneficiaries while replacing the earlier EFPS 1971 and EPS 1995 schemes.
This clarification is important for pensioners and associated stakeholders, and it brings much-needed relief regarding whether their benefits will continue under the newly introduced framework. It will also go a long way toward helping individuals with proper retirement and pension planning.Existing pension benefits remain protectedReplying to a question raised by MP Sudheer Gupta, Minister Karandlaje said the EPS 2026 continues the existing pension fund and also focuses on safeguarding the benefits earned under the previous schemes.
According to the minister, the new scheme also introduces electronic and digital modes of pension disbursement through approved agencies while aligning the pension framework with the Code on Social Security, 2020. It is also important to keep in mind that the scheme came into force on 29 June 2026.What remains unchanged under EPS 2026The new scheme focuses on modernizing and improving pension administration. Several core provisions remain unchanged, including the pension calculation formula, the minimum pension and the contribution rates.
Monthly pension, even under the new scheme, will be calculated using the following formula:
Pensionable salary will continue to be the average monthly salary drawn during the last 60 months before exiting the pension fund.
Key features of EPS 2026
Feature
EPS 2026 provision
Existing EPS 1995 and EFPS 1971 benefits
Continue automatically
Effective date
June 29, 2026
Pension formula
No change
Contribution rates
No change
Pensionable salary
Average salary of the last 60 months
New feature
Digital pension disbursement through approved agencies
Note: This table highlights key provisions of EPS 2026. For complete details, refer to the official EPS 2026 notification.
Apart from ensuring continuity of pension benefits, EPS 2026 also introduces several other administrative improvements, including faster digital processing of pension claims and a more seamless framework for pension disbursement, without impacting the pension entitlements of existing beneficiaries.
Understanding Salary Deductions: A Conversation Between Employee and Manager
In the world of employment, misunderstandings about salary can often arise. Here’s a dialogue that illustrates a common scenario:
Employee: “I received my salary today, and I was expecting approximately Rs 75,000 after PF deductions. However, I only received Rs 69,000.”
Manager: “Keep in mind that you took two unapproved leaves this month.”
Employee: “I informed you both mornings about my situation; they were emergencies.”
Manager: “Please remember that it’s essential to inform us at least two weeks in advance for any leave requests.”
Employee: “How can I possibly apply two weeks in advance for an emergency situation?”
Manager: “We had emergencies too. This is not negotiable. Please discuss this matter with HR.”
Key Takeaways
Salary Expectations: It’s crucial for employees to have a clear understanding of their salary, including deductions.
Leave Policies: Familiarity with the company’s leave policies is important to avoid misunderstandings regarding salary deductions.
Communication is Key: Maintaining open lines of communication between employees and management can help alleviate potential conflicts or confusion.
By understanding the dynamics in conversations like these, both employees and managers can foster a more transparent and effective workplace environment.
The Employees’ Provident Fund Organisation (EPFO) has launched VISHWAS, 2026 to facilitate amicable settlement of disputes relating to levy of damages and penalty-related disputes. The Labour and Employment Ministry said that the scheme is a one-time dispute resolution and it provides employers with an opportunity to settle eligible cases through a transparent, fully digital and time-bound process. It will remain operational for a period of six months from the date of notification. The Ministry said that it has been introduced with the objective of promoting voluntary compliance, reducing litigation, and enabling speedy resolution of long-pending disputes relating to penalty and damages while safeguarding the interests of employees.
Under VISHWAS, 2026, damages and penalty for defaults pertaining to the period prior to 14th of June 2024 shall be recalculated at substantially reduced rates. The revised rates will be 0.25 per cent per month for defaults of up to two months, 0.50 per cent for defaults exceeding two months and one per cent per month for defaults exceeding four months. It contains detailed provisions regarding adjustment of amounts already paid towards damages or penalty, regulation of statutory pre-deposits made for filing appeals, and settlement of pending cases in a fair and transparent manner. Applications under VISHWAS, 2026 shall be submitted online through the EPFO Employer Portal using Digital Signature Certificate or e-Sign. To facilitate smooth implementation, EPFO has issued detailed operational guidelines to all its Zonal, Regional and District Offices. Dedicated VISHWAS Cells are being established across field offices to assist employers, process applications expeditiously and ensure timely disposal.
EPFO INVITES APPLICATIONS FOR AMNESTY SCHEME FROM PROVIDENT FUND TRUSTS
The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour & Employment, has introduced the Amnesty Scheme, 2026, providing a one-time opportunity for establishments operating exempted Provident Fund (PF) Trusts recognised under the Income Tax Act, 1961 to regularise their status. Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for a period of six months.
The Finance Act, 2026 has aligned the Income Tax framework governing recognized provident funds with the statutory and administrative provisions of Employees’ Provident Fund & Misc. Provisions Act, 1952. Recognition under the Income Tax Act, 2025 shall be available only to provident funds that have obtained exemption under Section 17 of Employees’ Provident Fund & Misc. Provisions Act, 1952. Amnesty shall be granted to such establishments retrospectively under Section 17 of the Act and Section 143 of the Code on Social Security, 2020.
Application of Amnesty Scheme
This Scheme applies to establishments that have been operating a Provident Fund Trust recognized under the Income Tax Act, 1961, but do not possess a formal exemption notification from the appropriate Government – Central Government or State Government, as the case may be.
Validity of Scheme
Duration: The scheme is valid for a period of six (6) months from the date of notification. The Scheme has been notified on 29th June, 2026.
Eligible Establishments
Category–I: Establishments seeking retrospective trust regularization which has already started compliance as an un-exempted establishment or are opting for prospective compliance as an un-exempted establishment.
Category–II: Establishments seeking retrospective trust regularization that choose to continue operating as exempted establishments under the Code of Social Security, 2020.
Key Benefits and Reliefs Provided
Retrospective Regularization: Exemption status and Trust recognition will be granted from the inception of the Trust up to the designated cut-off date.
Waiver of Requirements under the Code on Social Security, 2020: Minimum employee headcount and corpus size rules are waived. The 3-year prior compliance rule is deemed satisfied.
Abatement of Legal Proceedings: Pending assessments for dues, damages, and interest will be withdrawn and stand abated, provided member accounts received interest and contributions at par with or better than statutory rates. Past finalized orders will be treated as void ab-initio.
Mandatory Employer Obligations:
Application: Eligible establishments shall submit a formal application addressed to the Central Government. The applications may be submitted through email to the concerned Regional Office. An expression of interest indicating its willingness for availing the scheme may also be emailed to: rc.exemption@epfindia.gov.in.
Audit Compliance: Financial accounts must be audited by a Chartered Accountant. Special/compliance audits directed by EPF authorities must be completed within 3 months of the application.
Guidance and Support
For details regarding this Amnesty scheme, part C of Annexure to the Employees’ Provident Fund Scheme, 2026 issued vide Gazette notification GSR 525(E) dated 29.06.2026 may be referred to. Additionally, the EPFO website may be referred to, for detailed procedure outlined in Circular, SoP, etc.
The jurisdictional Regional Office of EPFO will provide necessary guidance and accept / process applications from establishments.
The Employees’ Provident Funds Scheme, 2026 has replaced the EPF Scheme, 1952 under the Code on Social Security, 2020. While the core features of EPF remain unchanged, the new scheme introduces several operational and compliance-related changes.
Key changes under the EPF Scheme 2026
EPF Scheme, 1952 replaced: The new EPF Scheme, 2026 came into effect on 29 June 2026, aligning EPF with the Code on Social Security, 2020.
Contribution rates remain unchanged: Employees and employers will continue to contribute 12% of wages (10% for specified establishments).
Wage ceiling remains Rs. 15,000: The statutory wage ceiling for mandatory EPF contributions has not been revised.
Higher wage contributions clarified: For employees earning above the wage ceiling, contributions beyond the statutory limit are voluntary and depend on the employer’s policy or mutual agreement.
Improved digital compliance: The scheme introduces greater reliance on electronic filings, digital records, and streamlined EPFO processes for employers and members.
Stricter rules for exempted PF trusts: Exempted establishments are now subject to enhanced governance, reporting, and compliance requirements.
Government’s emergency powers: The Central Government has been empowered to temporarily modify EPF contribution rates during exceptional circumstances, as permitted under the Code on Social Security.
For most employees, there will be no immediate impact. The 12% EPF contribution rate, interest rate, and Rs. 15,000 wage ceiling remain unchanged.
However, employees earning above Rs. 15,000 per month could be affected if their employer changes its EPF contribution policy.
Higher take-home salary: If contributions are restricted to the statutory minimum, your monthly salary may increase.
Lower retirement savings: Reduced EPF contributions from both employer and employee can lead to a smaller retirement corpus over time.
No automatic change: Existing contribution practices will generally continue unless your employer formally revises its EPF policy.
As of 2026, the EPFO provides services to over 7 crore members and 147 offices, while offering an EPF interest rate of 8.25% on deposits.
Employees’ Provident Fund Organisation (EPFO) manages the Employees’ Provident Fund (EPF), India’s mandatory retirement savings scheme for salaried employees. Effective 29 June 2026, the EPF Scheme, 2026 replaced the EPF Scheme, 1952 under the Code on Social Security, 2020. While the scheme modernises the legal and compliance framework, the core EPF benefits, contribution rates, and retirement savings objective remain largely unchanged.
EPF Scheme 2026: Key Highlights
Particulars
Latest Updates
Simplified Withdrawal Categories
Multiple withdrawal provisions have been consolidated into three broad categories – Essential Needs, Housing Needs, and Special Circumstances.
Faster Claim Settlement
EPFO aims to settle eligible online withdrawal claims in as little as 3 working days through increased automation.
Digital-First Withdrawal Process
Members can submit and track most withdrawal claims completely online through the EPFO portal and UMANG app.
Minimum Balance Requirement
Certain advance withdrawals are subject to maintaining the prescribed minimum EPF balance, wherever applicable.
Purpose-wise Eligibility Continues
While categories have been simplified, withdrawal limits and eligibility conditions still depend on the purpose of withdrawal.
Contribution Flexibility
Employers may choose to contribute only up to the statutory minimum under the EPF Scheme, 2026, where permitted by their policy, potentially impacting the employee’s retirement corpus.
No Change in EPF Interest Rate
The EPF interest rate remains 8.25% p.a. unless revised by the EPFO.
EPFO Login
Visit EPFO Website
Go to ‘Services’ and select ‘For Employees’
Now, navigate to ‘Member UAN/Online Services’
On the redirected page, enter all the required details – UAN, password and the captcha code
Click on ‘Sign in‘ to login to EPF member portal/EPFO employee portal.
How to Activate UAN for the First Time?
Here’s how you can activate UAN to access EPF-related services online in a few steps:
EPF interest: The Employees Provident Fund (EPF) interest for FY26 is set to be credited this month by 15 July, calculated at the rate of 8.25% per annum. Notably, the interest rate per month works out to around 0.688% per month, according to a report by Clear Tax.
Ahead of this, we take a look at how to calculate your monthly EPF earnings at the 8.25% p.a. and also provide a stepwise guide for you to check your closing balance online via the e-passbook facility on the EPFO website.
EPF interest: How is the interest earned calculated?
The EPF interest rate is applicable for all contributions made during a financial year (FY26 in this instance) and is calculated monthly based on the closing balance for that month. Notably, interest earned on EPF contributions is usually tax-exempt — up to ₹1.5 lakh under Section 80C of the old tax regime.
However, if you choose to contribute towards voluntary provident fund (VPF), and if your total annual contribution (Employee’s 12% + VPF) exceeds ₹2.5 lakh, interest earned on the excess amount (above ₹2.5 lakh threshold) is subject to income-tax at your slab rate.
According to the Clear Tax report, your employer’s 12% contribution towards provident fund is divided 3.67% towards EPF and 8.33% towards EPS (pension), the latter of which does not provide interest. Thus, for a month, EPF interest can only be calculated on a portion of the contribution, as follows:
For basic salary and DA of ₹50,000 per month:
Employee contribution to EPF (12% of ₹15,000 cap): ₹1,800/month.
Employer contribution to EPF (3.67% of ₹15,000 cap): ₹550/month.
Employer contribution to EPS (8.33% of ₹15,000 cap): ₹1,250/month.
Total monthly EPF contribution: ₹1,800 + 550): ₹3,150/month
Interest earned on EPF: ₹25 (at 0.688% per month)
Here’s how to check EPF interest credit, passbook
To check your EPF interest credit details, log into the official EPFO portal and navigate to your EPF passbook. Once interest if deposited, the last credit will show as ‘interest updated up to 15/07/2026’.
Visit the EPFO India website and login.
In the top navigation bar, click the “View” tab.
From the dropdown, select “Passbook“.
Log in to the passbook portal using your UAN and the same password.
Your Member IDs appear as a list (of different companies). Click “View Passbook” next to the relevant Member ID to view the full transaction history.
To save a copy, click the “Download PDF” button at the top right of the passbook page.
Notably, members also have the facility to view and download their PF passbook via the Umang app.
EPF interest payment to be credited by 15 July — Details
Union Labour Minister Mansukh Mandaviya on 8 July said the EPFO is processing interest payment on provident funds of 34 crore members for FY26. You can check your balance for the same by next week, on 15 July (Wednesday). The total interest is estimated to exceed ₹1.4 lakh crore.
The interest will be auto-processed and then verified by field authorities before being credited to the member account balances and will reflect in your passbook by 15 July, he added.
Speaking to reporters, the minister said that online access of PF accounts has been enabled with the implementation of 2.01 CITES (centralised IT-enabled services), a project designed to enhance convenience, operational efficiency, and transparency.
The updated system allows EPF members to avail services at any authorised location across the country, similar to banking services where customers do not have to visit a particular bank branch.
Members will have access to a unified digital interface to view their details, PF balances, claim status, pensionable service records, and benefits availed, thereby ensuring transparency and access to information about their PF accounts and the submission of claims.
Claim payments will be processed through the centralised architecture and routed through faster e-payment channels.
Timely credit of settlement amounts to be made directly into members’ bank accounts.
EPF v/s Conventional Low-Risk Investment Options
As already mentioned, EPF is one of the most attractive low-risk investment options. It offers a competitive interest rate of 8.25%, which is significantly higher than conventional low-risk investment options like FDs, RDs, and even some debt instruments. The following table compares the return on investments, EPF v/s other options.
Investment Option
Annual Return Rate
PF
8.25%
Fixed Deposits
Generally 2%-7.5% (better rates for senior citizens available)
Savings Deposits
Up to 4%
Government Securities (G-Secs)
Generally up to 7%
Taxation on EPF Interest
Interest received on the employee’s contribution to the EPF account above Rs. 2.5 lakh in a financial year is taxable in the hands of the employee. The interest is also subject to TDS.
However, the interest accumulated on EPF contributions within Rs. 2.5 lakh is tax-free.
Employees can also claim tax deductions on EPF contributions up to Rs. 1.5 lakh under Section 80C of the Income Tax Act, 1961.
Employees’ Provident Fund Organisation (EPFO) will complete the credit of 8.25 percent interest for the financial year 2025-26 into nearly 34 crore EPF accounts by 15th of July. Union Labour and Employment Minister Dr Mansukh Mandaviya said that over 1.44 lakh crore rupees will be credited to subscribers through its new Centralised IT Enabled Services (CITES) system.
The Minister said that the EPFO has completed the process of migrating its entire database of member records from decentralised architecture to the new centralised database. Under the new system, EPF members will have access to a unified member portal where they can view membership details, PF balances, claim status, pensionable service records and benefits through a single interface. The Minister said that the CITES platform also introduces automated pre-validation of claims. Before a withdrawal request reaches an EPFO office, the system will verify eligibility, identify deficiencies and inform members if they are attempting to claim more than the permissible amount. The move is expected to reduce claim rejections and improve first-time claim acceptance rates.
The CITES Project is an initiative to modernize EPFO’s service delivery through automation and rule-based processing. The project is designed to enhance member convenience, improve EPFO operational efficiency, thereby deliver transparent, and seamless citizen-centric services.
new Employees’ Provident Fund (EPF) Scheme, 2026, under the Code on Social Security. The EPF Scheme, 2026, supersedes the 1952 scheme and is effective immediately. It has also notified the Employees’ Pension Scheme, 2026 and Employees’ Deposit Linked Insurance Scheme, 2026.
While the broad contours of the new EPF scheme remain the same, in terms of coverage and contributions, it brings in new measures for compliance and governance along with a focus on digital interface.
“Every employee, who was a member or was required to be a member of the EPF Scheme, 1952 till the date of cessation of the said Scheme, shall be a member of this Scheme,” said the notification by the ministry of labour and employment on June 29 with regard to membership of the scheme. Further, every employee, employed in or in connection with the work of an establishment, to which this Scheme applies, is entitled and required to become a member of the Fund from the day this scheme comes into force in such establishment or from the date of joining the establishment, whichever is later, the ministry has said.
International workers who are a part of the EPF, 1952 will also be a member of the new scheme. Significantly, it has also said that international workers from countries that have a bilateral agreement on social security contributions with India can also contribute to the EPF scheme 2026 if they are willing to take benefit of detachment under the said agreement. It lists UK and Northern Ireland under this provision, with which India is set to operationalise the free trade agreement and the double contribution convention agreement later this month.
Contributions for employees and employers remain capped at 12% of wages under the new scheme, it specifies that mandatory contributions in respect of employees earning above the wage ceiling will be restricted to the wage ceiling amount. “Employees may, however, make voluntary contributions on wages exceeding the wage ceiling or contribute at a rate higher than the prescribed 12%. Employers may also choose to make matching contributions. Importantly, both employees and employers have the flexibility to reduce or discontinue such additional voluntary contributions at any time,” explained Puneet Gupta, Partner, People Advisory Services, EY India.
For employees, the Scheme also includes new provisions on partial withdrawals through simplified rules for essential activities and needs like illness, education and marriage as well as for housing and other special circumstances, with prescribed conditions including maintenance of a minimum balance.
“For employers, the new framework introduces enhanced governance and compliance obligations, particularly around contractor compliance, ownership disclosures, electronic filings and exempted PF trusts,” noted Gupta, adding that the new framework introduces enhanced governance and compliance obligations, particularly around contractor compliance, ownership disclosures, electronic filings and exempted PF trusts. Employers are also required to file prescribed return within the next 15 days and comply with various new reporting requirements.
PC Agrawal, Practising Company Secretary and Registered Trade Mark Agent noted that the EPF Scheme, 2026 modernises provident fund governance and integrates with digital compliance (electronic returns, online claims, demat investments).
“Strengthens accountability of exempted trusts. Harmonises rules for international workers under social security agreements. This marks a major step in aligning India’s provident fund system with the Code on Social Security, 2020 and global best practices,” he said in a post on LinkedIn.
PF withdrawal by members online through EPFO Member Portal of Employees Provident Fund Organisation using UAN and Aadhaar OTP for most of the claims without intervention of employer after verification of eligibility for PF withdrawal of full or partial amount of PF Balance.
The new EPFO 3.0 enables online PF withdrawal through ATMs as well as UPI and other benefits, raising auto settlement limits.
Withdrawal Type
Form
Processing Time
Employer Approval
Full Settlement
Form 19
3 to 5 days (online)
No
Partial Advance
Form 31
7 to 10 days
No
Pension Withdrawal
Form 10C
7 to 20 days
No
PF withdrawal online by members can be done in the following scenarios.
Activated UAN
Aadhaar, PAN and bank account are verified
Mobile number linked with bank account
At Retirement, Unemployment or on such circumstances of Partial Withdrawal.
Updated date of exit
Requirements
Details
UAN activation
Mandatory
KYC verification
Aadhaar and Bank account
Employer approval
Not required for most online claims
Processing time
Usually 7–20 days
Full withdrawal allowed
After 2 months of unemployment or retirement
Documents Required For PF Withdrawal Online To avert PF withdrawal application getting rejected ensure all below stated requirements are complete.
UAN & KYC Details: UAN should be activated and all the KYC details such as Aadhaar, PAN and bank account details should be verified and linked with UAN. Bank Details: Bank Account which is to be credited with PF withdrawal amount should be already linked with UAN and its details should be verified. Also, Bank Account details can be updated if required. Date of Exit: Form 10C or Form 19 cannot be applied if Date of Exit is not updated in Service History. Please update the Date of Exit. Service Overlap: There should be no overlap of service for two different employers.
How to Withdraw PF Online in Simple Steps PF Withdrawal Online Process Steps for PF Withdrawal.
Step 1: Login to UAN Member Portal with UAN & Password.
Step 2: Verify your KYC status under Manage > KYC to ensure your Aadhaar and Bank details are correct.
Step 3: Go to the Online Services tab and select Claim (Form-31, 19, 10C & 10D).
Step 4: Verify Bank Account details by entering the required data and click on Verify.
Step 5: Click ‘Yes’ on certificate of undertaking
Step 6: Click “Proceed for Online Claim”.
Step 7: Choose your claim type from the given dropdown.
PF Advance (Form 31) – If you are still working. Only PF Withdrawal (Form 19) – If you have left the job. Only Pension Withdrawal (Form 10C) – If you have left the job.
Step 8: Tick the disclaimer box, enter the OTP sent to your Aadhaar-linked mobile, and click Submit.
How to Withdraw PF via UMANG App
EPFO members also have the option to file for PF withdrawal claims through the UMANG app without having to visit the EPFO Members Portal through the following steps:
Step 1: Open the UMANG app and log in using your registered mobile number.
Step 2: Search for and select “EPFO” services.
Step 3: Tap on “Raise Claim” under employee-centric services.
Step 4: Enter your UAN and verify with OTP sent to your Aadhaar-linked mobile number.
Step 5: Select the type of withdrawal claim:
Full PF Settlement
Partial PF Withdrawal (Advance)
Pension Withdrawal (EPS)
Step 6: Verify your bank account details linked with UAN.
Step 7: Upload required documents, if applicable.
Step 8: Submit the claim request.
Step 9: Note the claim reference number to track status later.
PF Withdrawal – Rules & Limits
1. Complete Withdrawal
EPF can be withdrawn entirely only in case of unemployment or retirement. A member can withdraw 75% of the PF balance immediately after unemployment and the remaining 25% after 2 months.
The waiting period of pension withdrawals has been extended to 36 months post-unemployment.
Condition
Limit for Withdrawal Amount
Unemployment
75% of the PF balance immediately after unemployment. Remaining 25% after 2 months of unemployment
Pension
75% after 1 month, and 100% after 36 months of unemployment
Note: To withdraw 100% of the PF balance, a person must be unemployed for at least 2 months.
2. Partial Withdrawal
Partial EPF withdrawal is allowed only for specific reasons, and each has a set limit as below:
Purpose
Limit
Service Required
Conditions
Medical
Employee share or 6 months’ wages
12 months
For self or family treatment
Education
Up to 10 withdrawals
12 months
For children’s education
Marriage
Up to 5 withdrawals
12 months
For self or marriage of family member
House Purchase
Up to 90% of EPF
12 months
Property in your or spouse’s name
Home Renovation
12 times monthly wages
12 months
Property in your or spouse’s name
Pre-Retirement
90% of balance
After 54 or 1 year before retirement
Close to retirement
Special Cases
100% employee share
12 months
If no salary for 2 months or closure of establishment
3. Pension Withdrawal Rules
The following rules apply for pension withdrawal:
Service less than 6 Months: You generally cannot withdraw pension money.
Service more 9.5 Years: You cannot withdraw pension cash. You are eligible for a monthly pension instead.
Between 6 Months to 9.5 Years: You can withdraw the full pension amount using Form 10C.
Which Form to File for PF Withdrawal?
The following forms have to be filed by members during PF withdrawal:
Form 19: For full and final settlement of EPF balance
Form 31: Partial PF withdrawal
Form 10C: Pension withdrawal under EPS
Why was PF Withdrawal Claim Rejected?
If your claim status says “PF Claim Rejected” the following might be the reason:
Name Mismatch: Your name in the EPFO database differs from your Aadhaar or Bank records. Submit a Joint Declaration Form to fix it.
Unclear Cheque Image: The officer could not read the Name or IFSC code on the uploaded scan.
Wrong Form: You applied for Form 31 (Advance) but selected “Out of Service” reason, or any similar error.
Settled but Returned: The money was sent but bounced because your bank account is dormant, frozen, or the IFSC was wrong.
PF withdrawal tax depends on the tenure of your service.
Service Tenure
Tax Treatment
Service ≥ 5 Years
Withdrawal is 100% Tax-Free.
Service < 5 Years
If Amount < ₹50,000, No TDS.
If Amount > ₹50,000: 10% TDS
Note: If PAN is not linked then TDS will be deducted at 30%.
But if you have worked for less than 5 years, and total income is less than the taxable limit then apply for Form 15G or Form 15H to avoid TDS deduction.
EPFO 3.0 – New Withdrawal Methods (2026)
The EPFO has introduced a new EPFO 3.0 framework to enable easier withdrawal process to it’s members. The new EPFO 3.0 includes various updates such as:
ATM and UPI withdrawals
Increased auto-settlement limit of up to Rs. 5 lakh
No employer approval required
Minimum of 25% balance must remain in the PF account
PF Customer Care Numbers
PF toll-free number – 14470
PF missed call number for getting to know EPF details – 9966044425
PF balance enquiry number – SMS “EPFOHO UAN” to 7738299899
New Delhi, June 2, 2026 : Even as over seven crore active members of Employees’ Provident Fund Organisation (EPFO) are awaiting to know when they can expect to get credit of annual interest of 8.25% for financial year 2025-26 in their EPF accounts, millions of subscribers are getting worried whether they are losing money as interest has not yet shown up in their account.
A lot of people are worried that they are losing money due to interest not being credited in their account but this is not true. According to officials and experts the delay is normal and does not lead to any loss to account holders.
Interest on Employees’ Provident Fund (EPF) is calculated on the basis of the monthly running balance in the EPF account throughout the year. Therefore, even though actual credit entry in passbook may be late, full interest is credited to the account of subscriber and he does not suffer any loss on account of delay in credit of interest.
Financial experts pointed out that EPF interest is calculated on the basis of the monthly running balance in the EPF account throughout the year. So although the credit entry in the EPF passbook might be shown later, the member would get the full interest he or she is entitled to. Thus, there would be no loss of interest due to delay in accounting procedure.
Historically EPFO releases the interest credits in accounts in between June end and September end after all the approvals and account reconciliation are carried out in full. There can be odd exceptions where there are administrative constraints as well.
You can check your account online through EPFO portal. Your EPF passbook containing details of your updated account is available on EPFO’s other official services also. All the interest credited to EPF accounts of members would be reflected in their online passbook.
With over seven crore active subscribers EPFO continues to remain one of the highest interest rate bearing savings instrument amongst Government backed savings schemes, aimed at creating huge wealth for salaried employees of India to enjoy in their retirement life.
Key Takeaways:
The EPFO has kept interest rate on EPF for FY 2025-26 at 8.25%.
The Interest credit could take several months to reflect in EPF account after declaration of interest rate by EPFO.
Interest is credited on the basis of running balance in the EPF account, therefore whatever interest has been accrued on the account of the member shall be paid in full to the member, and the member shall not suffer any loss on account of delay in updating the interest in the EPF/ PF/ SPPF/ Passbook of the member.
Members can check their accounts online by logging into EPFO portal or other EPFO services and getting a print out of their EPF passbook.
Interest is credited to member’s account only after Government notification and EPFO processing is complete.
The Centre is working to implement a 100 percent digital withdrawal system of Employees’ Provident Fund (EPF) to enable withdrawal from EPF account of millions of workers instantly through a QR code at ATMs or online transfer through UPI. EPFO is working to implement this system by mid-2026.
Now in the new framework of withdrawal of EPF amount, an EPFO member can check the amount of withdrawal eligible through UMANG app of EPFO, generate a QR code and withdraw the amount immediately from UPI-enabled ATM or through direct UPI transfer. Withdrawal through EPFO’s new framework of withdrawal will be paperless, instant and hassle-free and the amount will be credited to the account of member immediately as against days and weeks taken by EPFO to settle the claims through existing process of withdrawal of EPF amount.
The proposed EPFO 3.0 is part of the digital modernization of EPFO to make provision of provident fund services to its members faster and smoother by reducing processing time and minimizing human intervention. Under EPFO 3.0, members will be able to withdraw/ transfer their EPF account balance instantly through digital platform(s).
Clarification by Ministry of Labour and Employment. EPF amount can be withdrawn by employee as well as employer through ATM for the amount contributed by employee towards his/her Provident Fund account, up to 75% of the amount in his/her Provident Fund account.
However, the pension shall remain unaffected since EPS is a defined benefit scheme and pension of member is calculated on the basis of Eligible Service rendered by him/her. Even if member withdraws his/her EPF contributions, his/her EPS service record shall not be impacted and he/she would continue to remain eligible for pension as and when he/she attains the age of superannuation or retires from service, provided he/she has completed at least 10 years of Eligible Service.
The Ministry of Labour & Employment has clarified that Pension would continue to as before and would not get affected in any way due to the proposed EPF withdrawals through UPI. Pension entitlement also would continue to as before at the age of 58.
A member can withdraw the amount accumulated in pension account before completing 10 years of service in any time of these 10 years. However, for entitlement of pension, the member should have rendered minimum 10 years of service in EPS contributing employment.
Even if the member withdraws a substantial part of the EPF account prior to retirement, his/her EPS service record would not get affected and the member would continue to be eligible for pension provided he/she completes the required 10 years of eligible service.
What actually changes?
Currently, a member can apply for withdrawal of his EPF online on EPFO portal or even submit physical application at EPFO office after verification of KYC details of member. Employer also needs to verify and approve the withdrawal application of employee. It generally takes minimum 7-10 days for processing of withdrawal claim and getting the disbursed amount in bank account of member. Withdrawal claims of more than Rs 1 lakh are verified manually by EPFO and if any discrepancy is found in documents submitted by member or employer, then processing of withdrawal claim is delayed or claim is even re-initiated.
In EPFO 3.0, a member can check the amount of his/her eligible PF withdrawal balance through UMANG app and generate a QR code to withdraw funds instantly from a UPI enabled ATM or through a direct UPI transfer. Withdrawals up to amount of Rs 5 lakh can be instantly settled without any intervention of employer.
Labours Minister Mansukh Mandaviya has on Friday confirmed the report stating that EPFO has completed the testing of UPI withdrawal of EPF and it will be launched soon.
“Testing of UPI facility for withdrawal of EPF has been completed and service would be launched soon,” Minister Mandaviya said in a statement.
The Minister did not state a date of launch but said the organization had completed testing of the process where members could withdraw their EPF using the UPI payment gateway and the amount would be credited into the bank account of the member immediately.
As workforce in India is growing formally. Ministry of Labor and Employment, Government of India has put out some great data around formal workforce growth in India. In financial year 2024-25, over 1.29 crore formal workers were added to payrolls of various establishments across India. Unemployment rate in India too has declined sharply and as of financial year 2023-24, stands at 3.2% as against 6% in financial year 2017-18.
The proposed change will thus become one of the biggest digital reforms for the EPFO in the country and will bring ease of withdrawal of retirement savings for millions of salaried employees.
EPFO enables UPI PF Transfers- 5 details to update right away to avoid delays!
Activate and check your UAN Online activation of UAN & all other services of EPFO are already enabled through member portal i.e. http://member.epfo.st. Employee should activate his UAN & ensure that all 5 details are updated correctly to avoid last minute problem. EPFO online services for PF withdrawal & online claim transfer are already available on member portal i.e. http://member.epfo.st. Employee needs to login to his account using his UAN & password. If he forgets his password then he can reset it by clicking on “Forgot Password”. Employee also needs to check if his mobile number is correctly registered in UAN portal.
Employees can login to EPFO Member Portal for the following online services. To update employee information on EPFO website, it is prudent to login to EPFO Member Portal first to update the information. If EPFO member has forgotten login password or has changed the registered mobile number of employee, it is better to update EPFO records through employee login as well.
Match Aadhaar, PAN and name records Seeding of Universal Account Number (UAN) with Aadhaar is mandatory. The details such as name, date of birth and gender in EPFO records should match with the details available in Aadhaar database. Any discrepancy in these details would prevent UPI-based verification and subsequent processing of EPF claims.
Most of the practical problems in PF claims are because of name, date of birth or father’s name not matching in Aadhaar, PAN, Employer’s data and EPFO’s records. Hence, it is mandatory to get Aadhaar seeded with UAN and update PAN details in UAN Portal also as non-verified PAN attracts higher rate of TDS on taxable part of PF withdrawal and creates authentication problems while processing claims digitally.
Update the bank account carefully The account number, IFSC code and name of account holder as filled by employee in EPFO portal should be same and updated/ corrected as the case may be.
Bank Account Details: The EPF account holder needs to enter the bank account details that are to be credited with the PF transfer amount. It is important to enter the correct IFSC Code of the bank account and also enter the account holder’s name correctly so that there is no discrepancy during transfer. Also, it is important to verify the bank account details entered in the EPFO portal, as failed transfers can occur if the account has been closed or incorrect account details have been entered. As transfers through UPI are enabled through banking systems’ UPI enabled applications, the bank account details which are mapped with EPFO will continue to remain relevant for PF transactions. Therefore, it is advisable that employees map their active account / salary account / account in same name as that of EPFO member in EPFO portal. In case of transfer rejection, reasons such as Dormant account / Joint account with name mismatch / Old salary account could be the reasons. Further, Primary UPI ID should be active and should be linked with correct bank account and should not be blocked due to reasons such as device change etc. KYC also needs to be completed on UPI App.
Mobile Number & UPI Handle to be ready Employee’s should also check the mobile number (Aadhaar linked/ UAN linked) which would be used for OTP based authentication for the transactions done through UPI enabled services. Ideally, it should be same i.e. Aadhaar linked mobile number, UAN-registered mobile number and the UPI enabled mobile number.
Clean up service history and nomination Verify your employment details in EPFO database and update your e-nomination details if required to transfer your EPF account to new service provider, process claims and settle claims amount quickly. Verify following points for Employee. Employment details entered by all previous employers are correct. Employment dates for previous employment entered by employer are correct. Date of exit from service for previous employment entered by employer is correct. EPF accounts of previous employment are mapped with UAN of member. E-nomination of Employee is complete and updated.
If Employees have recently got married, have changed their dependents or have updated their family details, it is advised that they revise their nominations in their respective EPF accounts as well.
Important Good news for EPF subscribers: You can now transfer your EPF money via UPI. But do not expect UPI facility to resolve all errors in your service records. Your clean claim will reach your account faster but it will not help in rectifying your faulty records. It is therefore very important to get your service records in order before you require your money.
Employees’ Provident Fund Organisation is all set to enable UPI for PF transfer and here are 5 steps to activate your EPF account and EPFO enabled digital services to transfer your provident fund money using UPI.
Verifying details in your EPF account before EPFO starts UPI PF transfers will ensure the EPF account processes transfer of provident fund money the fastest if all the details are updated and verified. Some of the information that needs to match are details in KYC records, mobile numbers in EPFO records and Aadhaar records, bank account numbers and IFSC codes and name in EPFO records and Aadhaar and PAN cards.
If employee withdraws his EPF money before completion of 5 years of service from the date of joining, then he shall be liable to pay tax on such withdrawal and employer also shall be liable to deduct TDS on such withdrawal, unless the conditions of exemptions available under the Income Tax Act and Employees’ Provident Fund Organization (EPFO) are satisfied.
Withdrawal of Employees’ Provident Fund (EPF) amount by employee before completion of 5 years of service from the date of joining will attract tax as per Income-tax Act, 2025 and also TDS (Tax Deducted at Source) unless exempt as per conditions mentioned under Income-tax Act, 2025 and Employees’ Provident Fund Organization (EPFO) rules.
Employees’ Provident Fund (EPF) is a long term retirement benefit but the same can be withdrawn in part in case of unemployment or other emergencies even before retirement. The amount of withdrawal is not restricted but the amount so withdrawn before completion of 5 years of service will be considered as part of income and tax thereon will be charged as per the provisions of Income-tax Act, 2025.
A withdrawal, including the interest amount, could attract tax and TDS if not covered under any of the exemptions as specified under the income tax and EPFO rules. The report was first carried by Mint.
EPF investments currently earn an interest rate of 8.25% on a monthly basis.
EPFO rules define when full withdrawal is allowed
What is Full EPF Withdrawal as per EPFO Rules.
As per EPFO rules, EPF in Full can be Withdrawn by Employee in following cases as specified by ClearTax.
Retirement after reaching 55 years of age
Withdrawal of up to 90% of EPF balance after he/she completes 54 years of age i.e. one year prior to retirement.
Employee is unemployed for only 1 month then he can withdraw 75% of his EPF account.
Full withdrawal of the EPF balance after the individual is unemployed for a period of two months.
Online withdrawal by EPFO is permitted without approval of employer in following cases.
Your Aadhaar number must be mapped to your Universal Account Number (UAN).
Employer verification requirements have been completed
The EPF is one of the largest retirement benefits systems in the country to help working people save enough for their old age by themselves or through their employers. Under the EPF scheme, both the employee and the employer every month put aside 12% of the employee’s basic salary and dearness allowance as their contribution to the fund.
The employer’s contribution to Employee’s Provident Fund (EPF) is credited to Employee’s Provident Fund (EPF) account and Employee’s Pension Scheme (EPS) account.
Early withdrawals may trigger tax liability
Any withdrawal from EPF prior to completion of 5 years of continuous service of employee (as specified under Rule 6 of Schedule XI of the Income-tax Act, 2025) shall attract tax.
The tax implications will however not apply in case the withdrawal is permissible under Exemptions notified by EPFO & Income Tax and are admissible.
Exemptions may apply in cases such as:
Termination due to ill health
Closure or discontinuation of the employer’s business
Circumstances beyond the employee’s control
Tax applicable on Early Withdrawal is available on income tax portal web site. The entire amount of withdrawal along with interest made by employee before completion of 5 years of service and not covered under exceptions in above para shall be taxable and TDS would be applicable on such payment.
All previous service will get counted even if EPF was transferred without any withdrawal.
Once the EPF transfer happens, the service of employee with previous employer(s) can also be counted to complete 5 years of service. No TDS will be deducted by employer on withdrawal of EPF balance (along with the interest accrued thereon), as mentioned by ClearTax in the above article.
TDS rules are mainly based on the amount of withdrawal and PAN details.
Tax deducted at source on EPF withdrawal is a function of the amount of withdrawal and the PAN details of the employee available with the employer.
According to ClearTax:
No TDS is deducted if EPF withdrawal amount is below ₹ 50,000.
10% TDS will be deducted from EPF withdrawal amount if it is above ₹ 50,000 and PAN details are available with employer.
TDS may also be applicable at a higher rate i.e. 20% if PAN details are not available with the employer.
Employees with total income below the taxable limit (i.e. below the threshold limit for taxation) can also have TDS not deducted on EPF withdrawal by filing the following forms:
Form 15G
Form 15H
In any case, Tax to be deducted can be exempted if these forms are submitted validly. In such cases, Tax shall not be deducted from EPF withdrawals even if amount of withdrawal from EPF is in excess of Rs. 50,000 and total of such taxpayer from all sources is in excess of taxable limit for such taxpayer.
Retirement savings remain central to EPF framework
Withdrawals from EPF under focus as salaried employees become more aware on tax, retirement and employment.
The EPF account of salaried employees is being taxed before retirement, due to frequent job changes, unemployment and urgent withdrawals from their EPF accounts.
Most tax experts today do not recommend the withdrawal of EPF savings, for the simple reason that not only do these grow due to interest but also due to compounding. And, savings that have remained in the account for more than 5 years are taxed in a very tax efficient manner.
Moreover, as noted before, workers can withdraw from their own EPF contributions in case they lose their job or are suffering from serious health issues or are facing other similar crises of larger magnitude where they need to withdraw huge sums of money for meeting urgent needs.
A salaried individual must know the service conditions, the time at which withdrawal can be taken and the documentary evidence required for tax purposes before withdrawing his/her EPF savings prematurely.
Members of the Employees’ Provident Fund Organisation (EPFO) will soon be able to perform simple transactions via WhatsApp. This initiative aims to improve outreach and streamline services for EPFO members.
The primary goal is to provide subscribers quick and easy access to essential services such as checking their PF balance, viewing the last five transactions, and tracking claim status. Additionally, members eligible under the Pradhan Mantri Viksit Bharat Raozgar Yojana (PMVBRY) who have pending issues, such as incomplete Aadhaar authentication using UIDAI’s face authentication technology (FAT) or non-enablement of Direct Benefit Transfer (DBT) for their Aadhaar-linked bank accounts, will receive support services through WhatsApp.
To utilize these services, members need to send ‘Hello’ to EPFO’s registered WhatsApp number to start the conversation. They also have the option to receive EPFO updates via their registered mobile number.
Once a message is received, EPFO will verify its authenticity by checking if it comes from the member’s registered mobile linked to their Universal Account Number (UAN). Upon verification, the member will be presented with a menu in their local language, allowing them to choose an option, submit details, or respond to simple queries.
According to sources, EPFO will process these messages and respond using an AI chatbot or by accessing information from the EPFO database. This approach is expected to enhance analytics and reporting, as each interaction will be monitored to gauge member satisfaction.
This new WhatsApp service is particularly beneficial for EPF subscribers, as the majority of mobile users are already familiar with the platform. Furthermore, all communications will be conducted in local languages, ensuring greater comfort for members when engaging with EPFO. Services will be available around the clock.
Employee Provident Fund (EPF) is one of the most important financial security pillars for crores of Indian workers. To access EPF services without disruption, subscribers must ensure that their Know Your Customer (KYC) details are updated correctly on the Universal Account Number (UAN) portal. However, the EPFO system is highly rule-based. Even a minor mismatch between records in the UAN profile, Aadhaar-PAN database, and bank passbook can result in claims being marked as “Rejected” or kept “Under Process” with only a brief remark explaining the issue.
Why Does A PAN-Aadhaar Mismatch Occur In The UAN?
Here are some of the most common reasons behind PAN-Aadhaar mismatches:
Name mismatch: Even small spelling differences between your PAN card, Aadhaar card, and EPF records can lead to verification failure on the EPFO portal.
Incorrect or unverified PAN details: If the PAN number is entered incorrectly or remains unverified in the EPF KYC section, the account may not sync properly.
Incorrect date of birth or gender details: Any inconsistency in personal information across EPF, PAN, and Aadhaar records can prevent successful validation.
PAN and Aadhaar not linked: If Aadhaar is not linked with PAN, EPFO may be unable to verify the account, causing delays in withdrawals, transfers, or claim settlements.
Delaying the correction of PAN or Aadhaar mismatches can create multiple issues. The system may fail to validate your details, resulting in delayed transactions, claim rejections, or even higher tax deductions on EPF withdrawals.
EPF members can track the status of their KYC request directly through the UAN portal. The status may appear as Pending, Verified or Rejected.
Under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, the Regional Provident Fund Commissioner (RPFC) serves as the deciding authority. The EPF Scheme, 1952, the Employees’ Pension Scheme (EPS), 1995, and the Employees’ Deposit Linked Insurance (EDLI) Scheme, 1976, define the applicable procedures, timelines, and subscriber rights. Importantly, these schemes do not permit claims to remain pending indefinitely. As per the EPFO Citizen’s Charter, field offices are required to decide on claims within 20 days of filing.
Related
What is PAN-Aadhaar Mismatch and Why Does It Matter?
A PAN-Aadhaar mismatch occurs when the details you have registered in your Provident Fund (PF) account don’t match with the records maintained by the Income Tax Department. Specifically: Your PAN (Permanent Account Number) linked to the Unified Account Number (UAN) differs from the PAN linked to your Aadhaar in government databases. Your name, date of birth, or other details on your Aadhaar don’t match the information in your PF records. You are yet to link your Aadhaar to your PAN account.
How do I fix the mismatch quickly?
5-point quick action steps: Log into EPFO portal Navigate to KYC Details Edit and correct details Upload documents Submit for verification Timeline: 7-10 business days
The Employees’ Provident Fund Organisation (EPFO) is working to automate the process for settling provident fund withdrawal claims. Speaking at an event, Central Provident Fund Commissioner of EPFO Ramesh Krishnamurthi said, the government is also going to initiate auto-settlement of final withdrawals. He said that EPFO is working for auto-settlement and auto-transfer of provident fund accounts in case a member shifts employers. The EPFO has more than seven crore members.
The EPFO plans to increase the minimum pension from Rs 1,000 to Rs 7,500, responding to demands from labor unions amid rising living costs. Additionally, EPFO intends to credit 8.25% interest on EPF deposits and implement ATM withdrawals for quicker access. Operational efficiency has improved, with a record number of claims processed.
Currently fixed at Rs 1,000 per month, the minimum pension has long been criticised as inadequate amid rising living costs. Labour unions and pensioners’ groups have intensified demands to raise it to Rs 7,500. Sources in the Employees’ Provident Fund Organisation or EPFO indicate that discussions are underway, with a decision likely soon. A parliamentary panel has also backed the proposal, calling for stronger social security for retirees.
EPF Interest and Access Reforms
Alongside the pension debate, EPFO is expected to credit 8.25% interest on EPF deposits for FY26, pending approval from the Ministry of Finance. In a major ease-of-access move, the body is preparing to introduce ATM-based withdrawals, allowing subscribers quicker access to their provident fund savings.
Record Claims, Faster Processing
Operational efficiency has improved significantly, with a record 8.31 crore claims settled in FY26, up from 6.01 crore a year earlier. Of these, 5.51 crore were advance claims. Automation has boosted speed, with over 71% of such claims processed within three days. Digital adoption has reduced paperwork, with crores of claims filed without cheque uploads and lakhs of accounts linked independently.
EPFO is also set to launch E-PRAAPTI, a portal to trace and activate inactive PF accounts using Aadhaar-based authentication, further strengthening India’s retirement framework.
The Delhi government has released the draft Electric Vehicle Policy 2026, which proposes significant incentives and regulatory shifts to accelerate the transition to cleaner transport. The public has until May 10, 2026, to submit suggestions and comments.
Below is a structured overview of the proposed draft policy, which is open for public comment until May 10, 2026.
1. Tax Exemptions & Financial Incentives
The draft policy focuses on making eco-friendly vehicles more affordable through road tax waivers and direct subsidies.
Vehicle Category
Price Cap (Ex-Showroom)
Road Tax & Registration Fee Exemption
Purchase Incentive (Year 1)
Electric Cars
Up to ₹30 Lakh
100% Exemption
N/A (Focus on tax waiver)
Strong Hybrids
Up to ₹30 Lakh
50% Exemption
N/A
E-Two-Wheelers
Up to ₹2.25 Lakh
100% Exemption
₹10,000 per kWh (Max ₹30,000)
E-Autorickshaws
N/A
100% Exemption
₹50,000
2. Phased Purchase Incentives (3-Year Outlook)
To encourage immediate adoption, the Delhi government has proposed a “front-loaded” incentive structure where subsidies decrease annually.
Incentive Year
E-Two-Wheelers (per kWh)
Max Cap (Two-Wheelers)
E-Autorickshaws
Year 1
₹10,000
₹30,000
₹50,000
Year 2
₹6,600
₹20,000
₹40,000
Year 3
₹3,300
₹10,000
₹30,000
3. Scrappage Benefits
Owners who scrap their old, polluting vehicles in favor of a new EV are eligible for additional financial support, provided the purchase is made within six months of scrapping.
Vehicle Purchased
Scrappage Incentive Amount
Specific Conditions
Electric Car
₹1,00,000
Limited to first 1 lakh applicants
E-Goods Carrier (N1)
₹50,000
For commercial transition
E-Three-Wheeler
₹25,000
Focus on L5M category
E-Two-Wheeler
₹10,000
Scrapping BS IV or older models
4. Regulatory Deadlines & Bans
The policy sets clear timelines for phasing out new registrations of fossil-fuel-based smaller vehicles to meet long-term sustainability goals.
Implementation Date
Regulatory Action
January 2027
Ban on registration of new CNG Autorickshaws
April 2028
Ban on registration of new ICE Petrol Two-Wheelers
March 2030
Expiry of current proposed EV Policy 2026 incentives
5. Fund Allocation & Infrastructure
A dedicated “EV Fund” will be established to manage the ₹3,954.25 crore budget, distributed as follows:
₹1,718 Crore: Scrapping incentives.
₹1,236.25 Crore: Direct purchase incentives.
₹1,000 Crore: Expansion of charging and battery-swapping infrastructure.
The policy also outlines the development of a digital portal for streamlined approvals and monitoring of charging stations, ensuring that the transition to electric mobility is supported by a robust and accessible network.
Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.
The Employees’ Provident Fund Organisation (EPFO) has officially transitioned into its EPFO 3.0 phase, marking one of the most significant regulatory and digital shifts in the history of social security in India. Aimed at reducing bureaucratic hurdles and empowering subscribers, the 2026 reforms balance instant financial liquidity with long-term retirement security.
Key Changes at a Glance
Feature
Old System (Pre-2026)
New System (EPFO 3.0)
Withdrawal Grounds
13 specific reasons
3 Simplified Categories: Essential, Housing, and Special Circumstances.
Auto-Settlement Limit
Up to ₹1 Lakh
Up to ₹5 Lakh for eligible claims.
Withdrawal Methods
Online Portal / Physical Form
UPI Transfers and a dedicated EPFO ATM Card.
Processing Time
7 to 20 days
Within 3 Days for advances (Illness, Marriage, Education).
Employer Approval
Often required for claims
No Attestation Needed for KYC-compliant accounts.
Minimum Retention
No fixed percentage
25% Lock-in Rule to protect retirement corpus.
EPS Withdrawal
Available after 2 months
Available after 36 months (encouraging pension retention).
Detailed Breakdown of Withdrawal Categories
The consolidation of withdrawal grounds ensures that members no longer face claim rejections due to selecting the “wrong” sub-category.
Category
Permissible Uses
Max Frequency / Limit
Essential Needs
Medical emergencies, Higher education, Marriage.
Education: 10 times; Marriage: 5 times.
Housing Needs
Purchase of plot/house, construction, or home loan repayment.
Subject to service years and balance.
Special Circumstances
Natural calamities, sudden financial distress, or job loss.
Immediate access to 75% of funds.
New Digital Payout Channels
For the first time, your retirement fund is accessible via modern banking interfaces, reducing the reliance on the unified portal for small, urgent needs.
UPI Integration: Members can withdraw up to 75% of their balance directly through apps like Google Pay or PhonePe.
EPFO ATM Card: Allows for direct withdrawal of up to 50% of the balance at any standard ATM, bypasses the need for manual online claim filing for urgent liquidity.
The 25% Security Buffer
To balance liquidity with long-term security, the EPFO now mandates that 25% of the total corpus (employee + employer share + interest) must remain in the account. This ensures that even if a member utilizes multiple advances throughout their career, they still retain a foundational amount for their retirement years.
Compliance Checklist for Members
To benefit from these instant settlement features, members must ensure the following are completed on the Member e-Sewa portal:
Aadhaar-UAN Linking: Mandatory for all digital claims.
KYC Verification: Bank account (with IFSC) and PAN must be verified.
Mobile Seeding: The mobile number linked to Aadhaar must be active to receive OTPs for UPI and ATM transactions.
Prerequisites for these benefits:
To utilize these new features, ensure your UAN is activated, your Aadhaar is linked, and your KYC details (PAN and Bank Account) are verified on the EPFO portal.
Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.
The Central Bureau of Investigation (CBI) has arrested two public servants- a Regional Provident Fund Commissioner (RPFC) and a Senior Security Assistant of employees of Employee Provident Fund Organisation (EPFO), Batmaloo, Kashmir Region, Srinagar while accepting a bribe of Rs. 50,000 from the complainant in a bribery case.
The CBI registered the instant case on 31.03.2026 against the said accused. It was alleged that the accused Regional Provident Fund Commissioner demanded a bribe of Rs. 1,50,000 from the complainant for not taking adverse action & charging hefty penalty against the school of the complainant.
The CBI laid a trap on 31.03.2026 and caught the accused Senior Security Assistant red-handed while accepting the bribe of Rs. 50,000 from the complainant. The accused RPFC was also arrested after acknowledging the acceptance of a bribe by the middleman (Senior Security Assistant)
Further investigation is underway.
Taking and giving bribe is a crime, if any government employee demands bribe for any official work in Jammu & Kashmir and Ladakh, please complain to CBI, ACB, Srinagar on this number 9419900977 or email
If you have ever changed jobs, stopped contributing to your EPF account, or forgotten about an old provident fund account, there is good news for you. The government has announced a new initiative that will automatically return small amounts of unclaimed EPF money directly to subscribers’ bank accounts without any forms, claims or visits to EPFO offices.
This move is expected to benefit lakhs of EPF members whose accounts have remained inactive for years.
What is Inoperative EPF Account? An EPF account is classified as inoperative if there has been no contribution or transaction for three consecutive years. Under the new decision, accounts with a balance of Rs 1,000 or less will have the money directly transferred to the subscriber’s linked bank account.
How Your EPF Accounts Can Become Inoperative EPF accounts can turn unclaimed or inactive for several common reasons, including:
Employees changing jobs without updating their new employment details
Incorrect or outdated information such as mobile number, address or bank account
Death of the employee, with no nominee or legal heir filing a claim
Long periods of inactivity due to lack of awareness or employer non-compliance
Over time, these issues result in accounts being forgotten, especially when the balance amount is small.
What Do EPF Subscribers Need to Do?
The biggest relief for subscribers is that no action is required from their side.
No claim form needs to be filed
No documents need to be submitted
No visits to EPFO offices are required
The money will be automatically credited to the subscriber’s Aadhaar-linked bank account by the Employees’ Provident Fund Organisation.
Automatic EPF Refund Limit: What Happens If Your Balance Exceeds Rs 1,000?
Subscribers should note that this automatic refund applies only to inoperative accounts with a balance of up to Rs 1,000.
If an inoperative EPF account holds more than Rs 1,000, the amount will not be refunded automatically under this initiative. In such cases, subscribers will still need to follow the regular EPF claim process to withdraw their money.
Over 7 Lakh EPF Members to Benefit Official data suggests that more than seven lakh inoperative EPF accounts fall under this category. For subscribers whose EPF accounts are already Aadhaar-linked, the refund will be processed immediately. For others, the transfers will be carried out in a phased manner once eligibility checks are completed.
Regional Workshop on Enhancing District-Level SDG Outcomes under the State Support Mission (SSM) held in Guwahati, Assam
The North-Eastern Region Workshop on Enhancing SDG Outcomes at the District Level, organised by NITI Aayog in collaboration with the Government of Assam and with technical support from UNDP India, was held on 12 February 2026 in Guwahati under the State Support Mission (SSM) of NITI Aayog.
The workshop brought together over 120+ participants from across the eight North Eastern States, including Planning Secretaries, Deputy Commissioners/District Collectors, senior officials from State Governments and Union Ministries, representatives of the North Eastern Council (NEC), UN agencies, development partners, and civil society organisations. The workshop provided a focused platform to deliberate on strengthening district-led planning, convergence, financing, and implementation of the Sustainable Development Goals (SDGs), with particular emphasis on translating evidence into actionable outcomes on the ground.
The inaugural session was attended by Shri Charan Boro, Hon’ble Minister of Transport and Bodoland Welfare Department, Government of Assam; Dr. V. K. Paul, Member (Health) NITI Aayog; Shri Narayan Chandra Borkataky, Vice Chairman, State Innovation and Transformation Aayog (SITA), Assam; Dr. Ravi Kota, Chief Secretary, Government of Assam; Shri Satinder Bhalla, Secretary, North Eastern Council; and Dr. Angela Lusigi, Resident Representative, UNDP India, along with senior State and district officials.
Discussions during the workshop emphasised that the success of the SDG agenda depends on the effectiveness of implementation at the district level, where policies translate into tangible outcomes for citizens. The North-Eastern Region District SDG Index was highlighted as a critical decision-support tool for districts to identify strengths, diagnose development gaps, prioritise interventions, and strengthen inter-sectoral convergence in a systematic and evidence-based manner. The deliberations also underscored the importance of early SDG localisation efforts by States, particularly in embedding SDGs within planning and governance processes, to move from measurement to mission-mode implementation.
A presentation by the Shri Rajib Kumar Sen, Programme Director (SDGs), NITI Aayog, highlighted the North Eastern Region District SDG Index as a practical decision-support tool, showcasing district-level progress and gaps across the region. This was followed by a presentation by the Additional Secretary, Ministry of Panchayati Raj, on the Panchayat Advancement Index (PAI), demonstrating how granular local-level indicators can complement district SDG monitoring and strengthen last-mile planning and service delivery.
The technical programme comprised a series of focused sessions. Session I, “SDG Localisation in the North Eastern Region: From Evidence to Action,” examined how insights from the North Eastern Region District SDG Index can be translated into district-level planning, prioritisation, and inter-sectoral convergence. Session II, “Sectoral Deep Dive into a Priority SDG Based on District-Level Evidence,” provided a platform for district administrations to share field-level experiences and discuss how granular evidence can inform targeted sectoral interventions. This was followed by a detailed technical session on the Step-by-Step Guide for SDG Budget Tagging, which introduced a structured framework for aligning planning and budgeting processes with SDG priorities at the sub-national level.
NITI Aayog launches sixth edition of “Trade Watch Quarterly”
Shri Suman Bery, Vice-Chairman, NITI Aayog, released the latest edition of the “Trade Watch Quarterly” publication for Quarter 2 of FY 25-26 (July-September 2025) on the 13th February 2026, in New Delhi. It was released in the distinguished presence of the Member, NITI Aayog, Shri Arvind Virmani and other senior officials.
The publication provides a comprehensive assessment of global and domestic trade trends at a time when global trade growth has moderated but remains positive, with services continuing to outperform goods and developing regions emerging as key drivers. In addition, the thematic section of this quarter’s edition focuses on India’s electronics trade, examining global demand patterns, India’s export footprint across mobile phones, consumer electronics, industrial electronics, and components, and participation in global electronics value chains. It identifies key structural constraints, policy gaps, and priority interventions required to strengthen competitiveness, deepen value addition, and enhance export performance.
The analysis highlights that India’s trade performance in Q2 FY26 was driven by export-led momentum sustaining the overall trade expansion amid heightened global uncertainty. Services and merchandise exports recorded robust growth of ~8.5%, outpacing import growth in both merchandise and services. At a structural level, the edition underscores the deepening of trade among developing economies, which has expanded nearly four-fold since 2005 and now accounts for a rising share of global exports, with India’s trade trajectory increasingly aligned with this Global South rebalancing through regional value chains and new trade corridors. Further, this edition highlights the growing role of e-commerce as a key enabler of future export growth. India is now among the world’s top six e-commerce markets, with electronics accounting for nearly half of online retail, and while e-commerce exports remain modest, they are projected to scale rapidly and could contribute 20–30 per cent of India’s merchandise exports by 2030, supported by ongoing improvements in logistics efficiency, regulatory facilitation, and expanding MSME participation.
Electronics, the thematic focus of this quarter’s edition, has emerged as a cornerstone of India’s manufacturing and export transformation. Now the second-largest item in India’s export basket, the sector is both technology-led and deeply interconnected with industries such as automotive, renewable energy, telecom, defence, and digital services, making it a powerful multiplier for industrial growth.
India’s share in global electronics demand has expanded at a rapid CAGR of 17.2 per cent, significantly outpacing global growth of 4.4 per cent between 2015 and 2024, driven primarily by the sharp rise in mobile phone exports. Between 2016 and 2024, electronics exports increased nearly fivefold, reaching USD 42.1 billion. With global electronics trade valued at USD 4.6 trillion, the sector represents one of the largest and fastest-evolving segments of the world economy. India has demonstrated particular strength in products such as mobile phones, consumer electronics, and communication equipment, with exports increasingly directed towards major final-consumption markets including the United States, the United Kingdom, and the UAE.
Having established a strong foothold in assembly and system integration, India is now entering the next phase of its electronics journey, moving decisively toward component manufacturing and higher value addition. This transition is supported by targeted policy measures, including the Union Budget’s ₹40,000 crore allocation under the Electronics Components Manufacturing Scheme, aimed at strengthening domestic capabilities.
The analysis underscores that sustained competitiveness will be driven by deeper integration into global electronics value chains, encompassing printed circuit board design, semiconductor assembly and testing, power electronics, and embedded systems. Complemented by continued improvements in logistics efficiency, tariff rationalisation, and industry-aligned skill development, these shifts position electronics as a key engine of India’s export growth and technological advancement in the coming decade.
Addressing the occasion, Shri Suman Bery, said “Electronics, as the organising core of modern manufacturing value chains, with semiconductors and components, plays a key role in determining trade balances and technological sovereignty. While India has achieved scale in final assembly, sustained competitiveness will depend on correcting structural cost disabilities, deepening domestic component ecosystems, and leveraging anchor investments in components to embed Indian firms more firmly within global production networks”.
Member, Dr. Arvind Virmani also commended the team for delivering a timely and analytically robust edition of the publication. He noted that deeper integration into global value chains, especially in electronics, will be central to sustaining India’s export momentum, enhancing productivity, and generating quality employment over the medium term.
The edition provides an important resource for policymakers, industry, researchers, and academia with its data-driven analysis and forward-looking policy insights to support informed decision-making and strengthen India’s trade competitiveness in a dynamic global landscape.
The following initiatives have been taken to expand registration and improve regional coverage:
Common registration through Shram Suvidha portal and Auto-registration for new companies incorporated under Companies Act through MCA Portal: As part of Ease of Doing Business, Shram Suvidha Portal, a unified platform, was introduced by Ministry of Labour & Employment, whereby any establishment seeking EPFO registration can register online by furnishing the necessary data and documents.
Further, from February 2020, auto registration under EPFO is being done for Public and Private Limited Companies and One Person Companies at Ministry of Corporate Affairs registration portal through Spice+ and AGILE-PRO e-forms.
Implementation of EPF & MP Act, 1952 in J&K and Ladakh: Consequent upon implementation of Employees’ Provident Funds and Miscellaneous Provisions Act (EPF & MP Act), 1952 in the UTs of J&K and Ladakh w.e.f. 31st October 2019, EPFO has extended its provident fund, pension and insurance benefits to all employees of existing establishments covered under the erstwhile JK PF Act as well as the employees of newly covered establishments.
Self-generation of UAN by Workers: To ensure coverage of all workers, a facility was launched on 01.11.2019 through which workers can self-generate their Universal Account Number (UAN) for enrolment as members of the social security schemes under EPFO.
UAN Generation through Face Authentication Technology (FAT): In April 2025, EPFO introduced Universal Account Number (UAN) generation and activation using Aadhaar Face Authentication Technology (FAT) through the UMANG Mobile App. This contactless and secure service marks a major leap in providing hassle-free and fully digital experiences to EPFO members.
As a result of these interventions, the new establishment registration and number of contributory members have progressed quite significantly.
Year
2019-20
2023-24
New Establishments
*1,17,064
*2,94,910
* It is seen that there is an increase of 251% in the number of new registrations and coverage of establishments from 2019-20 to 2023-24.
Year
2019-20
2023-24
Avg. no. of Contributing Members
#4,89,21,025
#7,37,39,204
# It is seen that there is an increase of 150% in the number of contributing members from 2019-20 to 2023-24.
The Centralized Pension Payment System (CPPS) marks a major shift by establishing a centralized system, enabling pension disbursement through any bank, any branch across India. It ensures disbursement of pension throughout India without any need for transfer of Pension Payment Orders (PPO) from one office to another even when the Pensioner moves from one location to another or changes his bank or branch.
Project EPFO 3.0 is a significant digital transformation initiative by EPFO, aimed at enhancing services to members and establishments by introducing industry standard Core Banking System enabled services. This initiative is designed to streamline processes and reduce paperwork, making it easier for members to manage their social security accounts, faster claims processing and managing all member services from a single unified platform. Claims which clear the checks and validations for risk management are designed to be processed in auto mode without manual intervention, thereby significantly reducing the time taken for manual settlement from up to 20 days to less than three days.
In order to monitor the effectiveness of these new features in reducing member grievances and processing time, EPFO conducts regular meetings to review the qualitative and quantitative aspects of grievance handling and their resolution through Zonal/Field offices, including, inter alia, the analysis of the root cause of the issues so that matter can be taken up for systemic changes.
This information was given by the Minister of State for Labour and Employment Sushri Shobha Karandlaje in written reply to a question in Rajya Sabha today.
India has achieved a historic milestone in the realm of social protection coverage, recording one of the most significant expansions globally. According to the latest data from the International Labour Organization (ILO), India’s social security coverage has increased from 19% in 2015 to 64.3% in 2025.
To ensure social security coverage of organized sector workers, the following schemes are being implemented by the Employees’ Provident Fund Organization (EPFO).
The Employees’ Provident Funds Scheme, 1952 (EPF);
The Employees’ Pension Scheme, 1995 (EPS);
The Employees’ Deposit Linked Insurance Scheme, 1976 (EDLI).
These schemes are aimed at providing comprehensive social security to organized sector workers by ensuring retirement savings, monthly pension on superannuation/disability, and insurance benefits to dependents in case of death during service.
This Ministry has launched Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) scheme in February 2019 in order to provide old age protection to the workers of unorganized sector. This is a voluntary and contributory pension scheme. Under the scheme, a monthly assured pension of Rs. 3000/- is provided to the unorganized workers after attaining the age of 60 years. The workers in the age group of 18 to 40 years whose monthly income is Rs. 15,000/- or less and not a member of EPFO/ESIC/NPS (government funded) are eligible to join the scheme.
For the first time, the definition of ‘gig workers’ and ‘platform workers’ and provisions related to the same have been made in the Code on Social Security, 2020 which has come into force w.e.f. 21.11.2025.
The Code provides for framing of suitable social security measures for gig workers and platform workers on matters relating to life and disability cover, accident insurance, health and maternity benefits, old age protection, etc. The Code provides for setting up a Social Security Fund to finance welfare schemes. The Code also has provisions to constitute a National Social Security Board for the purposes of the welfare of gig workers and platform workers.
Further, the Ministry of Labour and Employment had launched e-Shram portal on 26.08.2021 for creation of a Comprehensive Centralized National Database of Unorganized Workers including gig workers, platform workers, etc. The e-Shram portal is meant to register and support the unorganized workers by providing them a Universal Account Number (UAN) on a self-declaration basis. The Ministry of Labour and Employment has also launched the e-Shram- “One-Stop-Solution’’ that entails integration of different social security/welfare schemes at single portal i.e., e-Shram. This is envisaged to enable unorganized workers registered on e-Shram to access social security schemes and see benefits availed by them.
So far, fourteen (14) schemes of different Central Ministries/Departments have already been integrated/ mapped with the e-Shram to enhance social security coverage to unorganized workers, such as Pradhan Mantri Street Vendors Atmanirbhar Nidhi (PMSVANidhi),Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Mahatma Gandhi National Rural Employment Guarantee scheme (MGNREGS), Pradhan Mantri Awas Yojana – Gramin (PMAY-G), Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), Pradhan Mantri Awas Yojana – Urban (PMAY-U), Pradhan Mantri Matsya Sampada Yojana (PMMSY), Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), One Nation One Ration Card (ONORC) and Pradhan Mantri Matru Vandana Yojana (PMMVY), etc.
This information was given by the Minister of State for Labour and Employment Sushri Shobha Karandlaje in written reply to a question in Rajya Sabha today.
PDUNASS Conducts Half-Day Workshop on Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016
The Pandit Deendayal Upadhyaya National Academy of Social Security (PDUNASS), New Delhi, today conducted a half-day workshop on the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC), 2016 for Members of the Central Board of Trustees (CBT), Members of the Investment Committee of CBT, and other officers of EPFO. The workshop was organised with the objective of enhancing institutional understanding of insolvency resolution processes and related legal and administrative issues relevant to EPFO.
The workshop was graced by Shri Ramesh Krishnamurthi, Central Provident Fund Commissioner (CPFC) virtually. Ms. Roli Shukla Malge, Financial Adviser & Chief Accounts Officer (FA & CAO), EPFO, also attended the program virtually. Shri Kumar Rohit, Director PDUNASS and Shri M.M. Ashraf, Additional Central P.F. Commissioner were also present. Members of the Central Board of Trustees, members of the Investment Committee, officers from EPFO Head Office and PDUNASS participated in the programme.
Addressing the participants, Shri. Ramesh Krishnamurthi highlighted the significance of a clear and informed understanding of the insolvency resolution framework under the IBC for statutory bodies such as EPFO. He emphasised that timely and well-informed decisions in insolvency-related matters are essential for safeguarding the interests of subscribers while ensuring compliance with the evolving legal framework.
Shri Kumar Rohit elaborated upon the usefulness of such workshop in equipping EPFO’s leadership and decision-makers with clarity, confidence, and contextual understanding in dealing with complex legal and financial frameworks.
The workshop comprised focused sessions on the insolvency resolution framework and legal finality under the IBC, as well as post-resolution recovery, exceptions and administrative closure. The sessions facilitated meaningful deliberations and knowledge exchange among trustees and senior officers on complex and sensitive insolvency-related issues.
The initiative reflects PDUNASS’s continued commitment to capacity building and strengthening the institutional preparedness of EPFO in addressing legal and financial challenges arising under the Insolvency and Bankruptcy Code, 2016.
About PDUNASS
The Pandit Deendayal Upadhyaya National Academy of Social Security (PDUNASS) is the apex training institute of the Employees’ Provident Fund Organisation (EPFO) under the Ministry of Labour & Employment, Government of India. Established in 1990, PDUNASS undertakes training, research and consultancy in the field of social security.
“Governance Is a Moral Contract”: Shashi Tharoor Calls for Humane, Tech-Smart Reform at EPFO’s RGDE Anniversary Session
In a thought-provoking keynote at the 24th edition of Reimagining Governance: Discourse for Excellence (RGDE), Dr Shashi Tharoor urged public institutions to rethink governance as a moral responsibility anchored in dignity, trust and courage.
The session marked the second anniversary and conclusion of Season One of RGDE, an institutional dialogue platform of the Employees’ Provident Fund Organisation (EPFO), hosted under the aegis of the Pandit Deendayal Upadhyaya National Academy of Social Security (PDUNASS). Central Board of Trustees members, officers from EPFO’s field and zonal offices across India, and officials from the Ministry of Labour and Employment joined the commemorative session.
Governance Beyond Compliance
Dr Tharoor described governance as “a moral contract between the State and its people,” stressing that transparency, accountability, participation and rule of law must operate alongside efficiency and empathy.
He cautioned against confusing digitisation with reform. “We must not merely digitise inefficiency; we must redesign it,” he said, advocating sustained Government Process Re-engineering and simplification of procedures.
Highlighting a paradox of modern administration, he observed that even in an age of vast digital capability, citizens are often repeatedly asked to prove identity and eligibility. Governance, he suggested, must move toward integration and seamless service delivery that spares citizens avoidable procedural hardship.
Grievance redressal systems, he said, are not favour-granting platforms but instruments of democratic respect. Public service delivery must be rooted in dignity, empathy and institutional trust.
He also emphasised the need for scientific temperament in governance, evidence-based policy, data-driven review and reasoned judgment while cautioning that knowledge without ethics risks distancing institutions from the people they serve.
His concluding line resonated strongly: “When governance becomes truly just, citizens cease to feel governed; they begin to feel cared for.”
Ideas to Action
Launched on Good Governance Day in December 2024, RGDE was conceived as a reflective forum to examine governance beyond routine compliance. Over two years, its conversations have translated into institutional outcomes within EPFO, including the “Compassion in Governance” module inspired by Nobel Laureate Kailash Satyarthi, process simplification exercises drawing from public policy discussions, strengthened ethics training, and a forthcoming joint diploma programme in Labour Law and Social Security in collaboration with Gujarat National Law University.
Central Provident Fund Commissioner Ramesh Krishnamurthy reaffirmed EPFO’s commitment to citizen-centric and technology-enabled service delivery. Kumar Rohit, Director PDUNASS, highlighted how RGDE has strengthened ethical capacity and reflective leadership within the organisation.
The session concluded with an interactive exchange moderated by Uttam Prakash, Regional PF Commissioner and curator of RGDE. In a lighter moment, when asked whether Artificial Intelligence might one day replace politicians, Dr Tharoor quipped that while AI can process data and analyse trends, it cannot replicate human judgment, moral choice or democratic accountability.
With this anniversary session, RGDE formally concludes Season One. Season Two is expected to return with renewed design and deeper engagement, continuing the effort to strengthen governance that is accountable, technologically capable and fundamentally humane.
