New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved raising the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) from Rs 15,000 to Rs 25,000 per month. The move is expected to bring over 51 lakh additional employees under mandatory EPFO coverage, expanding access to provident Read More…
Tag: EPFO
EPFO Subscribers to Soon Withdraw Funds via ATMs in Major IT Infrastructure Upgrade
In a groundbreaking move for EPFO subscribers, the Ministry of Labour is set to introduce a new feature that will allow members to withdraw their provident fund (PF) money directly from ATMs. As part of the upcoming EPFO 3.0 initiative, subscribers will be issued EPFO-specific ATM cards, enabling them to access up to 50% of Read More…


