The Employees Provident Fund Organization (EPFO) has given great news to its crores of account holders. The Modi government has made several important changes in the rules of EPFO, which will prove to be convenient and beneficial for PF account holders. The purpose of these changes is to simplify the EPF process, increase transparency and secure the future of employees. Let’s know in detail about these new rules.
Overview of EPFO New Rules 2025
| Name of rules | Description |
| PF ATM Card Facility | ATM card facility will be available to withdraw money from PF account. |
| Contribution in limit | Permission for PF contribution based on actual salary. |
| Equity investment limit | New possibilities of investing EPF funds in equity. |
| Application for high pension | The pension application process was intensified and simplified. |
| It infrastructure upgrade | Technical improvements to improve online services. |
| Interest rate stable | 8.25% interest rate intact for FY 2024-25. |
PF ATM Card Facility (PF ATM Card Facility)
EPFO has decided to issue ATM cards to its account holders. With this facility, employees will be able to withdraw 24 × 7 paise from their PF account. Till now, a long process was faced to extract PF, but this change would make this process extremely easy.
Main Benefits:
- Immediate withdrawal: No longer need to go to the bank or office.
- Time savings: The time taken to withdraw money will be less.
- Convenient process: Money can be withdrawn from any ATM.
Employee Contribution Limit contributes
EPFO has made major changes in the boundary of PF contribution of employees. Earlier PF contribution was made on basic salary of only ₹ 15,000, but now it will be decided on the basis of real salary.
The effect of this change:
- Employees will be able to deposit a large amount till their retirement.
- You will get a chance to get high pension.
- Financial security will be strengthened.
Example:
If the basic salary of an employee is ₹ 50,000, now he can contribute PF according to his entire salary.
Equity investment limit will increase (Equity Investment Limit)
EPFO is now planning to invest its funds in equity. This step will help account holders to get more interest on their deposited money and increase funds.
What is going to change?
- The EPFO will now invest money in other stocks and investment options besides the Exchange Traded Fund (ETF).
- This will give better returns to the account holders.
Higher Pension Application Process for Higher Pension
EPFO has decided to simplify the application process to get high pension. Companies have been given the last date for uploading the salary details of employees on the EPFO portal till 31 January 2025.
Important things:
- The application process will speed up.
- Employees will get their pension amount soon.
- Transparency will increase.
IT Infrastructure Upgrade
EPFO is upgrading its IT system so that most of the work can be done online. This will give the account holders settled their claims quickly and will reduce manual intervention.
Benefit:
- Online services will be more effective.
- Complaints and claims will be settled rapidly.
Interest rate stability
8.25% interest rate on EPF deposits for FY 2024-25 has been retained. This will ensure good returns to account holders on their deposits.
Importance of this decision:
- Financial security for the future will be strengthened.
- The benefits of social security schemes will increase.
Disclaimer:
This article is based on new rules declared by EPFO. However, the final implementation of these rules will be decided by the government and the departments concerned. If you want to take advantage of these features, get information from the concerned department or expert.
Is this update real?
This news is completely real and is based on the new rules declared by EPFO. However, to take full advantage of these facilities, you must stay updated on time.
