To make life easier for employees, the government has announced several important changes to the Employees’ Provident Fund Organisation (EPFO) rules. The government claims these steps are aimed at improving the ‘ease of living’ for members. However, these decisions include one change that has become a source of concern for millions of EPFO members. The timeline for premature final settlement of EPF and pension fund has been revised.

Several important decisions taken at the CBT meeting

The 238th meeting of the Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) was held in New Delhi on Monday under the chairmanship of Union Labour and Employment Minister Mansukh Mandaviya. The meeting decided to simplify and liberalize the rules for partial fund withdr

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