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EPFO board to take up CITES on July 25: Meet to ratify key provisions; CBT to discuss automatic transfers, simplified withdrawals
The Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meeting will ratify crucial elements of the new centralised IT project. The CITES project aims to significantly enhance services for millions of subscribers. Simplified rules for partial withdrawals and automatic PF transfers are expected. Easier access to member information will also be a key benefit.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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PF interest for FY26 being credited; passbook balance to be updated by July 15
EPFO is processing annual interest for FY 2025-26, with balances updated by July 15. This faster credit cycle is enabled by the new CITES 2.01 digital platform. The government…
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EPFO to transfer Rs 1.4 lakh cr in interest to 340 million members by July 15
The Employees' Provident Fund Organisation will auto-process 8.25% interest for FY26 by July 15. This credit will be applied to nearly 340 million members' accounts. A new CITES…
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EPFO board to take up CITES on July 25: Meet to ratify key provisions; CBT to discuss automatic transfers, simplified withdrawals
The Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meeting will ratify crucial elements of the new centralised IT project. The…
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EPFO update: 10 key changes new centralised system brings to EPF, EPS subscribers - The Economic Times
EPFO has centralized its member database for faster and smoother service delivery. Annual interest for FY 2025-2026 will be credited by July 15, 2026. Advance withdrawal…