LatestCorporate Compliance 3 July 2026
EPFO Updates Rules
The Employees' Provident Fund Organisation has revised its rulebook to reduce bureaucracy and promote digitization, these changes are expected to make it easier for members to access their accounts and for the organization to operate more efficiently, the new rules also include provisions for penal interest rates which were previously linked to the declared EPF interest rate
The Employees' Provident Fund Organisation has made significant changes to its rulebook. *Key Updates:*
- Reduced red tape to improve efficiency
- Promoting digitization to make it easier for members to access their accounts
- New provisions for penal interest rates, which were previously linked to the declared EPF interest rate.
The new rules are expected to benefit members and make the organization more efficient.
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