Labour Reforms for Greater Flexibility
- The EPFO is planning to launch EPFO 3.0, aiming to simplify PF withdrawal rules and reduce settlement timelines from 20-30 days to just 72 hours.
- Below are some expected features of EPFO 3.0:
*\t
EPFO 3.0 Features
\t#
* Slightly higher interest rates for employees
\t* Extension of compulsory retirement benefits for contractual workers
* What this means for you: With these anticipated reforms, PF services might become more user-friendly, and settlement timings may be significantly reduced, allowing you to deposit and withdraw funds quickly.
However, experts caution that safeguarding policies and tangible protections are crucial.
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**The Case For A Comprehensive Paternity And Parental Leave Framework In India** \[https://www.mondaq.com/india/employee-rights-labour-relations/1806266/towards-equal-caregiving-the-case-for-a-comprehensive-paternity-and-parental-leave-framework-in-india"
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