EPFO: These changes related to EPFO ​​can be implemented in the new year, the facility of withdrawing PF money from ATM can start

Crores of employed people in the country have PF accounts. The money deposited in the PF account works to secure the future of employed people at the financial level after retirement. The new year 2025 is going to start from tomorrow. The new year brings many new changes. The Employees Provident Fund Organization (EPFO) can implement many big changes in the rules related to EPFO ​​from the new year. These changes will affect crores of PF account holders in the country. The purpose of the rules that EPFO ​​​​can change next year is to provide more convenience to crores of PF account holders. This will help in managing their retirement fund in a better way. In this episode, let us know which rules of EPFO ​​​​can be changed from the new year.

Facility will be available in withdrawing PF money from ATM
EPFO ​​has talked about giving a special type of ATM card to its members. With this ATM card, EPFO ​​subscribers will get the facility of 24/7 fund withdrawal. This facility of withdrawing PF money from ATM can start in the financial year 2025-26.

Change in contribution limit
The contribution limit of PF account holders may change next year. Currently, the employee contributes 12 percent of his basic salary to the EPF account.

The government is considering giving contribution on the basis of the actual salary of the employee. This will enable employees to collect more money at the time of retirement and they will also get more pension every month.

Facility to invest in equity
From next year, EPFO ​​​​subscribers can invest in equity. EPFO ​​​​is considering allowing its subscribers to invest in equity. This will enable PF account holders to manage their account more effectively. Due to this change, the possibility of getting more returns may increase.