There was a big question among the employees regarding the new Labor Codes 2025 – will this reduce your In-Hand / Take Home Salary? The Ministry of Labor & Employment has clarified that PF (Provident Fund) deduction will still be based on the statutory ceiling of ₹15,000 and there will be no change on take-home salary. The 12% deduction in PF will remain the same at ₹ 1,800 as before, and if you want, you can make extra contribution through Voluntary PF (VPF). Say the salary of an employee is ₹60,000 — PF deduction will be ₹1,800 + ₹1,800 in both the old and new codes and the take-home salary will remain the same. However, in some cases, the build-in structure may change due to rules such as increasing the basic salary by more than 50%.

Employed people in India contribute to the Provident Fund Retirement Fund, a social security scheme run by EPFO, for their future. This fund provides financial help to the employee in emergency. Whereas in PF, the contribution of both the employee and the employer is included. At present the government gives 8.15 percent interest on PF account. At the same time, money can also be partially withdrawn from the PF account if needed. You can withdraw money from PF account to repay the loan, in case of any emergency or even for your marriage. In such a situation, let us now tell you how much money you can withdraw from your PF account for your wedding and what the EPFO ​​rules say about it.

for the wedding How much money can be withdrawn from PF account?

• According to the rules of Employee Provident Fund Organization, an employee can withdraw money from the PF account to spend on his own wedding. However, to withdraw money from the PF account for one’s own marriage, the employee has to fulfill certain conditions.
• To withdraw money from PF account for one’s marriage, an employee has to complete at least 7 years of service.
• Apart from this, the employee can withdraw only 50 percent of the total amount deposited in the PF account for his marriage. An employee cannot withdraw the entire amount from the PF account at once for marriage.
• Employees can withdraw money from their PF account for their own marriage and the marriage of their family members. However, for this, permission is given to withdraw 50 percent of the money deposited in the account only three times.

How to withdraw money from PF account?

1. To withdraw money from PF account, first of all you have to go to the official website of EPFO ​​https://unifiedportalmem.epfindia.gov.in/memberinterface.
2. After this, you will have to login to the website by entering UAN number and password.
3. Now you will have to go to the online service and select the claim option.
4. After this, after entering the last four digits of the bank account number and signing the certificate, you will have to click on Proceed to Online Claim.
5. Now you have to enter the number you want to withdraw and upload the scanned copy of bank passbook or cheque.
6. Claim has to be submitted after address verification and entering OTP.
7. Once the claim is submitted and the employer’s permission is received, the money will be transferred to your account.

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There are crores of people in our country who are engaged in some job and whose salary is deposited in the provident fund i.e. PF account from every month’s salary. This money is deposited for the future so that when the person leaves the job or retires, he has some economic security. PF account is actually a kind of long term survival savings, in which both employees and employees put money. This money is safe with EPFO and it is invested by the government in safe places like government bonds etc. But people are often confused about whether they can withdraw money from PF account in emergency or how much and how can they withdraw money from PF account in emergency.

Can PF account in Emergency withdraw money?

According to the rules of EPFO, you can withdraw money from PF account in certain reasons. For example, you can withdraw money for medical emergency, home to build or buy, for marriage or study and when you are uniped for more than 2 months.

How much money can you withdraw from PF account in Emergency?

The amount of withdrawing money from PF account in Emergency depends on how many years you have deposited in PF and for what reason you are withdrawing money. For example, you can withdraw some percentage of money deposited in medical emergency, you can also withdraw up to 90 percent of the deposits for the house. EPFO sets different limits for every reason.

Easy process to withdraw pf money

To withdraw money from PF account in Emergency, go to the official website of EPFO and login to the universal account number, password and captcha in it. If your UAN is not activated, first activate it. After login, click on the Online Services tab seen above on the screen. Click on Form 31, 19, 10 C option in Claim here. Now your bank details will appear. Verify them and then click on Proceed for Online Claim.

Now you will be asked which form you want to fill, like PF Advance Form 31. Then you have to tell why you want to withdraw money like disease, home, marriage. After this you have to tell how much money you want to withdraw. Now after filling all these things, upload a copy of the bank passbook or a photo of cancell check. At the same time, give your consent in the last and verify Aadhaar OTP. When all the information is filled correctly and the document is cleared, the money is usually transferred to your bank account within 3 to 7.

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Employees Provident Fund is a popular retirement saving scheme for employees. It contributes to the employee and employer (the person or institution who hits a person and gives them salary or wages). Every month, some amount is cut off from your salary and accumulates in this fund, and interest is also available on it. After retirement, they have a support for employees, which they use according to their needs. The special thing about EPF is that at the time of retirement, one gets a lump sum and if the employee dies, then the person who has made a nominee in it gets the full amount. Let us tell you why it is necessary to get e-nomination in EPF and what is the benefit from it?

Why e-nomination is necessary?

If you get e-nomination in EPF, then it is very easy to take advantage of all the facilities related to EPF. If there is any kind of accident with you and you die in it, then your PF and pension money gets directly to the nominee. At the same time, online helps immediately through easy claim without any trouble or office. The nominee, who takes the benefit of pension, does not need to show repeated certificates to get pension. The person you have made a nominee, is given the benefit of all facilities safely and without any hassle. If you want that the person you have nominated in the future has no problem, then it is very important for you to take e-nomination in EPF. For this, you can register by visiting the website of labourministry.

How to do e-nominations through EPFO ​​portal?

To enroll, you have to go to the EPFO ​​Member E-Siwa portal. From there you have to login with UAN and password. After this, go to the ‘Manage’ tab for e-nomination and click on ‘E-Nomination’. Go to ‘Enter New Nomination’ and give family information. Choose Yes/NO from here. After this, upload and save the information of the nominee, photo. Enter the share percentage and save EPF nomination. E-sign by going to ‘Pending Nomination’. In the last you have to confirm with OTP by entering Aadhaar virtual ID. You can add more than one nominee to it and how much their share will be different can also be separated.

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EPFO 3.0: The Employees Provident Fund Organization (EPFO) will soon launch its new platform EPFO ​​3.0. Through this strong IT platform, facilities like bank will be provided to members. Union Labor and Employment Minister Mansukh Mandavia said last month that this new system will be operational between May to June 2025.

More than 9 million subscribers benefit

He had said that EPFO ​​3.0 would be such a trusted platform, which will provide many new facilities to its more than 9 crore subscribers without any hassle. For example, the settlement of the claim will become automatic, digitally mistakes will be improved and most importantly you will be able to withdraw PF money directly from the ATM, as the money kept in the bank account is withdrawn from the ATM. Today we are going to tell you through the news that which new changes are going to happen in EPFO ​​3.0-

• The process of withdrawing PF money will be easier and faster than ever. Claim settlement will also be done on its own, there will be no need to work manually.
• After the claim is approved, you will be able to withdraw money directly from the ATM like a bank account.
• You can improve any information given in your account online from home, which will end the mess of filling the form.
• The EPFO ​​is now considering to include other social security schemes like Atal Pension Yojana and Pradhan Mantri Jeevan Bima Yojana in its system so that unorganized and informal sector workers can also get better benefits of pension and security.
• Now instead of filling a long form, you will be able to make necessary changes in a quick and safe manner through OTP.

Apart from this, the EPFO ​​has also introduced the Centralized Pension Payment System (CPPS) to provide better facilities to the pensioners. Under this, pension amount can be obtained from any branch of any bank in the country. This step will facilitate pensioners.

Esic health services

Employees State Insurance Corporation (ESIC) is also upgrading its facilities. Soon the beneficiaries of ESIC will be able to avail free treatment in government, private and charitable hospitals under Ayushman Bharat Scheme. Currently, ESIC 165 is providing medical facilities to 18 crore people through hospitals.

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Think what you will do if you suddenly need five lakh rupees. Let us tell you that you can withdraw this amount from your PF account in a few clicks, then you may not be sure, but the Employees Provident Fund Organization (EPFO) has made it easy. Giving great relief to 7.5 crore members of the country on behalf of EPFO, the auto settlement limit of PF withdrawal has been increased to Rs five lakh.

Earlier, the auto settlement limit of PF withdrawal was only one lakh rupees, which has now been increased. With this, EPFO ​​has reduced the claim settlement from 10 days to 3 to 4 days. That is, within three to four days of claim, this money will be transferred to your account.

Auto claim will be able to do marriage, studies and buying homes

EPFO has given another major relief to its members. Earlier, the auto claim which was available only for disease or hospital expenses, now you will be able to claim auto from your PF account to buy marriage, study and home. It has been told by the EPFO ​​that the PF claim rejector rate has also declined, earlier the claim which used to be 50 percent rejected has come down to 30 percent.

5 lakh rupees will come out without documents

Let me tell you, there is an automated software system in the Auto Settlement of Advance Claim Provident Fund. Under this, you can claim settlement without manual examination. Earlier its limit was one lakh rupees, which has now become five lakh rupees. That is, if you are verified with KYC EPFO, then you can transfer money from PF account to your account in 3 to 5 days. You will not need any document for this.

PF money can also be withdrawn from UPI and ATM

The EPFO ​​members of the country are going to get another big facility soon. Now you will be able to withdraw money from your PF account from UPI or ATM and get information about balance. Its limit is up to one lakh rupees. This facility may begin in the last or early June.

Auto claim can be removed like this

To withdraw money from PF account, first you have to go to the official website of EPFO ​​https://www.epfindia.gov.in. Here you will be asked for your UAN number and password. After logging in, you have to verify your account and click on Proceed for Online Claim. Here you have to select the advance form 19 and fill the full details. After this, you have to verify your account number and submit the form later. After the process is completed, money will come to your account in a few days.

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