Good news for EPFO members, Govt likely to increase auto-settlement claim limit from ₹1 lakh to ₹5 lakh: Report

The Employees’ Provident Fund Organisation (EPFO) has made a significant move to enhance the convenience and efficiency for Provident Fund (PF) members by raising the auto-settlement limit for advance claims from ₹1 lakh to ₹5 lakh. This change, approved during a recent meeting of the Central Board of Trustees (CBT), is set to benefit millions of EPF account holders.

Source: https://epfopension.com/govt-likely-to-increase-auto-settlement-claim-limit-from-1-lakh-to-5-lakh/