
EPFO enhances auto-settlement limit for advance claims to Rs 5 lakh
The announcement was made in response to a question in the Lok Sabha, with Minister of State for Labour and Employment Sushri Shobha Karandlaje confirming that the new limit is intended to accelerate claim settlements under the Employees' Provident Fund Scheme. The move is designed to improve digital service efficiency and reduce processing time, especially during medical emergencies, job loss, or unforeseen personal crises.
Officials emphasized that the increase is part of EPFO's ongoing efforts to streamline member services under its digital transformation initiatives. According to the current protocol, advance claims of up to Rs 5 lakh will be automatically processed for eligible members, reducing delays and minimizing paperwork.
In a written reply to an Unstarred Question raised by MPs D.K. Aruna, Chamala Kiran Kumar Reddy, and Eatala Rajender, the Minister clarified that no violations or procedural complaints have been reported so far. This indicates a smooth implementation of the enhanced system across beneficiary states including Andhra Pradesh, Telangana, Bihar, and Kerala.
The Ministry reaffirmed its commitment to resolving grievances and improving ease of access for EPFO members. With over 27 crore subscribers nationwide, this update is expected to positively impact lakhs of beneficiaries by offering financial flexibility and reducing reliance on manual approvals.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
3 minutes ago
- Mint
Current agri loans over ₹28 lakh crore, but no waiver plan: Govt
The Centre has informed that agricultural loans worth over ₹ 28.5 lakh crore are outstanding but ruled out any plans for a waiver, minister of state in the ministry of finance Pankaj Chaudhary said in response to a question in Lok Sabha on Monday. Responding to Parliamentary questions by Lok Sabha MPs Supriya Sule (Nationalist Congress Party – Sharadchandra Pawar, Maharashtra), Hanuman Beniwal (Rashtriya Loktantrik Party, Rajasthan) and others, the Ministry of Finance informed Monday that outstanding agricultural loans stood at ₹ 28,50,779.43 crore as of March 31, 2025. These are due from 1,762.96 lakh accounts. 'No proposal to waive off the outstanding agricultural loans, is under consideration with Union Government,' the government said. Meanwhile, it is important to note that farmer loans are different from other categories of lending such as personal loans but lately the stance of cooperative banks to insist on credit score for approval of loans has rattled farmers no end. Read this Livemint for details on this. However, it added that several measures have been taken 'to provide relief and to improve the economic conditions of the farmers which inter-alia includes timely and adequate credit through Kisan Credit Card (KCC) under which crop loan up to ₹ 3 lakh is provided at subsidized interest rates under the Modified Interest Subvention Scheme (MISS) with additional incentives for timely repayment, fixation of progressively increased agricultural credit target, issuance of revised Priority Sector Lending guidelines to ensure improved credit flow to the agricultural sector etc.' The top five states in terms of outstanding agricultural loans are Tamil Nadu: ₹ 4,03,367 crore; Andhra Pradesh: ₹ 3,08,716 crore; Maharashtra: ₹ 2,60,799 crore; Uttar Pradesh: ₹ 2,28,560 crore; Karnataka: ₹ 2,22,301 crore. State Loans ( ₹ crore) Rajasthan 1,87,322 MP 1,62,385 Kerala 1,52,198 Telangana 1,44,346 Gujarat 1,44,330 Punjab 1,04,353 (Source: Other states with dues in excess of ₹ 1 lakh crore are Rajasthan: ₹ 1,87,322 crore; Madhya Pradesh: ₹ 1,62,385 crore; Kerala: ₹ 1,52,198 crore; Telangana: ₹ 1,44,346 crore; Gujarat: ₹ 1,44,330 crore; Punjab: ₹ 1,04,353 crore. Apart from Sule and Beniwal, the questions were put up by NCP-SP MPs from Maharashtra: Bhaskar Murlidhar Bhagare, Nilesh Dnyandev Lanke, Mohite Patil Dhairyasheel Rajsinh, Dr Amol Ramsing Kolhe, and Bajrang Manohar Sonwane, Shiv Sena (Uddhav Balasaheb Thackrey) MP from Maharashtra Sanjay Dina Patil, and Congress MP, Prof Varsha Eknath Gaikwad, also from Maharashtra. The MPs had also asked 'whether there is any correlation found between outstanding agricultural loans and incidence of farmer suicides in states like Maharashtra and if so, the data available with the Government on such cases during the last five years.' The government said that the National Crime Records Bureau (NCRB) publication 'Accidental Deaths and Suicides in India' is available till the year 2022 but that it does not specify separate reasons for farmer suicides. The MPs had also asked 'whether any specific categories of farmers marginal, small, tenant, SC/ST are more burdened with outstanding loans and if so, the details thereof' to which the government said that 'NABARD All India Rural Financial Inclusion Survey (NAFIS) for the period of 2021-2022 indicates a generally positive relationship between landholding size and household indebtedness, with the proportion of indebted households increasing as land size increases, up to 1 hectare. Beyond this threshold, a marginal decline in the incidence of indebtedness is observed among households with larger landholdings.' Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.


Time of India
6 minutes ago
- Time of India
Anti-doping amendment bill tabled in Lok Sabha by Sports Minister Mansukh Mandaviya
Sports Minister Mansukh Mandaviya introduced the National Anti-Doping (Amendment) Bill, 2025, in the Lok Sabha, aiming to grant greater operational independence to NADA, as mandated by WADA. The bill retains the National Board for Anti-Doping in Sports but removes its jurisdiction over the NADA appeals panel. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Sports Minister Mansukh Mandaviya on Wednesday tabled the National Anti-Doping (Amendment) Bill in the Lok Sabha, providing greater " operational independence " to the country's Anti-Doping Agency (NADA) as prescribed by WADA The contentious National Board for Anti-Doping in Sports has been retained but it would no longer have the NADA appeals panel under its jurisdiction as was the case in the original act passed in act could not be implemented as WADA (World Anti-Doping Agency) objected to "government interference" in the NADA's functioning."The National Anti-Doping (Amendment) Bill, 2025, seeks to enhance institutional and operational independence of the National Anti-Doping Appeal Panel and the National Anti-Doping Agency to ensure autonomy in their decisions pertaining to operations, investigations and enforcement activities," stated the bill's Board was previously empowered to constitute the appeal panel and "oversee the activities" of NADA. This provision has been done away with in the amended bill which asserts NADA's autonomy."The Director General or any other staff member of the Agency shall have operational independence from any National Sports Federation, International Federation, National Olympic Committee, National Paralympic Committee or any Government department or agency with responsibility for sport or anti-doping," the amended bill states.A day before the bill's introduction, a sports ministry source had told PTI that amendments were necessary to ensure that India does not end up being suspended by WADA."If we had implemented the 2022 act, it would have invited a ban from WADA. Our lab would have been derecognised. So, the changes were necessary," the source had said.


India.com
6 minutes ago
- India.com
Bad news for Flipkart, ED files complaint against Myntra in Rs 16540000000 alleged violations of…
The Enforcement Directorate (ED) has filed a complaint under the Foreign Exchange Management Act (FEMA), 1999, against Myntra Designs Private Limited, its associated entities, and directors over alleged violations totaling Rs 1,654.35 crore, the agency announced on Wednesday. The action was initiated by ED's Bengaluru Zonal Office following credible information that Myntra Designs Private Limited (Myntra) and its related companies are doing Multi Brand Retail Trade (MBRT) in the guise of 'Wholesale Cash & Carry', allegedly in violation of the extant FDI Policy. ED's Investigation Against Myntra ED said its investigation under the provisions of FEMA, 1999 revealed that 'Myntra Designs Pvt Ltd had declared that they were engaged in the business of 'wholesale cash & carry' and invited and received FDI from foreign investors equivalent to Rs 1654,35,08,981 and that they sold majority of their goods to Vector E-Commerce Pvt Ltd (who sold the goods in retail to the ultimate customer).' 'That Vector E-Commerce Pvt Ltd and Myntra Designs Pvt Ltd are related parties and belong to the same group or group of companies,' said the agency. It further said that Vector E-Commerce Pvt Ltd was created and continued to be used as a corporate entity to bifurcate the B2C (business to customer i.e. Myntra Designs Pvt Ltd to retail customers) transaction into B2B (Myntra Designs Pvt Ltd to Vector E-Commerce Pvt Ltd) and then B2C (Vector E-Commerce Pvt Ltd to retail customers). ED investigation also revealed that Myntra Designs Pvt Ltd was actually carrying out multi-brand retail trading in the guise of 'wholesale cash & carry'. 'Even otherwise, Myntra Designs Pvt Ltd have not satisfied the condition laid down for 'wholesale cash and carry trading' as they have made cent per cent sales to Vector E-Commerce Pvt Ltd which is in contravention of amendment dated April 1, 2010 and October 1, 2010 which permitted only 25 per cent sale to companies belonging to the same group or group companies.' As per the ED, Myntra Designs Pvt Ltd and others have contravened the provisions as per section 6(3)(b) of the Foreign Exchange Management Act, 1999 and Consolidated FDI Policy dated April 1, 2010 and consolidated FDI Policy dated October 1, 2010 to the tune of Rs. 1654,35,08,981. (With Inputs From ANI)