Overview

• EPFO's revamped Form 13 software enables instant transfer of Provident Fund accounts upon approval at the source office, bypassing the need for employer or destination office approval.
• The updated system separates taxable and non-taxable PF components, improving accuracy in TDS calculations for members' savings.
• Over 1.25 crore members are expected to benefit annually, with the reforms facilitating the transfer of approximately ₹90,000 crore in funds.
• A new bulk UAN generation feature allows accounts to be created without Aadhaar, with frozen status maintained until Aadhaar seeding for security purposes.
• These changes aim to enhance service efficiency, reduce member grievances, and align with broader national digitization and ease-of-living initiatives.