EPFO News: From gig workers to the self-employed, everyone will now get PF benefits; a game-changer for their future

EPFO News: If you are into freelancing, gig work, or running your own business, there is good news for you. The EPFO ​​is working on a new proposal that, once implemented, will allow these individuals to invest in the Provident Fund (PF).

EPFO News: While most people currently sustain their households through 9-to-5 jobs, a large number of people now prefer freelancing, gig work, or running their own businesses over traditional employment.

Salaried employees enjoy the facility of saving for the future through PF, whereas it is often difficult for the self-employed to build a substantial retirement corpus. If you do not hold a traditional job, take note: the EPFO ​​is working on a proposal that will enable freelancers, gig workers, and business owners to voluntarily invest in the PF.

What is the EPFO's new proposal?