PF Transfer New Rule, Sept. 20 -- The Employees Provident Fund Organisation (EPFO) will now allow professionals to transfer their PF balance from the previous employer more easily to a new updated account of their current employer.

Earlier, employees used to find it difficult to transfer their PF accumulations from their previous employer to a new provident fund account when they join a different company.

However, with the new PF transfer rule, the experience is going to be simple and seamless.

On September 18, a circular from the Union Labour Ministry notified new PF rules.

Until now, Annexure K was only shared between PF offices and was made available to members only on their request. A reform has been introduced that now enables me...