Previously, individuals had to navigate multiple forms—15G and 15H—causing confusion and delays. By consolidating these into one form, the EPFO aims to streamline compliance processes and enhance user experience.

Key details about Form 121:

• It serves as a self-declaration form specifically for claiming TDS exemptions.
• This update is part of broader digital services that the EPFO is rolling out.
• A new portal called E-PRAAPTI will also be launched to help members trace and link old or inactive PF accounts.

But that’s not all. The minimum pension under the Employees’ Pension Scheme (EPS-95) currently stands at ₹1,000 per month. Labour unions are advocating for an increase to ₹7,500. The Central government contributes over ₹950 crore annually to maintain this minimum pension level.

Discussions regarding potential adjustments to the minimum pension are ongoing, indicating that changes may come soon. Labour Minister Mansukh Mandaviya stated, “Discussions related to the proposal are underway, and a decision could be announced soon.” This highlights the government’s responsiveness to worker needs.

The E-PRAAPTI portal will allow users to access legacy accounts and complete UAN seeding without needing employer intervention—a vital step toward greater autonomy for employees managing their provident funds.

As these changes roll out in 2026, many will be watching closely. Will they ease the burden on employees seeking their rightful benefits? The answer lies in effective implementation and user engagement with these new systems.

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