EPFO members can soon withdraw their provident fund directly from bank accounts using UPI. This new facility is expected to ...
If you have ever tried to withdraw money from your EPF account, you probably remember the feeling. You were technically allowed to take the money out, but the process made you wonder if it was worth ...
One of the biggest changes under EPFO 3.0 is the ability to withdraw PF funds through UPI or directly from an ATM.
Currently, EPFO members must apply manually to withdraw funds, a process that can be time-consuming. The organisation already operates an auto-settlement system for claims under Rs 5 lakh, which ...
EPFO Update: PF withdrawal via UPI to be a reality soon – Check step-by-step guide to withdraw money
A major digital revamp for the Employees’ Provident Fund Organisation (EPFO) is set to take place with the rollout of EPF 3.0. The new system is reportedly expected to be introduced later this year ...
The source stated that members will be able to use their linked UPI PIN to complete transactions, ensuring secure and seamless transfers.
The labour ministry and EPFO are currently addressing software and system integration challenges. If implementation proceeds as planned, the UPI-based withdrawal facility could be available by April, ...
The Employees’ Provident Fund Organisation (EPFO) is ready to roll out a new phase of reforms, termed EPFO 3.0. These changes include a complete overhaul of its website to make it more user-friendly.
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EPFO new rule: Withdraw up to ₹1 lakh PF advance in just 3 days — know the complete process
The Employees’ Provident Fund Organisation (EPFO) has introduced a major relief for its millions of subscribers by simplifying and speeding up the PF advance withdrawal process. With the new ...
Over 8 crore contributing members of the retirement fund body Employees’ Provident Fund Organisation (EPFO) will soon be able ...
Employees' Provident Fund Organisation has updated its withdrawal rules. The auto-settlement facility now processes claims ...
As the serviceable tenure is less than 5 years, your withdrawal will be taxable. You can expect a TDS of 10% on that but ...
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