One of the biggest changes under EPFO 3.0 is the ability to withdraw PF funds through UPI or directly from an ATM.
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 ...
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PF Withdrawal Without Documents: New EPFO Update Enables Paperless Claims via OTP or Face Verification
Now Withdraw PF Money Without Any Documents — Step-by-Step Guide to EPFO’s Paperless Claim Process The Employees' Provident Fund Organisation (EPFO) has taken a significant step towards simplifying ...
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 ...
The updated rules also permit access to a larger portion of PF funds. Withdrawals can now include both employee and employer contributions, along with accrued interest. In many cases, members can ...
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 ...
E-commerce platforms such as Blinkit have been directed to drop claims of 10-minute deliveries after Union Labour Minister Mansukh Mandaviya asked them to prioritise the safety of delivery partners.
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.
Overview Changing jobs often leads to multiple PF accounts. Learn why merging PF accounts online is crucial for service continuity and tax-free withdrawals.PF w ...
Employees' Provident Fund Organisation has updated its withdrawal rules. The auto-settlement facility now processes claims ...
Under this system, a member can generate and activate their UAN on their own by verifying their identity using face authentication. This eliminates the need for employer involvement at the first stage ...
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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