It is a scheme where both employees and employers contribute a portion of the employee's basic salary to a long-term savings ...
Beyond faster withdrawals, the EPFO has also expanded the scope of fund usage. Members can now withdraw funds for housing, ...
EPFO reforms simplify pension disbursement, enable instant PF withdrawals via UPI, and expand employment incentives.
EPFO is raising the auto-settlement limit for PF withdrawals to Rs 5 lakh, making the process faster and easier. Find out how it works and the benefits of the new system.
The increase in auto settlement limit for PF withdrawal is expected to enhance the ease of living for crores of members. The ...
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EPFO plans to raise the auto-settlement limit for PF withdrawals from Rs 1 lakh to Rs 5 lakh, streamlining claims with IT ...
The Finance Ministry said this comprises 2.93 million ... state the total percentage of EPF members that have done transfers to Account 3, the total amount of withdrawal and the impact of the ...
In an aim to improve efficiency and reduce transaction time,, the Employees’ Provident Fund Organisation (EPFO) is set to ...
EPFO will soon allow PF withdrawals via UPI and ATMs by May/June 2025, making the process faster, easier, and more accessible for members.
The Employees Provident Fund Organization (EPFO) has raised concerns regarding the increasing trend of young subscribers ...
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In a bid to streamline its operations further, the EPFO has automated claims under various categories such as illness, ...
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