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 ...

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 Labour Ministry is reportedly developing a system allowing eight crore EPFO members to directly withdraw their money ...

The labour ministry and EPFO are currently addressing software and system integration challenges. If implementation proceeds ...

The proposed rollout of the new facility comes after the EPFO announced liberalising of its withdrawal norms after its Board ...

The source stated that members will be able to use their linked UPI PIN to complete transactions, ensuring secure and seamless transfers.

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 ...