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 ...

The updated rules also permit access to a larger portion of PF funds. Withdrawals can now include both employee and employer ...

​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 ...

PF Withdrawal Through UPI: A major relief is in store for millions of PF account holders in the country. Soon, PF withdrawals ...

Employees' Provident Fund Organisation has updated its withdrawal rules. The auto-settlement facility now processes claims faster, often within three to four days. Withdrawal limits have increased to ...

Under the new plan, EPFO members will first need to connect their PF account with UPI. This will happen through a bank account that is already linked with Aadhaar. Once the linking is done, the member ...

In a major relief for salaried employees, EPFO is set to introduce UPI-based Provident Fund withdrawals by April. The new system will allow members to transfer PF money directly to their linked bank ...

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.

The eligibility of applicants under the EDLI Scheme of 1976 has been relaxed, the minimum benefits have been increased to Rs 50,000, and the service continuity rules softened. The combined effect of ...

As the serviceable tenure is less than 5 years, your withdrawal will be taxable. You can expect a TDS of 10% on that but ...