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 ...

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

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 ...

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.

Over 8 crore contributing members of the retirement fund body Employees’ Provident Fund Organisation (EPFO) will soon be able ...

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 ...

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 ...