NEW DELHI: The Employees' Provident Fund Organisation (EPFO) recently announced two key reforms to make the claim settlement process "simpler, faster, and hassle-free" for crores of EPF members and ...
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 ...
In a major relief for Employees, the Employees' Provident Fund Organisation (EPFO) has eliminated the requirement for uploading a cancelled cheque and employer verification for bank accounts while ...
EPFO members can soon withdraw their provident fund directly from bank accounts using UPI. This new facility is expected to ...
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.
A major digital revamp for the Employees’ Provident Fund Organisation (EPFO) is set to take place with the rollout of EPF 3.0 ...
EPFO eliminated the need to upload cheque images or passbooks for claim submissions, enabling real-time verification through ...
In its new phase of reforms, the EPFO is bringing in a centralised system of operations for its core banking solution that will help members access their account at any regional office in the country.
The labour ministry and EPFO are currently addressing software and system integration challenges. If implementation proceeds ...
EPFO has simplified partial withdrawal rules by merging multiple provisions into a single, easy framework, ending confusion and delays. Members can now withdraw up to 75% of their balance for eligible ...
EPFO 3.0 will introduce a new portal, core banking system and AI-powered vernacular tools to improve services for nearly 8 ...