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 ...

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 ...

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 ...

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 ...

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.

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

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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 ...

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