The Union Labour Ministry is reportedly developing a system to allow eight crore employees' provident fund (EPF) members to directly withdraw their money using the Unified Payments Interface aka UPI, ...
The move is part of EPFO’s broader push to modernise its systems and bring them closer to banking standards. A major digital revamp for the Employees’ Provident Fund Organisation (EPFO) is set to take ...
EPF subscribers may soon withdraw funds directly to bank accounts via UPI. New rules will allow up to 100% withdrawal of eligible EPF balance. System rollout expected by April, benefiting nearly 8 ...
The limit of this auto-settlement mode has already been raised to Rs 5 lakh from the existing Rs 1 lakh. EPFO subscribers will be able to withdraw their employees' provident fund (EPF) directly to ...
PETALING JAYA: Having at least RM1.3mil in retirement savings might be a challenge for most Malaysians, but experts said the figure isn’t impossible if one remains disciplined in ensuring consistent ...
The Employee Provident Fund Organisation website is undergoing a major revamp — with plans for a new portal, use of AI-powered language translation tools and other facilities in the works. The reforms ...
EPFO launches free doorstep Digital Life Certificate service for pensioners Postmen will visit homes to help pensioners submit DLCs at no cost EPFO aims to clear all long-pending DLC cases by March ...
The Employees’ Provident Fund Organisation (EPFO) has streamlined 13 complex withdrawal provisions into a single, simplified rule, allowing members to withdraw up to 75% of their PF balance for ...
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New Delhi: A free doorstep facility for Employees’ Pension Scheme (EPS) pensioners has been started by the Employees’ Provident Fund Organisation (EPFO) and India Post Payment Bank (IPPB). The free ...
The Employees' Provident Fund Organisation (EPFO) is set to completely revamp its digital services. Its website and system are undergoing a major overhaul. This will include a new portal, an AI-based ...