EPFO members can soon withdraw their provident fund directly from bank accounts using UPI. This new facility is expected to ...
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 government is considering introducing the Employees' Provident Fund (EPF) claims settlement option via the United Payment ...
A major digital revamp for the Employees’ Provident Fund Organisation (EPFO) is set to take place with the rollout of EPF 3.0. The new system is reportedly expected to be introduced later this year ...
New Delhi | EPFO subscribers will be able to withdraw their employees' provident fund (EPF) directly to their bank accounts through UPI payment gateway by April this year, a top source has said. The ...
​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 ...
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, ...
EPFO subscribers will soon withdraw their provident fund directly via UPI. This new system starts in April 2026. Money will ...
The proposed rollout of the new facility comes after the EPFO announced liberalising of its withdrawal norms after its Board ...
As the serviceable tenure is less than 5 years, your withdrawal will be taxable. You can expect a TDS of 10% on that but ...