Employees Provident Fund Organisation is gearing up to roll out a new withdrawal facility. Through this, the EPFO will be enabling subscribers to withdraw their provident fund in real time using UPI.
Major EPFO Reform: Subscribers With Rs 1,000 Or Less In Inoperative Accounts To Get Automatic Refund
In a major relief for provident fund subscribers, the Ministry of Labour and Employment has approved a pilot project to automatically refund money from small-balance inoperative EPFO accounts without ...
Oftentimes, we hear many subscribers of the Employees’ Provident Fund (EPF) working in various private companies expressing their dissatisfaction about the delay or denial of rightful claims on social ...
In a big relief for lakhs of EPFO subscribers, the Ministry of Labour and Employment is planning to initiate a clean-up drive to settle over 7.11 lakh inoperative EPF accounts and automatically refund ...
Reports suggest that EPFO has sufficient investment surplus in the current financial year to maintain the 8.25 per cent interest rate. Image Source : PTI Mumbai: Millions of salaried employees across ...
EPFO 3.0 Platform Update: Good news for employees as the much-awaited EPFO 3.0 platform launch may reduce the processing time for the settlement of the claim. After the launch, the claim settlement ...
The Ministry of Labour and Employment has decided to auto credit ₹30.52 crore lying in 7.11 lakh inoperative Employees’ Provident Fund Organisation (EPFO) accounts, holding ₹1,000 or less, to ...
Retirement fund body Employees’ Provident Fund Organisation (EPFO) is set to introduce a new facility whereby subscribers will be allowed to withdraw part of their provident fund money in real time ...
It is understood that the EPF board recently met to endorse the rates, which will be announced at a media briefing on Saturday. Some 15 million EPF members can expect fairly good dividends for 2025 ...
EPF earns interest until age 58 or for 3 years after that. Early EPF withdrawal halts compounding, may incur tax if service 5 years. Keep EPF active, update KYC, and transfer balance when changing ...
EPFO Big Update: Now claim settlements in auto mode, not in 20 days but in just …, through EPFO 3.0 platform – Check details here It is a common practice for individuals to change their salary ...
The EPF declared a dividend rate of 6.3% for both its conventional and shariah savings accounts in 2024. The Employees Provident Fund (EPF) is expected to declare a dividend rate of between 6.3% and 6 ...
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