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In a major digital push, the Employees Provident Fund Organisation EPFO is set to launch a ...
In a major overhaul of the Employees Provident Fund Organisation EPFO framework, the Ministry of ...
Employees Provident Fund Organisation EPFO is preparing to roll out a significant digital upgrade...
Employees’ Provident Fund Organisation (EPFO) is set to revolutionize provident fund (PF) withdrawals with the launch of EPF 3.0, expected in June 2025. This upgraded platform will allow instant PF withdrawals via ATMs, eliminating the cumbersome process of submitting online claims and waiting for approvals. With over 9 crore EPF members in India, this initiative […]
Employees’ Provident Fund Organisation (EPFO) has launched simplified mobile services that allow subscribers to check their Provident Fund (PF) balance without needing an app or login credentials. The initiative aims to enhance accessibility, particularly for individuals in rural and semi-urban areas with limited internet access. With this new system, EPFO members can retrieve their PF […]
Employees’ Provident Fund Organisation (EPFO) has introduced a revamped Form 13 functionality, simplifying the process of transferring provident fund (PF) accounts when employees change jobs. This initiative, effective from January 2025, aims to streamline fund transfers for members. It is expected to benefit over 1.25 crore individuals annually by enhancing service delivery. The move aligns […]
To enhance the ease of living for its 7.5 crore members, the Employees’ Provident Fund Organisation (EPFO) is set to increase the auto-settlement limit for provident fund (PF) withdrawals from ₹1 lakh to ₹5 lakh. This decision, approved during the 113th Executive Committee meeting of the Central Board of Trustees (CBT) held in Srinagar, Jammu […]
Employees’ Provident Fund Organisation (EPFO) is set to revolutionize the way its members access their provident fund (PF) accounts. By the end of May 2025, EPFO will introduce a Unified Payments Interface (UPI)-based system and ATM withdrawals, enabling members to access their funds more conveniently and efficiently. This initiative, approved by the Ministry of Labour […]
Employees’ Provident Fund Organisation (EPFO), India’s statutory body managing retirement savings, is facing a significant challenge as a growing number of young subscribers are withdrawing their entire Provident Fund (PF) corpus prematurely. This trend, influenced by various socio-economic factors, threatens the long-term financial security of these individuals. It also undermines the core objective of the […]
Employees’ Provident Fund Organisation (EPFO) is set to introduce a groundbreaking update, EPFO 3.0, which will allow subscribers to withdraw their PF savings directly from ATMs. This innovative system, announced by Union Labour Minister Mansukh Mandaviya, aims to simplify the withdrawal process, making it as seamless as withdrawing cash from a bank account. The update […]
Employees’ Provident Fund Organisation (EPFO) has introduced significant reforms to simplify the process of transferring provident fund (PF) accounts. These changes aim to enhance service delivery and ensure ease of living for its members. EPFO: Simplified Transfer Process EPFO has streamlined the PF transfer process by removing the requirement for employer intervention in most cases. […]
