EPFO withdrawal process: The Employees' Provident Fund (EPF) is a retirement scheme to save funds for ensuring economic security once you retire. Yet, unexpected outgoings always come up, and the ...
The move is aimed at making EPF access more convenient for the organisation's nearly 8 crore members, many of whom currently ...
Whether the payout is made via UPI, ATM, or the existing system, the underlying eligibility conditions remain the same. If a ...
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EPFO Premature Withdrawal Rules: Know Criteria, Recovery Process, and Penalties Before Touching Your PF Savings
The Employees’ Provident Fund Organisation (EPFO) has issued an important alert for subscribers planning to withdraw money from their Provident Fund (PF) account for reasons not permitted under the ...
The Labour Ministry has begun a major clean-up of inoperative EPF accounts, announcing automatic refunds of ₹30.52 crore lying in over 7 lakh small inactive accounts. The move is part of a wider ...
EPFO members can withdraw money up to 50 per cent from the EPF account for their own marriage, the marriage of their daughter, son, sister or brother.
If you have ever changed jobs, stopped contributing to your EPF account, or forgotten about an old provident fund account, there is good news for you. The government has announced a new initiative ...
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Pending PF: EPFO to refund Rs 30.52 crore from 7 lakh inactive accounts, aiding lakhs of employees
Following a recent review by the Ministry of Labour and Employment, officials indicated that over 7.11 lakh inactive EPFO ...
As per the decision of the ministry, EPFO will chalk out the inoperative PF accounts with balances up to Rs 1,000 or less. After that, it will directly credit the amount to Aadhaar-linked bank ...
Changed jobs or bank accounts? Don’t forget to update your details with EPFO — or your future withdrawals could get delayed ...
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