EPF Withdrawal: The government is considering introducing the Employees Provident Fund (EPF) claims settlement option via the United Payment Interface (UPI) to ease the fund withdrawal process ...
KUALA LUMPUR: The Employees Provident Fund (EPF) has reaffirmed that its financial year ended Dec 31, 2023 figures are accurate and comply fully with strict financial reporting standards.
He was responding to Chong Zhemin (PH-Kampar), who asked about the total profit or loss from the EPF’s MAHB share transactions and how it was reflected in the EPF’s financial statements.
National pension system (NPS) and employee provident fund (EPF) are two key retirement schemes in India. While anyone can open an NPS account, one has to be in a full-time job to contribute to EPF.
Maintaining a balance in an Employment Provident Fund (EPF) account is a strategic financial move for employees, providing numerous benefits that extend beyond simple savings. The Employees ...
Under the new tax regime, salaried individuals can opt for both NPS and EPF to boost their retirement corpus. But which is better? Read on to find out. Salaried individuals in India usually plan ...
In FY25 so far, the EPFO has processed claims for over 50 million subscribers—the highest ever—disbursing more than Rs 2.05 lakh crore. (PTI) The executive committee of the Employees’ Provid ...
In FY24, the EPF had settled 44.5 million claims worth Rs 1.82 lakh crore. (Image/PTI) The government is working on enabling the processing of Employees’ Provident Fund (EPF) claims by ...
EPF may consider making exceptions for contributors to withdraw their savings in urgent cases, even if they do not meet existing conditions. However, Prime Minister Anwar Ibrahim said EPF would ...
Finance minister II Amir Hamzah Azizan said EPF strictly complies with the Capital Markets and Services Act 2007 and uses a ‘Chinese Wall’ policy, which keeps its share trading team separate ...
The Employees' Provident Fund Organisation (EPFO) is launching a new system called 'EPFO 3.0'. This will let you withdraw your provident fund money directly from an ATM, making it easier and more ...
EPF’s chief executive Ahmad Zulqarnain Onn attended the hearing. Also summoned to brief the Select Committee on Finance and Economy was EPF’s partner in the MAHB privatisation, the country’s ...