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 ...
Union Labour Minister Mansukh Mandaviya announced the upcoming launch of EPFO 3.0, which will enable provident fund withdrawals through ATMs. He highlighted that this version will modernize EPFO ...
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 ...
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.
Amendments to the EPF Act are expected to be tabled next week, according to the retirement fund’s chief executive. Two million foreign workers are likely to get EPF coverage under amendments to ...
Latest EPFO interest rate: The EPFO is expected to maintain the provident fund interest rate for 2024-25 near the previous year's 8.25% as the central board of trustees meets on February 28.
The Employees' Provident Fund Organisation (EPFO) has announced new amendments for the Employees' Deposit Linked Insurance (EDLI) scheme, aimed at strengthening financial protection for families ...
EPF members can voluntarily add up to RM100,000 to their accounts each year. Nur’ Aina Osman, 40, an administrative officer at a public university, too, plans to contribute to her EPF account again.
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 ...
KUALA LUMPUR: Mandatory Employee Provident Fund (EPF) contributions for foreign workers is expected to come into effect in the fourth quarter of 2025, says Finance Minister II Datuk Seri Amir ...
EPF advance withdrawal processing time: The Employees Provident Fund Organization (EPFO), a statutory body instituted by the government of India, is the largest social security organisation and ...
New Delhi: Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for 2024-25, sources said. In February 2024, the Employees ...