As the serviceable tenure is less than 5 years, your withdrawal will be taxable. You can expect a TDS of 10% on that but ...
The Employees Provident Fund Organisation (EPFO) is planning to allow subscribers to withdraw their eligible EPF balance directly into their bank accounts using UPI by April 2026. Once implemented, ...
New Delhi | EPFO subscribers will be able to withdraw their employees' provident fund (EPF) directly to their bank accounts ...
The labour ministry is working on a project where a certain proportion of the EPF will be frozen, and a large chunk will be available for withdrawal through their bank account using UPI ...
As long as the yearly contribution level is not surpassed, active EPF accounts continue to collect interest in a ...
According to a report by news agency PTI, the Union labour ministry is working on a new system that will benefit nearly eight ...
The labour ministry and EPFO are currently addressing software and system integration challenges. If implementation proceeds as planned, the UPI-based withdrawal facility could be available by April, ...
The source stated that members will be able to use their linked UPI PIN to complete transactions, ensuring secure and ...
EPFO members can soon withdraw EPF money directly to bank accounts via UPI by April. New system simplifies withdrawals & ...