Overview Withdrawing your Provident Fund (PF) has become significantly easier in recent years, thanks to the digital ...
The Employees’ Provident Fund Organisation (EPFO) has recently announced some major changes to existing rules on EPF advance withdrawals, offering enhanced benefits to members, particularly first-time ...
EPF: Once the PF funds are deposited into your bank account, you can easily withdraw them from any ATM using your bank's ATM card. The EPFO has made a major change to its rules. Image: Pixabay EPF or ...
EPFO’s move to extend full withdrawal timelines aims to secure retirement savings—but may create new hurdles for migrants, ...
EPFO has simplified PF withdrawals -- fewer rules, faster access and more flexibility -- while introducing safeguards that make it harder to drain your retirement savings too early, explains Reetika ...
EPF withdrawals are generally tax-free after five years of service. However, withdrawals before this period may attract tax. Certain conditions allow for tax-free withdrawals even with less than five ...
To enhance ease of living of EPF members, the Employees’ Provident Fund Organisation (EPFO) decided to simplify the partial withdrawal provisions of EPF scheme by merging 13 complex provisions into a ...
When and how you can access EPF money before retirement without jeopardising your long-term retirement savings. Kindly note that this illustration generated using Microsoft Copilot has only been ...
In a major relief for crores of members, the Employees Provident Fund Organisation (EPFO) has increased the auto settlement limit for advance PF claims from Rs 1 lakh to Rs 5 lakh. It was one of the ...
Every month, both the employee and the employer deposit a portion of their salary into the EPF account. This amount gradually increases, creating a substantial fund for retirement. The Employees' ...
Medical emergencies often strike without warning and can lead to significant financial pressure. For salaried individuals in India, the Employees’ Provident Fund (EPF) offers not only long-term ...
The Employees’ Provident Fund Organisation (EPFO) has warned all subscribers not to withdraw from their provident fund corpus for “wrong reasons”, otherwise, you may be asked to return the money, ...