Articles for Epfo Withdrawal

PF UPI withdrawal rules: How to withdraw EPF money via UPI
3 weeks, 3 days ago

PF UPI withdrawal rules: How to withdraw EPF money via UPI

India Today  

The Employees' Provident Fund Organisation is working on a new feature that will allow its members to withdraw their PF money through UPI. Withdrawing PF money will become faster and smoother, with UPI integration, thereby benefitting countless EPFO members. STEPS TO WITHDRAW PF MONEY VIA UPI As of now, the option to withdraw PF through UPI is not available. NECESSITY …

Upi Pf Withdraw Pf Money Epfo Members Epfo Withdrawal
COVID-19 impact: EPFO allows members to avail second non-refundable advance
3 years, 9 months ago

COVID-19 impact: EPFO allows members to avail second non-refundable advance

India TV News  

COVID-19 impact: EPFO allows members to avail second non-refundable advance Members, who have already availed of the first COVID-19 advance, can also opt for a second advance now. In view of the financial crisis due to the second wave of COVID-19, the Employees' Provident Fund Organisation has allowed its members to avail second non-refundable COVID-19 advance, the Ministry of Labour …

Second Covid Members Advance Epfo
EPF withdrawal: Know the process, tax implication and impact on corpus
4 years, 8 months ago

EPF withdrawal: Know the process, tax implication and impact on corpus

Live Mint  

As layoffs and pay cuts rise across sectors, a large number of people are dipping into their Employees’ Provident Fund. Consequently, no tax shall be deducted under Section 192A of the Income-tax Act by the EPF authorities on such advance facility availed by EPF members to fight covid-19 pandemic,” said Naveen Wadhwa, deputy general manager, Taxmann. We start with our …

Retirement Tax Withdrawal Epfo Withdraw Uan Epf Account
EPFO, the retirement fund body is set to release UMANG; a mobile app for EPF claims
7 years, 11 months ago

EPFO, the retirement fund body is set to release UMANG; a mobile app for EPF claims

Firstpost  

Nearly four crore members of retirement fund body EPFO will soon be able to settle their claims like EPF withdrawal through mobile application UMANG. “The Employees’ Provident Fund Organisation is developing online claims settlement process by receiving application online,” Labour Minister Bandaru Dattatreya said in a written reply to the Lok Sabha. We may introduce the facility for online submission …

Application Claims Set Withdrawal Epfo Settle Umang
EPFO relaxes norms, to allow pension account withdrawals without Aadhaar
8 years ago

EPFO relaxes norms, to allow pension account withdrawals without Aadhaar

India TV News  

In a breather to subscribers, retirement fund body EPFO today relaxed norms for full and final withdrawal from their pension accounts. According to the EPFO, the requirement of submitting Aadhaar number under Form 10C claims had led to issues in settlement of withdrawal cases, prompting the decision. "All those members filing claims for withdrawal of funds from their pension account …

Aadhaar Pti Submit Epfo Pension Account Pension Account Withdrawals Relaxes Norms
EPF withdrawal process made simpler
9 years, 3 months ago

EPF withdrawal process made simpler

Live Mint  

The Employees’ Provident Fund Organisation has been taking various steps to make EPF accounts more user friendly. According to EPFO, if details such as Aadhaar and bank account number are linked to your Universal Account Number and know-your-customer verification is done by the employer, then an employee can directly approach EPFO for withdrawal using UAN. The employer verifies the KYC …

Money Process Number Withdrawal Account Epfo Details