EPF is a project launched to support the people after their retirement and present them with a fund source upon completing their service in an institution. EPF schemes present the option of withdrawal before retirement; nevertheless, they should be used only as a last resort. Following are the ...
EPFO launches multi location EPF claim settlement facility. Employees’ Provident Fund Organisation (EPFO) has recently launched a new artificial intelligence (AI) tool for auto processing ofonline EPF claimsand also de-linked EPF Accounts from regional offices. With this multi-location PF Claim Settl...
On 1 May 2017, Labour Day, EPFO announced thatall EPF Member’s who have activated their UAN and seeded their KYC (Aadhaar) with EPFO will be able to apply for PF Final Settlement (Form19), Pension Withdrawal Benefit (Form10-C) and PF Part Withdrawal (Form31) from the their UAN Inter...
Once EPF settles the account the EPF site shows the message about the account being settled with the date of NEFT amount. For example, explained below Claim receipt is for 16 Mar 2018, Dispatch Date is 19 Mar. But the amount is credited 2-3 days after the NEFT date mentioned in the St...
Benefits of Employees Provident Fund "Your Savings for the Future" campaigns advertise one of the significant benefits of EPF, which means it helps you save for the long run. The deductions are made from the employees' monthly pay, and there's not a single requirement for making a lump-sum...
The federal government is studying the possibility to allow first-time home buyers to withdraw more money from their Employees Provident Fund (EPF) account to finance their affordable house purchases. “That is a very good suggestion,” described Minister of Finance II Datuk Johari Abdul Gh...