New Delhi: Retirement fund body EPFO had on April 3 announced two major reforms to make the claim settlement process simpler, faster, and hassle-free for crores of EPF members & employers. 1. Removal ...

New Delhi: Employees’ Provident Fund Organisation (EPFO) Members can apply for their PF withdrawal claims in full and in advance for various purposes. PF subscriber can apply for withdrawal both ...

The move is aimed at making EPF access more convenient for the organisation's nearly 8 crore members, many of whom currently face a multi-step claim process to withdraw their own savings.

As per the decision of the ministry, EPFO will chalk out the inoperative PF accounts with balances up to Rs 1,000 or less. After that, it will directly credit the amount to Aadhaar-linked bank ...