EPFO will soon let subscribers withdraw up to 75 percent of EPF funds instantly via UPI, with direct bank transfers, using the UAN portal, UMANG app, or a new mobile application ....
An EPF account becomes inoperative when no contribution is received, and no claim is filed for 36 months after the member becomes eligible for final settlement.
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 Unified Payment Interface (UPI), the source told PTI.
Axios also reported that the buyers were Audax Private Equity and ParthenonCapital, which acquired EPFS as part of a large‑scale healthcare revenue‑cycle management consolidation. EPFS, formerly known ...