1 day Ago By Shyamu Maurya
Friday, November 29, 2024 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance EPFO 3.0 Update: Subscribers will be able to withdraw money deposited in.
.. Personal Finance EPFO 3.
0 Update: Subscribers will be able to withdraw money deposited in Provident Fund from ATM, know the government’s plan By Shyamu Maurya November 29, 2024 0 12 Share Facebook Twitter Pinterest WhatsApp Telegram EPFO 3.0 Update: Subscribers will be able to withdraw money deposited in Provident Fund from ATM, know the government's plan EPFO News: EPF subscribers may be issued an ATM card similar to a debit card so that they can withdraw the money deposited in the Provident Fund from the ATM. EPFO 3.
0 Update: The central government is preparing to revamp the Employees Provident Fund Organization (EPFO), which runs a social security scheme for 6 crore employees of the organized sector. Many new benefits can be announced for EPFO subscribers. The government can announce EPFO 3.
0 in which the limit of contributing 12 percent of the basic salary to the Provident Fund for employees can be abolished. Employees will be able to contribute as much as they want to the Provident Fund according to their saving capacity. Also, account holders can be given the facility to withdraw money deposited in the Provident Fund from ATM.
Freedom to contribute more to EPF According to sources in the Ministry of Labor and Employment, the government is seriously preparing to bring EPFO 3.0 in which many new announcements can be made for EPF subscribers. The most important of these is to increase the limit of employees’ contribution to the Provident Fund.
At present, employees have to contribute 12% of their basic pay to the Provident Fund. But the government can eliminate this limit. Employees can deposit as much money in their EPF account as they want and at any time as per their saving capacity.
Its purpose is to provide subscribers with the option to save as much as possible. This amount can be converted into an option to give more pension to the subscribers on retirement. However, there will be no change in the contribution of employers.
The Ministry of Labor is discussing this formula. You will be able to withdraw Provident Fund from ATM! The government can make another big announcement for EPFO subscribers. EPF subscribers can be issued an ATM card similar to a debit card so that they can withdraw the money deposited in the Provident Fund from the ATM.
That is, the government is preparing to provide the facility to the employees to withdraw the hard-earned money deposited in the Provident Fund from the ATM. In this, subscribers can be given the option to withdraw 50 percent of the amount deposited in the Provident Fund. According to sources, the government can announce this new policy of EPFO in the new year 2025 and EPFO 3.
0 can be implemented in May-June 2025. EPFO IT system will be improved The Ministry of Labor is preparing to make huge improvements in the IT system of EPFO so that employees can do any transaction easily. This improvement is being prepared in two phases.
The system reforms under EPFO 2.0 will be completed next month in December 2024, which will resolve 50 percent of the problems in the system. EPFO 3.
0 will be completed by May-June 2025, which also includes improvements in the IT system. Actually, the government’s aim is to make the functioning of EPFO according to international standards. Join Informal Newz Tags EPFO 3.
0 EPFO 3.0 Update Share Facebook Twitter Pinterest WhatsApp Telegram Previous article Indian Railway Rules: After booking a train ticket, change your name in it like this, know the rules and process for both offline and online Next article Jio Recharge Plan: 20GB data will be available free with 2GB data daily, Jio is giving an affordable offer at this price Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018.
Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @[email protected] RELATED ARTICLES Technology Jio Recharge Plan: 20GB data will be available free with 2GB data daily, Jio is giving an affordable offer at this price November 29, 2024 India Indian Railway Rules: After booking a train ticket, change your name in it like this, know the rules and process for both offline and.
.. November 29, 2024 India India Pakistan Army Rank: List of the world’s most powerful armies released, know the ranking of India Pakistan Army November 29, 2024 - Advertisment - Most Popular Jio Recharge Plan: 20GB data will be available free with 2GB data daily, Jio is giving an affordable offer at this price November 29, 2024 Indian Railway Rules: After booking a train ticket, change your name in it like this, know the rules and process for both offline and.
.. November 29, 2024 India Pakistan Army Rank: List of the world’s most powerful armies released, know the ranking of India Pakistan Army November 29, 2024 Train Cancelled: Railways has completely cancelled dozens of trains, see the full list before travelling November 29, 2024 Load more Recent Comments Gul Mohiudin on Kavita sister-in-law wore a sari without a blouse, seeing the pictures you will also be.
.. Venkatesh on Urfi Javed crossed all limits, wore a front open hoodie top without inner, see photos and videos Gul Mohiudin on Malaika Arora came out in a backless strappy dress late at night, someone had to handle the gown and someone held her hand Gul Mohiudin on Priyanka Chopra reached award function without bra, shame had to be saved repeatedly in open jacket Venkatesh on Disha Patani shared a bo*ld picture while taking a bath, seeing Tiger Shroff’s heart beat will increase EDITOR PICKS Jio Recharge Plan: 20GB data will be available free with 2GB data daily, Jio is giving an affordable offer at this price November 29, 2024 Indian Railway Rules: After booking a train ticket, change your name in it like this, know the rules and process for both offline and.
.. November 29, 2024 India Pakistan Army Rank: List of the world’s most powerful armies released, know the ranking of India Pakistan Army November 29, 2024 POPULAR POSTS Jio Recharge Plan: 20GB data will be available free with 2GB data daily, Jio is giving an affordable offer at this price November 29, 2024 Indian Railway Rules: After booking a train ticket, change your name in it like this, know the rules and process for both offline and.
.. November 29, 2024 India Pakistan Army Rank: List of the world’s most powerful armies released, know the ranking of India Pakistan Army November 29, 2024 POPULAR CATEGORY Personal Finance 17725 Entertainment 17065 India 4416 News 3785 Technology 2229 Jobs Alert 786 Travel 652 Education 451 ABOUT US INFORMALNEWZ brings the Latest News & Top Breaking headlines on Politics and Current Affairs.
Up-to-date news coverage, aggregated from sources all over the world by informal Newz. Find latest news coverage of breaking news events, trending topics, and compelling articles. Contact us: informalnewz@gmail.
com FOLLOW US Facebook Instagram Twitter WhatsApp Youtube © - 2024 - informalnewz | Izon web Pvt. Ltd. All Rights Reserved.
Contact Us - Izon Web Pvt. Ltd. Hno.
789, Basement, Dlf Phase 4 Sector 43, Gurgaon, Haryana -122009, Call: +91-9110801499, 0124-4941700 Home Privacy Policy Authors and Team About Us Contact US Cookie Policy Disclaimer DNPA Code of Ethics Onwership and Funding Terms of Service Complaint Redressal. Fact-Checking Policy Correction policy हिन्दी.
