EPFO 3.0: New software launch by June, govt to issue new ATM cards, says minister Mansukh Mandaviya

EPFO 3.0: New software launch by June, govt to issue new ATM cards, says minister Mansukh Mandaviya

Union Labour Minister Mansukh Mandaviya announced that the Employees Provident Fund Organisation (EPFO) is set to introduce its advanced software system, EPFO 3.0, by June this year. Speaking to reporters on Thursday, Mandaviya said that the new system will offer a level of efficiency comparable to the banking systems in the nation, with a more … Read more

Comprehensive revamp of EPS and EPFO under discussion

Comprehensive revamp of EPS and EPFO under discussion

The Centre is looking at comprehensive changes in its social security schemes under the Employees’ Provident Fund Organisation that could enable subscribers to contribute for higher pension. Additionally, it is also working on a revamp of the IT systems of the EPFO for a more seamless and efficient services to subscribers and easier withdrawals. According to … Read more