EPFO to raise auto settlement limitĀ for PF withdrawal to Rs 5 lakh: Report
EPFO is making it easier for members to withdraw their PF by increasing the auto settlement limit from Rs 1 lakh to Rs 5 lakh. Officials in the Ministry of Labour and Employment have already approved this recommendation which is likely to benefit crores of members. The new system will soon allow for withdrawals through UPI and ATM with reduced formalities.