Union Labour Minister Mansukh Mandaviya announced that EPFO is set to introduce ‘EPFO 3.0’, bringing banking-like convenience to its subscribers.
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Union Labour Minister Mansukh Mandaviya announced the upcoming launch of EPFO 3.0, which will enable provident fund withdrawals through ATMs. He highlighted that this version will modernize EPFO services, making transactions similar to those in banks and removing the need for visits to EPFO offices.
Union Labour Minister Mansukh Mandaviya announced that EPFO is set to introduce ‘EPFO 3.0’, bringing banking-like convenience to its subscribers.
EPFO had raised the interest rate on EPF from 8.15% in 2022-23 to 8.25% in 2023-24.
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Mandaviya called her remarks "deeply shameful" and "outright pathetic."
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