कोशिश गोल्ड - मुक्त
Labour ministry, RBI hold discussions to ease PF withdrawal
Hindustan Times Noida
|December 26, 2024
THE RETIREMENT FUND MANAGER IS REVAMPING ITS WORK PROCESSES AND IT NETWORK TO HASTEN THE SERVICES
NEW DELHI: The Union labour ministry has begun discussions with the Reserve Bank of India (RBI) and other banks on rolling out new services for subscribers of the Employees' Provident Fund Organisation (EPFO), such as direct access to savings deposits through ATMs and e-wallets linked to bank accounts, an official said, requesting anonymity.
The State-backed retirement fund manager is currently revamping its work processes and information technology network for speedier services following long-standing grievances of cumbersome procedures for settlement of claims and pensions.
Ready withdrawal of provident fund savings up to a certain ceiling with an EPFO account-linked ATM card is among several features to be rolled out likely by January 2025 after the revamp is completed, according to the official cited above. Currently, only in cases of auto settlement of claims does the money go directly to the bank account of a subscriber, which can be then withdrawn from teller machines.
यह कहानी Hindustan Times Noida के December 26, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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Hindustan Times Noida
RANVEER MOVES HC TO QUASH F.I.R AGAINST HIM
Actor Ranveer Singh has moved the Karnataka High Court seeking to quash a first information report (FIR) registered against him over remarks made during an appearance at the closing ceremony of the International Film Festival of India (IFFI) in Goa in November.
1 min
February 24, 2026
Hindustan Times Noida
‘You have to colour within the line...comply with law’
Neal Katyal, the Indian-American lead attorney who successfully argued in the Supreme Court against US President Donald Trump’s powers to impose tariffs under the International Emergency Economic Powers Act, has termed the verdict a victory for constitutional government.
5 mins
February 24, 2026
Hindustan Times Noida
Canadian PM to visit India on Feb 27 to expand trade, AI ties
Canadian Prime Minister Mark Carney is scheduled to visit India on February 27 with a focus on “elevating and expanding” ties and partnership in trade, energy and AI, according to an announcement by his office on Monday, which also described India as one of Canada’s strongest Indo-Pacific partners.
2 mins
February 24, 2026
Hindustan Times Noida
Holi rush: 500 ‘special’ trains, crowd control stepped up at NDLS
The Northern Railway is running around 500 additional train trips to manage the Holi rush, officials said on Monday, as crowd-control measures are being stepped up across key stations in the National Capital Region (NCR), particularly at New Delhi railway station, ahead of the festival on March 4.
1 min
February 24, 2026
Hindustan Times Noida
Medical charter plane crashes, 7 feared dead
All seven people on board were feared dead as an air ambulance transporting a burn victim from Ranchi to New Delhi crashed in Jharkhand's Chatra district on Monday night, in the latest safety crisis to hit India's aviation sector.
1 min
February 24, 2026
Hindustan Times Noida
Police file FIR against members of JNUSU after clash on campus
Monday registered a first information report (FIR) against members of the Jawaharlal Nehru University Students’ Union (JNUSU) under sections related to causing hurt, wrongful restraint and rioting, among others, following a late-night clash between student groups on the campus of Jawaharlal Nehru University (JNU).
1 mins
February 24, 2026
Hindustan Times Noida
Will lower NEET cutoff affect quality? SC to govt
The Supreme Court on Monday said the Union government will have to satisfy it that the drastic reduction in the qualifying percentile for NEET-PG 2025 counselling and “virtually bringing it to zero” did not compromise the quality of medical education in the country.
2 mins
February 24, 2026
Hindustan Times Noida
Service in Sawan: Reimagining the Kanwar Yatra Experience
During the sacred month of Sawan, as thousands of Kanwariyas embarked on their devotional journey, Delhi set a new standard in service, efficiency, and sensitivity for the Kanwar Yatra.
1 min
February 24, 2026
Hindustan Times Noida
Iran warns it would respond ‘ferociously’ to any US-led attack
Iran warned the United States on Monday that any attack would be met “ferociously” in response to President Donald Trump's threat of limited strikes, while students staged new protests against the Islamic republic.
2 mins
February 24, 2026
Hindustan Times Noida
‘Change is inevitable in Bengal’; says PM; slams Mamata regime
Prime Minister Narendra Modi on Monday said he was “heartbroken by the deceit and anguish” faced by the cross-section of West Bengal's citizens under the current Mamata Banerjee regime and vowed to correct it by building a “Viksit Paschim Banga”.
1 mins
February 24, 2026
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