New Delhi, June 22 -- The Employees' Provident Fund Organisation (EPFO), under the EPFO 3.0, is set to introduce a series of member-friendly reforms aimed at making PF services faster, simpler and more convenient for subscribers. This also includes plan to allow EPF members to withdraw their provident fund money directly into their bank accounts through UPI.

The move is expected to significantly reduce paperwork and waiting time.

However, many EPFO subscribers are still unsure about how the new system will work and how it differs from the existing EPF withdrawal process. Here's a closer look at what could change under the new system.

EPFO 3.0 is a major digital upgrade initiative by the EPFO that will enable subscribers to withdraw or ...