The Print on MSN
EPFO to transfer Rs 1,000 or less lying in over 7 lakh inoperative accounts directly to members
Briefing reporters, Union minister Mandaviya said account holders won’t be required to do any paperwork to claim their money.
13hon MSN
Major EPFO Reform: Subscribers With Rs 1,000 Or Less In Inoperative Accounts To Get Automatic Refund
An EPFO account is classified as inoperative if there has been no contribution or transaction for three consecutive years.
A total of Rs 30.52 crore stuck in over seven lakh inoperative accounts of the retirement fund body EPFO will soon be ...
EPFO has restored the 'higher pension' option under EPS, bringing significant relief to employees who opted for it before ...
The Ministry of Labour and Employment has approved a pilot project to automatically refund money from small-balance inoperative EPFO accounts.
EPFO has reinstated the option for employees to link their pension scheme contributions to their full basic salary. This move ...
EPFO to settle 7.11 lakh inoperative accounts, crediting ₹30.52 crore directly to Aadhaar-linked bank accounts without ...
Whether the payout is made via UPI, ATM, or the existing system, the underlying eligibility conditions remain the same. If a ...
Retirement fund body EPFO is preparing to empanel new partner agencies and appoint a fresh custodian, as it revamps ...
Pilot to cover 7.11 lakh inoperative EPFO accounts with ₹1,000 or less; funds to be auto-credited to Aadhaar-seeded bank accounts without fresh claims ...
The Ministry of Labour and Employment will return unclaimed EPF deposits to over 3.1 million subscribers, with a pilot phase benefiting 0.7 million soon. A merit-based scholarship of up to Rs 25,000 ...
EPFO is set to launch a new mobile app that will allow members to withdraw their provident fund using UPI, simplifying the ...
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