Approves new pilot scheme for auto initiation of claim settlement of inoperative accounts, approves notification of new ...

The Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a ...

The Labour Ministry has begun a major clean-up of inoperative EPF accounts, announcing automatic refunds of ₹30.52 crore lying in over 7 lakh small inactive accounts. The move is part of a wider ...

New Delhi: Employees’ Provident Fund Organisation (EPFO) Members can apply for their PF withdrawal claims in full and in advance for various purposes. PF subscriber can apply for withdrawal both ...

EPFO will automatically refund over ₹30 crore from inoperative accounts directly to members or legal heirs under a major ...

New Delhi: Retirement fund body EPFO had on April 3 announced two major reforms to make the claim settlement process simpler, faster, and hassle-free for crores of EPF members & employers. 1. Removal ...

The Ministry of Labour and Employment has approved a pilot project to automatically refund money from small-balance inoperative EPFO accounts.

If you have ever changed jobs, stopped contributing to your EPF account, or forgotten about an old provident fund account, there is good news for you. The government has announced a new initiative ...

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 ...

NCLAT held that provident fund dues assessed during moratorium under Section 14 IBC cannot be admitted in CIRP. The resolution plan providing ₹5,000/- was ...