A total of Rs 30.52 crore stuck in over seven lakh inoperative accounts of the retirement fund body EPFO will soon be ...
The Employees' Provident Fund Organisation (EPFO) is set to automatically refund money lying unclaimed in nearly seven lakh ...
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.
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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.
Government to refund ₹650 crore to 7.1 lakh inoperative EPFO accounts, aiding subscribers with unclaimed funds.
The Ministry of Labour and Employment has approved a pilot project to automatically refund money from small-balance inoperative EPFO accounts.
EPFO is likely to retain the 8.25 per cent PF interest rate for FY26. The final decision will be taken on March 2. Here's how ...
If a member turns 58 and doesn’t withdraw the EPF balance, interest is paid for up to three years from eligibility. After this period, the EPF account is marked inoperative ...
EPFO New App Features: Currently, salaried employees use either the Universal Account Number (UAN) portal or the UMANG app to ...
Expert suggests closing the EPF account when moving abroad to avoid interest loss, account inactivity and future complications in managing your retirement savings ...
EPFO has reinstated the option for employees to link their pension scheme contributions to their full basic salary. This move ...
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