EPFO eyes raising auto-settlement limit to Rs 5 lakh

EPFO is proposing to increase the auto settlement limit for its subscribers from Rs 1 lakh to Rs 5 lakh, pending approval by the central board of trustees. The organisation has already streamlined the claim process significantly, resulting in faster settlements and an expected record of over 6 crore settlements this year.
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Good news for PF subscribers! EPFO 3.0 to roll out soon; know its key features and moreUnion Labour Minister Mansukh Mandaviya, on Thursday, i.e., March 7, announced that the Employees Provident Fund Organisation (EPFO) will soon launch the "EPFO...DNA |
EPFO 3.0: Now Withdraw Your PF Like Cash From ATMs – Here’s HowUnion Labour Minister Mansukh Mandaviya announced that EPFO is set to introduce ‘EPFO 3.0’, bringing banking-like convenience to its subscribers.Zee News Also reported by •IndiaTimes •newKerala.com |
EPFO to increase auto settlement limit to 5 lakhs for PF claimsThe Employees Provident Fund Organisation (EPFO) has raised the auto-settlement of advance claims limit to Rs 5 lakh from Rs 1 lakh, enhancing ease of living for...IndiaTimes Also reported by •Zee News |