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INOPERATIVE ACCOUNTS EPFO
EPFO: When can you get 8.25% EPF interest amount in your provident fund account?EPF subscribers can expect their 8.25% interest for FY2025-26 to be credited this month, as the government has officially ratified the rate...- Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claimThe Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an e...
- EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishmentsNew rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Inte...
- EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
- EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 mill...
- EPFO plans auto-settlement to clear Rs 5,200 crore in inoperative accountsThe Employees' Provident Fund Organisation is developing an auto-settlement system. This will help subscribers claim unclaimed money from i...
- EPFO alert for lakhs of inoperative accounts: What government wants to do with unclaimed money and how it will decideThe Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a balance up to Rs 1...
- Labour ministry to return unclaimed deposits back to EPFO subscribersThe Ministry of Labour and Employment will return unclaimed EPF deposits to over 3.1 million subscribers, with a pilot phase benefiting 0.7...
- Inoperative EPF accounts' total amount up 5 fold to Rs 8,505 cr in 6 yearsInoperative EPF accounts have seen a five-fold increase, reaching Rs 8,505.23 crore in FY24 compared to Rs 1,638.37 crore in FY19. The EPFO...
- EPFO issues new rules for inoperative, inactive EPF accounts to stop frauds: Check the latest detailsEPF inoperative inactive accounts unblock: The Employees Provident Fund Organisation (EPFO) has issued new guidelines to make the inoperati...
- Rs 43,000 crore lies in inoperative EPF accounts: GovtIn 2015-16, 118.66 lakh claims were settled by EPFO while the numbers stood at 130.21 lakh and 123.36 lakh in 2014-15 and 2013-14.
- EPFO to launch online PF withdrawal facility in 3 monthsAfter the launch of this facility, subscribers will be able to apply online for withdrawal of PF which will be transferred directly to thei...
- Settling inoperative EPF accountsThe EPFO has introduced a helpdesk for employees’ provident fund account holders to settle inoperative accounts.
- EPFO launches drive to help activate inoperative accountsThe members are expected to provide the information to the extent available with them. Thereafter, a reference ID is created for future ref...
- EPFO launches online help desk to trace inoperative accountsWith a balance of Rs 27,000 crore lying in inoperative PF accounts, retirement fund body EPFO today set up an online help desk for subscrib...
- Settle inoperative PF accounts: EPFO to field officesRetirement fund body EPFO has asked its field offices to identify the beneficiaries of inoperative PF accounts and settle those either by m...
- Inoperative account norms should be strictly followed: EPFOEPFO has asked its field formations to strictly follow guidelines while settling claims out of inoperative accounts in order to reduce the ...
- Unclaimed, Rs 22,636 crore in dormant provident fund accountsThis is because employees holding these accounts have moved on to new jobs and have not transferred their EPF accounts to that of the new e...
- EPFO likely to give 8.6% interest in 2012-13Over 50 mn subscribers of the EPFO may get 8.6% return on their investment during 2012-13, higher than 8.25% provided in the last fiscal.
- Settle a/cs before March 31 to get interest: EPFOProvident fund subscribers who have inoperative accounts from their earlier jobs will not lose interest if they file an application before ...
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