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UNCLAIMED EPF MONEY
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...
- How to claim your inheritance — property, EPF, bank FDs, mutual fundsNavigating the inheritance of assets following a loved one's death can be a daunting task. Families are tasked with understanding the legal...
- How to locate a deceased’s bank accounts, property, cryptocurrency and other assets in IndiaUnclaimed assets of deceased individuals pose a significant challenge in India. Vast sums lie unclaimed across banks, insurance, and provid...
- Will your EPF account earn tax-free interest even after you leave job?Many salaried workers make monthly contributions to the Employees' Provident Fund (EPF) account knowing that the account will mature at the...
- Harsh Roongta on what can be done to prevent unclaimed deposits in banks, shares & debenturesIndia has about Rs 50,000 crore ($12bn) of unclaimed assets, including unclaimed shares and dividends, from small savings funds, insurance,...
- EPFO seeks to transfer ₹100 crore of unclaimed deposits to elders' fundThe proposal will be taken up for consideration by the central board of trustees of EPFO at its upcoming meeting on Saturday, people famili...
- Rs 82,000 crore lying in unclaimed bank a/cs, life insurance, mutual funds, PF: How to get your money backET Wealth estimates that more than Rs 82,000 crore of investor wealth is lying unclaimed in forgotten and lost investments. There are uncla...
- Unclaimed shares, insurance, deposits: How to find and get your dues backCrores of rupees are lying with banks, and other organisations. Here’s how you can get back your money.
- Unclaimed Provident Fund cash to fund government scheme? Trade unions slam planThe EPFO is awaiting a go ahead from the labour ministry to notify the payment of interest on accounts which have been inoperative for the ...
- Government sets up fund to use unclaimed money for senior citizensFinance Minister Arun Jaitley in Budget 2015-16 had announced creation of a fund using unclaimed deposits of about Rs 3,000 crore in the PP...
- Here's why you should not let your Employee Provident Fund lie idleInactive PF accounts stop earning interest after three years. You could lose thousands if you don’t transfer the account or withdraw the mo...
- Unclaimed Employees Provident Fund Organization: Govt to take a call on funds transferThe two issues announced in the budget were discussed at a meeting of EPFO's central board of trustees.
- Budget 2015: Senior Citizen Welfare Fund may face trade union, legal hurdlesFM had announced setting up of the fund using the unclaimed deposits of about Rs 3,000 crore in the PPF and about Rs 6,000 crore in the EPF...
- Change in PF rules will hurt workers and may not stand legal scrutinyA whole lot of workers never get to claim their dues when they switch from one job to another because the procedural requirement is mind-bo...
- Unclaimed EPFO money cannot be utilised: GovernmentThe Government on Monday said it has no plans to utilise unclaimed money of Employees Provident Fund Organisation (EPFO) which has accumula...
- Unclaimed funds with EPFO rise to Rs 4,000 crClose to Rs 4,000 crore is lying with the Employees Provident Fund Organisation (EPFO) in its unclaimed deposit accounts with no takers.
- Is it good to have multiple PF a/cs?Job hopping does get you a fatter pay packet, but don’t forget to carry your provident fund account along.
- It's crunch time: EPFO turns to private debtThe Employees Provident Fund Organisation (EPFO) is planning to invest in private debt instruments to generate revenue to counter the sever...
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