Subscribers whose Employees Provident Fund (EPF) accounts became inactive for want of regular payments and have a balance of up to Rs 1,000 can now get their money back. The labour and employment ...
An EPFO account is considered inactive if there is no financial activity for three consecutive years. Millions of such accounts have been lying unused for years. Approximately 3.1 million inactive ...
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 ...
The Ministry of Labour and Employment has approved a project to automatically refund balances of Rs 1,000 or less from inoperative EPFO accounts.
2don MSN
Pending PF: EPFO to refund Rs 30.52 crore from 7 lakh inactive accounts, aiding lakhs of employees
Following a recent review by the Ministry of Labour and Employment, officials indicated that over 7.11 lakh inactive EPFO accounts, each carrying a balance up to Rs 1,000, will be cleared and the ...
Unfortunately, local publications are dying because of monopolistic Big Tech. Over 30% of all newspapers are expected to close within the next three years.
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