Friday, April 04
In a major relief to over 65 million subscribers of the Employees’ Provident Fund Organisation, the retirement fund body has streamlined and fast-tracked the process for transfer of provident fund dues from one organisation to another and simplified the joint declaration process for correction in personal information of its subscribers. “The above two reform measures at EPFO are aimed at significantly improving the ease of living for EPFO subscribers while enhancing the ease of doing business for employers,” labour and employment minister Mansukh Mandaviya said on Saturday. Under the simplified process for transfer of PF, members with fully compliant e-KYC can file their online transfer claims with Aadhaar OTP directly with EPFO without any need for intervention by the employer. At p
