Online Transfer of Provident Fund
A revised transfer claim settlement process has been started through an Online Transfer Claim Portal to smoothen the process of transfer of PF accounts. The revised process has following features:- (i) The claim can be submitted by the member in the online mode in addition to physical mode. (ii) The claim can be submitted through… Read More
Tags: Business, Central Provident Fund, Digital signature, Employee Provident Fund, Employees' Provident Fund Organisation of India, Job Growth, Online and offline, Online Transfer Claim Portal
Achievements of EPFO During August 2013
During the current fiscal, till the month the Organisation settled more than 50 lakh claims out of which 97% was settled within 30 days as mandated by the scheme. In the month of August alone, 10.98 lakh claims were settled and the percentage of claims settled within the above said mandated time-limit was 98.90%. Importantly,… Read More
Tags: Central Provident Fund, Digital signature, Employee Provident Fund, Employees' Provident Fund Organisation of India, India, Organisation, Organization, Social Security
EPFO shows much better improvement
The number of contributing members to Employee Provident Fund Organisation (EPFO) has crossed 4.00 crore as on 17.08.2013. Similarly, number of establishments covered under EPF & MP Act, who are contributing and filing their return through electronic system has increased to 4 lakh. EPFO also distributed pension to more than 44 lakh pensioners during July,… Read More
Tags: Central Provident Fund, Digital signature, Employee Provident Fund, Employees' Provident Fund Organisation of India, Employment, EPF, EPFO, July 2013