There are no dormant accounts in Employees™ Provident Fund Organisation (EPFO). However, as per provision of para 72(6) of the Employees™ Provident Funds (EPF) Scheme, 1952, a member™s account under certain condition is classified as Inoperative Account. All such Inoperative Accounts have a definite claimant. As per Para 73(1) of the EPF Scheme, 1952, a… Read More
Tags: Employee Provident Fund, Employees' Provident Fund Organisation of India, Employment, EPF, EPFO, Inoperative Account, Provident Fund Organisation, Rajya Sabha