EPFO Circular

EPFO to spend ₹13 crore on welfare of its employees with ₹74 lakh allocated to holiday homes

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EPFO to spend ₹13 crore on welfare of its employees with ₹74 lakh allocated to holiday homes

The Employees Provident Fund Organisation (EPFO) has issued a circular highlighting the allotment of funds for the year 2024-25 towards welfare activities of employees. The total budget for welfare activities, reads the circular, is ₹13.10 crore — out of which ₹74.37 lakh belong to the holiday homes alone. Excluding the budget for holiday homes, the … Read more

New EPF Rules: EPFO updates policy on cheque leaf and bank passbook uploads. Details here

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New EPF Rules: EPFO updates policy on cheque leaf and bank passbook uploads. Details here

How will EPFO verify claims? To verify the accuracy of claims, the EPFO instead employs extra verification techniques.  These could consist of: Online bank KYC verification: Check your bank’s or the National Payments Corporation of India’s (NPCI) KYC details directly. Verification of employers via DSC: Your bank account details can be verified by your employer … Read more