EPFO settles 11 lakh claims in July, 43 lakh since April:
Media Report
06/08/2014 15:33
Retirement fund manager EPFO has settled over 11 lakh claims, including transfer and withdrawal of provident fund, last month, reported PTI. “Employees’ Provident Fund Organisation has settled more than 11 lakh claims during July 2014. This has taken the cumulative total during this financial year to 43 lakh claims,” said an EPFO statement. Of the 43 lakh claims, more than 68 per cent were settled in less than 10 days. Besides, the EPFO also updated 92 per cent of the annual accounts due for 2013-14. “This achievement is unprecedented and has happened for the first time in the last 30 years,” EPFO said
06/08/2014 15:33
Retirement fund manager EPFO has settled over 11 lakh claims, including transfer and withdrawal of provident fund, last month, reported PTI. “Employees’ Provident Fund Organisation has settled more than 11 lakh claims during July 2014. This has taken the cumulative total during this financial year to 43 lakh claims,” said an EPFO statement. Of the 43 lakh claims, more than 68 per cent were settled in less than 10 days. Besides, the EPFO also updated 92 per cent of the annual accounts due for 2013-14. “This achievement is unprecedented and has happened for the first time in the last 30 years,” EPFO said
