EPFO eyes major revamp with leveraging tech for automatic claims settlement, restructuring of offices; commissions study to IIT Delhi – Times of India

EPFO eyes major revamp with leveraging tech for automatic claims settlement, restructuring of offices; commissions study to IIT Delhi – Times of India

EPFO revamp on the cards: The government is considering a ‘revamp’ of the Employees’ Provident Fund Organisation (EPFO) to align with the broader vision of universal social security and to significantly improve service delivery.Some of the changes envisioned for the retirement fund body in the short, medium, and long term include restructuring of EPFO offices,…

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EPFO limits transactions in EPF accounts linked to Paytm Payments Bank | – Times of India

EPFO limits transactions in EPF accounts linked to Paytm Payments Bank | – Times of India

EPFO limits Paytm transactions linked with EPF accounts: The Reserve Bank of India (RBI) instructed Paytm Payments Bank to halt all banking services, including deposit acceptance and payment processing, on January 31, with effect from February 29. Consequently, in response to this directive, the Employees’ Provident Fund Organisation (EPFO) has imposed limitations on deposit and…

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EPFO Changes Document Verification Process for Date of Birth Update | India Business News – Times of India

EPFO Changes Document Verification Process for Date of Birth Update | India Business News – Times of India

EPFO update: The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment, has made changes to its document verification process for correcting or updating the date of birth (DoB). The recent announcement on January 16, disclosed the removal of Aadhaar from the list of acceptable documents as the date of birth proof….

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