The EPFO gained 14.90 lakh net subscribers in September 2020, raising its user base by about 30.92 lakh in the first two quarters of the current financial year: says Labour Ministry data Net new enrolments with retirement fund body EPFO rose to 14.9 lakh in September from 8.8 lakh in August 2020, according to its…
Tag: EPFO
EPFO relaxes norms for employers, introduces email mechanism to obtain e-Sign amid lockdown
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•In the current scenario of lockdown announced by the Government to control the spread of COVID-19 pandemic and other disruptions, the employers are not able to function normally and are facing problems in using their digital signatures or Aadhaar based e-sign on EPFO portal. Many important tasks like KYC attestation, transfer claim attestation, etc., are…
EPFO settles about 13 lakh claims during lockdown
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•Employees’ Provident Fund Organization (EPFO) announced that it has settled a total of 12.91 lakh claims, including 7.40 lakh COVID-19 claims under Pradhan Mantri Garib Kalyan Yojana (PMGKY) package. This also involves a disbursal of Rs 4684.52 crores which includes Rs 2367.65 crores COVID-19 claims under PMGKY package. “It is heartening to note that the…