EPFO will automatically refund over ₹30 crore from inoperative accounts directly to members or legal heirs under a major ...

Following a recent review by the Ministry of Labour and Employment, officials indicated that over 7.11 lakh inactive EPFO ...

If you have ever changed jobs, stopped contributing to your EPF account, or forgotten about an old provident fund account, there is good news for you. The government has announced a new initiative ...

Subscribers whose Employees Provident Fund (EPF) accounts became inactive for want of regular payments and have a balance of up to Rs 1,000 can now get their money back. The labour and employment ...

Government to refund ₹650 crore to 7.1 lakh inoperative EPFO accounts, aiding subscribers with unclaimed funds.

A total of Rs 30.52 crore stuck in over seven lakh inoperative accounts of the retirement fund body EPFO will soon be ...

The move is aimed at making EPF access more convenient for the organisation's nearly 8 crore members, many of whom currently ...

The Labour Ministry has begun a major clean-up of inoperative EPF accounts, announcing automatic refunds of ₹30.52 crore lying in over 7 lakh small inactive accounts. The move is part of a wider ...

An EPFO account is classified as inoperative if there has been no contribution or transaction for three consecutive years.

The Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a balance up to Rs 1,000. These funds will be credited to Aadhaar-seeded accounts ...