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 ...

The Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a ...

The Ministry of Labour and Employment is preparing a large clean‑up exercise within the Employees’ Provident Fund Organisation (EPFO). The plan involves automatically settling over 7.11 lakh ...

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

Opposition Members of Parliament are on the same side with Zanu PF on the Constitutional Amendment Bill Number 3, which seeks to extend the tenure of President Emmerson Mnangagwa beyond the ...

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

If you are waiting for your provident fund (PF) money after changing or leaving a job, the good news is that claim settlement has become much faster. As per the government’s latest reply in Parliament ...

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 ...

The government plans to launch an EPF withdrawal app by April, enhancing access and simplifying the process for subscribers.

EPFO subscribers will soon be able to withdraw provident fund directly into their bank accounts via UPI using a new mobile app launching in April. This initiative aims to streamline the withdrawal ...

Many private sector employees believe that pension benefits begin only at the standard retirement age of 58. However, under ...