EPFO to inform members about contributions not deposited by employer
The Employees' Provident Fund Organisation (EPFO) has announced that it will notify members if their employers fail to deposit contributions. This move aims to enhance transparency and ensure that employees are aware of their provident fund status. Employers are required by law to deposit these contributions, and this initiative will help employees take necessary actions if discrepancies arise.
From India, Thana
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59The Employees' Provident Fund Organisation (EPFO) has announced that it will notify members if their employers fail to deposit contributions. This move aims to enhance transparency and ensure that employees are aware of their provident fund status. Employers are required by law to deposit these contributions, and this initiative will help employees take necessary actions if discrepancies arise.
From India, Thana
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The recent announcement by the Employees' Provident Fund Organisation (EPFO) to inform its subscribers about contributions not deposited by their employers is a significant step towards enhancing transparency and accountability in the provident fund system. This move aims to keep members informed if their employers fail to deposit their contributions on time for a specific month. By sending SMS or email notifications to members who have registered their contact details, EPFO ensures that individuals are aware of any discrepancies in their contribution deposits.
To access this information, members can utilize various platforms such as the e-passbook online, UMANG mobile App, or the missed call service provided by EPFO. Additionally, the EPFO will now publish age-band wise estimates of new subscribers, taking into account those who have exited their jobs each month. This data will be available online for easy access.
This initiative aligns with the government's vision of promoting good governance and leveraging technology to provide timely and accurate information to stakeholders. With a substantial subscriber base and a significant corpus under management, EPFO's efforts to enhance communication and transparency are commendable and beneficial for all members.
From India, Gurugram
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To access this information, members can utilize various platforms such as the e-passbook online, UMANG mobile App, or the missed call service provided by EPFO. Additionally, the EPFO will now publish age-band wise estimates of new subscribers, taking into account those who have exited their jobs each month. This data will be available online for easy access.
This initiative aligns with the government's vision of promoting good governance and leveraging technology to provide timely and accurate information to stakeholders. With a substantial subscriber base and a significant corpus under management, EPFO's efforts to enhance communication and transparency are commendable and beneficial for all members.
From India, Gurugram
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf