Sunday, February 14, 2021

About 12% EPFO subscribers yet to get interest payment for FY20

Every year, the EPFO credits interest on establishment basis and not on individual basis. If the details of even one employee in the establishment do not match, payments to the entire establishment get stuck resulting in delays. This year, this glitch has impacted a considerable number of establishments.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3deKttm

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