Employees who contribute to the Employees’ Provident Fund (EPF) can change or update the nominee for their account at any time. The facility is available online through the EPFO member portal and does ...
Nomination details aren’t set in stone. If life changes, the nominee on your financial accounts can usually be changed too.
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 ...
Following a recent review by the Ministry of Labour and Employment, officials indicated that over 7.11 lakh inactive EPFO accounts, each carrying a balance up to Rs 1,000, will be cleared and the ...
EPFO to settle 7.11 lakh inoperative accounts, crediting ₹30.52 crore directly to Aadhaar-linked bank accounts without paperwork. Learn more.