EPFO has decided to accept provident fund withdrawal claims of over Rs 10 lakh via physical forms submitted offline. In a earlier circular the EPFO had issued instructions to its offices to allow submission of PF claims of over Rs 10 lakh only online.
Employees Provident Fund Organisation (EPFO)
in its circular dated 13 April, 2018 has revised instructions to settle claims for Provident Funds (PF) and Employees’ Pension Scheme (EPS) withdrawals.
As of circular, all the PF claims above Rs 10 lakh now will also be settled via offline submission of forms. This will also hold for EPS withdrawals settlement above Rs 5 lakh.
The decision has been taken due to the problems faced by the members/claimants including the international workers while submitting their claims online.
Considering the grievances raised by members, this stipulation will be kept in abeyance so that so that offline claims will also be accepted in all cases, EPFO said in its circular.
This decision has been in a meeting chaired…………..Read More>>
Source by techiyogiz..