Inoperative EPF accounts with up to Rs 1,000 to settle automatically | India News
NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) is set to automatically refund money lying unclaimed in nearly seven lakh small-balance inoperative accounts without requiring any claim application or paperwork from account holders, as part of a new pilot slated to be launched in the coming days, labour minister Mansukh Mandaviya said Monday. The inoperative…