EPFO settles 118 lakh claims in FY16, 96% in 20 days
Free Current Affairs to Your Email
Posted on:13 Apr 2016 18:09:25
13 April 2016 Current Affairs:
Employees' Provident Fund Organisation (EPFO) has settled 118 lakh claims including PF withdrawals during last fiscal.As per EPFO, of the total settled claims, 96 per cent were settled within the mandated period of 20 days. The EPFO also redressed over two lakh grievances during the fiscal year 2015-16.In order to widen the social security scheme, the government took a major decision to bring all banks under the ambit of Employees Provident Fund and Miscellaneous Provisions Act employing 20 or more persons. All such banks will be covered under the Act with effect from 10th of February this year.
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.