Government allows bulk transfer of provident fund from exempted establishments

Government allows bulk transfer of provident fund from exempted establishments

In a move aimed at improving the ease of doing business, government has allowed bulk transfer of provident fund from exempted establishments to the Employees‘ Provident Fund Organisation in one go. The move is expected to benefit 1500 exempted establishments of EPFO. Till now exempted establishments had to approve and transfer the funds one-by-one for … Read more