new Delhi. Employees Provident Fund Organizations managing retirement fundsEPFO) To its members COVID-19 Has settled 46 lakh clearance claims to help overcome the difficulties posed by. Under this, the organization has disbursed Rs 920 crore. The EPFO gave its information on Friday.
Under the Pradhan Mantri Garib Kalyan Yojana (PMGKY), the government has provided a non-refundable advance payment scheme in the critical situation of corona virus. The scheme started in April. Under this, EPFO shareholders can withdraw half of the total deposit of their provident fund account or the basic salary of three months – basic salary plus dearness allowance, whichever is less. The EPFO said in a statement that the EPFO has so far settled around 46 lakh claims and disbursed around Rs 920 crore since the Kovid-19 epidemic, furthering the social security campaign.
The EPFO has fixed a maximum time limit of three days for settlement of provident fund withdrawal claims in view of the difficulties related to Kovid-19. According to the EPFO statement, Delhi West Regional Provident Fund Commissioner Uttam Prakash said that the Delhi West office of the EPFO was the highest claims receiving office in the country. The office added some innovative methods and improved work experiences to its claims to be settled on a daily basis. Uttam Prakash said that EPFO Delhi West Office has so far processed and settled around one lakh Kovid-19 claims worth Rs 155 crore.
There will not be a financial crisis during Kovid-19, this way you can withdraw money from PF account
This post was published on August 29, 2020 10:23 am
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