EPFO added 16.02 lakh subscribers in January 2024, with a significant influx of youth members. Female participation increased, indicating a shift towards a more inclusive workforce. The data reflects continuous updates since April 2018.
A PPO is a distinct 12-digit code allocated to each pensioner participating in different schemes in India, such as the Employee Provident Fund and Central Pension Accounting Office. It serves as a vital identifier for all transactions and communications about your pension.
EPFO members nominate family for provident fund distribution. Legal heirs inherit funds if no nominee is declared. Recent Supreme Court ruling prioritizes succession laws over nomination process for fund distribution.
A company could not avail benefit of the Sabka Vishwas scheme as it was under moratorium under IBC - The Courts are meant to do justice and cannot compel a person to do something which was impossible.
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