Financial Literacy News: The Employees' Provident Fund Organisation (EPFO) offers a convenient solution for its members when changing jobs: automatic transfer of EPF accounts. Despite its usefulness, this facility remains relatively unknown.
The EPFO, in a circular on February 8, 2024, asked its Field Offices not to accept claims associated with bank accounts in Paytm Payment Bank Limited (PPBL) with effect from February 23, 2024.
Short remittances of PF dues over Rs 3.55 crore were noticed by accounts department which wrote to the manager of Jet Airways seeking their bank statement, but