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India economy news: Private sector's default on PF dues has risen by almost 10% in last 5 yrs, says EPFO's draft report

The private sector s default on provident fund dues with the Employees Provident Fund Organisation (EPFO) has increased by almost 10% over the last five years, resulting in arrears of over Rs 15,000 crore for the retirement fund body in 2022-23. The majority of these defaults occurred in the first two years of the pandemic. ....

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