Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
EPFO sets 3-day PF settlement rule, to fine officials for delays
short by Vaishnavi Mishra / on Saturday, 4 July, 2026
Employees' Provident Fund Organisation (EPFO) has introduced a new rule to settle eligible PF withdrawal claims within three days. Under the rules, officials responsible for unjustified delays could face a 12% annual penal interest charge, which would be added to the subscriber's payout for the delayed period. The move aims to give employees faster access to their savings during unemployment.
read more at NewsBytes