Interest on Inoperative Accounts
The collective recommendations from the circle along with the poll results on EPFO paying interest on inoperative accounts has been presented to EPFO and the same will be reviewed by a High Level Committee today.
Over 75% of you said that interest should be paid on such accounts.
We are hopeful that EPFO will consider the collective ask of citizens and implement it. more
Over 75% of you said that interest should be paid on such accounts.
We are hopeful that EPFO will consider the collective ask of citizens and implement it. more
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Efforts should be made to make Indian citizen alert, sensitive and vigilant. Why inoperative accounts remain so, for years together. These steps to give interest on inoperative accounts make Indians dumb. more
Apr 05
The statements of a/c should be sent at the available permanent address of the inoperative a/c holders every year so that they can claim refund in case of need. more
Apr 03
MODIJI ,IF U WANT 2 WIN ELECTIONS ,U SHOULD WORK HARD ,HE SHOULD MEET THE FARMERS PERSONALLY & GIVE THEM THEIR HELP CONNECT WITH THE PEOPLE DIRECTLY ,NOT ONLY WITH MAN KI BAAT ,BECAUSE THEY WANT SOMETHING FROM U,EXPOSE MAMTA ON STING OPREATION & CHIT FUND SCAM,EXPOSE JAYLALITA WITH LOTS OF SCAMS,DO SOMETHING SEVERE & UNSELFISHLY ,CLEAN INDIA BY CLEANING THIS DIRTY PEOPLE, EXPOSE LALU,PAWAR,RAHUL,TATKARE ETC ALSO U CAN GET PLENTY OF MONEY FROM THESEDEMONS, PLEASE SAVE FARMERS,WORKERS,& POORS ETC COZ THEY R BACKBONE OF INDIA ,PLZ BETRYL WITH ANY OF POOR FARMERS & WORKERS,UR PLANS R WONDERFUL BUT U MUST C WHETHER THEY R IMPLEMENTED OR NOT ,PLEASE SIR DO THIS FAST ,STOP UR FOREIGN TOURS & LOOK AT INDIA & BEHAVE LIKE GANDHIJI & STROLL OVER INDIA & TRY TO SOLVE THE PROBLEMS & THEN ONLY U WILL WIN ,BEST OF LUCK ,DON'T ANGRY WITH ME BUT U MUST DO THIS BECAUSE PEOPLE R SAYING NASTY THINGS ABOUT U & I DON'T LIKE THIS AT ALL ,BE STRICT & PUNISH THE CORRUPT PEOPLE more
Apr 01
The most important issue is that INTEREST ON INOPERATIVE P.F. ACCOUNTS shall not be applied on those accounts from completion of ONE YEAR from the month the Member resigns from an establishment . Amounts of such Accounts shall be maintained in Dead Account Funds that shall not carry any interest from the day transferred . The EPFO shall make it mandatory to inform specifically with a separate Form about the cessation of Services of a Member either due to Resignation , or Termination or on any other cause . more
Mar 31
Yes it has to be given and also the amount should be automatically informed to the owner. Also the nationalised banks sometimes debit amounts on inoperative savings account and steal the amount .This practice should be stopped. more
Mar 31
