EPFO to launch e-inspection system to simplify process
Live MintEPFO will launch an e-inspection system that will simplify inspection process and ensure organisations with open communications will not be subject to physical inspection until absolutely necessary, according to Central Provident Fund Commissioner Sunil Barthwal. EPFO proposed to amend the Act to limit enquiry period to a maximum of two years in order to curtail harassment, he also said at a Confederation of Indian Industry-organised interactive session last Friday, a CII release said. A small percentage of employees are unable to generate UAN due to mismatch in data, Barthwal said, adding to address this issue, the EPFO is looking at alternative authentication vis-a-vis the employee database. "The EPFO is working towards a three-day settlement period for KYC compliant beneficiaries who have UAN linked to Aadhaar, have a bank account and a registered mobile number," the release quoted him as saying.