EPFO recovers Rs 459 crore PF dues out of Rs 1,251 crore outstanding in 2018-19
5 years, 5 months ago

EPFO recovers Rs 459 crore PF dues out of Rs 1,251 crore outstanding in 2018-19

India TV News  

Retirement fund body EPFO has recovered Rs 459.81 crore out of Rs 1,251.44 crore pending provident fund dues during 2018-19, Parliament was informed on Wednesday. The total backlog or outstanding provident fund dues of the Employees' Provident Fund Organisation during 2018-19 was Rs 791.63 crore, Labour Minister Santosh Gangwar said in a written reply to the Rajya Sabha. For realising the arrears under the provident fund, various steps are taken by the EPFO under sections 8B to 8G of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, the minister said. Similarly, the minister said the steps are taken to recover the amount from defaulting employers as per the provisions of section 45 C to 45 I of Employees’ State Insurance Act, 1948.

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