New Delhi: The finance ministry has clarified there is no loss of interest rate for Employees' Provident Fund Organisation subscribers and the delay in crediting interest for the last fiscal is due to software upgrade being conducted. It has further said that for all outgoing subscribers seeking settlement and also those withdrawing their deposits, the payments are being done inclusive …
Provident Fund is mainly considered as a retirement-oriented investment option, which is mandatory for an employee. However, due to the lack of Universal Account Number or UAN and PF account number and some formalities required for transfer of the EPF account, it has been found that employees don't transfer their previous EPF account to the new place of work. In …
