In a major relief for lakhs of employees, the Employees’ Provident Fund Organisation (EPFO) is reportedly planning to auto-settle around Rs 5,200 crore lying in inactive provident fund (PF) accounts, aiming to simplify access to long-unclaimed savings. Auto-settlement system in the works According to reports, EPFO is developing an automated settlement mechanism that will allow … Continue reading EPFO may auto-settle Rs 5,200 crore inactive PF funds