“EPFO Eases Claim Procedures: No More Mandatory Document Uploads”

In a bid to expedite claim settlements and minimize rejections stemming from incomplete documentation, a significant update has been introduced by the Employees’ Provident Fund Organization (EPFO). Henceforth, certain eligible cases will no longer mandate the uploading of check leaf images or attested bank passbooks during online claim submissions.

“Record High Distribution: EPFO Recommends 8.25% Interest Rate for FY2023-24”

The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organization (EPFO) has proposed an 8.25% annual interest rate for the financial year 2023–24. The recommendation came during the 235th meeting of the Board held on February 10, 2024, in Delhi, chaired by the Union Minister for Labour and Employment and Environment, Forestry, and Climate Change.

Updates On Wheat And Rice Procurement

With a combined wheat and rice stock exceeding 600 LMT in the Central Pool, the country is well-positioned to meet requirements under government schemes like the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and other welfare programs, besides market interventions.