In a major announcement, the Employee Provident Fund Organization (EPFO) has now made it mandatory to file online claims for provident fund withdrawals above Rs 10 lakh.
The step is being seen as another step towards becoming a paperless organisation.
The Employees Provident Fund Organisation (EPFO) has also made it mandatory to file online claims for withdrawals of above Rs 5 lakh under the Employees Pension Scheme 1995.
At present, EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawal as also for pension.
decision was taken at a meeting
chaired by Central Provident Fund Commissioner on January 17, 2018.
It is said that the field offices have been directed that the claims must be accepted online in case the amount of provident fund withdrawal is above Rs 10 lakh.
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