The total amount in inoperative Employees’ Provident Fund (EPF) has jumped over five fold to ₹8,505.23 crore in financial year 2023-24 from ₹1,638.37 crore in fiscal year 2018-19 ...

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Inoperative EPF accounts have seen a five-fold increase, reaching Rs 8,505.23 crore in FY24 compared to Rs 1,638.37 crore in FY19. The EPFO clarified these accounts are not unclaimed and will be ...