EPFO has authorised a Communication Framework Doc which can assist in the well timed dissemination of data throughout the retirement fund physique and its stakeholders, an official assertion stated on Wednesday. The EPFO board additionally authorised the Draft Audit Handbook which can assist standardize audit procedures, present a coaching useful resource for workers, facilitate decision-making, and consolidate audit data in EPFO, the Ministry of Labour & Employment stated in an announcement.
The selections have been taken at EPFO’s 71st Basis Day on Tuesday.
Apart from a Draft Exemption Handbook was additionally authorised by the board which can assist in streamlining the procedures, coaching and consolidating the knowledge.
Union Minister for Labour & Employment Bhupender Yadav together with Union Minister of State for Labour & Employment Rameshwar Teli inaugurated the inspiration day occasion.
“Minister Yadav exhorted EPFO to turn into a hassle-free and technology-driven group. He expressed satisfaction that EPFO is giving 8.15 per cent curiosity this yr and has already credited curiosity in additional than 24 crore accounts,” the ministry assertion stated.
