Retirement fund body EPFO is likely to start online transfer of PF accounts on changing jobs by this Independence Day on August 15, a move that would benefit over 13 lakh such applicants every year, PTI reported.
The Employees' Provident Fund Organisation (EPFO) has started registering digital signatures of employers from Thursday which is a prerequisite for providing the facility and is expecting an overwhelming response from employers. According to sources, EPFO is hopeful that a sizable number of firms would get their digital signatures registered in the next two weeks and the body can then launch the service.
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