News: Experts advise on claiming EPF soon

Compensation & Benefits

Experts advise on claiming EPF soon

Experts advise that employees who have not claimed or transferred their EPF money from their previous employment should make necessary arrangements to withdraw or transfer it soon. EPF’s rate of interest is tax-free and risk-free and provides inflated-adjusted returns. Moreover, EPFO has stopped paying interest to inoperative accounts that were more than three years old.

Experts advise that employees who have not claimed or transferred their EPF money from their previous employment should make necessary arrangements to withdraw or transfer it soon. EPF’s rate of interest is tax-free and risk-free and provides inflated-adjusted returns. Moreover, EPFO has stopped paying interest to inoperative accounts that were more than three years old.

Read the Hindustan Times news report here.

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Topics: Compensation & Benefits, #Trends, #National, #TotalRewards

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