India  

EPFO eyes raising auto-settlement limit to Rs 5 lakh

IndiaTimes Monday, 31 March 2025
EPFO is proposing to increase the auto settlement limit for its subscribers from Rs 1 lakh to Rs 5 lakh, pending approval by the central board of trustees. The organisation has already streamlined the claim process significantly, resulting in faster settlements and an expected record of over 6 crore settlements this year.
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