Union Labour & Employment Minister Mansukh Mandaviya on Tuesday said that EPFO has increased Auto-settlement limit for advance claims from Rs 1 lakh to Rs 5 lakhs to facilitate faster fund access for EPFO members, especially in times of urgent needs.
The Employees Provident Fund Organisation (EPFO) provisional payroll data released on Sunday showed that the EPFO has added 16.82 lakh net subscribers in the month of September 2022, which is an increase of 9.14 per cent in net membership as compared to the corresponding month during last ye