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EPFO settles 5 cr claims worth over ₹2L cr in FY25
The New Indian Express Kalaburagi
|February 07, 2025
THE Employees' Provident Fund Organisation (EPFO) has processed over 5.08 claims, for the first time, amounting to ₹2,05,932.49 crore in FY25.
Labour Minister Mansukh Mandaviya on Thursday said auto claim settlements doubled to 1.87 crore claims in the current financial year, compared to 89.52 lakh auto claims processed during the entire FY24.
The minister highlighted the milestone and said this has been made possible due to a series of transformative reforms initiated by the employees' retirement fund to enhance claim settlement processes.
This story is from the February 07, 2025 edition of The New Indian Express Kalaburagi.
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