Business Standard

EPFO stops correction in member profiles online over fraudulent withdrawals

The organisation in its circular, issued ahead of 2020-21 interest announcement, has ordered its field offices to not entertain any such request for correction in name

Almost a million payroll additions in September highest in 13 months
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The interest rate for 2020-21 is expected to be announced in the first week of March.

BS Web Team New Delhi
The Employees Provident Fund Organisation in a circular stopped the “major corrections" option in member profile stating that it could lead to mismatch of records and fraudulent withdrawals. 

The organisation in a circular said, "A complete change in the member profile cannot be allowed in the normal course through online or offline process, except in extreme situations where it has been proven that the member’s name has been changed following the due process prescribed in law, or there has been an erroneous upload of data by the employer on production of documentary evidence, by the member and employer, and after

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