The Employees’ Provident Fund Organisation (EPFO) is working to automate the process for settling provident fund withdrawal claims. Speaking at an event, Central Provident Fund Commissioner of EPFO Ramesh Krishnamurthi said, the government is also going to initiate auto-settlement of final withdrawals. He said that EPFO is working for auto-settlement and auto-transfer of provident fund accounts in case a member shifts employers. The EPFO has more than seven crore members.
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