EPF Passbook Online: If you also do a private job, then this news is useful for you. Recently, it has been decided by EPFO to increase the interest rate. After this another decision has been taken in the interest of the shareholders.
Union Labor and Employment Minister Bhupendra Yadav launched the e-passbook facility for the subscribers of Employees’ Provident Fund Organization (EPFO). EPFO said in the statement that with this the members will be able to see the details of their accounts in detail.
14.86 lakh subscribers added in January
According to official data, EPFO added 14.86 lakh subscribers in January this year. Yadav, who is also holding the responsibility of the chairman of the Central Board of Trustees (CBT), inaugurated baby crèche centers in 63 regional offices of EPFO. These Cradle Centers have been opened in those regional offices where there are more than 100 employees. Apart from this, the minister laid the foundation stone for the regional office at Prayagraj in Uttar Pradesh.
The Board of Trustees approved a five-year plan to enhance the physical infrastructure of EPFO. This includes land purchase, building construction and special repairs at a cost of Rs 2,200 crore. According to the statement, the Board was apprised of the steps taken to comply with the Supreme Court judgment regarding pension on higher pay.