NEW DELHI: To expedite online exchange of PF records of workers on
evolving occupations, retirement reserve administrator EPFO has begun the
procedure of registering
digital signatures of businesses which is an essential.
As per an official round issued today, Employees' Provident Fund Organization
(EPFO) has coordinated it’s in excess of 120 field business settings to depute
a nodal officer to expedite the procedure of registering digital signatures of the firms.
The office to transfer digital signatures to superintendents might
be accessible on Online Transfer Claim Portal (OTCP) through EPFO official
site.
Consistent with EPFO, the prosperity of online exchange of PF
records might hinge on upon what number of executives registering their digital signatures as it is an
essential for verification of the exchange case.
Taking the first stage towards start of online PF exchange case
offices, EPFO had prior this month revealed the updated exchange claim
structure for the reason.
EPFO is prone to begin the online PF exchange claim office by the
close of the following month. With this, a subscriber of the EPF plan might
have the capacity to apply online for exchange of PF records through his new
management.
The reconsidered 'transfer Claim Form' could be displayed after
confirmation, either through the present executive or the previous employer. Prior,
the shape could be submitted after check just through the present employer.
EPFO has set up a focal freedom house to empower subscribers to
apply online for PF withdrawal and exchange case settlements.
Throughout 2012-13, 107.62 lakh cases were settled, out of which
88 for every penny of cases were handled inside the endorsed 30 days according
to the figure's national contract.
EPFO is needing 1.2 crore claims in 2013-14, incorporating around
13 lakh PF exchange cases. The figure has wanted to settle online around 10
lakh exchange claims of tech-savy candidates from commercial enterprises like
IT and different parts this fiscal.
