A consumer commission ordered EPFO to refund ₹1,350 plus interest after miscalculating an employee’s EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.
A consumer commission ordered EPFO to refund ₹1,350 plus interest after miscalculating an employee’s EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.