EPFO reaches term with SBI
Source: The Sangai Express
Imphal, January 09 2014:
The Employees Provident Fund Organisation has finally solved a major problem of employers covered under EPF and MP Act, 1952 concerning the SBI.
A statement issued by the EPFO said that the SBI has agreed to issue receipt of cheques/draft which were deposited by the employers by dropping the same in the drop box at bank branches.
The issue was taken up personally by Central PF Commissioner, KK Jalan with the Chairman of SBI.
As such, the SBI has directed all its branches to issue receipt of cheques at counters in the bank branches against deposit of EPF dues.
The statement added that in case of any problem faced by the employers, the Addl CPF Commissioner and Regional PF Commissioner at field offices of EPFO may be contacted.