TODAY -
SBI agrees to issue receipt of cheques
Source: Hueiyen News Service
Imphal, January 09 2014:
Resolving a major problem of employers covered under Employees' PF & MP Act, 1952, the State Bank of India (SBI) has agreed to issue receipt of cheques/draft, etc deposited by employers by dropping the same in the drop box at bank branch.
The issue was taken up by KK Jalan, Central PF Commissioner, Employees Provident Fund Organization (EPFO) with Chariman of SBI.
Following the development, the SBI has directed all its branches to issue receipt of cheques at the counter in the bank branch against deposit of EPF dues.
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