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EPFO told to pay 6% interest on Rs 14 lakh PF claim after 35-day delay: What consumer commission said - The Economic Times
The Mumbai consumer commission ruled against the EPFO, citing service deficiency linked to inadequate communication regarding a joint declaration application. Consequently, the commission mandated EPFO to pay six percent interest on the delayed EPF claim, which was filed by the complainant back in October 2016. EPFO has been instructed to fulfill this directive within a strict timeframe of forty-five days.
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timesofindia.indiatimes.com
EPFO delayed a retiree’s Rs 14.06 lakh PF claim by 35 days, citing a missing document; consumer court rejects defence and orders 6% interest
Your provident fund savings are your retirement corpus. In one case of what the consumer court saw as a delay in disbursal of claim amount, retiree has been awarded a 6% interest…
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economictimes.indiatimes.com
EPFO told to pay 6% interest on Rs 14 lakh PF claim after 35-day delay: What consumer commission said - The Economic Times