The retirement fund body Employees' Provident Fund Organisation's (EPFO's) trustees are likely to approve this February (2012) month a proposal to provide 'Contribution Card' similar to a bank pass book to its about 5 crore subscribers from April 1, 2012
The EPFO will make it mandatory for every employer to provide this pass book to his employees. The pass book/card shall have details of account and will be updated every month. The proposal to provide Contribution pass book / Card to subscribers from April 1, 2012, will be discussed at the meeting of the EPFO's apex decision making body CBT (Central Board of Trustees) on February 22, 2012.
The EPFO will make it mandatory for every employer to provide this pass book to his employees. The pass book/card shall have details of account and will be updated every month. The proposal to provide Contribution pass book / Card to subscribers from April 1, 2012, will be discussed at the meeting of the EPFO's apex decision making body CBT (Central Board of Trustees) on February 22, 2012.
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