May 3, 2026
Headlines

EPFO

TeamLease Faces Rs 184 Crore EPFO Notice Amid Allegations of Financial Mismanagement

TeamLease Faces Rs 184 Crore EPFO Notice Amid Allegations of Financial Mismanagement

Business News Desk03 mins mins

Staffing giant TeamLease Services has received a formal notice from the Employees’ Provident Fund Organisation (EPFO) demanding Rs 184 crore, citing allegations of financial irregularities, including the misappropriation of reserves and reported losses. The notice, issued earlier this week, marks a significant escalation in regulatory scrutiny over the company’s handling of employee provident fund contributions…

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EPFO to Launch E-PRAAPTI Portal for Inoperative Accounts Amid Record FY26 Settlements

EPFO to Launch E-PRAAPTI Portal for Inoperative Accounts Amid Record FY26 Settlements

Business News Desk03 mins mins

The Employees’ Provident Fund Organisation (EPFO) announced this week that it will launch the E-PRAAPTI portal, a digital initiative designed to streamline the recovery of inoperative accounts. This development follows a record-breaking fiscal year 2026, during which the organization processed unprecedented levels of member settlements, highlighting the urgent need for modernized administrative infrastructure. Context of…

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