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EPFO reviews online PF withdrawal plan after SC ruling

The Employees' Provident Fund Organisation (EPFO) is cautious after the apex court ruled earlier this month that the production of an Aadhaar card will not be a condition for obtaining any benefits otherwise due to a citizen.

The comments come as EPFO said on Thursday it would invest in stocks this year for the first time.
The investment would begin with 1 per cent of EPF-related money which could eventually go up to 15 per cent, Union Minister of State for Labour Bandaru Dattatreya said.
However, these employers would have to make payments electronically through Internet banking after September this year.