EPFO had stopped payment of interest to inoperative accounts from April 1,2011.
Retirement fund body EPFO decided to provide interest on inoperative accounts from April 1st which will be benefiting 9 crore account holders having total deposits of over Rs. 32,000 crore.
The decision was taken by central board of trustees, the Employees Provident Fund Organisation’s apex decision-making body headed by labour minister Bandru Dattatreya.
