The Economic Times

EPFO board to take up CITES on July 25: Meet to ratify key provisions; CBT to discuss automatic transfers, simplified withdrawals

The Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meeting will ratify crucial elements of the new centralised IT project. The CITES project aims to significantly enhance services for millions of subscribers. Simplified rules for partial withdrawals and automatic PF transfers are expected. Easier access to member information will also be a key benefit.