Lucknow: The Employees’ Provident Fund Organisation (EPFO) launched proceedings against Sahara India entities to recover more than Rs 1,200 crore in unpaid provident fund dues.EPFO’s Lucknow regional office on Monday stated, “Multiple recovery certificates were issued over the last few years for non-payment of statutory PF contributions and allied charges. These certificates were issued between April 2021 and April 2023 against various Sahara India establishments operating under the EPF Act.”The recovery details show four major claims, including one exceeding Rs 1,179 crore, while other amounts range from about Rs 31 lakh to over Rs 23 crore. Combined, the total outstanding stands at approximately Rs 1,204 crore.“Recovery action is being pursued under the EPF Act to protect the social security and retirement benefits of employees. Recovery officers have been asked to take coercive steps, including attachment and sale of movable or immovable properties of Sahara India in Lucknow,” said official sources.
Trending
- Iran at the Edge: How Revolutionary Regimes Unravel
- NASA confirms bus-sized monster asteroid 2026 HJ1 is roaring past Earth today, sparking a wave of global attention |
- Apple names John Ternus as next CEO: Why what CEO Tim Cook told employees that ‘now is the right time to exit’ has analysts asking questions
- India Post GDS 3rd merit list 2026 expected to be released soon at indiapostgdsonline.gov.in: Check details here
- SA Chandrasekhar REACTS to son Thalapathy Vijay’s ‘Jana Nayagan’ controversy; says ‘We expected these problems’ | Tamil Movie News
- BJP jittery of backlash from PDA over women quota bill: Akhilesh | Lucknow News
- Long UPSC prep cycles take heavy toll on aspirants’ mental health
- Tim Cook in memo to employees on his exit as Apple CEO: I have never been more …
