12 May 2016 India launches drive for consolidated Provident Fund accounts The Employees' Provident Fund Organisation (EPFO) launched an initiative on May 1, to encourage Provident Fund members to consolidate their accounts. Special tools have been developed to allow members to consolidate all accounts from current and past employments into a single account that can then be managed online. A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details. Document ID: 2016-0855 |