EPFO simplifies fund transfers for international workers.

EPFO simplifies fund transfers for international workers. The Employees Provident Fund Organisation has introduced new guidelines allowing direct payments to overseas bank accounts, eliminating previous procedural complexities. The move addresses practical challenges faced by international workers and employers regarding tax documentation requirements. Only countries with Social Security Agreements with India qualify for this benefit. Workers can now receive payments in their home country or a third country of their choice. Regional offices will process claims while a dedicated nodal office in Delhi handles tax form filing. Bank account verification requires employer-attested statements or passbooks. This streamlined approach reduces administrative burden and accelerates fund transfers for global employees.