The EPFO is a firm believer of voluntary complianceand wants to understand the industry issues in case of defaultand non-compliance of the scheme, Central Provident FundCommissioner Sunil Barthwal said.
"The EPFO will start an e-inspection system to monitorvoluntary compliance by the employers," Barthwal said at a CIIevent here.
He said the EPFO is now working on a process whereby aperson will be able to get his or her provident fund on theday of retirement and avail timely pension benefits.
Barthwal said that linking the Universal AccountNumber (UAN) with Aadhaar is required for getting maximumbenefits of the provident fund. DCBDC BDC