EPFO Enhances Auto-Settlement Limit for Advance Claims to ₹5 Lakhs

EPFO had introduced auto-settlement of advance claims during the COVID-19 pandemic to provide timely financial assistance. Over time, the scope expanded to cover claims for illness, education, marriage, and housing. With rapid growth in digital processing, EPFO continues to enhance automation for faster and transparent service delivery.

Minimum Information for Audit Committee & Shareholders in RPT Approval

Following are the key takeaways:
1. Regulation 23(2), (3), and (4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) mandate that related party transactions (“RPTs”) be approved by the audit committee, and by shareholders if the transactions are deemed material.

Schedule A Demo