Want to become a crorepati? Here’s how you can get over Rs 1.5 crore from your monthly EPF contribution
The EPF fund generally gets an interest rate of 8.5 percent for the financial year 2020-21 and this is generally higher than many fixed deposits on several banks and many government schemes available in the market.
Aug 10, 2021, 15:35 PM ISTExplained – How to change or update EPFO bank account number online
Here are few simple and easy steps on how to change your EPFO Bank details online.
Jul 21, 2021, 12:22 PM ISTPF update: You can avail non-refundable advance in case of unemployment, claims settlement within three days
Non-refundable withdrawal to the extent of the basic wages and dearness allowances for three months or up to 75% of the amount standing to member's credit in the EPF account, whichever is less, is provided.
Jun 21, 2021, 11:56 AM ISTEPF investors can withdraw up to Rs 1 lakh advance for medical emergencies, here’s how to apply
Employees' Provident Fund (EPF) is allowing its members to withdraw up to Rs 1 lakh advance against their investment in the state-owned fund in cases of a medical emergency.
Jun 03, 2021, 17:13 PM ISTHow to change or update EPFO bank account number online, know step by step process
The EPFO Online member portal allows a host of services to its members to access, that range from checking their passbook, tracking their EPF fund, transfer their claim online and a lot more. One such facility that EPF members can avail of is updating their bank details via the UAN portal.
May 04, 2021, 14:55 PM ISTIn need of money for COVID crisis? Here’s how to withdraw advance from your PF account using THIS app
According to the Ministry of Labour and Employment, there’s no lock-in period for all corona claims, meaning that you can withdraw funds from your PF account even it was set up only a few months before.
Apr 23, 2021, 18:02 PM ISTPF investors, save more by investing in voluntary provident fund
Since interest rates are the same in EPF and VPF, you might see your money grow faster in the voluntary provident fund than your investments in other debt instruments.
Apr 21, 2021, 20:20 PM ISTLooking to withdraw your PF? Here’s how you can do it in a few simple steps with EPF Form 31
The EPF Form 31 is basically an application for withdrawing an advance from your EPF account under certain circumstances like purchase or construction of the home, repayment of a home loan, in case of medical emergencies, the wedding of self or sibling or child, and the education of child or sibling.
Apr 15, 2021, 17:20 PM ISTNo more dependence on previous company for PF transfer or withdrawal, check how to update Date of Exit online on EPFO website
According to EPFO, if your date of exit is not updated, you will not be able to withdraw money from your EPF account nor transfer the account from the previous company to the new one.
Mar 08, 2021, 13:37 PM ISTNew Provident Fund tax rules from April 1: Know how it will affect you
Every month at least 12 per cent of an employee's basic salary and performance wages is mandatorily deducted in the form of Provident Fund. The employer adds 12 per cent from his share. In this fashion, the government wants to limit the high-salaried persons from self contributing more to their Provident Fund accounts.
Feb 21, 2021, 17:06 PM ISTBudget 2021: Answer to every question related to interest on Provident Fund
The contribution of Provident Fund in Budget 2021 has also been brought under the tax net. The interest received on the contribution of more than 2.5 lakhs in PF will be taxed. The purpose of this proposal of the government is to impose a tax on the employed people who get big salaries.
Feb 02, 2021, 17:48 PM ISTEPF reduction: Your take home salary to increase but be prepared for income tax liability
Finance Minister Nirmala Sitharaman had on May 13 announced reduction in EPF contribution for the next three months.
May 26, 2020, 17:17 PM ISTYour take home salary to increase, govt notifies cut in EPF contribution to 10%
This will benefit nearly 4.3 crore provident fund subscribers and and as many as 6.5 lakh establishments will also avail this benefit from this.
May 19, 2020, 10:10 AM ISTEPFO announces major relief for companies, no penalty for delayed deposit
The move is aimed to ease the compliance norms for 6.5 lakhs EPF covered establishments and save them from liability on account of penal damages.
May 15, 2020, 18:11 PM ISTEPFO eases norms for employers, allows to register digital signatures via e-mail
Currently, authorised persons of employers have to go to the Employees' Provident Fund Organisation (EPFO) offices to get their digital signatures registered.
May 06, 2020, 17:42 PM ISTWhat is General Provident Fund, its interest rate and who can subscribe?
General Provident Fund are meant for all government servants and comes under Department Of Pension & Pensioners' Welfare.
May 06, 2020, 15:28 PM ISTEPFO allows firms to file PF returns without simultaneous payment of dues
Currently, the employers are required to file provident fund (PF) returns and make payment of dues simultaneously.
May 01, 2020, 13:02 PM IST6.5 crore EPFO members to get 8.65% interest on deposits for 2018-19
The Central Board of Trustees, highest decision-making body of the EPFO, had in February approved 8.65% interest rate for the last fiscal.
Sep 17, 2019, 14:30 PM ISTEPF trust approves restoration of commuted value of pension to pensioners after 15 years
This was a long pending demand of the pensioners and will benefit approximately 6.3 lakhs pensioners.
Aug 22, 2019, 16:15 PM ISTUnable to withdraw EPF, Odisha man threatens to commit suicide
Santosh Jena is an employee with the General Electrical Department in Baripada of Mayurbhanj district in the state.
Oct 05, 2018, 07:36 AM IST