LIC, EPFO could start investing in Indian startups, do investors need to worry?
If the government allows LIC and EPFO investments in Indian startups, then the country’s startups won’t have to depend on foreign fundings for their growth.
Aug 19, 2021, 18:22 PM ISTMumbai EPFO staff siphoned off over Rs 21 crore during COVID-19 pandemic
The fraudulent transactions were done between March 2020 and June 2021 and more than 817 bank accounts of migrant workers were used.
Aug 17, 2021, 22:51 PM ISTHow to change name in PF account after marriage – Step by step process explained here
In order to solve problem of people who could have given incorrect name, or for people who want to update their surname after marriage, the Employees' Provident Fund Organisation's (EPFO) has in place a facility to change name or update name.
Aug 11, 2021, 10:26 AM ISTEPFO-Aadhaar Linking Alert! Here’s how to link these documents online till THIS date
For mandatory linking, EPFO has made several changes in section 142 of the Social Security Code 2020.
Aug 07, 2021, 13:50 PM ISTEPF Withdrawal: Here’s how you can avail instant Rs 1 lakh without any document
The accumulated amount can be withdrawn in the event of retirement, or resignation. However, witnessing the tough times for many, the EPFO has now given a chance to the employees to withdraw a part of the amount in case of these crises.
Aug 06, 2021, 13:43 PM ISTHow to withdraw up to Rs 1 lakh advance from EPF for medical emergency – Follow these 10 easy steps online
An EPF subscriber can also take up to Rs 1 lakh medical advance for the treatment of any life-threatening diseases including COVID-19.
Aug 04, 2021, 14:03 PM IST8.5% interest rate to be credited in account by tomorrow? Check PF balance using these 4 ways
PF subscribers can check their PF Balance from the comfort of home using four different ways --check PF balance using SMS, online, missed call and UMANG App.
Jul 30, 2021, 10:18 AM ISTWant to withdraw money from PF account? Here’s how to avoid THESE mistakes
However, looking at the dastardly effects of the COVID-19 pandemic, EPFO has now allowed the members to withdraw a certain amount from the PF account in case of the COVID-19 crisis or in the case of unemployment. EPF account yields a return of 8.5% annually.
Jul 27, 2021, 21:29 PM IST8.5% interest rate to be credited in account by July end, here are 4 ways to check PF balance from home
PF subscribers can check their PF Balance from the comfort of home using four different ways --check PF balance using SMS, online, missed call and UMANG App.
Jul 26, 2021, 13:47 PM ISTExplained – How to check PF balance online without UAN number
PF Subscribers can check EPF account balance in four different ways – a. Through online, b. Through UMANG App, c. Through SMS and d. Through MISSED Call.
Jul 22, 2021, 16:41 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 Withdrawal: Avoid THESE mistakes while taking out money from EPF account
PF is a fund that involves contributions from both employers and employees equally and an employee can withdraw a portion of money from the account during emergency or in case of retirement or resignation.
Jul 12, 2021, 11:49 AM ISTEPFO Alert! THESE PF withdrawal options can help in crisis
Earlier, it was 12 percent for private organisations. The employer and employee deposit their contribution with the Employee Provident Fund Organisation (EPFO) every month. This can be further withdrawn in certain events like retirement, or resignation.
Jul 09, 2021, 20:04 PM ISTEPFO alert! Employees won’t receive PF money if they don’t do THIS
Previously, the last date set by the Employees’ Provident Fund Organization (EPFO) to link the 12-digit Aadhaar with PAN card with PF accounts was June 1, 2021.
Jul 08, 2021, 16:18 PM ISTWithdrawing PF immediately after job change? Think twice or face THESE problems
One of the major disadvantages of early PF withdrawal is that if you withdraw the entire amount before contributing for five years, then you won’t be able to claim any tax benefits under section 80C of the income tax act.
Jul 04, 2021, 22:09 PM ISTPF withdrawal request rejected? Avoid THESE mistakes to receive Provident Fund savings on time
Both employee and employer contribute 10% of employees basic salary monthly as part of PF investments to the former’s account registered with the Employee Provident Fund Organisation (EPFO).
Jun 30, 2021, 16:11 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 ISTFrom PF advance to Aadhaar-UAN linking, here are 5 EPF updates in 2021 that you should know
Employees' Provident Fund Organisation (EPFO) has in the recent times come up with several guidelines and offered facilities to its subscribers who are saddled with economic burden amidst the onslaught of the COVID-19 Pandemic.
Jun 17, 2021, 16:29 PM ISTBIG update on EPFO-Aadhaar linking, PF subscribers must know the latest development
The date of implementation for filing electronic challan cum receipt or PF return with Aadhaar verified UANs has been extended by EPFO.
Jun 16, 2021, 11:58 AM ISTPF advance needed? Here’s how to check account balance via missed call or SMS
One can easily check the PF balance by making a missed call or by sending an SMS. You can also check the balance from the EPFO’s official website but that process is really long, can be burdensome for technologically challenged investors of PF.
Jun 13, 2021, 07:56 AM IST