Employees Provident Fund
Provident Fund Rule 2023: EPFO to give these subscribers opportunity to avail higher pension — are you eligible?
Sat, Dec 31, 2022
Provident Fund Rule, New PF Rule, Provident Fund Rule 2023, PF Rule 2023: The Employees Provident Fund Organisation (EPFO) will be allowing eligibile suscribers to opt for higher pension in accordance with the Supreme Court order on November 4, 2022.
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EPFO: EPS 1995: Can pensioner who opts for reduced pension at 50 yrs get full pension at 58 yrs? What you need to know?
Mon, Sep 26, 2022
EPS 1995: Can a member of the Employees’ Provident Fund Organisation (EPFO) who has availed reduced pension at the age of 50 get his full pension after attaining 58 years of age. As per the rules of EPFO, once the pension is sanctioned, it cannot be altered
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Will retirement age be increased and what will be its benefits to employees? Central EPFO Commissioner KK Jalan explains
Tue, Sep 06, 2022
Retirement fund body EPFO is in favor of increasing the retirement age of employees. It has said that the retirement age must be change with the view of life expectancy. It has argued that the pension system could be made more robust if the retirement image of the employee is increased
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EPF Pension Scheme: From formula to exemptions, top 10 facts that you must know
Thu, Aug 04, 2022
The pension contribution by an account holder of the Employees’ Provident Fund Organisation (EPFO) is a diversion from the employer’s share of Provident Fund (PF). There is no contribution towards pension from the employee.
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EPFO Forms list: 6 types of forms for settlement/withdrawal, pension, transfer or nomination - details
Wed, Aug 03, 2022
EPFO is one of the World's largest Social Security Organisations in terms of clientele and the volume of financial transactions undertaken. At present it maintains 24.77 crore accounts (Annual Report 2019-20) pertaining to its members
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EPFO Tips: What to do if your employer is defaulting on its contribution towards your account? Know these 5 rights
Thu, Jul 21, 2022
In case, employer fails to carry out his obligations, the account holder has a remedy that he can avail. EPFO can invoke penal provisions of the Act to recover dues from employer. Complain can also be lodged with the police under section 406/409 of IPC by EPFO for action against such employers
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When is EPF withdrawal taxable? Is TDS deducted on transfer of fund, payment of advance?
Tue, Jul 19, 2022
EPFO Taxability: A member with the Employees’ Provident Fund Organsiation (EPFO) is liable to pay TDS (Tax Deducted at Source) on withdrawal of his Employees’ Provident Fund (EPF) if his term of service is less than five years and the accumulated amount in the his EPF account exceeds Rs 50000
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Dhanteras 2021: What are investment options that can earn profit, save tax this Diwali? Know expert advice
Tue, Nov 02, 2021
Chadha shares tax-benefit investments such as Public Provident Fund, National Pension Scheme, Employees Provident Fund, Sukanya Samridhi Schemes, Senior Citizens Saving Schemes
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PF Withdrawal: Employees Provident Fund alert! Check STEP-by-STEP guide on how to change bank account number
Mon, May 10, 2021
Since the outbreak of the coronavirus pandemic, lots of people have lost their job while several others income declined. On the other hand, the expenses have increased owing to medication and health reasons. To tackle the funding crunch many Provident Fund (PF) subscribers are withdrawing their investments.
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EPF News: How important is provident fund? EPFO EXPLAINS why it is so important
Thu, May 06, 2021
As soon as people start earning, they try exploring various savings and investment schemes. The salaried class of the country contribute a part of their salary towards the Employees' Provident Fund (EPF) which is a popular savings scheme introduced by the Employees' Provident Fund Organisation (EPFO).
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EPFO members alert! Want to change mobile number in EPF passbook online; do this at epfindia.gov.in
Wed, Mar 03, 2021
EPFO or Employees' Provident Fund Organisation has introduced the Universal Account Number (UAN) for all EPFO members. This UAN is a 12-digit number that each EPF passbook or EPF account holder is allotted. This UAN remains constant throughout an employees’ professional life.
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Interest on PF contributions above Rs 2.5 lakh pa to be taxed: What does this mean, how it affects common man and middle class - EXPLAINED
Tue, Feb 02, 2021
Union Finance Minister Nirmala Sitharaman on Monday announced the Budget 2021, her third budget overall. The Finance Minister kept the income tax slab intact, much to the disappointment of the common man. However, she also made an announcement regarding the interest earned on provident funds
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EPFO subscribers alert! This app can make your money claiming process super easy
Fri, Aug 14, 2020
One of the biggest challenges for subscribers of the Employees' Provident Fund Organisation (EPFO’s) is to get their EPF claim amount, after switching jobs or post retirement. The Unified Mobile Application for New-age Governance (UMANG) can make life easier for the subscribers of the retirement benefit fund.
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Planning to withdraw PPF, EPF money? Here are tax implications you must know
Wed, May 13, 2020
The coronavirus outbreak has put a lot of people in a tricky spot. Several companies have been forced to put salaries on hold while those who were self-employed have no source of income left with most businesses shut during lockdown.
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