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EPFO
EPFO News: What Labour ministry confirmed on the value of investment in ETFs
Mon, Aug 08, 2022
The EPFO has been investing in ETFs since August 2015. Initially, the body decided to invest 5 per cent of its investible deposits into stock markets. Later, the proportion was increased to 10 per cent in 2016-17 and 15 per cent in 2017-18 and onwards
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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 gift to 73 lakh pensioners: Retirement fund body makes digital life certificates submission easy, introduces this feature
Sun, Jul 31, 2022
Digital life certificate: Retirement fund body EPFO on Saturday introduced a facility to allow its over 73 lakh pensioners to submit digital life certificate using face authentication technology from anywhere.
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EPFO board meeting today; retirement fund body likely to approve equity investment limit from 15% to 25%
Fri, Jul 29, 2022
Currently, the EPFO is allowed to invest 15 per cent in equity while the remaining amount in debt instruments. The likley increase in equity will be done in two phases – from 15 per cent to 20 per cent in the first phase while from 20 per cent to 25 per cent in the next phase
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EPFO Account tips: What to do when your EPF amount is not settled in 20 days?
Wed, Jul 27, 2022
EPFO Account tips: A member can apply for withdrawal of the amount at any time unless he has resigned from the establishment. In case, if the member has resigned from service (not superannuation), he must wait for two months for withdrawal of the provident fund
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EPFO Membership: Will EPF accounts earn interest if contribution is not made: 5 lesser known facts
Tue, Jul 26, 2022
EPFO Membership: If a person is working in a establishment without receiving any wages, he is not entitled for a PF membership. Membership is allowed only where the employee receives wages from the establishment
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EPFO for Contractual Employees: Here is how the retirement fund body protects rights of contract staff
Fri, Jul 22, 2022
EPFO for Contractual Employees: Under the EPF & PB Act, Section 8 makes it mandatory for the principal employer by way of statutory duty to ensure that the contractor discharges all his liabilities towards EPF of contractual staff
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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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EPFO Payroll Data May 2022: Check new subscribers added by retirement fund body
Wed, Jul 20, 2022
Age-wise comparison of payroll data indicates that the age-group of 22-25 years has registered the highest number of net enrolments with 4.33 lakh additions during May 2022. This shows that many first-time job seekers are joining organised sector workforce in large numbers, the ministry explained.
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EPF Tax rules: Non-resident account holders must pay applicable cess, surcharge on TDS deductions at these rates
Wed, Jul 20, 2022
EPF Tax rules: Non-resident account holders must pay applicable cess, surcharge on TDS deductions at these rates, cess on TDS, surcharge on TDS, TDS on EPF withdrawal, EPF contribution
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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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EPFO taxability: know who is liable to pay taxes on interest income and how much?
Mon, Jul 18, 2022
High income earners with contributions of over Rs 2.5 lakh per year towards their Employees’ Provident Fund (EPF) are liable to pay taxes on interest incomes if contributions are made over this amount
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EPFO News: EPF EPS Nomination: Follow these 8 steps to Do it Digitally
Thu, Jul 14, 2022
Nominations for EPF and EPS can be submitted digitally. The Employees’ Provident Fund Organisation (EPFO) allows accountholders to submit their EPS and EPF nominations digitally without having the need to do it physically
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