Employees’ Provident Fund Organisation (EPFO) is considering giving its subscribers an opportunity to decide on options for equity investment. Till now EPFO’s subscribers do not have this option and the orgnisation itself invests up to 15 percent through its fund managers in equity market. The interest of people in the PFRDA regulated National Pension Scheme is increasing rapidly… Read More »
In a good news for Provident Fund (PF) members, Employee Provident Fund Organization (EPFO) has settled more than 1 crore claims and disbursed Rs 35,000 crore. These claims include final PF settlements, death claims, partial withdrawal or advance including LIP and Covid-19, according to details provided by the Ministry of Labour and Employment. The amount has been disbursed… Read More »
Salaried representatives can pull out from their EPF account with specific conditions in extraordinary conditions whenever required. The Employees Provident Fund Organization (EPFO) permits this. Nonetheless, ordinarily, the worker has trouble pulling out from the record. One of the principal explanations behind this isn’t connecting your current financial balance with the PF account. Ordinarily, it happens that the… Read More »
EPF Name Change / DOB Correction / Father’s Name Correction Process We daily receive many queries on how to update or correct EPF UAN Name / DOB / Father’s Name or any other details online or offline. You might have forgotten your password or your phone number has changed, changed address or some issues with EPF UAN. So… Read More »
EPFO will be online, All Services will be a Click Away By August 2018 TO reduce the corruption and harassment of public EPFO is going to take a big step to stop the same. Employees Provident Fund Organisation is planning to go online according to directions of Digital India initiative of PMO and Government of India This step… Read More »
Now You can submit your EPF claim settlement online without intervention of employer and EPF employees. You should have a KYC verified UAN account and registered and active mobile number. Your UAN account must have your Bank account details to submit a PF claim online. With an overview to make EPF services more user friendly EPFO is making… Read More »
Withdraw PF in half time from 1st May 2017 Now On you can withdraw PF in half time as online claim facility is introduced by Retirement fund manager on 1st May 2017. Retirement fund manager has reduced the claim settlement period for different claims. EPF withdrawal, Insurance and pension claims are to be settled in 10 days in… Read More »
Declaration of Rate of Interest for the Employees’ Provident Fund Members’ Account for the year 2015-16. It is to intimate that the Ministry of Labour and Employment, Govt. of India, has conveyed the approval of the Central Government under Para 60{1) of Employees’ Provident Fund Scheme, 1952 to credit interest@ 8.80% for the year 2015-16 to the account… Read More »
Day by day, the EPF Withdrawal Rules are becoming very much restricted. The EPF organization has updated the withdrawal rule of EPF Balance which is, an employee can’t withdraw 100% corpus before retirement at any situation. Even if, you have resigned or are going through unemployment situation, then also, can’t withdraw 100% balance from the EPF account. The… Read More »
19th National Conference on E-governance awards EPFO Gold for IT initiatives for Universal Account Number programme. Union Labour Minister congratulates EPFO on getting Gold award. EPFO has got the Award for the “innovative use of technology in e-governance”. During the implementation of UAN programme more than six crore UAN have been allotted to EPF members. Nearly 2.25 crore… Read More »
As per the latest news updated by EPFO, the grace period of 5 days has been withdrawn from employers. Previously, the PF contributed amount was being deposited by the personnel of employers within a 15 day closing period of every month and also deposited within 5 days grace period. The grace period was meant for the extra time… Read More »
Here is a Provident Fund Account Number New Format in Correct Way: XX/XXX/1234567/7654321 XX – Represents State in which our concerned EPF Office is located XXX – Represents Region of the State 1234567 – Establishment Code XX1 – Extension (If Any) 7654321 – Account Number Detailed Explanation: XX- 2 Alphabets represents the State in which your PF Office… Read More »
How to Apply for PF Withdrawal from EPFO? Whenever you want to withdraw your EPF, you have to follow the procedure as laid by EPFO. This withdrawal can be in any case You are in job and want to withdraw EPF partially for emergencies. You have resigned from your job. After your retirement. In first 2 cases you… Read More »
If you need some money from your EPF during the time you are working can you get it? Yes, you can get a nonrefundable loan from your Provident Fund. This is your money which you can withdraw partially during your job. There are certain conditions under which you can withdraw money from your EPF account partially according to… Read More »
Download the EPF New Withdrawal Forms in which Employer’s Attestation is not needed if your EPF Account is linked with your UAN No and it is linked to your Bank Acc. It is a very simple and easy to fill form as compared to old forms. Download EPF New Withdrawal Forms!
EPF e-Passbook Sample Read More About EPF e-Passbook! You can Download EPF e-Passbook Android App here!
If you are disappointed with EPF negligence on your EPF withdrawal or transfer you can surely file an RTI for same. There are many cases where people are waiting from long time for EPF withdrawal or Transfer from one employer to another. The people still don’t have information on it and it has become a hassle for them.… Read More »
You must need to know how interest rate is calculated on your Provident Fund. First of all you should understand your contribution, your employer contribution and rate of interest to know the exact figure of your Employees’ Provident Fund. Employer and Employee Contribution in EPF IF one has Basic plus Dearness Allowance is less than Rs. 15000 per… Read More »
India had a common problem of employees not being able to get their entire salary, since it was mandatory that a part of it be paid to their own Provident Fund. This was a particular problem for those who earned the bare minimum of wages, since the final amount was obviously, not enough to cover their monthly expenses.… Read More »
Employee’s Provident Fund (EPF) has always proved to be a nightmare for most employees across the country. Simply the thought of having to go through so many legal procedures and complicated venues often causes people to give up on the idea from the very beginning. However, the Indian Government has actively opted to try and ease the pain… Read More »
