Mon, May 01, 2023
Employees and employers both contribute 12 per cent of their basic salary and dearness allowance to EPF. The interest earned on the EPF is tax-free and can be withdrawn without penalty.
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Mon, Apr 17, 2023
Notably, there is neither a last date declared by EPFO for filing e-nomination nor it is required for filing advance claims, it is just for the financial benefits of your family after your death which you must fill in. Only Aadhaar-verified UAN holders can file an e-nomination.
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
Mon, Jul 25, 2022
EPF Account: Employees' Provident Fund cannot be attached by any court of law under Section 10 of the EPF & MP Act
Mon, Mar 21, 2022
Many people often get confused between Employee Provident Fund and Public Provident Fund. It is very important for an individual to understand the basic difference between the two to make better financial choices in life. Here are the basic differences between EPF and PPF.
Wed, Jan 05, 2022
EPF subscribers can easily update or change their bank details at home.
Fri, Mar 22, 2019
There are three major provident fund accounts including Employees' Provident Fund or EPF, General Provident Fund or GPF and Public Provident Fund or PPF account. Of these accounts, EPF is a compulsory retirement saving option as the amount is deducted from the wages of salaried individuals.
Wed, Jan 16, 2019
You can make partial or complete withdrawal of your money with your EPF. One can withdraw his\her entire money with EPF, only when he\she retires or remains unemployed for more than 2 months. In this case of unemployment one must get it authorised with a gazetted officer that he\she has been unemployed for more than 2 months.
Thu, Dec 20, 2018
The Employees' Provident Fund account holder, who want to make such changes, needs to visit the EPFO office to submit the requisite documents. For instance, if changes are needed to be made in your father's name, the date when you joined the scheme or when you left it, then these cannot be done online at all.
Wed, Oct 24, 2018
In case of lockout or closure of the company for more than 15 days, and if you do not receive wages/salary, you can take advance against balance in EPF account.
Thu, Apr 27, 2017
Now, the subscribers can seek fund withdrawal from their EPF account on various grounds by using a composite form along with a self-declaration.
Tue, Apr 25, 2017
The 68B talks about the withdrawal from the Fund for the purchase of a dwelling house/flat or for the construction of a dwelling house including the acquisition of a suitable site for the purpose.
Sun, Feb 19, 2017
"The process of connecting all field offices with a central server is going on. We may introduce the facility for online submission of all types of applications and claims like EPF withdrawal and pension settlement by May this year," EPFO's Central Provident Fund Commissioner V P Joy told PTI.
Tue, Nov 01, 2016
The Government of India will soon issue a notification authorising retirement fund body Employees Provident Fund Organisation (EPFO) to pay 8.8% interest to 'inoperative' accounts, said Union Labour Minister Bandaru Dattatreya on Monday.
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