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Relaxation in EPF deposit rules for employers did not lead to interest loss: Here's why
Due to on-going coronavirus pandemic, EPFO provided relief to the employers by providing relaxation in making the statutory deposit for March 2020. However, this decision would not lead to interest loss for members of the EPF scheme. Here's why.
EPF withdrawal: Step-by-step guide to withdraw money online
The funds from EPF account can be withdrawn for various purposes such as marriage...
How to complete KYC process in your EPF account
If your EPF account is not KYC compliant, then the EPFO can reject the request raised by you ...
EPF withdrawal: How to check, change bank account details in your EPF account
It is important that your correct bank account with IFSC is linked to your Universal Account Number to receive the credit of EPF funds timely.
5 reasons for rejection of EPF withdrawal claim and how to avoid it
Given below are five reasons why your EPF withdrawal claim can get rejected by the EPFO and what you should do to avoid the rejection of a claim.
Transfer of EPF accounts: 17 questions answered by EPFO
Here are the 17 questions and their answers for those members looking to transfer their EPF accounts to new employers.
Your employer can contribute 12% to your EPF account if it is included in your CTC
Your employer can still continue to contribute to your EPF account at a rate of 12 per cent. Here is how.
After leaving job, how long will my EPF account earn interest? Will interest stay tax-free?
Despite the tax on the interest, EPF continues to have the highest returns among small saving schemes. So it makes sense to make small periodic withdrawals to ensure that the account does not become inoperative.
Punjab & Sind Bank reports fraud of Rs 112 cr in 2 accounts
"It is informed that an NPA account Maha Associated Hotels Pvt Ltd with outstanding dues of Rs 71.18 crore having provisioning of Rs 44.40 crore has been declared as fraud and reported to RBI as per regulatory requirement", the bank said in an exchange filing.
Can I make a personal contribution to my EPF account as I have quit my job to start a business?
The total Employees Provident Fund (EPF) balance at any point of time includes the employee's contribution and that of the employer, along with the interest accrued.
Who can join Employee Pension Scheme and who can't
The rules regarding the joining of Employees Pension Scheme (EPS) by an employee was amended by the government via a notification dated August 22, 2014, effective from September 1, 2014. Here is how the latest rules impact you.
Did you make any of these 6 money mistakes in coronavirus crisis? A financial advisor could have helped
During the Covid crisis, did you withdraw from your EPF? Or did you avail the loan moratorium? Or did you withdraw from equity when the market crashed? If you have made such mistakes, here's how a financial planner could have helped you.
EPF withdrawal due to coronavirus: 20 questions answered by EPFO
To help EPF members with the withdrawal process to meet the financial emergency due to coronavirus, on April 26, 2020, the EPFO issued a set of FAQs. These FAQs will answer all the queries of EPF members related to making funds withdrawal from EPF account.
Government to pay EPF contributions of employees and employers till Aug 2020
The decision to extend EPF contribution will give further relief to small businesses who are facing a cash crunch. The move will benefit more than 72 lakh employees.