You might be aware of the fact that Provident Funds comprises the employee and employer’s contributions. The organization makes these contributions every month to the PF account. But the EPFO adds a certain amount of money to these...
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You might be aware of the fact that Provident Funds comprises the employee and employer’s contributions. The organization makes these contributions every month to the PF account. But the EPFO adds a certain amount of money to these...
Read MoreNow Orphan children’s will also be benefits under EPS Scheme 1995. In this tuff time of the pandemic, there were many cases where the whole family was diseased due to Covid. Many people lost their lives and in many cases, children were left out...
Read MoreNow if an employee contribution in their EPF and VPF (Voluntary Provident Fund) exceeds 2.5 lakh (in case of non-government employees) and 5 lakh (in case of government employees) then, Central Board of Direct Taxes (CBDT) has notified that an...
Read MoreEPFO has extended the date for filing e-nomination. Now one can file e-nominations even after the 31st of December 2021. https://youtu.be/oU2GnVvTIY8 As per the new guidelines, EPFO has made it compulsory to add a nominee to your EPF...
Read MoreIf an employee's Date of Exit is not updated in their EPF account then it becomes difficult for them, as they will not able to withdraw their full amount from their PF account and also cannot transfer their PF account from the previous employer to...
Read MoreAccording to the EPFO rule, one member can have only one UAN. And if there is anyone who has 2 UAN then this is against the rule of EPFO, and they have to deactivate the old UAN by transferring their EPF account linked with the old UAN to the new...
Read MoreNow withdrawal of EPF has become very simple and fast through an online portal. Subscribers are allowed partial early withdrawal to meet short term needs, where they can withdraw 75 per cent of the cumulative EPF corpus after leaving the job within...
Read MoreHaving a UAN account is mandatory if you have an EPF account and you are contributing to it. So far employees were getting their UAN from their employers. But now EPFO has come with a new feature which is direct UAN allotment by employees. Now...
Read MoreEPFO is the Employees Provident Fund Organization and it has a retirement scheme in which the employer and the employee contribute their shares known as Employees Provident Fund Scheme. A part of the employee’s salary is contributed to this...
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