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EPF ACCOUNT HOLDERS
EPFO withdrawal rules: Minister reveals how much EPF amount can subscribers withdraw during medical emergency, unemployment, house repairThe Employees' Provident Fund Organisation (EPFO) has made it easier for members to access their savings by modifying withdrawal regulation...
Why you may lose EPF interest on your inoperative account: EPFO explains what you should doEmployees' Provident Fund (EPF) accounts become inactive if there are no contributions or withdrawals for three consecutive years. To avoid...
EPF calculator: How much PF corpus can you generate with Rs 25,000 basic pay and 30 years of service?An Employees Provident Fund subscriber could accumulate over Rs 1.12 crore in 30 years. This significant corpus is projected with a Rs 25,0...
Automatic EPF transfer on switching job: Who can access this facility and who will be left out?The new EPF reforms introduce automatic fund transfers when changing jobs. This facility requires an Aadhaar-linked and KYC-compliant Unive...
'It costs Rs 1.5 lakh a month just to exist': Indian-origin man asks if Rs 4.6 lakh is enough in BengaluruAn Indian-origin man's detailed monthly budget for relocating to North Bengaluru after 15 years in the US has sparked a lively Reddit discu...
EPFO alert for lakhs of inoperative accounts: What government wants to do with unclaimed money and how it will decideThe Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a balance up to Rs 1...
8.25% interest rate on EPF balance for FY 2024-25 got final nod from Govt: Check how it will impact your EPF balance8.25% interest rate for EPF for FY 2024-25: The Central Government has approved an 8.25% interest rate for FY 2024-25, which ended on March...
EPFO issues new rules for inoperative, inactive EPF accounts to stop frauds: Check the latest detailsEPF inoperative inactive accounts unblock: The Employees Provident Fund Organisation (EPFO) has issued new guidelines to make the inoperati...
EPF members can do KYC, correction in provident fund account online: Here is a step-by-step guide to do itCorrection in EPF details online: It may happen that an employee details such as name, gender, date of birth, father/mother's name etc. in ...
EPFO gives relief to these EPF members from submitting joint declaration formEPFO Joint declaration form submission: EPF scheme rules require mandatory submission of this form if an EPF member wants to contribute on ...
EPF claim rejections: 8 reasons your EPF withdrawal claim can get rejected, how to avoid itEPF withdrawal: Here are some of the common reasons why your claim could be rejected and solutions to avoid the rejection.
EPFO issues new process for EPF accounts updation to correct name, Aadhaar, date of birth, 8 other detailsThe Employees' Provident Fund Organisation (EPFO) has issued a new circular on August 23, 2023, to standardise the process of correcting de...
Is EPF e-nomination mandatory to partially withdraw money from EPFO accounts?The Employees' Provident Fund (EPF) Advance Form, also known as Form 31, is typically used to submit a claim for a partial withdrawal or ad...
No EPF nominee? How PF money will be paid after EPFO member's death. Employees' Provident Fund (EPF) account allows nominees to receive a portion of PF accumulations, EDLI benefits, and pension payments in ...
How to update job leaving date yourself in EPFO records onlineEarlier, the date of leaving an organisation/job could be updated by the employer only. This used to cause many problems to an employee as,...
How to file new nomination in EPF account onlineMembers of EPF can make changes to their existing EPF/EPS nominations by filing a new nomination. The new EPF/EPS nomination will take prec...
How to transfer your EPF account onlineThere are certain conditions that an individual must satisfy while transferring money from one EPF account to another.
E-nomination facility for EPF account holders launchedA member can avail of the e-nomination facility by logging in to their account on the EPFO's member sewa portal.
Now, even idle EPF account will earn interestThe dilution in the definition of inoperative accounts means that from Nov 11, more account holders will get interest against funds lying i...
Dormant employee provident fund account may earn interestThe age limit for withdrawal on retirement has been increased from 55 years to 58 and only partial early withdrawal is now permitted.