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EPF ACCOUNT MERGE
Have more than one UAN? You may be losing money, here’s how you can merge multiple UAN and consolidate your EPF accountsEmployees often end up with multiple Universal Account Numbers due to data mismatches or onboarding issues. This can lead to significant in...
EPF ATM, UPI withdrawal rules: Employees can soon withdraw 75% PF through ATM, says MinisterEmployees' Provident Fund Organisation will soon allow subscribers to withdraw funds via ATM and UPI. This new feature is expected before M...
How to merge multiple PF accounts?Salaried employees often end up with multiple Provident Fund (PF) accounts due to job changes over the course of their careers. Since each ...
Wrong EPF member ID linked to your UAN? Here is how you can delink itThe EPFO introduced a facility for delinking erroneous member IDs from UANs. Members can now delink wrongly-linked IDs by following a step-...
EPF account transfer on switching jobs: These employees can apply for EPF a/c transfer from old to new employer on their own; Check details hereEPF account transfer on switching jobs: The requirement for an employee to submit online transfer claims via the previous or current employ...
Is your EPF claim stuck? Find out why EPF claim rejections are rising, steps you can takeIn the cover story this week, we explore why EPF claim rejections or delays are rising and what potential obstacles await those requesting ...
Have multiple EPF account UANs? Here’s how to merge more than two UANsThe UAN is constant throughout your career; even if you change jobs over the years, your UAN will remain the same. With the use of the Univ...
How to merge two or more EPF accountsIf an individual has multiple UANs, then it's important that the individual mergers all his/her UANs so that balances from the old EPF acco...
How to withdraw PF, EPS money after leaving your jobUnder the existing rule, employees who resign from a job before they turn 58 years of age can withdraw the full PF balance (and the EPS amo...
How to activate UAN for your EPF accountTo access various services such as updating nomination details, making a withdrawal etc. on the EPFO's member sewa portal, your Universal A...
Automatic transfer of your EPF accounts on job change to happen soonThe Central Broad of Trustees, EPF has approved the development of a centralised IT-enabled system. This will help in the automatic merger/...
I quit my job to start a business. Can I keep the PF with the employer till retirement?No TDS will be deducted but you will have to declare the interest every year as income from other sources in your tax returns and pay tax a...
How to merge two or more EPFO accountsWith the introduction of the Universal Account Number, it is possible to consolidate multiple accounts into one single account for each EPF...
Merge 10 old EPF accounts at one go with this new serviceUnder this facility, subscribers of the Employees' Provident Fund Organisation (EPFO) can merge as many as 10 previous accounts with their ...
Inoperative provident fund a/cs to earn interests from April 1National retirement fund body Employees Provident Fund Organisation has decided to give interests on inoperative PF accounts with effect fr...
Settling inoperative EPF accountsThe EPFO has introduced a helpdesk for employees’ provident fund account holders to settle inoperative accounts.
- Is it good to have multiple PF a/cs?
Job hopping does get you a fatter pay packet, but don’t forget to carry your provident fund account along.