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EPF ADVANCE ELIGIBILITY
EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...- 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...
- Thinking of withdrawing EPF for misuse? EPFO warns it can lead to recovery under EPF schemeThe EPFO warns against misusing withdrawn EPF amounts, stating it can lead to recovery with penal interest under the EPF Scheme, 1952. EPF ...
- EPF account withdrawal rule changed: EPFO discontinues Covid-19 advance facilityDuring the Covid-19 pandemic, a non-refundable advance was provided to the EPF members during the outbreak of first wave of Covid-19 and an...
- New EPF account rules in May: EPFO made these four major changes to the EPF account, claims process in May 2024New EPF rules: The changes include an extended facility of auto-settlement, multi-location claim settlement, faster New rule for EPF death ...
- New EPF auto-settlement claim rules for medical, education, marriage, housing: How to use this facility, eligibilityEPF auto-settlement of withdrawal claims: The EPFO in a press release has announced extending the coverage of auto-settlement of withdrawal...
- New EPF rule on auto withdrawal claims under 68J; check detailsEPF withdrawals: The Employees' Provident Funds Organisation (EPFO) has increased the qualifying limit of Paragraph 68J claims for auto cla...
- EPFO disburses Rs 48,000 crore Covid advance to over 22 million subscribers in 3 yearsAs per the draft Annual Report 2022-23, EPFO disbursed Rs 17,106.17 crore in 2020-21 benefitting 6.92 million beneficiaries, Rs 19.126.29 c...
- 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...
- EPF withdrawal: How to withdraw from EPF corpus for repayment of home loanBefore retiring, you can also take money out of your EPF account for a variety of purposes. These include financing financial emergencies, ...
- What is EPF scheme and how to calculate PF balance?The Employees' Provident Fund (EPF) is a scheme in which retirement benefits are accumulated. Under the scheme, an employee has to pay a ce...
- How to withdraw from EPF if you need money due to coronavirusThe government has amended the EPF withdrawal rules allowing two non-refundable withdrawals to an individual facing financial problems due ...
- How to use EPF money to pay LIC insurance premiumForm 14 is an application for financing a life insurance policy with LIC using your contribution to EPF account, which you can get from the...
- EPF withdrawal: How to file Covid-19 claim using Umang appYou can get a non-refundable withdrawal up to three months' worth of basic pay and dearness allowances, or up to 75 percent of the balance ...
- EPF withdrawal: Step-by-step guide to withdraw money onlineEPF scheme member can withdraw the money from the EPF scheme for various reasons like marriage, buying a house etc. However, to make these ...
- EPF members can take up to Rs 1 lakh medical advance for emergency hospitalisation including covidThe Employees' Provident Fund Organisation (EPFO), via a circular dated June 1, 2021, has streamlined the process of granting medical advan...
- How EPF discriminates against those who need it the mostFor a vast number of the salaried, the employee provident fund (EPF) is the only social security net they have. But the EPF rules are such ...
- How EPF discriminates against those who need it the mostThe government is in the process of implementing the new Labour Codes, likely to be effective from April 1, 2021. One of the important aspe...
- Labour Ministry allows EPF withdrawal amid lockdownThe decision is taken in view of lockdown across the country to fight COVID-19. The COVID-19 has been declared pandemic and therefore emplo...
- 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.
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