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EPF PROJECTS
Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...
Ahmedabad’s strategic shift: From industrial powerhouse to India’s next IT & GCC destinationIndia's technology sector is expanding geographically, with Ahmedabad, Gandhinagar, and GIFT City emerging as key destinations. Driven by s...
Think your NPS saving is enough for retirement? Watch out for this common mistake that could derail your financial plansMany investors overlook their National Pension System, assuming retirement plans are on track. However, a 'set and forget' approach can lea...
EPFO 3.0: Government reveals status of centralised pension system, auto claim settlement and EPF account transfer claimsThe government has provided an update on EPFO 3.0 reforms. Key developments include faster claim settlements and an expanded subscriber bas...
Has government changed EPF interest rate for FY 2025-26?The Employees Provident Fund Organisation's Central Board of Trustees has kept the EPF interest rate at 8.25% for the Financial Year 2025-2...
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...
New EPFO app to allow members to withdraw EPF money through UPIEPFO subscribers will soon be able to withdraw provident fund directly into their bank accounts via UPI using a new mobile app launching in...
EPFO to enable EPF withdrawals via UPI by April, says report; what members need to knowEPFO members can soon withdraw their provident fund directly from bank accounts using UPI. This new facility is expected to be available by...
EPFO member may soon be able to withdraw EPF money through ATMs, UPI directlyEmployees' Provident Fund Organisation subscribers might soon access their EPF money directly. They can use ATMs or UPI after linking bank ...
PF withdrawal process just got easier: Check all changes by EPFOEPFO has eliminated the need to upload a cancelled cheque image or employer-verified bank account details for online PF withdrawals. This m...
EPF interest rate slashed to 8.1% for 2021-22; can you still save enough for your retirement?The Labour Ministry has recently proposed to slash the interest rate by 0.4% to 8.1% from 8.5% earlier for the FY 2021-22. The decrease in ...
TDS on EPF: When TDS is applicable on EPF withdrawal, how to avoid itIf an EPF balance is withdrawn before 5 years of service, TDS is deducted at a rate of 10%. TDS will be deducted at the highest slab rate o...
A welcome shift in retirement savingsThe EPFO will have the option to invest in AIFs whose corpus is equal to or more than ₹100 crore, with maximum exposure to a single AIF cap...
Labour ministry keen to retain 8.65% interest rate on EPF deposits for 2019-20Speculations are rife that the interest rate on EPF may be lowered to 8.5% for the current fiscal, a tad lower than 8.65% provided for 2018...
Employee provident fund may get 8.6% interest in 2016-17Employees Provident Fund Organisation (EPFO) had provided 8.8% rate of interest on EPF deposits for 2015-16 despite Finance Ministry's rati...
Opposition slams Finance Ministry decision to slash EPF interest rateCPI(M) member Tapan Kumar Sen slammed the "unilateral, undemocratic" action by the Ministry, saying it had completely ignored the unanimous...
- Social security number not mandatory for availing EPF services
The Govt made it clear that social security number is not mandatory for getting services from Employees Provident Fund Organisation as the ...
- Govt to bring over 45 lakh workers under EPF scheme
An estimated 45 lakh plus new workers will be brought under the ambit of the Employees Provident Fund (EPF), adding to its existing kitty o...
- EPFO goes online in six cities
It works on real time basis and the system would be in place across India within a year.
- EPFO to go online in next one and half year
Nearly four crore subscribers of Employees Provident Fund Organisation would be able to access their accounts at a click of a mouse as the ...