EPS withdrawal rules changed; lakhs of EPF subscribes to benefit; check if you stand to benefitThe government has changed the Employees’ Pension Scheme (EPS) of 1995 to enable members with fewer than six months of employment to receiv...
01 Jul, 2024, 11.52 AM IST
You could lose section 80C tax benefit on EPF contribution; here's whySection 80C tax benefit on EPF: Many salaried individuals claim Section 80C tax benefit on their own Employees Provident Fund (EPF) contrib...
17 May, 2024, 12.36 PM IST
Can you claim higher pension from EPS if you were not contributing to EPF account in 2014?The Supreme Court has allowed employees to apply for higher pension under EPS if they were members on September 1, 2014. However, there may...
24 Feb, 2023, 03.11 PM IST
How will employees opting for higher EPS 95 pension compensate for lower contributions earlier?All eligible EPS 95 members who wish to apply for higher pension will have to make a higher contribution towards EPS 95 from the employer’s...
24 Feb, 2023, 10.46 AM IST
When does EPF withdrawal become taxable?Though the biggest USP of the Employees' Provident Fund is its EEE tax status, however, there are certain instances when EPF can become tax...
06 Dec, 2022, 01.15 PM IST
ITR filing difficult for taxpayers whose EPF interest is taxable: EYBudget 2021 announced that if an employee's own contribution in the EPF account exceeds Rs 2.5 lakh in the financial year, the interest ear...
26 Jul, 2022, 08.22 AM IST
EPFO guidelines: How TDS on interest will be deducted if EPF contributions exceeds Rs 2.5 lakhEPFO has issued guidelines regarding when and how TDS on interest will be deducted if EPF contributions exceed Rs 2.5 lakh in a financial y...
11 Jul, 2022, 01.46 PM IST
From BNPL schemes, gold hallmarking to new auto debit mandate: 11 personal finance changes, trends seen in 2021Here is a look at major trends and changes that impacted our personal finances in 2021.
29 Dec, 2021, 02.48 PM IST
4 ways to link PF account with AadhaarTo file any EPF withdrawal claim online, it is mandatory for your EPF account to be linked to Aadhaar. You are required to link your UAN to...
14 Dec, 2020, 01.08 PM IST
Covid-19: EPFO urges its subscribers to avail various services online"In view of government of India guidelines to contain spreading of COVID-19, Employees’ Provident Fund Organization (EPFO) advises it membe...
20 Mar, 2020, 04.11 PM IST
Let EPF be: On provident fund and retirement benefits, don’t be a bull in a china shopSuccessive governments are unwilling to carry out even a simple income tax reform which would link taxation threshold to inflation.
21 Apr, 2016, 03.30 PM IST
Why it is time to dismantle the pension entitlement frameworkThe accepted view now is that the benefit one gets in retirement depends on the amount one contributes and the return earned on that contri...
07 Mar, 2016, 08.26 AM IST
How to keep tax benefits when exiting investmentsYou might be ready to book the losses from the investment, but are you okay with tax benefits being rolled back?
30 Mar, 2015, 02.16 PM IST
National Pension System subscribers earn double digit return in 2012-13The pension scheme for other than govt employee with investment focus on corp debt generated return of 14.19%.
16 May, 2013, 10.01 AM IST
Government employees should be allowed higher equity allocation in NPS: Yogesh Agarwal, PFRDAPFRDA Chairman Yogesh Agarwal explains why the NPS funds for government employees have not earned significantly higher returns than the EPF...
01 Apr, 2013, 08.52 AM IST
- EPFO defers plans to withdraw SDS deposits
Amidst the ongoing slump, EPFO has deferred its plans to withdraw Special Deposit Scheme (SDS) funds worth Rs 53,700 crore and deposit them...
12 Nov, 2008, 06.38 PM IST
- Govt gives exit option to PF fund managers
The government has, for the first time, provided an exit option for provident fund managers, by giving them the leeway to withdraw their in...
17 Mar, 2003, 01.07 AM IST