Avoid EPF claim rejection by updating your KYC online through UAN; Follow this 5-step processMembers no longer need to fill any lengthy physical forms, or pay an office visit anymore. All they need to update EPF KYC online is their ...
Late, missing PF contributions by employer today could prevent your PF withdrawal, transfer later: Here’s how to track your EPF properlyYour Employee Provident Fund withdrawals can face rejection due to discrepancies in contributions and employment records cause issues. Miss...
EPF withdrawals via ATM, instant UPI as EPFO 3.0 likely to roll out in June 2025The EPFO is set to revolutionize PF withdrawals by June 2025, enabling instant access via UPI and ATMs, pending NPCI approval. This initiat...
EPFO retains 8.25% interest on PF deposits for 2024-25, benefiting 7 crore subscribersEPFO retains the 8.25% interest rate on provident fund deposits for 2024-25, benefiting over 7 crore subscribers. The rate, previously rais...
Byju’s remits remaining PF contribution for employees after delayAccording to EPFO rules, employers or companies are mandated to deposit the PF for a particular month by the 15th of the next month.
SpiceJet may be defaulting on EPF: How to check if your employer is depositing itIn Budget 2021, the government amended the income tax law to ensure that employers deposited employees' EPF dues on time.
Are you richer or poorer: Here’s the bottomlineNo change in tax rates or slabs means that your income tax payout is, for most people, unaffected. However, if your salary is high or you u...
Notice to Jet for not depositing PF share of employeesActivists say it’s PF dept’s fault as the notice should have been issued within 15 days of suspension of Jet operations.
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...
How to know your PF claim statusEPFO has introduced several measures to bring down the claims settlement period and aims for the settlement of claims within 5 days.
New ITR forms ask for year-wise PF contribution details in case of taxable withdrawalThe Income Tax Department has made changes in the ITR forms 2 and 3 applicable for FY 2017-18 to ascertain whether the PF withdrawal made b...
With 8.8% tax-free returns, EPF can be bulwark of retirement planThe interest rates were already linked to the government bond yields and were revised once in a year. Now they will be revised every quarte...
Educomp defaults on provident fund payments, says 'delay brought upon by stress'Educomp has defaulted on provident fund remittance relating to about 15,000 employees, for the first six months of current financial year.
Settlement delays by EPFO not to affect interest payoutThe PF office has been asked to ensure that employees are not penalised for its inability to settle accounts in a timely manner.
Delhi PF department finds G4S guilty of not paying PF dues, asks to pay Rs 133 croreG4S' final nationwide liability could rise to Rs 1,900 crore, if all other provident fund offices in the country come to a similar conclusi...
Budget 2012: Confusion for company-run provident fund trustsTo ensure that their employees are not at mercy of the state-run PF dept, many employers manage funds in-house by setting up PF trusts unde...
- Good move, on paper
Liberalising PF investment guidelines is a welcome move. Today, accounts in both the EPFO and many exempt PFs (that manage their own funds,...