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AUTOMATIC PF TRANSFER
EPFO board to take up CITES on July 25: Meet to ratify key provisions; CBT to discuss automatic transfers, simplified withdrawalsThe Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meeting will ratify crucial elements of ...
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...
Changed jobs but yet to transfer your EPF? Here's why skipping could cost you lakhs in retirementFailing to transfer your EPF when you change jobs can cost you tax benefits, pension eligibility, and lakhs through lost compound interest....
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...
EPF interest rate: Will you lose higher interest on EPF if you don't transfer your EPF account from old to new employer?Indian salaried individuals should transfer their EPF accounts upon changing jobs to continue earning interest. Neglecting this transfer ca...
Changes in EPF website: EPFO updates Form 13 to ease PF account transfer process, to show taxable PFEmployees Provident Fund Organisation has made some changes. A new version of Form 13 simplifies PF transfers. The EPF website now clearly ...
EPFO simplifies PF account transfer process on job changeEmployees' Provident Fund Organisation has made it easier to transfer PF accounts. Now, employer approval is not needed in most cases. This...
Smooth EPF transfer while changing jobs: How to seamlessly transfer your retirement savings online without any hasslePF balance trasnfer: When changing jobs do remember to transfer your provident fund balance to the new company using the Employee Provident...
How to transfer EPF account online: 5-step guideA step-by-step guide on how to transfer your EPF account online.
Automatic EPF account transfer from old to new job: How EPFO's facility worksAutomatic EPF account transfer: Employees Provident Fund (EPF) members can now automatically transfer their provident fund accounts from th...
Employees Deposit Linked Insurance Scheme: Calculation of assurance benefit under EDLI SchemeThe EPFO offers the EDLI scheme to private sector salaried employees. This system works in tandem with the EPF and the Employees' Pension S...
Transfer of EPF accounts: 17 questions answered by EPFOHere are the 17 questions and their answers for those EPF members looking to transfer their EPF accounts from their previous employers to n...
Provident fund losses force Air India to pay its staff lower than EPFO rateEPFO has approved an interest rate of 8.5% for the current year and AI employees are getting less than that, sources said. The privatisatio...
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.
Aadhaar seeding to eliminate multiple PF accounts: OfficialAadhaar seeding and bank account linking will help do away with multiple provident fund accounts, once merger of accounts happens with the ...
How to link Aadhaar with EPF account and its benefitsLinking your Aadhaar to the PF account will help in faster transfer and withdrawal of the Employees' Provident Fund (EPF) money.
Here's how to ensure automatic transfer of PF on changing jobsFrom now on, you merely have to furnish certain info to the new employer, who uploads it on to the EPFO portal which automatically triggers...
PF account to be automatically transferred on job switchChief PF Commissioner V P Joy said premature closure of accounts was one of their main challenges, and they were trying to address it by im...
Your PF account will now be automatically transferred if you change your job“Whenever there is change of job, a lot of accounts are closed; then they (the employees) restart their account later on,“ chief provident ...
How to consolidate one’s provident fundUniversal Account Number has been introduced to address most of the pain points related to change of jobs and tracking of PF balances.