Your EPF account to get 8.25% interest credit this week: 4 ways to check provident fund interest credit, balanceThe EPFO will finalize crediting 8.25% interest for 2024-2025 into members' accounts this week. Labour Minister Mansukh Mandaviya stated th...
How to merge multiple PF accounts?Salaried employees often end up with multiple Provident Fund (PF) accounts due to job changes over the course of their careers. Since each ...
EPF website not working? Check your PF balance with missed call or SMSFacing trouble accessing your EPF passbook online? The EPF Passbook portal offers a convenient way to check your Provident Fund (PF) balanc...
EPFO likely to fix 8.25% as interest rate for FY 2024-25: How to check EPF balance, interest for previous yearsThe Employees' Provident Fund Organisation (EPFO) may revise the interest rate on provident fund deposits for 2024-25 to between 8% and 8.2...
Things about your PF number that you need to knowThere is a general lack of awareness among employees regarding PF number. Check out the procedure to find the PF account number from the PA...
How to link PAN with EPF account to avoid excess TDSTo avoid having too much tax withheld at source, employees should link their Permanent Account Number (PAN) to their EPF (TDS). Section 206...
TDS on EPF: When TDS is applicable on EPF withdrawal, how to avoid itIf an EPF balance is withdrawn before 5 years of service, TDS is deducted at a rate of 10%.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...
Do I need to include the withdrawn EPF proceeds in ITR after leaving the job?At the time of withdrawal, the PF authorities will deduct tax at 10% on entire PF proceeds (assuming you have furnished your PAN to the PF ...
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 ...
Withdrawing EPF? You don't need your employer's signature anymoreThis facility will be available to all those subscribers whose UAN is activated and seeded with the KYC details like bank account and Aadha...
No TDS for PF withdrawals of up to Rs 50,000 from June 1The government had introduced the proposal to deduct TDS on PF withdrawals in order to discourage pre-mature withdrawal and to promote long...
EPFO aims to make Aadhaar as identifier to settle PF claimEPFO plans to make Aadhaar as primary identifier for settling Aadhaar-seeded PF accounts without employers' attestation.
Trade unions question TDS on PF withdrawals, want order on holdIn a notification issued yesterday, Employees' Provident Fund Organisation (EPFO) said it will deduct TDS from June 1 on PF withdrawals whe...
Taxing premature PF withdrawals of over Rs 30k may be kept in abeyanceA decision is expected by the end of this month, the PF department has asked all offices to gear up for deducting tax from all premature PF...
EPFO to deduct TDS on PF withdrawals in some cases from JuneTax will be deducted at source from next month on PF withdrawals where accumulations are over Rs 30,000 and the employee has worked less th...
TDS on premature Provident Fund withdrawal even for non-taxpayersTo put that in perspective, the annual income threshold above which personal income tax is payable isRs 2.5 lakh or about Rs 21,000 per mon...
Single smartcard soon for workers' social security benefitsThe ministry will seed employees' details such as Universal PF Account Number (UAN), Employees State Insurance, Aadhaar, PAN, bank account ...