EPFO

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EPFO adds 15.32 Lakh Net Subscribers in March, 2022

The provisional payroll data of EPFO released on 20th May 2022 highlights that EPFO has added 15.32 lakh net subscribers in the month of March, 2022. Month-on-month comparison of payroll data shows an increase of 2.47 lakh net subscribers in March, 2022 comparing with the net additions during the month of February, 2022. Of the total …

EPFO adds 15.32 Lakh Net Subscribers in March, 2022 Read More »

Important news regarding pension, the limit of 15,000 will be over! The biggest update on EPS

There is good news regarding pension. Retirement fund organization EPFO is contemplating to bring a new pension scheme for organized sector employees. The government may also soon remove the cap imposed under the Employee Pension Scheme (EPS). Let us know how this will affect your life. What is EPS limit? It is worth noting that …

Important news regarding pension, the limit of 15,000 will be over! The biggest update on EPS Read More »

EPFO e-Passbook: To know how much interest came in PF account, download e-passbook like this

The future deposit capital of every salaried person is Provident Fund. Whether you do a government job or a private one, a part of your salary is deposited with the Employees Provident Fund Organization. After retirement, the deposit amount is received by the account holders. At the same time, in case of death of the …

EPFO e-Passbook: To know how much interest came in PF account, download e-passbook like this Read More »

More than 14 lakh members joined EPFO ​​in February, an increase of 31,826 members compared to January

The provisional payroll data of the Employees’ Provident Fund Organization (EPFO), released on Wednesday, shows that it added 14.12 lakh members in February 2022. According to the Ministry of Labor and Employment, if we look at the month-on-month payroll data, there is a marginal increase of 31,826 members in February compared to the previous month …

More than 14 lakh members joined EPFO ​​in February, an increase of 31,826 members compared to January Read More »

EPFO salary limit may increase soon, new changes will benefit crores of employees

An important news related to EPFO ​​is coming out. The salary limit under the Employees’ Provident Fund Organization (EPFO) can be increased from the existing Rs 15,000 to Rs 21,000 per month. A high-level committee has backed a proposal suggesting a hike in the wage ceiling. With the implementation of this proposal, 75 lakh employees …

EPFO salary limit may increase soon, new changes will benefit crores of employees Read More »

EPFO Alert

EPFO big news! Salary limit will increase from 15 thousand to 21000, the government is considering

Good news for employees. A high-level committee has proposed to increase the salary limit under the Employees’ Provident Fund Organization (EPFO). The committee has said that the salary limit should be increased from the existing Rs 15,000 to Rs 21,000 per month. The committee says that the government is considering it and it can be …

EPFO big news! Salary limit will increase from 15 thousand to 21000, the government is considering Read More »

Good news for 6 crore PF employees across the country including Delhi-NCR

The Narendra Modi government is going to give good news for the next few months to 6 crore PF employees across the country working in private institutions amid rising inflation and decreasing earnings. According to information received from sources, the central government is going to put interest money in the PM accounts of employees working …

Good news for 6 crore PF employees across the country including Delhi-NCR Read More »

PF Account-PAN linking can save TDS, Details here

The Employees’ Provident Fund Organisation rolled out new norms for taxation and deductions on the employees’ retirement accounts. The statutory body directed that tax deducted at source (TDS) will be levied on the date of the credit of interest on PF accounts if they are not in final settlement or transfers. The body introduced a …

PF Account-PAN linking can save TDS, Details here Read More »

EPFO has given a big facility, now this work will be done in a few steps sitting at home

EPFO has continuously simplified all the procedures. The problems in withdrawing or transferring money from PF account have also become a thing of the past. Talking about EPF transfer, it can be done by any PF account holder sitting at home himself in 6 easy steps. In a recent tweet by EPFO, information about these …

EPFO has given a big facility, now this work will be done in a few steps sitting at home Read More »

Key amendments made in EPS Scheme so far

The Central Government had launched Employees’ Pension Scheme, 1995 in exercise of the powers conferred by Section 6A of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952).  The EPS’95 scheme applies to all the employees of factories and other establishments to which the Employees Provident Funds and Miscellaneous Provisions Act, 1952 …

Key amendments made in EPS Scheme so far Read More »

PF contribution above ₹2.5 lakh? EPFO new guidelines

In the latest move, the Employees’ Provident Fund Organisation (EPFO) has released fresh guidelines regards to taxes and deductions on interest earned on EPF accounts. The government’s statutory body has announced a new structure of tax deducted at source (TDS) on provident contributions above ₹2.5 lakh annually for the private sector employees. While the taxation threshold …

PF contribution above ₹2.5 lakh? EPFO new guidelines Read More »

EPFO: Be ready for big changes in PF, investors are going to get a big setback from April 1

EPFO: Provident Fund (PF) is the biggest medium of investor, which is used by investors, employees to make retirement plans. Recently, it was kept at 8.1 percent while cutting interest on the EPFO ​​side. After this, from April 1, PF investors are going to get another major setback. Provident Fund, which is tax-free till now, …

EPFO: Be ready for big changes in PF, investors are going to get a big setback from April 1 Read More »

Alert! If you also have PPF, NPS or Sukanya account, then settle this work before March 31, otherwise it will be closed

For savings and investment, if you also invest money in schemes like PPF, NPS or Sukanya Samridhi, then there is very important news for you. You need to make minimum investment in these accounts before 31st March. Actually, this is the last week to invest in tax saving schemes for the current financial year. You …

Alert! If you also have PPF, NPS or Sukanya account, then settle this work before March 31, otherwise it will be closed Read More »

Biggest Change To Happen in PF From 1st April

Biggest Change To Happen in PF From 1st April

The biggest changes that are going to happen from April 1, 2022, the most important is the tax on PF account. Actually, the Central Board of Direct Taxes (CBDT) has decided to implement the Income-tax (25th Amendment) Rule 2021. That is, a cap of tax free contribution up to Rs 2.5 lakh is being imposed …

Biggest Change To Happen in PF From 1st April Read More »

Personal Finance: PPF account can also be opened in the post office, tax exemption facility will be available with more interest

If you are planning to invest, then you can invest money in small savings schemes of the post office. Public Provident Fund is also included in these schemes of the post office. Not only will you get more interest by investing in it, but you will also get the facility of tax exemption. The special …

Personal Finance: PPF account can also be opened in the post office, tax exemption facility will be available with more interest Read More »

PPF, NPS or Sukanya Samriddhi Yojana account holders must do this work by March 31, otherwise it will be difficult

Do you know that it is necessary to maintain a minimum balance in the accounts of Public Provident Fund (PPF), National Pension Scheme (NPS) and Sukanya Samriddhi Yojana (SSY). If you do not know, then know that it is necessary to do so. Therefore, if you have an account in any of these savings schemes …

PPF, NPS or Sukanya Samriddhi Yojana account holders must do this work by March 31, otherwise it will be difficult Read More »

EPFO gave ultimatum to its account holders till March 31, if e-nomination is not filed then there will be problem

EPFO account holders e-nomination: A big warning has been issued by the Employees’ Provident Fund Organization (EPFO) to its account holders. In fact, all the customers have been given time till 31 March 2022 to file e-nomination on behalf of the organization. EPFO said in a warning that if the process of filing e-nomination is …

EPFO gave ultimatum to its account holders till March 31, if e-nomination is not filed then there will be problem Read More »

Small Savings Schemes Interest Rate: After EPF, now will the scissors run on the interest of small savings like PPF, SSY?

The Employees’ Provident Fund Organization (EPFO) has reduced the interest rate on Employees’ Provident Fund (EPF) to a 40-year low. Now the interest rate on EPF (Employees Provident Fund) has become 8.1%. This 0.4 per cent cut in EPF interest rate comes at a time when EPFO ​​is investing 15% incremental PF inflows in equities …

Small Savings Schemes Interest Rate: After EPF, now will the scissors run on the interest of small savings like PPF, SSY? Read More »

EPFO: Account Holders Should Do This Important Work By March 31

EPFO: Account Holders Should Do This Important Work By March 31

Big news for EPFO ​​account holders. Actually, the Employees’ Provident Fund Organization has made the e-nomination process mandatory for its account holders. That is, from now on without e-nomination you cannot check the balance of your PF account. Along with this, if you do not complete this process, you will not be able to get other benefits related …

EPFO: Account Holders Should Do This Important Work By March 31 Read More »

New income tax rules on interest from EPF

The Employees’ Provident Fund Organisation (EPFO) earlier this month announced an interest rate of 8.1% on EPF or employee provident fund accumulations in members’ accounts for the 2021-22 fiscal, down from 8.5% in the previous year. The interest on EPF was fully tax free in the hands of provident fund contributors till changes were introduced …

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PF Account Benefits: Many facilities are available on PF account including free insurance of 7 lakhs, know details

The Employees’ Provident Fund Organization (EPFO) has cut the interest rate on EPF deposits by 0.4 percent to 8.1 percent for 2021-22. Even after this deduction, the interest earned on investment in PF account is higher than other savings schemes. The special thing is that the account holders get many facilities on contribution to the …

PF Account Benefits: Many facilities are available on PF account including free insurance of 7 lakhs, know details Read More »

After the cut in EPF rate, will the interest rates on small savings schemes with PPF come down?

In the report released by the Reserve Bank of India, it has been said that the interest rates of the Small Saving Scheme are 1.68 percent higher. Due to which the interest rate may come down in the first quarter of the new financial year. Amidst rising interest rates on fixed deposits, the Reserve Bank …

After the cut in EPF rate, will the interest rates on small savings schemes with PPF come down? Read More »

EPFO Is Best: Despite Lowest Interest In Four Decades, EPF Is Best, Know How

The interest rate of EPF is the lowest in four decades. Recently, Finance Minister Nirmala Sitharaman told the interest rate of EPFO ​​​​higher than other schemes. He said, “As of now the proposal to change the interest rate of EPFO ​​has not come to the finance ministry. But the truth is that today the rates …

EPFO Is Best: Despite Lowest Interest In Four Decades, EPF Is Best, Know How Read More »

How much investment in Provident Fund is tax free, on which tax is levied, check full details

Since the Corona period, many rules of the Employees’ Provident Fund Organization (EPFO) have been changed. If you are also a member of EPFO, then it is important for you to know all those things which you do not know. If you do not do this then you may have to suffer loss. The Employees’ …

How much investment in Provident Fund is tax free, on which tax is levied, check full details Read More »

Understand in these 7 points new income tax rules on interest earned from EPF savings

The Employees’ Provident Fund Organization (EPFO) earlier this month announced an interest rate of 8.1 per cent on EPF in members’ accounts for the financial year 2021-22, up from 8.5 per cent in the previous year. Effective April 1, 2021, interest on EPF was completely tax-free for provident fund contributors until the changes were introduced …

Understand in these 7 points new income tax rules on interest earned from EPF savings Read More »

New data related to EPFO ​​came out, 15.29 lakh members joined in January

The retirement fund body EPFO ​​added 15.29 lakh members on a net basis in January 2022, which is 21 percent more than the 12.60 lakh members added in December 2021. This information has been received from the data released by the Ministry of Labor. Labor Ministry said, “The provisional payroll data of EPFO ​​has been …

New data related to EPFO ​​came out, 15.29 lakh members joined in January Read More »

EPFO payroll data: EPFO adds 15.29 lakh net subscribers during the month of January, 2022

The provisional payroll data of EPFO has been released today, i.e., 20th March 2022, which highlights that EPFO has added 15.29 lakh net subscribers during January 2022. Month-on-month comparison of payroll data also indicates an increase of 2.69 lakh net subscribers addition in January, 2022 as compared to the net additions during the previous month of December, 2021. …

EPFO payroll data: EPFO adds 15.29 lakh net subscribers during the month of January, 2022 Read More »

Want To Change Nomination in EPF/ EPF Account? Follow This Easy Way

Want To Change Nomination in EPF/ EPF Account? Follow This Easy Way

EPFO tweeted, ‘If an EPF member wants to change the existing EPF or EPS nomination, then he can file a new nomination. The new EPF or EPS enrollment will supersede the previous enrollment. How to Change PF Enrollment To file e-nomination for PF account, EPF members need to visit http://www.epfindia.gov.in. There visit the ‘Services’ section …

Want To Change Nomination in EPF/ EPF Account? Follow This Easy Way Read More »