EPFO LATEST NEWS

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 …

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These Eight Rules Changing From April Will Have Direct Impact On Your Pocket

These Eight Rules Changing From April Will Have Direct Impact On Your Pocket

Tax on PF account From April 1, the existing PF account can be divided into two parts, which will also be taxed. According to the rules, there will be no tax on contribution up to Rs 2.5 lakh in PF account. Interest earned on contributions above this will be taxed. GST e-Invoicing The Central Board …

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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 …

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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 …

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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 …

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Minimum Pension Of Rs 1000 is Not Enough For EPFO ​​Subscribers: Parliament's Committee

Pension Of Rs 1000 is Not Enough For EPFO ​​Subscribers: Parliament’s Committee

A pension of Rs 1,000 is not enough for the subscribers of Employees’ Provident Fund Organization (EPFO). It needs to be increased. A committee of Parliament on Tuesday said that giving Rs 1,000 as minimum monthly pension to subscribers under EPFO’s pension scheme is too low. In such a situation, it is necessary that the …

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EPFO Reduces Interest Rates On Deposits

EPFO Reduces Interest Rates On Deposits

The two-day meeting of the Central Board of Trustees (CBT) of Employees’ Provident Fund Organization (EPFO) began in Guwahati on Friday. A major decision has been taken on Saturday after a thorough deliberation in the meeting. The interest rate on deposits in EPF has been changed and it has been reduced from 8.5 to 8.1 …

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Alert: Money is Disappearing From EPF Accounts. Check Your Balance Regularly

Alert: Money is Disappearing From EPF Accounts. Check Your Balance Regularly

EPF Account scam: The incident of missing Provident Fund capital of employees saving their life’s capital for retirement after working for 30-32 years can shock you. But in the last few months, the incidents of money disappearing from the Provident Fund in different parts of the country are surprising. In Kandivali, Mumbai, EPFO ​​employees took …

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Mandatory activation of Multi-Factor Authentication

EPFO Issue Info for Mandatory activation of Multi-Factor Authentication

Sub:- Mandatory activation of Multi-Factor Authentication-Req. Sir/Madarn, It is informed that, with immediate effect, installation of 2 Factor Authentication (2FA) has been made mandatory by NIC for using the email id on “@epfindia.gov.in” domain. All users availing the email services from NIC (i.e. @epfindia.gov.in) need to use 2 Factor Authentication (2FA) to access their email …

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Mandatory activation of Multi-Factor Authentication

EPFO Issue Important Circular for Mandatory activation of Multi-Factor Authentication

Sub:- Mandatory activation of Multi-Factor Authentication-Req. Sir/Madarn, It is informed that, with immediate effect, installation of 2 Factor Authentication (2FA) has been made mandatory by NIC for using the email id on “@epfindia.gov.in” domain. All users availing the email services from NIC (i.e. @epfindia.gov.in) need to use 2 Factor Authentication (2FA) to access their email …

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Modi government gave big relief to the employed people, now PF money will not be deducted from your salary till March 2022

In this era of Corona crisis, the Modi government at the Center will pay the PF money deducted from his salary till March 31, 2022, next year. Finance Minister Nirmala Sitharaman on Monday extended its deadline under the Self-Reliant India Employment Scheme (ABY Scheme) from 30 June 2021 to 31 March 2022. In order to …

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EPFO redressed over 164000 grievances & queries through WhatsApp mechanism

EPFO redressed over 164000 grievances & queries through WhatsApp mechanism Employees’ Provident Fund Organisation -EPFO has redressed more than one lakh 64 thousand grievances and queries through WhatsApp mechanism.Ministry of Labour and Employment in a statement said that this has led to decline in registration of grievances and queries on social media like Facebook and …

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