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 …
These Eight Rules Changing From April Will Have Direct Impact On Your Pocket Read More »
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 …
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 »
Aadhaar-PAN Linking: The last date for linking Aadhaar and PAN number is 31 March 2022. If you have not done so yet, then you can link Aadhaar and PAN before March 31. Failure to do so will render the PAN number invalid. Belated ITR: In view of the pandemic, the last date for filing Income …
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 »
Provident Fund (PF) rules are going to change from April 1, 2022. This will have a direct impact on your pocket. From the new financial year, if you invest more than Rs 2.50 lakh in the PF account, then tax will have to be paid on its interest. Finance Minister Nirmala Sitharaman had announced the …
With the beginning of the new year, we also make changes in our financial planning. According to the need, make some changes or include some new products. While doing financial planning, concrete planning should also be done about the future of the children. At the time of your children’s education, marriage, you do not face …
These Are Great Investment Plans For Children in 2022. Future Will Be Bright Read More »
Point 1: Login to EPFO portal using your ECR portal credentials: Once logged in, you can check the details of Establishment Name,Establishment ID, Exemption Status (PF, Pension, EDLI), Establishment Address and PF office. Point 2: To upload ECR, go to Payments tab >> ECR [UPLOAD] Point 3: On next screen, i.e. ECR File Upload, click on ‘ECR Help File’ to …
Ministry of Labour & Employment, Government of India, Employees’ Provident Fund Organisation, India has issued FAQ’s on EPF ADVANCE to fight against COVID-19 Pandemic. Q1 : Who is eligible for the advance from EPF to fight COVID-19 Pandemic? Ans. Any member of EPF Scheme, 1952 with UAN (Universal account number) employed in any establishment or …
FAQs ON EPF ADVANCE TO FIGHT AGAINST COVID-19 PANDEMIC Read More »
Point 1: Login to EPFO portal using your ECR portal credentials: Once logged in, you can check the details of Establishment Name,Establishment ID, Exemption Status (PF, Pension, EDLI), Establishment Address and PF office. Point 2: To upload ECR, go to Payments tab >> ECR [UPLOAD] Point 3: On next screen, i.e. ECR File Upload, click on ‘ECR Help File’ to …