Tag Archives: Latest EPF Info

Latest EPF Info: The Employees’ Provident Fund (EPF) is a savings tool for the workforce. It is a scheme managed under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, by the Employees’ Provident Fund Organisation (EPFO).

Under the EPF scheme, an employee has to pay a certain percentage from his pay and an equal amount is contributed by the employer. The employee gets a lump sum amount (which includes his own and employer’s contributions) with interest upon retirement or two mont ..

Currently (2017-18), the EPF interest rate stands at 8.55 per cent. In terms of returns from a debt instrument,Latest EPF Info EPF fares better. The money is sovereign-backed and the interest earned is tax-free. In fact, it enjoys the exempt-exempt-exempt (EEE) status as contributions are deductible from income.

Employee not in employment for a month can withdraw 75% of EPF money
An employee, who is not in employment for a month, may be allowed to avail 75 per cent of the total fund standing to his credit. Click here to read the full story.

New Provident Fund rules explained and how they would impact you
Rules for subscribers of Employees Provident Fund Organisation (EPFO) have been changed to make the scheme more user-friendly. Click here to know the changes and what they mean.

EPF rules are changing substantially: How will you be impacted?
Apart from recent tweaks in rules, new measures proposed could change the EPF’s very structure. So will the changes enhance the utility of the EPF or leave subscribers handicapped. Click here to read the full story.

EPFO directs offices to pay higher pension to eligible EPS members
The EPFO has started pushing its offices to give higher pension to those EPF members who are eligible for it based on a landmark judgement by the Supreme Court in October 2016. The apex court’s judgement had directed the EPFO to revise the pension on higher wages of the petitioners under EPS. Click here to read the full story.

Wage ceiling may be hiked to expand EPS net
The Central Board of Trustees, the highest decision-making body of EPFO, had approved raising the wage cap for mandatory EPF cover to Rs 25,000 per month for organised-sector workers long ago but the labour ministry decided to raise it to Rs 21,000. Click here to read the full story.

UAN Registration & Activation – UAN Login, Generate UAN & Check the status

 In this UAN Registration article, the customer or employee who is already a member of EPF can get their UAN number online and all the remaining details can be fetched through this article. Widespread Account Number is significant as the whole procedure identified with Employee Provident Fund (EPF) administrations is presently worked on the web. On account… Read More »

Employee Provident Fund – EPF Contribution & PF Balance Check

Employee Provident Fund—regularly called PF—is a retirement advantage plot that is accessible to each and  every single salaried employees. It is a significant tool for retirement planning. The tax-free interest  (compounding) on Employee Fund and the development guarantees retirement money on Employee Provident Fund. Both employees and the employer  contributes to PF at the ‘rate… Read More »