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Articles for Epf Interest

EPF interest delays: How it impacts compounding and tax filing
1 month, 1 week ago

EPF interest delays: How it impacts compounding and tax filing

Live Mint  

Chennai-based Sudarshan Jain was in for a shock when he checked his Employee Provident Fund passbook in August this year. “EPFO considers the previous year's declared rate of interest to process the claim. If the present year rate of interest is higher than the previous year, to that extent, member will be in loss of interest," he said. If EPFO …

Loss Financial Income Delay Rate Itr Epfo
No loss of interest for EPF subscribers: MoF
2 years, 2 months ago

No loss of interest for EPF subscribers: MoF

Deccan Chronicle  

New Delhi: The finance ministry has clarified there is no loss of interest rate for Employees' Provident Fund Organisation subscribers and the delay in crediting interest for the last fiscal is due to software upgrade being conducted. It has further said that for all outgoing subscribers seeking settlement and also those withdrawing their deposits, the payments are being done inclusive …

Interest Epf No Loss Subscribers Mof Seeking Settlement
EPF still top scorer despite cut in interest rate to 40-year low - 5 Reasons
2 years, 6 months ago

EPF still top scorer despite cut in interest rate to 40-year low - 5 Reasons

India TV News  

EPF Interest Rate 2021-22, EPF Interest Rate Cut: The Employees’ Provident Fund Organisation, responsible for regulation and management of provident funds in the country, has cut the interest rate on EPF to a 40-year-low of 8.1 per cent for the financial year 2021-22, causing more pain to the salaried class at a time when inflation is at an 8-year-high. A …

Tax Interest Contribution Rate Low Schemes Interest Rate
EPF Interest Rate: PF Members to Get 8.1% Interest for 2021-22; Lowest Since 1977-78
2 years, 6 months ago

EPF Interest Rate: PF Members to Get 8.1% Interest for 2021-22; Lowest Since 1977-78

News 18  

The government has approved a four-decade-low interest rate of 8.1 per cent on employee provident fund deposits for 2021-22, according to news agency PTI quoting an EPFO office order. The retirement fund body had in March decided to pay an 8.1 per cent rate of interest on the provident fund deposits for the financial year 2021-22, against 8.5 per cent …

Fund Pti Rate Epfo Cbt Lowest Provident
TMS Ep149: 5G spectrum prices, TDS on EPF, markets, Private 5G network
2 years, 8 months ago

TMS Ep149: 5G spectrum prices, TDS on EPF, markets, Private 5G network

Business Standard  

India’s telecom regulator has suggested slashing the reserve prices for the radio waves before it goes under the hammer. Will these recommendations, if accepted by the government, give some leg-up to the industry?TRAI’s move will indeed offer some cushion to the ailing telecom sector. After effecting interest rate cut, from the earlier 8.5% to 8.1%, the EPFO is now going …

Market
EPF interest rate: When will subscribers receive payment?
2 years, 9 months ago

EPF interest rate: When will subscribers receive payment?

India Today  

Employees' provident fund interest rate was cut to a four-decade low of 8.1 per cent for the 2021-22 fiscal. EPF INTEREST RATE The EPFO paid 8.5 per cent interest rate to its subscribers in 2020-21, the same as in the previous year. EPF INTEREST TO SUBSCRIBERS The 8.1 per cent interest rate was recommended by the Central Board of Trustees …

Investment Interest Fund Interest Rate Epfo Subscribers Epf Interest
EPF Interest Rate 2021-22: PF Members to Get 8.1% Interest, Lowest in Decades; Know More
2 years, 9 months ago

EPF Interest Rate 2021-22: PF Members to Get 8.1% Interest, Lowest in Decades; Know More

News 18  

EPF interest rate 2021-22: The Employees’ Provident Fund Organisation on Saturday decided to pay 8.1 per cent rate of interest on provident fund deposits for the current financial year 2021-22, sources told CNBC-TV18. The rationale behind this recommendation is we want to strike a balance between the safety of EPF corpus with high returns and we will look for well …

Board Epfo Cbt Provident Fund Epf Cent Interest Epf Interest Rate
EPF interest to be credited soon as govt gives nod: Report
3 years, 1 month ago

EPF interest to be credited soon as govt gives nod: Report

Live Mint  

The Finance Ministry on Friday approved 8.5% rate of interest of provident fund deposit for 2020-21 paving way for the Employees' Provident Fund Organisation to credit the interest, reported news agency PTI citing sources. The retirement fund regulatory body kept the EPF interest rate unchanged for FY 2020-21 as there was more withdrawal than deposits during the entire financial year. …

Balance Fund Rate Sms Epfo Epf Uan
EPFO to credit EPF interest for FY2020-21 at 8.50%; here's how you can check your PF balance
3 years, 4 months ago

EPFO to credit EPF interest for FY2020-21 at 8.50%; here's how you can check your PF balance

India Today  

The Employees' Provident Fund Organization has decided to retain the EPF interest rate at 8.5 percent for the fiscal year 2020-21, despite the losses incurred during the Covid-19 pandemic. Steps to check PF balance online Step 1: Visit the official site of EPFO at https://www.epfindia.gov.in. How to check PF balance through missed call To avail of this service, the mobile …

Mobile Balance Service Number Check Account Epfo
What happens if you don’t transfer your PF account after changing job
3 years, 7 months ago

What happens if you don’t transfer your PF account after changing job

Live Mint  

Provident Fund is mainly considered as a retirement-oriented investment option, which is mandatory for an employee. However, due to the lack of Universal Account Number or UAN and PF account number and some formalities required for transfer of the EPF account, it has been found that employees don't transfer their previous EPF account to the new place of work. In …

Transfer Provident Fund Employee Account Epf Interest
How long your EPF interest earned is income tax exempted - Explained
3 years, 8 months ago

How long your EPF interest earned is income tax exempted - Explained

Live Mint  

An Employees' Provident Fund account is eligible for earning EPF interest rate till the account holder turns 58 years. But, the question is, will the EPF interest earned by the account holder will be 100 per cent income tax exempted in all scenario? According to tax and investment experts, an Employees' Provident Fund Organisation subscribers’ income via EPF account is …

Tax Interest Account Epf Epf Interest
EPFO Trustees to Flag Delay in Ratification of EPF Interest Rate for FY20
4 years, 3 months ago

EPFO Trustees to Flag Delay in Ratification of EPF Interest Rate for FY20

News 18  

The issue of delay in ratification of 8.5 per cent rate of interest for employees provident fund for 2019-20 is likely to be raised in the meeting of retirement fund body EPFO scheduled on Wednesday. The Employees' Provident Fund Organisation's apex decision making body Central Board of Trustees, headed by Labour Minister Santosh Gangwar, had on March 5 this year …

Cent Rate Interest Rate Epfo Cbt Epf Interest Fund Epf