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Articles for Pf Fund

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs
3 months ago

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs

News 18  

The Employees’ Provident Fund Organisation has raised the one-time withdrawal limit for provident fund accounts to Rs 1 lakh, doubling the previous limit of Rs 50,000. The EPFO manages the provident fund, pension, and insurance schemes for the organised sector employees in India, primarily through the Employees’ Provident Fund scheme. Mandaviya also announced another key update: the government has relaxed …

India Fund Epfo Withdraw Raises Pf
What are the issues faced by EPFO pensioners?
3 months, 1 week ago

What are the issues faced by EPFO pensioners?

The Hindu  

The story so far: Nearly 78 lakh Provident Fund pensioners across the country under the Employees’ Pension Scheme, 1995 of the Employees’ Provident Fund Organisation will receive their pension through any bank, any branch from January 1, 2025. The Union Labour Ministry cleared the proposal earlier this month for a Centralised Pension Payment System as part of the EPFO’s ongoing …

Union Pensioners Payment Wages Fund Scheme Epfo
Provident Fund alert: EPFO to transfer money to more than 7 crore subscribers, steps to check balance
1 year, 4 months ago

Provident Fund alert: EPFO to transfer money to more than 7 crore subscribers, steps to check balance

India TV News  

The Employees Provident Fund Organisation has initiated the process of depositing interest for the financial year 2022–23. The central government approved in July this year raising the interest rate on Employees Provident Fund deposits to 8.15% for the financial year 2022–23. When the sum is credited, users can check their EPF balance in different ways, including the EPFO site, SMS, …

Balance Interest Provident Fund Number Registered Rate Check
Tax On PF Withdrawal: Why You Must Merge Your Previous PF Account With New One
1 year, 7 months ago

Tax On PF Withdrawal: Why You Must Merge Your Previous PF Account With New One

News 18  

Many of us change jobs every 2-3 years to secure higher salaries and better opportunities. When you switch jobs, you provide your UAN to the new employer, who subsequently opens another PF account under the same UAN. It is essential to merge your previous PF account with the new one after opening the latter. Rule of PF withdrawal As per …

Account Uan Pf Fund Your Pf Account Your Pf Accounts
New Provident Fund Tax rules come into effect: Here's what will change now
3 years, 3 months ago

New Provident Fund Tax rules come into effect: Here's what will change now

India TV News  

The Central Board of Direct Taxes under the Ministry of Finance has notified the Income Tax rules that will allow the government to collect tax from Provident Fund income generated from employee contributions. “For the purpose of calculation of taxable interest…, separate accounts within the provident fund account shall be maintained during the previous year 2021-2022 and all subsequent previous …

Tax Provident Fund Fund Account Come Accounts Provident
EPFO likely to announce interest rates on provident fund deposits for FY 2020-21 today
3 years, 9 months ago

EPFO likely to announce interest rates on provident fund deposits for FY 2020-21 today

Firstpost  

The Employees Provident Fund Organisation is expected to announce the interest rates on provident fund deposits for the financial year 2020-21 on Thursday. The central board of trustees will meet in Srinagar and reports say the EPFO could lower the rates for FY 20-21 following the economic downturn throughout the last year due to novel coronavirus. In March 2020, the …

Epfo Fund Deposits