Articles for Provident Fund

Robin Uthappa breaks silence after arrest warrant over PF fraud allegation
2 days, 18 hours ago

Robin Uthappa breaks silence after arrest warrant over PF fraud allegation

India Today  

Former Indian cricketer Robin Uthappa has addressed the recent controversy surrounding an arrest warrant issued against him over a Provident Fund fraud case. Robin Uthappa's statement "In light of recent news of the PF case against me, I would like to provide some clarification with regards to my involvement with Strawberry Lenceria Pvt. "When the Provident Fund authorities issued notices …

Companies Provident Fund Uthappa Breaks Silence Robin Uthappa
How PF withdrawal from ATMs could benefit you, starting in 2025
1 week, 3 days ago

How PF withdrawal from ATMs could benefit you, starting in 2025

India Today  

All servicemen and women with ensured PF accounts will likely be able to withdraw PF directly from ATMs without undergoing lengthy bank procedures. Dawra noted that more than 7 crore workers joined PF coverage since 2017, strengthening India's social security system. The Employees Provident Fund Organisation plans to link PF accounts to an ATM-compatible system, allowing subscribers to access their …

India Provident Fund Fund System Epfo Pf Withdrawal Dawra
You can withdraw PF from an ATM starting 2025, announces labour ministry
1 week, 4 days ago

You can withdraw PF from an ATM starting 2025, announces labour ministry

Hindustan Times  

Starting next year, 2025, EPFO subscribers will be able to withdraw their Provident Fund through ATMs, Labour Ministry Secretary Sumita Dawra announced on Wednesday. The Employees' Provident Fund Organisation currently has over 70 million active contributors. Efforts to extend social security benefits to gig workers are in advanced stages, with a scheme being finalised to include benefits like medical coverage, …

Social Security Provident Fund Fund Employees Provident Organisation Currently Labour Secretary Withdraw Pf
VPF Vs PPF: Which Is Better For You & Should You Invest In Both?
2 weeks, 4 days ago

VPF Vs PPF: Which Is Better For You & Should You Invest In Both?

ABP News  

Voluntary Pension Fund and Public Provident Fund are two popular and trusted long-term investments that cater to different investment needs. VPF is a part of Employee Provident Fund and is tied to your salary, while PPF is a government-backed savings scheme open to all individuals. Public Provident Fund Public Provident Fund is another low-risk savings scheme that offers steady returns …

Benefits Tax Investments Interest Public Provident Fund Invest Returns
EPFO directs Bajaj Allianz Life Insurance to pay ₹121-crore default
3 weeks, 2 days ago

EPFO directs Bajaj Allianz Life Insurance to pay ₹121-crore default

Live Mint  

New Delhi: The Employees’ Provident Fund Organisation, the country’s statutory retirement fund manager, has asked the Bajaj Allianz Life Insurance company to pay a default amount of ₹121 crore towards provident fund contributions within 60 days, concluding a long-drawn-out investigation, according to an order seen by HT. The EPFO’s regional provident fund commissioner—deciding a case between the EPFO versus Bajaj …

Pay Order Life Insurance Fund Bajaj Epfo Provident
Public Provident Fund vs Sukanya Samriddhi Yojana vs Post Office Fixed Deposit: Latest interest rates compared
1 month ago

Public Provident Fund vs Sukanya Samriddhi Yojana vs Post Office Fixed Deposit: Latest interest rates compared

Live Mint  

Saving is a vital part of life, whether for retirement or building an emergency fund. Here, we compare the most recent interest rates for Post Office Fixed Deposits, Sukanya Samriddhi Yojana, and PPF. Sukanya Samriddhi Yojana latest interest rates Sukanya Samriddhi account is a popular savings option for Indian parents of daughters. Post Office Fixed Deposit's latest interest rates The …

Office Interest Rates Public Provident Fund Post Rates Deposit Post Office
PPF: Interest rate offered on Public Provident Fund vis-a-vis other Small Savings Schemes. Check entire list here
1 month, 2 weeks ago

PPF: Interest rate offered on Public Provident Fund vis-a-vis other Small Savings Schemes. Check entire list here

Live Mint  

Are you looking to invest in a safe financial instrument for a long term investment? Other small savings scheme besides PPF Post office savings account: It offers 4 percent interest per annum. 1-year-time deposit: It gives 6.9 per cent interest per annum 2-year time deposit: It offers 7 per cent interest per annum. Senior Citizen Savings Scheme: This scheme offers …

Savings Offers Interest Small Savings Schemes Public Provident Fund Cent Invest
Empanelment of Advocates for Employees' Provident Fund Organisation
1 month, 4 weeks ago

Empanelment of Advocates for Employees' Provident Fund Organisation

Live Law  

Employees' Provident Fund Organisation proposes to engage legal counsel to represent the Central Board, EPF before, High Court, Central Government Industrial Tribunal (CGIT), CAT, DCDRF, SCDRC, NCDRC, NCLT, NCLAT and lower/ District Courts at Union Territory of Jammu & Kashmir and Union Territory of Ladakh.

Government Law Legal Provident Fund Mumbai
UPSC EPFO Assistant Provident Fund Commissioner final result announced, direct link to check on upsc.gov.in
5 months, 1 week ago

UPSC EPFO Assistant Provident Fund Commissioner final result announced, direct link to check on upsc.gov.in

Hindustan Times  

UPSC EPFO Result: The Union Public Service Commission has announced the final result of the recruitment examination held for the post of Assistant Provident Fund Commissioner at the Employee's Provident Fund Organisation under the Ministry of Labour and Employment. Candidates who have appeared in the examination can check the UPSC EPFO result on the commission's website, upsc.gov.in. UPSC EPFO final …

Result Provident Fund Upsc Epfo Upsc Epfo
PPF, Post Office Deposits, SSY: Govt Keeps Interest Rates Unchanged On Small Savings Schemes for Q2 FY25
5 months, 3 weeks ago

PPF, Post Office Deposits, SSY: Govt Keeps Interest Rates Unchanged On Small Savings Schemes for Q2 FY25

News 18  

The government on Friday kept the interest rates unchanged on small savings schemes, including Public Provident Fund, Sukanya Samriddhi Yojana, Senior Citizens Savings Schemes and post office time deposits, for July-September 2024, according to a notification by the finance ministry on Friday. Interest rates on small savings schemes like PPF, post office savings and term deposits, NSC and SSY, are …

Savings Interest Rates Interest Small Savings Schemes Public Provident Fund 2024 Cent
PPF: Triple advantage of Public Provident Fund— explained
6 months, 3 weeks ago

PPF: Triple advantage of Public Provident Fund— explained

Live Mint  

The Public Provident Fund in India offers a secure long-term savings avenue with guaranteed interest rates and income tax deductions under Section 80C. Second, the contributions made to a PPF account qualify for tax deductions under Section 80C of the Income Tax Act, providing additional financial benefits to investors. "Initially, it furnishes a secure and low-risk pathway for long-term savings, …

India Retirement Savings Interest Public Provident Fund Public Ppf
Termination Of Services Without Prior Notice Violates Principles Of Natural Justice, Gujarat High Court Directs Forest & Environment Department To Reinstate Workmen
7 months, 1 week ago

Termination Of Services Without Prior Notice Violates Principles Of Natural Justice, Gujarat High Court Directs Forest & Environment Department To Reinstate Workmen

Live Law  

The Gujarat High Court single-judge bench of Justice Hemant M. Prachchhak held that the termination of services of Workmen without issuing any prior notice violates the principles of natural justice. Additionally, the High Court held that the termination was aimed at depriving the Workmen of the benefits entitled to them under the Government Resolution dated October 17, 1988. Furthermore, the …

Benefits Justice Court Services Management Gujarat Resolution
The Complete Supreme Court Annual Digest- 2023 [Part-XII]
7 months, 3 weeks ago

The Complete Supreme Court Annual Digest- 2023 [Part-XII]

Live Law  

Information RTI Act will become 'dead letter': Supreme Court directs States, Union to fill vacancies in Information Commissions. Maneesh Pharmaceuticals Ltd. v. Export Import Bank of India, 2023 LiveLaw 1073 Insolvency and Bankruptcy Code, 2016; Section 7 - Limitation Act, 1963; Section 5 and 18 - Delay of 1392 days - Additional affidavit stating that the delay was only of …

India Karnataka Kerala Delhi Supreme Court High Court High Courts
EPF interest calculation: Your guide to understanding EPF account interest
9 months ago

EPF interest calculation: Your guide to understanding EPF account interest

India TV News  

The Employees’ Provident Fund stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. Declared EPF interest rate The annual EPF interest rate is announced by the Employees’ Provident Fund Organisation. For the financial year 2023-24, the EPF interest rate stands at 8.25%. Calculation method EPF interest is compounded …

Employees Interest Provident Fund Rate Monthly Epfo Calculation
Contribution Collected From Employees If Not Deposited Within Due Dates Prescribed As Per PF & ESIC Act, Is Dis-Allowable: Mumbai ITAT
9 months, 1 week ago

Contribution Collected From Employees If Not Deposited Within Due Dates Prescribed As Per PF & ESIC Act, Is Dis-Allowable: Mumbai ITAT

Live Law  

The Mumbai ITAT recently clarified that mere deposit of employee's contribution before due date of filing return of income as per Section 139 of Income tax Act, will not make it eligible for deduction. Vs. CIT 143 taxmann.com 178, the Bench of Prashant Maharishi and Narendra Kumar Choudhry reiterated that “such sum collected from employees if not deposited within the …

Employees Provident Fund Date Contribution Deposited Act Bench
PPF account: How to open Public Provident Fund account online with SBI, HDFC Bank, ICICI Bank. A step-by-step guide
10 months, 2 weeks ago

PPF account: How to open Public Provident Fund account online with SBI, HDFC Bank, ICICI Bank. A step-by-step guide

Live Mint  

PPF offers 7.1% interest annually and can be opened online through SBI, HDFC, and ICICI Public Provident Fund, the popular long-term savings scheme, which matures in 15 years is currently giving 7.1% interest annually. Even some banks like the State Bank of India, ICICI, and HDFC also provide the option of opening a PPF account online {{^adFree}} {{/adFree}} How to …

Bank Interest Public Provident Fund Open Adfree Hdfc Bank Icici
Yearly Digest Of IBC Cases: 2023
11 months, 3 weeks ago

Yearly Digest Of IBC Cases: 2023

Live Law  

Supreme Court “Inappropriate, Almost Bordering On Contempt”: SC Deprecates NCLAT Order Impeding Implementation Of SC Order Case Title: Indiabulls Housing Finance Ltd. v Iirf India Realty Xii Ltd. & Ors. 1125 of 2022 The National Company Law Appellate Tribunal, Principal Bench, comprising of Justice Ashok Bhushan and Shri Barun Mitra, has directed the liquidation of the Corporate Debtor, M/s Ajanta …

India Justice Supreme Court Court Resolution Gratuity Chief Justice
ESI Dues Not At Par With PF, Pension Or Gratuity Dues; Neither Excluded From Liquidation Estate : NCLT Ahmedabad
1 year ago

ESI Dues Not At Par With PF, Pension Or Gratuity Dues; Neither Excluded From Liquidation Estate : NCLT Ahmedabad

Live Law  

The National Company Law Tribunal, Ahmedabad Bench, comprising of Mrs. Chitra Hankare and Dr. Velamur G Venkata Chalapathy, has held that the dues of Employees State Insurance Corporation are not at par with the dues of Provident Fund, Pension Fund or Gratuity Fund under IBC. Section 36 of IBC does not define the dues of ESIC as workmen dues and …

Pension Gratuity Corporate Debtor Operational Creditor Provident Fund Nclt Estate
How To Add Nominee To Employees' Provident Fund Account Online
1 year, 2 months ago

How To Add Nominee To Employees' Provident Fund Account Online

News 18  

Whether it’s a bank account or a savings account, declaring a nominee is both necessary and beneficial. If the nominee is not declared by the EPF account holder, then EPFO withholds many of its services, like checking the balance of the PF account. Online claim and settlement of Provident fund, pension and insurance benefits, in case of death of the …

Provident Fund Account Epfo Click Nominee Holder Epf
NCLT Mumbai Refuses To Admit Belated Claim Of EPFO Submitted Post Approval Of Resolution Plan By The CoC
1 year, 4 months ago

NCLT Mumbai Refuses To Admit Belated Claim Of EPFO Submitted Post Approval Of Resolution Plan By The CoC

Live Law  

The National Company Law Tribunal, Mumbai Bench, comprising of Shri Kuldip Kumar Kareer and Smt. Anuradha Sanjay Bhatia, while adjudicating an application filed in Small Industrial Development Bank of India v E & G Global Estates Limited, has refused to admit the claim of Employee Provident Fund Organization, which was submitted belatedly after the approval of resolution plan by the …

Corporate Resolution Corporate Debtor Applicant Claims Provident Fund Resolution Plan
EPFO To Soon Credit Interests For FY 2022-23 To Employees' Bank Accounts
1 year, 4 months ago

EPFO To Soon Credit Interests For FY 2022-23 To Employees' Bank Accounts

News 18  

The Employees’ Provident Fund Organisation has initiated the process of depositing money to the subscriber’s account with full interest for the financial year 2022-23. EPFO assured the users that there will be no loss of interest in the sum of money which will be deposited in their bank accounts shortly. Please maintain patience— EPFO August 4, 2023 Although the interest …

Money Provident Fund Account Epfo No Loss Credit Interest
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
Karnataka High Court Half Yearly Digest: January To June 2023
1 year, 4 months ago

Karnataka High Court Half Yearly Digest: January To June 2023

Live Law  

Nominal Index Priyanaka R Patil v. Kendriya Sainik Board. 'Committees Can Always Be Constituted By Legislative Council To Study Performance Of Nursing Colleges': Karnataka High Court Case Title: Karnataka State Association of the Management of Nursing v. Allied Health Science Institution And State of Karnataka & Others Case No: Writ Appeal 839/2022 Citation: 2023 LiveLaw 7 The Karnataka High Court …

India Bengaluru Karnataka High Court University Minimum Wages Civil Procedure
Govt hikes interest rate on Employees Provident Fund for 2022-23 to 8.15%
1 year, 4 months ago

Govt hikes interest rate on Employees Provident Fund for 2022-23 to 8.15%

Hindustan Times  

The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23. Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund deposits to 8.15 per cent for 2022-23 for its over six crore subscribers. As per an …

Fund Cent Interest Rate Epfo Hikes Interest Epf Employees Provident Fund