Employee Provident Fund Epf

Under the PF schemes, the employees contribute a small amount of their monthly income, which turns into a retirement corpus.

An individual who starts working at the age of 21 years with a basic monthly salary and DA (Dearness Allowance) of Rs 25,000 can retire with over Rs 1 crore from his regular contributions to the EPF investment.

While the EPF is a lifetime deposit, there are provisions to withdraw money from the EPF early as well. 

Government has approved 8.1 per cent rate of interest on employees' provident fund (EPF) deposits for 2021-22

Centre is considering linking the wage ceiling under EPFO to the consumer price index or some other measures to allow periodic revision

A key change was made to EPF rules to allow a person to withdraw PF corpus if one faces unemployment before retirement due to lockdown or retrenchment

Employees Provident Fund (EPF) contributions exceeding ₹ 2.50 lakh yearly will be taxed from today, i.e., April 1, 2022. That limit has been set for government employees at a higher end of ₹ 5 lakh.

Several new tax rule changes are coming into effect from April 1, when the new financial year begins. These include tax rules on Employee Provident Fund (EPF) interests, Tax Deducted at Source (TDS), and crypto-assets.

The government will tax Employees Provident Fund (EPF) contributions exceeding ₹ 2.50 lakh yearly - including the employee, the employer contributions and the interest earned. The limit has been set higher for government employees at ₹ 5 lakh.

The Centre has planned to tax Employees Provident Fund (EPF) contributions exceeding Rs 2.50 lakh yearly. For government employees, the limit has been set at a higher end of Rs 5 lakh. Under the set of new Income Tax (I-T) Rules, PF accounts are likely to be divided into two parts -- taxable and non-taxable contribution accounts from April 1, 2022.

EPFO's board of trustees will decide the interest rate on employees' provident fund deposits for 2021-22 in its meeting scheduled for next month

Retirement fund body EPFO net added 15.41 lakh subscribers in September 2021, reflecting a growing trend in net payroll additions post the second wave of the pandemic.

The Employees' Provident Fund Organisation (EPFO) added around 14.81 lakh net subscribers during August, 2021, up over 12.61 per cent compared to July, according to provisional payroll data released by the Ministry of Labour and Employment on Wednesday.

The comment from the government agency came amid few media reports of UIDAI system outages in linking Aadhaar with the PAN card and EPFO. The media reports stated that Aadhaar users are struggling due to the glitches as the PAN, EPF linking deadline nears, to which UIDAI clarified that the reports are ''inaccurate'' and the services are working fin...

The government will pay the PF share of employer and employees till 2022 for those people who lost their jobs, but were again called back to work in small-scale jobs in the formal sector and whose units are registered in the EPFO

Under the PF schemes, the employees contribute a small amount of their monthly income, which turns into a retirement corpus.

An individual who starts working at the age of 21 years with a basic monthly salary and DA (Dearness Allowance) of Rs 25,000 can retire with over Rs 1 crore from his regular contributions to the EPF investment.

While the EPF is a lifetime deposit, there are provisions to withdraw money from the EPF early as well. 

Government has approved 8.1 per cent rate of interest on employees' provident fund (EPF) deposits for 2021-22

Centre is considering linking the wage ceiling under EPFO to the consumer price index or some other measures to allow periodic revision

A key change was made to EPF rules to allow a person to withdraw PF corpus if one faces unemployment before retirement due to lockdown or retrenchment

Employees Provident Fund (EPF) contributions exceeding ₹ 2.50 lakh yearly will be taxed from today, i.e., April 1, 2022. That limit has been set for government employees at a higher end of ₹ 5 lakh.

Several new tax rule changes are coming into effect from April 1, when the new financial year begins. These include tax rules on Employee Provident Fund (EPF) interests, Tax Deducted at Source (TDS), and crypto-assets.

The government will tax Employees Provident Fund (EPF) contributions exceeding ₹ 2.50 lakh yearly - including the employee, the employer contributions and the interest earned. The limit has been set higher for government employees at ₹ 5 lakh.

The Centre has planned to tax Employees Provident Fund (EPF) contributions exceeding Rs 2.50 lakh yearly. For government employees, the limit has been set at a higher end of Rs 5 lakh. Under the set of new Income Tax (I-T) Rules, PF accounts are likely to be divided into two parts -- taxable and non-taxable contribution accounts from April 1, 2022.

EPFO's board of trustees will decide the interest rate on employees' provident fund deposits for 2021-22 in its meeting scheduled for next month

Retirement fund body EPFO net added 15.41 lakh subscribers in September 2021, reflecting a growing trend in net payroll additions post the second wave of the pandemic.

The Employees' Provident Fund Organisation (EPFO) added around 14.81 lakh net subscribers during August, 2021, up over 12.61 per cent compared to July, according to provisional payroll data released by the Ministry of Labour and Employment on Wednesday.

The comment from the government agency came amid few media reports of UIDAI system outages in linking Aadhaar with the PAN card and EPFO. The media reports stated that Aadhaar users are struggling due to the glitches as the PAN, EPF linking deadline nears, to which UIDAI clarified that the reports are ''inaccurate'' and the services are working fin...

The government will pay the PF share of employer and employees till 2022 for those people who lost their jobs, but were again called back to work in small-scale jobs in the formal sector and whose units are registered in the EPFO