Epf Scheme

The government has decided to reduce the tax benefits on PF, in a move to target high-income earners who benefit from the scheme.

EPFO is thinking of coming out with a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month

A PF account is considered a social security scheme as it gives post-retirement benefits

The Union Cabinet today approved extending the scheme for distribution of free food grains to the country's poorest until the end of November to help them cope with the economic pain of the coronavirus-induced lockdown.

The Employees Provident Fund Organization (EPFO) has settled 12.91 lakh claims, including 7.40 lakh COVID-19 claims, under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) scheme in order to provide immediate relief to people reeling under the ongoing 40-day lockdown targeted at curbing the spread of deadly COVID-19 disease. The Retirement fund body ...

The labour ministry said eligible organisations can claim the relief by filing an electronic challan-cum-return (ECR).

PF Rules: Employees Provident Fund Organisation has disbursed an amount of Rs. 279.65 crore under a new provision specially formulated by amending EPF Scheme

Retirement fund body Employees' Provident Fund Organisation (EPFO) will pay interest at the rate of 8.5 per cent for the current financial year, Labour Minister Santosh Gangwar said on Thursday. That marked a cut of 15 basis points - or 0.15 percentage point - from the interest rate of 8.65 per cent paid on EPF investments for financial year 2018-1...

Employees' Provident Fund Organisation (EPFO) will shortly launch an e-inspection system across the country for monitoring of voluntary compliance of EPF scheme by employers, an official said on Friday.

Employees' Provident Fund Organization or EPFO, the nodal agency that monitors Employees' Provident Fund contributions, allows the subscriber - or employees of an organisation of 20 or more individuals - to transfer provident fund (PF) balance with the previous employer to a new employer. In online transfer of PF, an employee has the option to get ...

Employees' Provident Fund or EPF, a government-run pension scheme, fetches an interest at the rate of 8.65 per cent. It is a mandatory contribution from the salary of an individual that every organisation with more than 20 employees has to deduct. EPF is regulated by retirement fund body EPFO or Employees' Provident Fund Organisation. The retiremen...

Provident fund body EPFO, through its unified portal - unifiedportal-emp.epfindia.gov.in, enables eligible subscribers to apply for a withdrawal from their EPF accounts. EPFO's contributory provident fund scheme, Employees Provident Fund (EPF), enables subscribers to accumulate and earn interest on savings for retirement. EPFO allows partial withd...

An employee contributes 12 per cent of his salary towards the EPF, while an employer pays another 12 per cent, out of which 8.33 per cent is invested in the Employee's Pension Scheme (EPS) while the balance 3.67 per cent is invested in EPF, according to epfindia.gov.in.

So basically, both the employee and the employer make equal contributions towards the EPF kitty. The employee as well as the employer contributes 12% each towards the EPF.

However, about 18.55 lakh subscribers, who had ceased to be members, have re-started their contributions during the period.

The government has decided to reduce the tax benefits on PF, in a move to target high-income earners who benefit from the scheme.

EPFO is thinking of coming out with a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month

A PF account is considered a social security scheme as it gives post-retirement benefits

The Union Cabinet today approved extending the scheme for distribution of free food grains to the country's poorest until the end of November to help them cope with the economic pain of the coronavirus-induced lockdown.

The Employees Provident Fund Organization (EPFO) has settled 12.91 lakh claims, including 7.40 lakh COVID-19 claims, under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) scheme in order to provide immediate relief to people reeling under the ongoing 40-day lockdown targeted at curbing the spread of deadly COVID-19 disease. The Retirement fund body ...

The labour ministry said eligible organisations can claim the relief by filing an electronic challan-cum-return (ECR).

PF Rules: Employees Provident Fund Organisation has disbursed an amount of Rs. 279.65 crore under a new provision specially formulated by amending EPF Scheme

Retirement fund body Employees' Provident Fund Organisation (EPFO) will pay interest at the rate of 8.5 per cent for the current financial year, Labour Minister Santosh Gangwar said on Thursday. That marked a cut of 15 basis points - or 0.15 percentage point - from the interest rate of 8.65 per cent paid on EPF investments for financial year 2018-1...

Employees' Provident Fund Organisation (EPFO) will shortly launch an e-inspection system across the country for monitoring of voluntary compliance of EPF scheme by employers, an official said on Friday.

Employees' Provident Fund Organization or EPFO, the nodal agency that monitors Employees' Provident Fund contributions, allows the subscriber - or employees of an organisation of 20 or more individuals - to transfer provident fund (PF) balance with the previous employer to a new employer. In online transfer of PF, an employee has the option to get ...

Employees' Provident Fund or EPF, a government-run pension scheme, fetches an interest at the rate of 8.65 per cent. It is a mandatory contribution from the salary of an individual that every organisation with more than 20 employees has to deduct. EPF is regulated by retirement fund body EPFO or Employees' Provident Fund Organisation. The retiremen...

Provident fund body EPFO, through its unified portal - unifiedportal-emp.epfindia.gov.in, enables eligible subscribers to apply for a withdrawal from their EPF accounts. EPFO's contributory provident fund scheme, Employees Provident Fund (EPF), enables subscribers to accumulate and earn interest on savings for retirement. EPFO allows partial withd...

An employee contributes 12 per cent of his salary towards the EPF, while an employer pays another 12 per cent, out of which 8.33 per cent is invested in the Employee's Pension Scheme (EPS) while the balance 3.67 per cent is invested in EPF, according to epfindia.gov.in.

So basically, both the employee and the employer make equal contributions towards the EPF kitty. The employee as well as the employer contributes 12% each towards the EPF.

However, about 18.55 lakh subscribers, who had ceased to be members, have re-started their contributions during the period.