Provident Fund

Government Approves 8.65% Interest Rate On Provident Fund For 2018-19: 10 Things To Know

Business | Edited by Anshul | Thursday September 19, 2019

The government has approved 8.65 per cent interest rate on employees' provident fund (EPF) for 2018-19, reported news agency Press Trust of India (PTI) quoting a source. The interest amount will now be credited into the accounts of over 6 crore subscribers of retirement fund body Employees' Provident Fund Organization (EPFO), the report added. In a...

How To Transfer Provident Fund (PF) Balance With Previous Employer To New Employer

Business | Edited by Anshul | Thursday September 19, 2019

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 ...

Provident Fund (PF) Subscribers To Get 8.65% Interest For 2018-19: 10 Things To Know

Business | Edited by Anshul (with inputs from PTI) | Wednesday September 18, 2019

Over six crore accounts in the Employees' Provident Fund Organization (EPFO) will be credited with interest at the rate of 8.65 per cent for financial year 2018-19 ahead of the festival season, Labour Minister Santosh Gangwar said. In an EPF or Employees' Provident Fund account, the employee contributes 12 per cent of the salary whereas an equal am...

Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19

Business | Press Trust of India | Wednesday September 18, 2019

EPF interest rates: Retirement fund body EPFO is settling provident fund (PF) withdrawal claims at the interest rate of 8.55 per cent, which was approved for the financial year 2017-18.

Post Office Public Provident Fund Account: Interest Rate, Tax Benefits Explained Here

Business | Edited by Abhishek Jejani | Tuesday September 10, 2019

The post office public provident fund account offers an interest of 7.9 per cent per annum, which is compounded yearly.

How To Check Provident Fund (PF) Balance

Business | Edited by Anshul | Wednesday August 28, 2019

In an EPF account, the employee contributes 12 per cent of his or her salarytowards the account, and an equal amount is contributed by the employer, according to the EPF website - epfindia.gov.in.

Conditions Under Which You Can Withdraw From Your Provident Fund Account

Business | Anshul | Saturday August 24, 2019

The subscribers can put a claim for 'advance' withdrawal online via EPFO's website - unifiedportal-mem.epfindia.gov.in. The claim is then forwarded to the employer for approval. Once approved, the amount is credited to the subscriber's account within 10 days, according to the EPFO's website.

Interest Rate, Withdrawal Rules Of Employees' Provident Fund (EPF)

Business | Edited by Anshul | Saturday August 17, 2019

In an EPF account, the employee contributes 12 per cent of his or her salary (basic wages, dearness allowance and retaining allowance) towards the account, and an equal amount is contributed by the employer, according to the EPF website -epfindia.gov.in.

Key Things To Know About Filing An Online Claim For Provident Fund Withdrawal

Business | Edited by Anshul | Thursday August 15, 2019

In order to file an online claim for partail withdrawal from EPF corpus, subscriber should have activated his/her Universal Account Number (UAN) and the mobile number used for activating UAN should be in the working condition.

How To Open Public Provident Fund (PPF) Using SBI Net Banking

Business | Edited by Anshul | Saturday August 10, 2019

For the current quarter, investment in a PPF account fetches an interest at the rate of 7.9 per cent per annum.

Want To Check Your Provident Fund Balance? Here's How To Do It

Business | Edited by Abhishek Jejani | Tuesday August 6, 2019

Employees' Provident Fund Organisation is the nodal agency to monitor EPF contributions, which is shared equally between employees and employer.

All You Need To Know About Filing An Online Claim For Provident Fund Withdrawal

Business | NDTV Profit Team | Wednesday July 31, 2019

In EPF, a mandatory contribution is deducted from the salary of an employee and contributed towards the provident fund.

EPFO Assistant Exam Begins

Jobs | NDTV Education Team | Tuesday July 30, 2019

The prelims will have questions from English language, reasoning ability and numerical aptitude. For each wrong answer, there will be a negative marking of one fourth of the mark assigned to that question.

Latest Interest Rate Offered By General Provident Fund (GPF), Other Details

Business | NDTV Profit Team | Saturday July 20, 2019

As per GPF rules, all temporary government servants after a continuous service of one year, all re-employed pensioners (other than those eligible for admission to the contributory provident fund) and all permanent government servants are eligible to subscribe to GPF, as mentioned on pensionersportal.gov.in.

Provident Fund (PF) Accounts: Eligibility, Interest Rates, Premature Withdrawal

Business | NDTV Profit Team | Friday July 19, 2019

While EPF and GPF are compulsory retirement saving options, Public Provident Fund (PPF) account is an investment avenue with income tax benefits.