There are around 8 crore active subscribers under the fold of the Employees’ Provident Fund Organisation (EPFO), and they see EPF as more than just a retirement savings tool — it is often their first ...
Switching jobs no longer has to mean endless follow-ups with your old employer for transferring your Provident Fund (PF) balance. The Employees’ Provident Fund Organisation (EPFO) has now introduced a ...
EPFO 3.0 PF Account Merge Process: Employees often face significant difficulties merging their PF accounts when they change ...
As the serviceable tenure is less than 5 years, your withdrawal will be taxable. You can expect a TDS of 10% on that but ...
PF Transfer New Rule: The Employees Provident Fund Organisation (EPFO) will now allow professionals to transfer their PF balance from the previous employer more easily to a new updated account of ...
In a major relief for salaried employees, EPFO is set to introduce UPI-based Provident Fund withdrawals by April. The new system will allow members to transfer PF money directly to their linked bank ...
As soon as you receive your first salary in the organised sector, you become a member of the EPFO, with a part of your salary going towards the provident fund account. In fact, your EPF account gets ...
​Currently, EPFO members must apply manually to withdraw funds, a process that can be time-consuming. The organisation already operates an auto-settlement system for claims under Rs 5 lakh, which ...
Changing jobs usually comes with excitement — a new workplace, new responsibilities, maybe even a bigger paycheque. But amid all the paperwork and joining formalities, many employees forget an ...
The eligibility of applicants under the EDLI Scheme of 1976 has been relaxed, the minimum benefits have been increased to Rs 50,000, and the service continuity rules softened. The combined effect of ...