EPFO Contribution status: Is your employer paying your EPF contribution forward or not? Find out here
EPFO Contribution status: EPFO provides online facility to account holders to check EPF contributions deducted by employer; PF amount due to the member will be paid only to the extent of the amount that is realised by the employer
EPFO Contribution status: Are you worried if the company you are working for is paying your Employees' Provident Fund (EPF) amount deducted from your salary to the EPFO every month? Are you wondering if there is a way to find that out without going to the EPFO accounts office? Yes, you can find that out easily without bothering to go to the accounts office. All you need is a Universal Account Number (UAN).
While the EPFO provides all its account holders online facility to check their contributions towards their Provident Funds and pension through annual Provident Fund statement of account/member passbook, you can check it month-on-month basis through the e-passbook facility available on the EPFO portal. The PF statement of the account holder will be indicated in the member e-passbook which you can view online by logging into your account. The default period in the year will be reflected in your account. The account holder can see what part of the monthly deductions by your employer is going towards the PF component and pension component. Currently, the members also get an SMS on their registered mobile phones on credit for monthly contributions to their PF accounts.
The EPFO provides all its account holders online facility to check their contributions towards their Provident Funds and pension.
The PF amount due to the member will be paid only to the extent of the amount that is realised by the employer.
In case, the employer fails to carry out his obligations, the account holder has a remedy that he can avail. The EPFO can invoke penal provisions of the Act to recover the dues from the employer. Complain can also be lodged with the police under section 406/409 of IPC by the EPFO for action against such employers.
See Zee Business Live TV Streaming Below:
EPFO is one of the World's largest Social Security Organisations in terms of clientele and the volume of financial transactions undertaken. At present, it maintains 19.34 crore accounts (Annual Report 2016-17) pertaining to its members," as per the EPFO website.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Retirement Planning: Investment Rs 20 lakh, retirement corpus goal Rs 3.40 crore; know how you can achieve it
03:48 PM IST