Thu, Jun 27, 2024
Find out how employees can voluntarily contribute more than 12% of their basic salary and understand other basic details in regard to EPF.
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Wed, Jan 03, 2024
The Employee Provident Fund scheme comprises three components- Employee Provident Fund (EPF), Employee Pension Scheme (EPS) and Employee Deposit Linked Insurance Scheme (EDLI). While EPF is centered around wealth creation and EPS around pension, EDLI is an insurance scheme for which you don't have to pay premium separately. If an employee dies before the age of 58, their family can claim insurance money through Form-51F. Know how one can claim that money.
Wed, Mar 15, 2017
The proposed EPF scheme will enable around four crore members of retirement fund body EPFO to withdraw up to 90% of their fund for making down payments while buying homes.
Wed, Feb 22, 2017
"To add further convenience, these forms (different form for various advances and withdrwals) now have been further simplified and replaced with a single page Composite Claim Form (Aadhar). This new Composite Claim Form (Aadhar), can be submitted without the attestation of employers," EPFO said in statement.
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