Thu, Nov 07, 2024
SIP vs NPS vs EPF Calculator: Retirement planning is an important aspect for an individual to achieve financial freedom. There are many investment schemes such as National Pension System (NPS), Employees' Provident Fund (EPF) and Systematic Investment Plan (SIP) in mutual funds for retirement planning. Two of them provide tax-free maturity amount.
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Sun, Oct 20, 2024
EPFO enrolled around 9.30 lakh new members in August 2024, representing an increase of 0.48 per cent from August 2023, a labour ministry statement said.
Fri, Jun 28, 2024
Under EPF, both the employer and the employee contribute to a pool of funds. The contribution from both stands at a maximum of 12 per cent of the basic salary and dearness allowance (DA) of an employee.
Fri, Mar 05, 2021
EPFO Members: The Employees' Provident Fund Organisation (EPFO) has a piece of good news for around 6 crore EPFO subscribers. The Provident Fund (PF) regulator body in India has announced 8.5 per cent EPF interest rate for the EPF account holders for FY21.
Thu, Mar 04, 2021
7th Pay Commission latest news: Finance Minister Nirmala Sitharaman has made it clear that the center is looking to implement New Wage Code Bill 2021 from 1st April 2021.
Wed, Mar 03, 2021
EPFO or Employees' Provident Fund Organisation has introduced the Universal Account Number (UAN) for all EPFO members. This UAN is a 12-digit number that each EPF passbook or EPF account holder is allotted. This UAN remains constant throughout an employees’ professional life.
EPFO or Employees' Provident Fund Organisation may have to change its EPF passbook contribution rule if the Labour Ministry accepts demand made by the Bharatiya Mazdoor Sangh.
EPFO members or Employees' Provident Fund Organisation subscribers have been mandatorily investing 12 per cent of their basic monthly salary in the Employees' Provident Fund (EPF) account as the EPF interest rate is 8.5 per cent and its completely risk-free.
Wed, Feb 24, 2021
7th Pay Commission latest news: After the implementation of this New Wage Code Act 2021, the minimum basic salary of central government employees will become at least 50 per cent of the net CTC, which means monthly allowance won't go beyond 50 per cent of net CTC.
Mon, Feb 22, 2021
PF Tax Rules: In the name of rationalization of the Provident Fund (PF) accounts, the central government has announced to levy income tax on PF contribution beyond Rs 2.5 lakh in a particular financial year.
Fri, Feb 19, 2021
7th Pay Commission latest news today: New Wage Code is one of the most buzzing words among the central government employees' minds these days.
Thu, Feb 18, 2021
EPFO Members Alert! The Employees' Provident Fund Organisation (EPFO) has issued new guidelines for changing one's Provident Fund (PF) account details like correction in name, father's or husband's name, date of birth, etc.
7th Pay Commission DA, HRA, TA Allowances: After the implementation of this New Wage Act 2021, the minimum basic salary of an employee will become at least 50 per cent of the net CTC means one's monthly allowance won't go beyond 50 per cent of its net CTC.
PF-EPF Passbook Balance latest update: The Narendra Modi Government is in the mood to implement New Wage Code Bill from 1st April 2021. In this New Wage code, there is provision that the minimum basic salary of an employee will be 50 per cent of the net CTC.
Wed, Feb 17, 2021
PF Calculator — New Wage Act 2021: The Narendra Modi Government is mulling to implement the New Wage Act 2021 from 1st April 2021. Finance Minister Nirmala Sitharaman has already made an announcement in this regard in her Union Budget 2021.
Mon, Feb 15, 2021
7th Pay Commission (7th CPC) latest news: The monthly take home salary of the central government employees may change from 1st April 2021.
New labour laws are in the offing for employees. That is because new rules under wage code are likely to be put into effect from April. This move will directly impact the employees pay.
Sat, Feb 13, 2021
EPF vs NPS: As your EPF (Employees' Provident Fund) is no more an EEE category investment, it becomes important to know if someone investing more than Rs 2.5 lakh in one's Provident Fund (PF) account has any other money-making investment option or not?
Wed, Feb 10, 2021
7th Pay Commission latest news: The monthly Provident Fund (PF) contribution and Gratuity of the central government employees may change from 1st April 2021.
Tue, Feb 09, 2021
7th Pay Commission latest news: The Central Government employees may get their monthly PF and gratuity contribution changed from 1st April 2021. This change in Provident Fund (PF) may also impact private sector employees' EPF passbook balance as the new wage code that is likely to get implemented from 1st April 2021.
Mon, Feb 08, 2021
EPFO latest news: The development holds significance as many employees in the past have complained that their former employer was not co-operating or updating exit date, leaving Employees’ Provident Fund Organisation subscribers harried.
Sat, Feb 06, 2021
Income Tax new rules: Finance Minister Nirmala Sithraman presented her third Union Budget on February 1, 2021. She made several announcements that can have impact on how we file our Income Tax return from April 1.
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