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.
Thu, Jun 25, 2020
EPF Withdrawal: The EPFO is offering Employees' Provident Fund (EPF) account holders to cope with the financial heat caused during the COVID-19 pandemic enforced lockdown.
Tue, Jun 23, 2020
EPF or Employees Provident Fund is one of the smartest investment options. It allows salaried class to save money and earn a big interest rate without having to put in an extra effort.
Fri, Jun 12, 2020
In recognition of need to bring service delivery closer to the door steps of EPS pensioners, especially during the challenging times of COVID -19 Pandemic, the Employees' Provident Fund Organisation (EPFO) has proactively partnered with Common Service Centre (CSC) to provide facility to submit Di
Wed, Jun 10, 2020
EPF Withdrawal Rules Online: Employees' Provident Fund Organization (EPFO) is helping the Employees' Provident Fund (EPF) account holders to meet their money needs during the lockdown.
EPFO Alert: Retirement fund body Employees' Provident Fund Organisation (EPFO) has settled 36.02 lakh claims and disbursed Rs 11,540 crore to its members during lockdown in the last two months.
Sat, Jun 06, 2020
Employees Provident Fund Organisation (EPFO) subscribers will get a loyalty-cum-life benefit of up to Rs 50,000. This EPFO benefit will be given at the time of retirement in lieu of contributing to the PF scheme for 20 years or more.
Wed, Jun 03, 2020
Employees' Provident Fund Organisation (EPFO) has updated the Know Your Customer (KYC) data for its 52.62 lakh subscribers in the month of April and May 2020.
Ministry of Finance has said that 16.1 lakh Employees' Provident Fund Organisation (EPFO) members have availed the given benefit of online withdrawal of non-refundable advance from EPFO account.
Thu, May 28, 2020
EPFO provides life coverage of up to Rs 6 lakh to an EPF account holder in case of death during service period. The life coverage is given to the EPF account holder under the EDLI 1976 rules.
Mon, May 25, 2020
EPF calculator 2020: One of the major announcements made by Finance Minister Nirmala Sitharaman as part of her Rs 20 cr economic relief package, was the option to go for a reduced EPF rate.
Tue, May 19, 2020
In a big relief, the government announced reduction of Employees’ Provident Fund (EPF) contribution for both employers and employees to 10 percent of basic wages for next three months – June, July and August. This move, government said, will increase cash in the hands of employees.
Fri, May 15, 2020
Employees' Provident Fund Organisation (EPFO) has eased norms for establishments covered under EPF and MP Act on delay in deposits.
Thu, May 14, 2020
Employees' Provident Fund Organisation (EPFO) has good news for those EPS pensioners who have completed 15 years of their retirement by April 2020.
Wed, May 13, 2020
PF Withdrawal: On Provident Fund investments, income taxpayer is given tax exemption on investment, interest earned and the maturity amount.
The government has announced several measures for employees on Wednesday evening giving them some relief during the coronavirus crisis. Probably, the most important announcement came in the form of benefits announced for members of Employees' Provident Fund (EPF).
Giving a major relief to both employees as well as employers, Finance Minister Nirmala Sitharaman on Wednesday announced that the government will continue to contribute towards Employees' Provident Fund (EPF) on behalf of select businesses for another three months.
PF Balance Check: EPFO is offering ‘Short Code SMS Service’, which an EPF or PF account holder can use any time to know one's provident fund balance.
The coronavirus outbreak has put a lot of people in a tricky spot. Several companies have been forced to put salaries on hold while those who were self-employed have no source of income left with most businesses shut during lockdown.
Fri, May 08, 2020
EPFO rules say, an EPF account holder is eligible for up to Rs 50,000 on retirement along with other EPF benefits provided he or she has contributed into for at least 20 years.
Thu, May 07, 2020
EPFO Alert: The Employees' Provident Fund Organisation (EPFO) gives free life cover to the Provident Fund (PF) account holders. Each and every EPFO subscriber is insured free of cost under EDLI 1976 rules.
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