epf

EPF Holders Likely To Get 8.5% Interest On PF Balance

EPF Holders Likely To Get 8.5% Interest On PF Balance

Employees enrolled in the EPFO (Employees’ Provident Fund Organization) would be delighted to know that the EPFO has acknowledged that the EPF holders likely to get 8.5% interest on PF balance. EPF Holders Likely To Get 8.5% Interest On PF Balance By the end of July 2021, the Provident Fund Regulatory Authority is expected to … Read more

EPF Withdrawal Becomes Taxable Before 5 Years Of Service

EPF Withdrawal Becomes Taxable Before 5 Years Of Service

Employee Provident Fund (EPF) is a retirement-oriented program for salaried employees backed by the government but now the EPF Withdrawal becomes taxable. Income tax has the effect of influencing contribution amounts, interest, and the ability to take out one’s balance. Concerning the additional tax on early-withdrawal EPF, employees consider it much more important when they … Read more

How To Get an Online EPF Registration Certificate?

How To Get an Online EPF Registration Certificate

EPF stands for Employees provident funds, which is one of the social security schemes for employees. EPF helps employees save a small portion of their salary every month, and later on, it can fulfill their financial needs. Moreover, it serves as a retirement fund for employees that comes under the Miscellaneous Provisions Act 1952. In this … Read more

Govt announced benefits for families of Covid-hit EPFO, ESIC members

Govt announced benefits for families of Covid-hit EPFO, ESIC members

Govt announced benefits for families of Covid-hit EPFO, ESIC members and it includes pensions for dependents of insured persons with Employees’ State Insurance Corporation (ESIC). The government has also announced a hike in the maximum sum provided under the group insurance scheme. Employees’ Deposit Linked Insurance Scheme (EDLI) that is run by EPFO from 6 … Read more

EPFO to allow second Covid 19 Advance Withdrawal

EPFO allows second advance withdrawal due to COVID 19 Emergency

The labor department has declared that EPFO to allow second Covid 19 advance withdrawal from their EPF accounts to meet the Covid 19 regarding financial emergencies. In the earlier days, only a one-time advance was accessible for members of EPF. The provision to extract cash from EPF accounts was first introduced the previous year in … Read more

India Inc gets relief through ESIC, EPFO

India Inc gets relief through ESIC, EPFO

India Inc gets relief through ESIC, EPFO is another excellent news for everyone in the formal sector in India. This relief is available as India is still fighting with Coronavirus in its second wave. Almost every part of the nation is under lockdown. Therefore, the pandemic shut businesses down and caused many problems to India … Read more