PF Registration

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

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

EPF Withdrawal: You Can Take PF Loan For Covid Treatment

EPF Withdrawal You Can Take PF Loan For Covid Treatment

The second wave of the corona is more impactful than the first one and it created havoc among the people. Even the public is getting panicked because of the inflation in the medical sector, there is a shortage of oxygen cylinders and some states are running lack of remdesivir medicine. Also, the government has given … Read more

EPFO net new enrolments grow in February 2021

EPFO net new enrolments grow in February 2021

In India, various EPFO schemes are very prominent. As a result,  EPFO net new enrolments grow. According to EPFO info, there has been an upward trend with the addition of 12.37 lakh gross subscribers in February 2021. In this article, we will look at this update in detail. In addition, we will also understand EPF, EPF … Read more

You need to know about EPF before Switching Job!

You need to know about EPF before Switching Job.

Switching jobs is a good thing to do, but it can be scary too. There are a lot of things to consider before making the big jump. For example, you need to know about EPF and transfer EPF (Employer funded Pension) PF to a new employer account. In this article, we will read about EPF, … Read more

Finance Ministry defends EPF’s tax-free thresholds

Finance Ministry defends EPF’s tax-free threshold

The Finance Ministry defends EPF’s tax-free thresholds enabling government employees to have a tax-free threshold. This limit or threshold is 5 lakh for Provident Fund contributions. However, for private-sector jobs, employees having investments above 2.5 lakhs in PPF will be under taxation. This taxation system will begin this year. Therefore, In this article, we will … Read more