PF account | Zee News

Advertisement

PF account News

21 Apr 2022

PF benefits: Salaried person must know about these 5 things offered by PF fund

PF account benefits. Insurance scheme for a/c holders. Pension for subscribers.

28 Mar 2022

PF account holders alert! New rules to come from April 1; Know details

Interest on EPF was totally tax-free prior to Budget 2021. Finance Minister Nirmala Sitharaman proposed in her budget address for 2021-22 that PF payments of more beyond Rs 2.5 lakh per year be taxed. EPF payments over Rs 2.5 lakh per year would be taxed, according to a notification published on August 31.

02 Feb 2022

Big news for employees! EPF money will be tax free, check details here

Currently, 8.50 percent interest is being paid on EPF investments. If no withdrawals from your PF account have been made prior to retirement, you will be eligible for a pension (EPS-Pension).

17 Dec 2021

PF Account Holders Alert! Here’s how to transfer PF balance

You'll need an active UAN number and password to transfer your previous EPF balance to the new account. It should also be remembered that all forms of information, such as bank account numbers, cell phone numbers, and Aadhaar numbers, should be updated in your UAN number.

12 Dec 2021

Have a Provident Fund account? Do THIS by December 31 or lose benefits

The deadline for adding the nominee is December 31, 2021. Failure to add a nominee to your PF account by the necessary date can result in a variety of problems, including the loss of benefits such as insurance money and pension. The nomination is intended to give protection to the dependents of PF account holders.

21 Nov 2021

PF account holders Alert! Now you don’t have to transfer your PF

The EPFO Board of Trustees adopted a centralised IT system of PF account. When an employee changes jobs, the PF account number remains intact, and the employee does not have to worry about PF account transfer. After quitting a job, the PF holder is required to file documentation at both the former and new employers.

31 Oct 2021

PF Update: EPFO warns PF account holders against online frauds

EPFO stated that it never requests personal information such as Aadhaar, PAN, UAN, Bank Account, or OTP over the phone, WhatsApp, or social media. The EPFO encouraged PF account holders not to reply to calls demanding personal information, stating that it never requires them to deposit money in order to use its services. By disclosing personal information, hackers may be able to get access to your EPF account and jeopardise its security.

24 Oct 2021

EPFO: Here’s how to check EPF balance online

For the fiscal year 2020-2021, the government has transferred interest at an 8.5 percent rate. This additional money credited to PF account holders will be especially valuable in the event of a medical emergency. This money is intended for large-ticket purchases such as a home, automobile, or education, as well as retirement.

17 Aug 2021

Mumbai EPFO staff siphoned off over Rs 21 crore during COVID-19 pandemic

The fraudulent transactions were done between March 2020 and June 2021. The total amount withdrawn from PF is Rs 21.5 crore. This money was fraudulently withdrawn from the pooled fund of EPFO.

27 Jul 2021

Want to withdraw money from PF account? Here’s how to avoid THESE mistakes

It also comes in handy in case of emergencies as a certain percentage of the amount can always be taken out from the PF account. EPF account yields a return of 8.5% annually. Anyone with a PF account unemployed for a month or more can get a non-refundable advance of up to 75% of the amount available in their PF account.

10 Jun 2021

5 benefits of PF account that every salaried person must know

PF account benefits. Insurance scheme for a/c holders. Pension for subscribers.

04 Jun 2021

Looking for PF withdrawal? Here’s how to avoid TDS deduction

EPFO allows withdrawal of PF before retirement but if you want to get the money before 5 years of account opening, then TDS (Tax Deduction at Source) is applied on the withdrawal amount. The PF withdrawal rules clearly state that if the EPF/PF account is attached with PAN, the TDS deduction rates stand at 10 percent while in the case of EPF accounts without PAN, the TDS rate stands at 20 percent. PF account holders can avoid TDS deduction while taking out money before five years of account opening.

02 Jun 2021

Big bonanza for 6 crore PF subscribers, 8.5% interest to be credited in July

8.5 percent interest for FY21. PF Subscribers to get amount in July. Labour Ministry reportedly given go-ahead.

01 Jun 2021

Good news for PF subscribers! 8.5 % interest to be credited on THIS date

As per sources, the Labour Ministry had given a go-ahead to the proposal in this regard and interest will be credited into beneficiaries account by July end itself. Last year, the PF subscribers waited for around 8 to 10 months to get their interest rate. Previously, the Employees Provident Fund Organisation had kept the interest rate unchanged at 8.5 percent. Besides, the EPFO had asked employees to withdraw more money amid the second wave of the COVID-19 pandemic.

01 Jan 2021

EPFO starts crediting 8.5% interest for 2019-20

Employees’ Provident Fund Organisation (EPFO) on Thursday said that it has begun crediting an 8.5 per cent rate of interest on employees’ provident fund (EPF) for 2019-20 for its over six crore members. Watch Full Video for More Information.

Public Provident Fund

14 Dec 2020

These benefits not available for inactive PPF account. Know how to re-open it

PPF is a 15-year investment scheme. You can take PPF Loan in case of emergency. How your PPF account shall become discontinued.

Public Provident Fund

24 Nov 2020

Has your PPF account expired? Here is how to revive expired PPF account

PPF is a 15-year investment scheme. You can take PPF Loan in case of emergency. How your PPF account shall become discontinued.

Public Provident Fund

04 Nov 2020

Want to take loan against PPF account? Know conditions for taking loan

Take PPF Loan in case of emergency. T&C for availing Loan facility on PPF account. PPF is a 15-year investment scheme.

Employees' Provident Fund Organisation

24 Nov 2017

EPFO approves proposal to credit ETF units to PF accounts

EPFO subscribers would be able to see ETF units in their PF accounts by March- end next year.

14 Aug 2017

EPFO has received Aadhar details of 1.8 crore members: official

The members whose Aadhar details have been verified are getting the facility of online transactions in the PF account, he told reporters.

Loading...