In India, a significant proportion of the population is employed, with many individuals working in the private sector. The government permits investments through the Employee Provident Fund to ensure financial security for employees after retirement. This scheme requires employees and the company to make equal monthly contributions. Mistakes made during PF data entry can lead … Read more
The central government is likely to announce good news for wage earners soon. Reports indicate that the Employees’ Provident Fund Organisation (EPFO) plans to increase the wage limit. The EPFO maximum wage limit is Rs. 15,000, but it may be raised to Rs. 21,000. The government intends to decide on this matter and announce it … Read more
EPFO e-Nomination is a facility provided by the EPFO in India for its members to nominate their family members or dependents who will receive the benefits of their PF account in case of their unfortunate demise. E-nomination allows members to nominate their family members or dependents online, eliminating the need to submit forms physically. To avail … Read more
EPF Pensioner can check your Pension Payment Order Details at the PPO Enquiry Portal of Employees’ Provident Fund Organisation by using your PPO number and Date of Birth. As an employee who has contributed to the Employees’ Provident Fund (EPF), you are entitled to a monthly pension after you retire. This pension is paid out … Read more
The UAN number is an important identification number for employees enrolled in the EPFO scheme. EPF subscribers can check or get their UAN Number from https://www.epfindia.gov.in. UAN stands for Universal Account Number. UAN will act as an umbrella for the multiple Member IDs allotted to an individual by different establishments. UAN enables the linking of … Read more
The EPF Passbook 2024 is an important document that allows you to keep track of your retirement savings. EPF subscribers can download a passbook and check their EPF transactions from epfindia.gov.in. Are you looking for information about the EPF Passbook for the year 2024? In this page, we’ll cover everything you need to know about … Read more
Employees are expected to receive good news soon, as a proposal to raise the Provident Fund account contribution from Rs. 15,000 to Rs. 21,000 has reached the Union Finance Ministry. This long-demanded proposal is likely to be positively considered. If it is approved, the maximum pension for employees working in the organized sector will be … Read more
EPF Subscribers can download the UAN Card 2024 from the Employees Provident Fund Organisation website: https://www.epfindia.gov.in/. It will serve as a single source of identity proof for all government and non-government services. The Universal Account Number (UAN) is a unique 12-digit number assigned to every employee enrolled under India’s Employee Provident Fund (EPF). The UAN … Read more
Many investment options are available, and retirement plans have gained popularity. In the past, retirement planning was primarily accessible to government employees, but various government schemes now cater to ordinary workers’ needs as well. In India, popular options for building a retirement corpus include the Employees’ Provident Fund (EPF), Public Provident Fund (PPF), and Systematic … Read more
All employees in India have PF accounts (Provident Fund Account) managed by the Employees’ Provident Fund Organization (EPFO). Every month, 12% of the employee’s salary is deposited into the PF account, and the company management also deposits the same amount into the employee’s account. The central government provides interest on the amount deposited in the … Read more