Provident Fund
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EPFO Provident Fund withdrawals through ATMs: How does it work and what should you expect?
Personal Finance | Dec 12, 2024, 01:01 PM ISTStarting in 2025, EPFO subscribers can withdraw their provident fund (PF) directly from ATMs. Know how this seamless feature works, its benefits, and the Ministry of Labour’s plans to modernise social security in India.
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Provident fund big update: You can withdraw PF directly from ATMs starting next year
Business | Dec 11, 2024, 05:38 PM ISTProvident fund big update: The Labour Ministry said it is upgrading its IT systems to enhance services to the country's massive workforce.
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Good news for EPFO subscribers: You will withdraw PF money with ATMS cards by this date
Business | Dec 02, 2024, 06:08 PM ISTReports suggest that the Union Labour Ministry is considering increasing employees’ pension contributions and issuing an ATM card, similar to a debit card, that will allow them to withdraw money directly from ATMs in the future.
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EPFO: How to check whether interest credited in PF account or not? Follow THESE steps
Personal Finance | Nov 24, 2024, 11:44 PM ISTThere are many ways to check whether the interest amount has been credited in the PF account or not. The account holders can check the details by logging onto EPFO portal, UMANG app. They can also use missed call service and messaging service to know details.
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EPF missed call service: Easy way to check your PF balance instantly without UAN Number
Business | Nov 07, 2024, 12:16 PM ISTPF balance: Don't remember your UAN number, but want to know your PF balance, no need to worry. Try this EPF missed call service to check your balance instantly without UAN Number.
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Want to withdraw money from your Provident Fund online | Know step-by-step process
Business | Sep 11, 2024, 09:54 AM ISTEPFO provides the option to withdraw funds online. Here’s what you need to know about the steps for online Provident Fund (PF) withdrawal, required documents, and other details.
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Financial changes effective April 1: What you need to know
Personal Finance | Apr 01, 2024, 07:10 AM ISTFinancial Changes Effective April 1, FY 2024-25As the financial year 2023-24 draws to a close, significant financial amendments are poised to reshape personal finance from April 1, marking the beginning of the new fiscal year.
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How many times one can make changes in their EPF account? Know full details HERE
Business | Mar 20, 2024, 02:12 PM ISTEPF account: There are total of 11 parameters which can be changed by an employee during his or her employment in their Employees’ Provident Fund account details.
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EPFO hikes interest rate to 8.25 per cent on employees' provident fund, highest in three years
Business | Feb 10, 2024, 12:55 PM ISTThe EPFO's apex decision making body Central Board of Trustees (CBT) has decided to provide 8.25 per cent rate of interest on EPF for 2023-24 at its meeting on Saturday, a source said.
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PF Diwali Gift 2023: Govt begins crediting interest to employees, check details here
Personal Finance | Nov 10, 2023, 02:45 PM ISTThe EPFO said that although a several customers have had interest credited to their accounts, it might take some time for it to show up in their bank accounts.
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Provident Fund alert: EPFO to transfer money to more than 7 crore subscribers
Business | Aug 09, 2023, 01:59 PM ISTThe central government approved in July this year raising the interest rate on Employees Provident Fund (EPF) deposits to 8.15% for the financial year 2022–23.
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EPFO fixes 8.15% interest rate on employees' provident fund for fiscal 2022-23
Business | Mar 28, 2023, 11:47 AM ISTThe EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1% for its about five crore subscribers, from 8.5% in 2020-21.
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EPFO mulls increasing equity exposure limit to 25% days after cut in interest rate
Business | Jun 07, 2022, 08:58 AM ISTEPF Interest Rate: It was in 2015 when the EPFO was first allowed to start investing in equities, but with a limit.
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EPFO cuts interest rate to 8.1% from 8.5% for 2021-22 on EPF deposits
Business | Mar 12, 2022, 02:36 PM ISTThe Employees' Provident Fund Organisation's (EPFO's) apex decision making body Central Board of Trustees has decided to provide 8.1 per cent rate of interest on Employees Provident Fund (EPF) for 2021-22 in its meeting held on Saturday, sources said.
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EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage
Business | Feb 20, 2022, 12:43 PM ISTAt present, all those employees in the organised sector whose basic wage (basic pay plus dearness allowance) is up to Rs 15,000 per month at the time of joining service are mandatorily covered under EPS-95.
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EPFO to take call on interest rate for 2021-22 in March
Business | Feb 13, 2022, 01:50 PM ISTAsked whether EPFO would maintain the 8.5 per cent interest rate for 2021-22 as decided for 2020-21, Yadav, who also heads the CBT, said the decision would be taken on the basis of income projection for the financial year.
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UP PF Scam: CBI seeks sanction to probe Union power secretary, agriculture secretary
India | Feb 06, 2022, 02:33 PM ISTThe Union power secretary Alok Kumar and agriculture secretary Sanjay Agarwal may soon be repatriated to their cadre state Uttar Pradesh where the CBI has sought sanction to investigate them in a Rs 2,268 crore PF scam, as per media reports.
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EPFO adds 14.81 lakh net subscribers in August
Business | Oct 20, 2021, 08:54 PM ISTOf the total 14.81 lakh net subscribers, around 9.19 lakh new members have come under the social security ambit of EPFO for the first time.
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EPF contribution of over Rs 2.5 lakh now requires 2 PF accounts
Business | Sep 05, 2021, 04:42 PM ISTPeople with Employees' Provident Fund and Voluntary Provident Fund (VPF) contribution of over Rs 2.5 lakh per financial year will now have two separate PF accounts.
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New Provident Fund Tax rules come into effect: Here's what will change now
Business | Sep 02, 2021, 04:28 PM ISTPF Income Tax Section, PF Interest Taxable: PF accounts will be split into two separate accounts. Tax will be collected from employees' contributions exceeding Rs 2.5 lakh per year in the taxable account.