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EPFO: Withdrawing money from your PF account is very easy. Learn the complete step-by-step process here.

Pravesh Maurya — Mon, 03 Nov 2025 09:36:18 +0000

EPFO: Members of the Employees’ Provident Fund Organization (EPFO) can easily withdraw the entire amount from their PF account. The rules for partial withdrawals have also been simplified. Withdrawals are now allowed after 12 months of service.

EPFO: Employed individuals will now be able to withdraw the full amount from their PF accounts. However, there will be a requirement to maintain a minimum balance of 25%. This means that you will be able to withdraw 75% of your PF account easily. Withdrawing from your EPF will now be easier than ever. It’s also a relief that you won’t need to provide a reason for withdrawing 75% of your funds. In cases of natural disasters, pandemics, job loss (unemployment), and other such special circumstances, you will be able to withdraw funds without providing a reason.

To further modernize its services, the EPFO has approved the “EPFO 3.0” digital transformation framework, which will include features such as cloud-based technology, mobile apps, and automatic claim settlement.

100% Withdrawal Facility
EPFO has eliminated 13 previous, onerous rules and now allows partial withdrawals in only three categories: essential needs (illness, education, marriage), housing needs (house-related expenses), and special circumstances. Members will now be able to withdraw the entire balance in their PF account (including both employee and employer portions). Previously, only three withdrawals were allowed for education and marriage, but now 10 withdrawals can be made for education and five for marriage.

Additionally, the minimum service period, which previously varied for different requirements, has been reduced to 12 months. The most significant change is that employees can now withdraw up to 100% of the balance in their account, including both the employee and employer contributions.

25% minimum balance required
EPFO has also ensured that members always maintain a minimum balance of 25% in their accounts. This will ensure that members continue to benefit from an interest rate of 8.25% and compound interest, which will help them build a substantial retirement corpus.

Withdrawals without explanation
Previously, in special circumstances (such as natural disasters, unemployment, or pandemics), a reason had to be given for withdrawals. Claims were often rejected in these circumstances. Now, this hassle has been eliminated. Members will be able to withdraw money without explanation under special circumstances.

How to withdraw money from EPF online?
These conditions must be met for online EPF withdrawals:

1. The UAN must be active and the registered mobile number must be working.

2. The UAN must have KYC (Aadhaar, PAN, bank details, and IFSC) linked to it.

3. If these conditions are met, employer verification is not required.

Steps to withdraw EPF on the UAN portal

1. Go to the UAN portal. Login with your UAN and password, enter the captcha, and click “Sign In.”

2. Go to Manage > KYC and verify your Aadhaar, PAN, and bank details.

3. Select Online Services > Claim (Form-31, 19, 10C, and 10D).

4. Enter your bank account number and verify.

5. Click “Yes” and sign the certificate of undertaking.

6. Click on “Proceed for Online Claim.”

7. Select the withdrawal type in the “I Want To Apply For” section:

Full EPF settlement

Partial PF withdrawal

Pension withdrawal

8. Fill out the form and click “Submit Certificates.” Upload scanned documents if required.

9. After your claim is verified, the money will be credited to your account.

Credit Card Money Transfer : How to transfer money from a credit card to a bank account? Learn the step-by-step process here.

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Big relief to central employees: EPFO doubles the death relief fund, families will get help of Rs 15 lakh

Pravesh Maurya — Thu, 21 Aug 2025 10:00:17 +0000

EPFO Rule change 2025: Most of the employees working in India have a PF account, which is managed by EPFO i.e. Employees Provident Fund Organisation. Now EPFO has taken an important decision for its employees and their families, which will provide great help to the family members in difficult times.

Now death relief fund will be Rs 15 lakh

Earlier, only Rs 8.8 lakh was available under the Death Relief Fund (EPFO Death Relief Fund), now it has been increased to Rs 15 lakh. This new rule has come into effect from April 1, 2025. That is, if a member dies after this date, the family will get Rs 15 lakh directly. This amount will be given to the nominated member or legal heir of the employee from the Staff Welfare Fund.

5% increase every year

Not only this, EPFO has also clarified that this amount will increase by 5 percent every year from April 1, 2026. This means that families will be able to get more financial support in the coming years.

Making death claims is now easy

EPFO has also simplified the process related to claims. If money is to be transferred to the account of minor children, then there will be no need for a Guardianship Certificate. This means that the family will not have to face the same difficulties in claim settlement (EPFO Simplifies Claim Settlement Process).

Linking Aadhaar with UAN will be hassle free

Many employees are still unable to link their Aadhaar with UAN or Aadhaar needs correction. For such cases, EPFO has simplified the process of joint declaration so that members can update or link Aadhaar details without any hassle.

Why is this decision important for employees?

This move of EPFO is a big relief for those families who face financial difficulties after losing their member. Now not only has the compensation amount increased but it will also increase every year. Along with this, processes like claim and Aadhar link have also become easier, so that employees and their families can get timely help.

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EPFO Rules Changed: Easier Access to Your PF Money – Here’s the New Withdrawal Limit

Pravesh Maurya — Tue, 29 Jul 2025 19:03:41 +0000

EPFO Rules Changed: Now more money can be withdrawn from PF account to buy a house than before. Know how much money a PF account holder can withdraw from his PF account now?

Almost all the employed people in India have PF accounts. In which a part of the salary is deposited every month in PF i.e. Provident Fund. This money is for your future security. In which apart from you, your company also contributes.

A good amount of interest is also received on the amount deposited in the PF account. This account also works as a savings account. You can withdraw the amount deposited in it anytime as per the need for various purposes.

If there is a medical emergency in your life. Or you need money for children’s education. Or you have to build a house. Then you can withdraw money from the PF account for this. Now EPFO has changed the rules for this and has given a lot of convenience to PF account holders.

90% of the PF fund can be withdrawn for needs like buying or constructing a house or paying down payment and EMI. Earlier, a minimum of 5 years of job was required for this. But now this money can be withdrawn only after 3 years.

But there is an important condition in this. Let us tell you that you can use the PF advance withdrawal option only once. That means it is necessary to take a decision after thinking well. Apart from this, two more changes have been made by EPFO. In which, in case of emergency, an advance of up to one lakh rupees can be withdrawn immediately.

This will make it easier to get money in situations like medical or personal emergency. Apart from this, EPFO has also said that soon PF funds can be withdrawn from UPI and ATM as well. This will make the process faster.

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PF Nominee: Have you added a nominee to your PF account? Know how here

Jyoti — Thu, 15 May 2025 10:47:40 +0000

PF Nominee Add Process: People who are employed get the facility of one more thing apart from salary and that is PF account. Actually, Employees Provident Fund Organization i.e.

EPFO is a unit of Government of India and EPFO looks after everything related to PF. Every month a fixed amount is deducted from the salary of those who work and deposited in their PF account. The company also deposits the same amount in the PF account of the employee. Interest is also given on this money.

At the same time, if you have not added a nominee to your PF account yet, then definitely add it. Many people forget this work, but it is important. So let’s know how you can add a nominee to your PF account. In the next slides you can know the complete process of adding a nominee…

You can add a nominee in this way:-

Step 1

If you have not yet added a nominee to your PF account, then do so, the process of which is also very easy
To add a nominee, you first have to visit the official portal of EPFO unifiedportal-mem.epfindia.gov.in/memberinterface
You have to login to the portal

Step 2

You have to login to the portal and for this you have to first enter the UAN number and then enter the password
You will also see a captcha code on the screen, enter it
After this, an OTP will be sent to the registered mobile number and login by entering it.

Step 3

Now that you have logged in, you will see several sections on the portal, out of which you have to go to the ‘Manage’ section
After this, you have to click on the option of ‘e-nomination’.
Then you have to go to the ‘Provide Details’ tab and click on ‘Save’ here.

Step 4

Now you have to click on ‘Yes’ to update the family declaration
Then you have to click on ‘Add Family Details’
After that click on ‘Nomination Details’ and fill in the nominee
Now click on ‘Save EPF Nomination’ and then select the ‘e-Sign’ option
Finally, an OTP will be sent to your registered mobile number, fill it and click on submit and then your nominee will be added.

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PF Account: Delink wrong member ID from UAN with this simple step-by-step guide.

Jyoti — Mon, 31 Mar 2025 10:28:07 +0000

The Employees’ Provident Fund Organisation (EPFO) provides a Universal Account Number (UAN) to every PF account holder, through which they can view all their PF related information, but if for some reason the wrong member ID is linked to UAN, it can create problems.

Now EPFO has started a new facility, through which members can delink the wrong member ID themselves. For this, first login to the EPFO member portal. Go to service history and select the wrong member ID and click on the delink option. For verification, an OTP will be sent to the mobile number linked to Aadhaar, after entering which the member ID will be delinked.

Delink wrong member ID from UAN with this simple step-by-step guide.

#UAN #MemberID #EPFOwithYou #HumHainNaa #EPFO #EPF #ईपीएफओ #ईपीएफ #epf pic.twitter.com/iJsvytO8aH

— EPFO (@socialepfo) February 17, 2025

How to properly delink member id?

If the contribution has been made by the employer on the wrong ID, then the member will not be able to delink it himself. In such a situation, the concerned employer or EPFO office will have to be contacted. This new facility of EPFO gives account holders more control over their account, so that mistakes can be easily corrected.

How to delink someone else’s ID linked to UAN

First of all login to the Unified Members Portal and submit the OTP.
After this go to the View menu option and select Service History.
Go into it and find the wrong ID linked to your UAN and click on delink.
Click on OK for confirmation.
Go to the next page and select the reason for delinking.
Now two Consent boxes will appear, on clicking which an OTP will be sent to the mobile number linked to your Aadhaar.
After this, submit that OTP. Now the delinked ID will not be visible in your service history.

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EPFO Claim Disbursal: Money deposited in PF account will be visible on UPI app, claim disbursement will also be quick

Jyoti — Wed, 26 Mar 2025 05:58:38 +0000

Now the money deposited in the PF account will be visible on the UPI app itself. Not only this, on claiming, the money will come to your account immediately from UPI. The Employees Provident Fund Organization (EPFO) is taking steps in this direction.

Labor and Employment Ministry Secretary Sumita Dawra said on Monday that UPI is being integrated in the processing of claims. Once the UPI integration process is completed, the money will come to the claimant’s account with one click. Talking about this, Dawra said that currently EPFO has around 7.5 crore active members who are maintaining their PF accounts and also putting money in the pension fund. The Labor Secretary emphasized that EPFO has established a centralized database for the first time. He said, ‘Our next step is to connect UPI to the system. We have received suggestions from the National Payments Corporation of India (NPCI) and we have sent the proposal of UPI integration to EPFO for consideration.’

EPFO has taken several steps

Dawra said that EPFO is moving fast from digitization to automation for the convenience of members and many major works have been completed. He said, ‘We have done a lot of work in this regard. Claims up to Rs 1 lakh have been automated. At the same time, customers have also been given the facility to correct mistakes themselves. Also, unnecessary processes have also been removed. Apart from these, we have integrated the database due to which the claim processing time has come down to just three days.’

Our next step is to integrate UPI into the system. We have received suggestions
 from the National Payments Corporation of India (NPCI) and have sent the
 proposal for UPI integration to EPFO for its consideration. -Sumita Dawra, 
Secretary, Ministry of Employment and Labour

Claim disbursal from UPI expected to start by June

Regarding UPI integration, he expressed hope that UPI payments will start by June. Dwara said that after necessary testing, by the end of May, EPFO will be able to use UPI for disbursement of claims. This will benefit all members as they will be able to see EPFO accounts on the UPI interface itself and will be able to make auto claims from there. If the members meet the criteria, their claim approval process will also be completed quickly. This will ensure immediate transfer of money to their accounts. Dwara said that it will take two to three weeks for the centralized database to be up and running. After that, the work of UPI integration will begin.

The Ministry of Labor and Employment is also engaged in making arrangements to ensure that pension money is easily available. Dawra said, ‘There are currently 78 lakh pensioners in EPFO. Earlier, pension money was given only through a few banks. Last year, we sought advice from the Reserve Bank (RBI) and now we have implemented the centralized pension system. Now people are withdrawing pension from any bank.’

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PF Withdrawal Rules: Can you withdraw money twice from your PF account for wedding expenses?

Jyoti — Sat, 15 Mar 2025 10:40:21 +0000

Provident Fund, a social security scheme run by EPFO, creates a retirement fund which helps you financially in case of emergency. PF account also gives you the facility of partial withdrawal. Through this, you can withdraw money from the money deposited in it for many purposes. For example, if you have to pay the loan amount, then you can withdraw money from PF for this also. But many types of rules have also been made regarding this.

can withdraw money

This also includes how many times you can withdraw money for what reason. If you also want to withdraw money from PF, then you should also know about some conditions. If you are getting married and you need to withdraw money many times, can you withdraw money? Let us tell you about this in detail.

PF Subscribers

PF subscribers are also eligible for partial withdrawal after completing a period. For example, if you want to build a house with EPFO money, repay a loan or for treatment of special diseases or for the marriage of a family member, then you are allowed partial withdrawal. Apart from this, you can also withdraw money for other reasons.

can withdraw money

For information, let us tell you that even though EPFO gives you the facility of partial withdrawal for many reasons, there are many conditions on it too. For many reasons, you are allowed to withdraw money only once. But in some cases, you get the facility to withdraw money more than once. That is, you can withdraw money more than once for the same work. If you want to withdraw money from PF for the marriage of brother-sister or son-daughter, then you can make partial withdrawal three times. But you can withdraw money only when your PF account has been open for 7 years.

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EPFO is making a big change, PF account will be identified by Aadhaar

Jyoti — Mon, 10 Mar 2025 05:08:22 +0000

EPFO Updates: The Employees’ Provident Fund Organization ( EPFO ) is working on the process of issuing a Universal Account Number (UAN) for its members on a single basis. Its purpose is to simplify the process of withdrawing funds from PF.

This will ensure that there will be no two UAN numbers when an employee leaves the job or gets another job.

UAN was implemented by EPFO with a very ambitious objective. Under this system, a UAN is issued to the employee. If a member leaves one job and joins another, he only has to give his UAN number at the new place. After that the amount of the old PF account is transferred to the new account, but it has been seen that two or more UAN numbers are issued in the name of one member. In such a situation, when the employee applies for PF withdrawal, the system does not know from which account he is claiming the withdrawal of funds. In such a situation, many times the claim gets rejected or the withdrawal takes a lot of time.

If there is already a UAN, a new number will not be issued. The PF account will also be activated on this UAN. If no UAN has been issued on the basis of the employee, then a new number will be issued. This process will start completely in the new system i.e. EPFO 3.0. However, last year the system of Aadhaar based one time password was implemented from the number, but now work is going on to make it more advanced, in which only one UAN can be opened on one Aadhaar. After this, people will not have any problem in withdrawing money from the PF account.

Mistakes occur due to not providing correct information

It has been seen in many cases that when an employee moves from the old company to the new company, the old UAN number is not given or the new company does not ask for it. Such employees are registered as new members on the EPFO portal, due to which the EPFO IT system issues a new UAN. Due to this, two or more UANs are allotted to the employee. Most employees consider this a normal process. But the problem arises when they withdraw from the PF account or make necessary updates in the account. These important works of theirs get stuck because due to having two UAN numbers, the details cannot be matched and verified.

Option to link two or more UANs still available

If an employee has two or more Universal Account Numbers (UAN) linked to his PF account, then he has the option of merging them. According to the rules of the Employees’ Provident Fund Organization (EPFO), a person should have only one UAN at a time. Having two numbers does not benefit from the facilities of EPFO. If an employee is in this situation, then he can avoid many problems by merging both the UANs. For this, application can be made both online and offline.

If you have two UANs…

1. As soon as you come to know about it, inform your employer or EPFO.

2. You can send an email to EPFO mentioning your current and previous UAN.

3. EPFO will verify the issue and the previous UAN will be closed. The current number will be kept active.

4. Make sure that you do not forget to claim to transfer your old blocked EPF account to the new account.

Merge methods

Through online mode

First of all go to the website https://www.epfindia.gov.in/. Login with UAN and password allotted by the current employer.

– Now go to the Services section and click on For Employees. After this a new page will open. Here in Online Services click on One Member – One EPF Account (Transfer Request).

– Enter Member ID (which you want to merge) and UAN. Then click on Get OTP and enter the OTP sent to the registered mobile number. Verify it.

– After accepting the declaration, click on the Submit button. Its information will go to your current employer.

He will have to get the request approved online, after which EPFO will merge your old UAN with the new account.

in offline mode

– Form-13 has to be downloaded from EPFO website and filled.

– In this form, enter the UAN, Member ID, bank account number, IFSC code and address of the first PF account. Also enter the details of the second PF account.

– Get Form-13 signed and stamped by your current employer. Then submit it to the nearest EPFO office.

If you don’t have UAN…

If the old employer has not informed the employee about the UAN, then the employee will have to contact him. Along with this, EPFO will also have to be informed about this. EPFO can seek a reply from the old employer on this.

What to do if you forgot your old UAN

– First of all go to EPFO website https://unifiedportal-mem.epfindia.gov.in/memberinterface/.

– Go to Important Links visible on the right side and click on Know your UAN.

– Enter your registered mobile number and captcha code and click on Request OTP. Now an OTP will come on your mobile number. After entering the OTP and captcha code, click on Validate OTP.

– Now enter your full name, date of birth, Aadhaar or PAN number and captcha code and click on Show My UAN. This will display the UAN number on the screen.

These are the problems

1. If you have two UAN numbers, the balance of all PF accounts is not visible at one place. Apart from this, there can be problems in withdrawing money from the PF account.

2. It can be difficult to transfer funds from the old account to the new account. This process can be long and complicated, which can leave your money stuck.

3. Correct record of service period is not maintained, which may affect pension benefits. According to the rules, correct record of service period is important in calculating pension.

What is UAN

In the new system, EPFO issues Universal Account Number (UAN) on the lines of PAN number. It is a 12-digit unique permanent number, which remains valid for the EPF member for life. It does not change with change of employment. On changing the job, only UAN details have to be given to the new employer, due to which a new PF account is not opened. The old account is transferred to the new employer. UAN number helps in automatic transfer of PF funds and withdrawal of money. Apart from this, by having an active valid UAN, employees can also avail the benefits of Employment Linked Incentive (ELI) scheme.

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PF Account: Do this work related to EPFO by 15th February, otherwise you will suffer loss later

Jyoti — Mon, 10 Feb 2025 04:50:59 +0000

EPFO: EPFO has given relief to the employed and the companies. Employee Provident Fund Organization has extended the deadline for linking Universal Account Number (UAN) and bank account with Aadhaar.

Employees and companies can link UAN and bank account with Aadhaar till 15 February. Employees will now have to link their UAN and bank account with Aadhaar by 15 February at any cost. This deadline has been extended several times. Earlier its last date was 15 January.

Get this work done before 15 February

EPFO has appealed to all eligible members to complete this process by the new deadline i.e. 15 February. So that there is no hindrance in availing the benefits of the scheme. Linking Aadhaar and bank account is necessary to avail the benefits under this scheme. That is, employees, employers and companies have only 5 days. After the employee’s UAN is activated, he can easily avail the online services of EPFO. This includes managing the PF account, viewing and downloading the passbook, applying online for withdrawal, advance or transfer.

It is important for EPFO members to keep their UAN number active till February 15, otherwise PF related work may get stuck. This is a 12 digit number, which remains the same even if you change jobs. PF account can be transferred through this number, employees can complete EPFO related work online. Through this, employees can use facilities like PF transfer, balance check, statement download and application for advance online.

How to activate EPFO

Go to the EPFO website and select the “Active UAN” option. Then enter your UAN, mobile number and date of birth. Fill the captcha and click on Get Authorization PIN. Enter the OTP received on the mobile and verify it. After this your UAN will be activated and you will get a user ID and password.

EPFO’s these 5 New rules of will be Implemented in the New Year, What will be the benefit of these rules

Jyoti — Sat, 28 Dec 2024 09:40:48 +0000

EPFO New Rules 2025: The Employees’ Provident Fund Organisation (EPFO) has announced some major changes in guidelines and policies for its crores of subscribers. Most of these changes are likely to be implemented from the new year. The retirement fund body is preparing to launch many new facilities for its subscribers.

The purpose of these new rules is to provide more convenience to PF account holders and help them manage their retirement funds in a better way. These changes will benefit both private sector employees and government employees. Let us know about these new rules.

5 new rules for PF account (EPFO New Rules 2025):

Facility to withdraw PF money from ATM (withdraw PF money from ATM)

To provide more convenience to the members, EPFO has decided to issue an ATM card which will provide 24/7 fund withdrawal facility to the subscribers. This ATM withdrawal facility is expected to start in the financial year 2025-26.

With the implementation of the new guidelines, subscribers will be able to easily withdraw funds anytime in 24 hours. This will also save a lot of time of the subscribers. Currently, they have to wait for about 7 to 10 days to receive PF money in their bank account.

There may be a change in the employee’s contribution limit

Another big change coming next year is the change in the EPF contribution limit for employees. Currently, employees contribute 12% of their basic salary to the EPF account every month. However, the government is considering allowing employees to contribute based on their actual salary instead of the Rs 15,000 set by the EPFO.

After the implementation of this policy, employees will be able to accumulate a large fund till their retirement and get higher pension every month.

EPFO IT system upgrade

EPFO is upgrading its IT infrastructure, which will allow PF claimants and beneficiaries to easily withdraw their deposits. It is expected that this upgrade will be completed by June 2025. Once the IT infrastructure is upgraded, members’ claims will be settled faster than before. Also, this will increase transparency and reduce cases of fraud.

Facility to invest in equity

EPFO is considering allowing its members to invest in equities. This will give PF account holders the option to manage their funds more effectively. If the retirement fund body allows direct equity investment, members can expect high returns.

Easy pension withdrawal

EPFO is making an important change for pensioners. Under the new rule, pensioners will be able to withdraw their pension from any bank in the country without any additional verification. This step will be very convenient for the members and will also save a lot of their time as they will be able to withdraw their pension from any bank.

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PF Money withdraw Limit at ATM: How much money can you withdraw from PF account through ATM? Know the rules here

Jyoti — Fri, 20 Dec 2024 06:03:05 +0000

PF Account Money Withdraw Through ATM: When a system starts, it has some flaws in it first, which are gradually corrected according to time and need. Also, many things are made very easy by adding technically.

This includes many things, one of which is PF. Yes, recently you must have heard that the Employees Provident Fund Organization i.e. EPFO is going to give a new facility to PF account holders from next year. In this, account holders will be able to withdraw money from their PF account from ATM just like they withdraw from a bank account. But do you know how and how much money can be withdrawn from ATM? Has EPFO made any rules regarding this? So let’s know about this. You can know about this in the next slides…

When will we be able to withdraw money from ATM?

Recently, Union Labor Secretary Sumita Dawra gave information on when PF money will be able to be withdrawn from ATM. It was said that we are updating the hardware regarding this and you will start seeing changes from January 2025. In such a situation, it is believed that PF account holders will be able to withdraw money from ATM from January. However, no fixed time limit has been given for this yet.

How much money can you withdraw from the ATM?

According to the information received so far from the department, initially the account holder will be able to withdraw only 50 percent of the total amount deposited in his PF account from the ATM. However, it is possible that this amount can be increased further. The biggest convenience of withdrawing money from ATM will be that the beneficiaries will not have to wait for many days.

Be sure to know these things:-

After the introduction of the new facility for PF account holders, employees, beneficiaries and nominees will be able to withdraw their PF money from ATM
Initially, you will be able to withdraw only 50 percent of the total amount deposited in your account from the ATM
If someone (PF account holder) dies, then the nominee will be able to withdraw money from the ATM
Under the EDLI scheme, the family of the deceased member will get an insurance of Rs 7 lakh. You will also be able to withdraw that money from the ATM.

PF account holders ALERT! Have you activated your UAN number? If you don’t do it, you may face problems

Jyoti — Wed, 11 Dec 2024 11:01:21 +0000

UAN Number Activation Process : If you are also a job holder, then as per the rules, your PF account must also have been opened by the company? Actually, the Provident Fund Organization Authority i.e.

EPFO is a unit of the Government of India which looks after the arrangements related to PF. From opening your account to depositing money in it, paying interest and withdrawing money, EPFO looks after many other things. In such a situation, if you are also a PF account holder, then it becomes important for you to know why it is necessary to activate the UAN number of your PF account and what problems you may face if you do not get it done. So let’s know about its method. You can know about this in the next slides…

Why is it necessary to get it activated?

If you also have a PF account and you have not activated your UAN number yet, then get it done. If you do not do this, then you may face problems in withdrawing PF money. Without activating it, you will not be able to login with the UAN number. When you have to withdraw money from the PF account, you need the UAN number and password to login. Also, it is most important to activate the UAN number.

This is how PF account holders can activate their UAN number:-

Step 1

If you have not yet activated the UAN number of your PF account, then to get it done, you first have to go to the official website of EPFO unifiedportal-mem.epfindia.gov.in/memberinterface/
Then you will see many options here, out of which you have to click on the option ‘Important Links’

Step 2

Then you will see the option ‘Activate UAN’ here, on which you have to click
Now on clicking on it a new page will open in front of you
Where you have to enter your UAN number or if you want, you can also fill in the member ID here
After this, you have to enter your 12 digit Aadhaar number

Step 3

Then you have to fill your name and date of birth here.
Now enter your 10 digit mobile number here, keep in mind that this number should be linked to your Aadhar card
Then enter the captcha code given on the screen here
Now tick on consent and click on ‘Get Authorization Pin’ after which your UAN number gets activated.

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PF contribution limit: Govt can increase the maximum contribution limit, pension will increase

Jyoti — Tue, 03 Dec 2024 08:03:56 +0000

Pension is a big support after retirement. To get a higher pension, it is necessary to contribute more to the PF account. Currently, the current system allows EPFO members to contribute up to 12% of their salary, out of which 8.33% goes to EPS-95, while 3.67% goes to the EPF account.

However, the Ministry of Labor may increase the maximum contribution limit in the coming time. Higher contribution from the employee in EPS-95 will ensure higher pension.

Consideration on improvement in EPS-95

News agency PTI has quoted an official source as saying that the Ministry of Labor may allow the members of the Employees’ Provident Fund Organization (EPFO) to make higher contributions for higher pension. For this, the ministry is considering making amendments in the Employees’ Pension Scheme 1995 (EPS-95).

A source said that if members contribute more to their EPS-95 account, they will get more pension. Therefore, the ministry is considering options to allow more contribution to EPS.

Under this, employees may also be allowed to contribute to EPS-95 to enhance pension benefits under the revised system.

6 jobs created with ₹1 crore capex

The source said that apart from improving social security benefits, the Narendra Modi government is also focusing on job creation in the country. He said that as per estimates, a capital expenditure of Rs 1 crore creates 3 to 6 jobs.

Apart from this, the source said that major infrastructure projects worth Rs 4.19 lakh crore have been approved and it is estimated that this will create more than 1.26 crore jobs.

How to withdraw EPF money online: A step-by-step guide

Jyoti — Sat, 23 Nov 2024 12:03:19 +0000

How to withdraw money from PF: PF money is deposited for retirement fund and pension. But under certain circumstances, you can make partial and full withdrawal from your PF account.

Before retirement, generally the entire EPF amount can be withdrawn only if you are unemployed for two months or more. Let us know under what circumstances you can make partial withdrawal from PF account and what is its process.

Partial withdrawal can be done under these circumstances

Medical Requirements
marriage of self or child
To pay off home loan
to buy a house
to renovate the house

For most of these partial withdrawals, the EPFO member must be an EPF member for a minimum of five or seven years.

This is the process of partial withdrawal from PF

Step 1. You need to visit the UAN portal and enter your UAN number and password.
Step 2. You will receive an OTP on your mobile number linked to Aadhaar. Enter this OTP and captcha.
Step 3. Your profile page will open. In the upper right part of the web page, you will find the “Online Services” option. Now click on ‘Claim’ from the scroll down options.
Step 4. Now you have to verify the member details by entering the bank account number linked to EPFO.
Step 5. Now a Certificate of Undertaking will be received stating that the claimed amount will be credited to this bank account by EPFO. Now you have to click ‘Yes’ for the terms and conditions.
Step 6. Now you can proceed for online claim. As soon as you click on this option, a section will open, in which you have to enter more details.
Step 7. Here you have to tell your address and also upload some documents like scanned cheque and Form 15G. In this way, the claim will be submitted to withdraw the balance of EPF account.

This is how you can find out your PF account balance

You can also check your PF account balance through SMS. You can also check your EPF account balance and the latest contribution to your account by sending an SMS to 7738299899. For this, you have to type AN EPFOHO ENG from your registered number and send the message. ENG here represents English. If you want to know in another language, then write the first three letters of that language.

EPFO Claims: EPFO records 7.6% increase in members to 7.37 crore. Check details

Jyoti — Mon, 11 Nov 2024 08:29:58 +0000

EPFO Claims: PF is a safe investment for employed people, which gives them financial security in old age. Every month a part of your salary is deducted and goes into the PF account.

The company contributes as much to your PF as you put in PF, on which the government also pays interest. The Employees’ Provident Fund Organization (EPFO) accounts for the PF of employees. According to the latest report, the number of members contributing to EPFO in the financial year 2023-24 has increased by 7.6 percent, which has increased to 7.37 crores. In the financial year 2022-23, the number of EPFO shareholders was 6.85 crores. At the same time, the number of contributing institutions has increased by 6.6 percent to 7.66 lakhs.

What is the meaning of these figures

According to these figures released by the Ministry of Labor, the number of people contributing to EPFO has increased by 7.6 percent in the financial year 2023-24. These figures show that the number of employment and businesses in the formal sector is increasing in India, which provides a better standard of living to the employees.

Settlement of EPFO claims

Recovery of EPFO dues also saw a growth of 55.4 per cent, rising to Rs 5,268 crore from Rs 3,390 crore last year. The number of claims settled has also increased by 7.8 per cent from 4.12 crore to 4.45 crore compared to last year.

Draft Compassionate Appointment Policy, 2024 also discussed

The Executive Committee also discussed the draft of the new Compassionate Appointment Policy, 2024, which aims to provide relief to the dependents and children of many EPFO employees who unfortunately died during service, many of whom died during the Kovid epidemic. Apart from this, the Executive Committee discussed IT, administrative, financial and other related aspects for better governance in EPFO. The government is working on bringing a new centralized pension payment system for EPS pension payments.

EPFO’s rule has changed… You can withdraw one lakh rupees under these circumstances, know details

Jyoti — Fri, 01 Nov 2024 10:01:16 +0000

New Delhi: The Employees Provident Fund Organization (EPFO) has made a big change. PF account holders will now be able to withdraw up to Rs 1 lakh instead of 50 thousand. Union Labor Minister Mansukh Mandaviya announced this earlier this week on the occasion of completion of 100 days of the government.

Mansukh Mandaviya said that if you are an EPFO account holder and there is an emergency in the family, then now you can withdraw more money. He said that the limit of lump sum amount has been increased. Also, the facility of withdrawal has been given within 6 months of starting the job. Earlier PF account holders had to wait a long time. That is, even if they leave the job within 6 months, they will be able to withdraw money from their PF account.

He announced the launch of a new digital infrastructure that simplifies the withdrawal process and allows faster withdrawal of money.

For what needs can you withdraw this fund?

EPFO provides many services to its account holders. It provides the facility to withdraw funds for everything from pension to medical or other important works. As an emergency fund, now it is allowed to withdraw Rs 1 lakh instead of Rs 50,000 from PF, that is, you can withdraw money from PF for medical, marriage, education or other important family needs.

How can you withdraw money from a PF account?

PF account holders can withdraw money from their EPFO account for medical treatment, education or any family emergency.

First of all you have to visit EPFO Member e-Service Portal.
Go to the Members section here.
After this, log in using UAN (Universal Account Number), password and captcha.
After logging in, go to the Online Services tab and select Claim (Form-31, 19, 10C and 10D) from the drop-down menu.
Now before proceeding, verify your personal information like name, date of birth and other details and update the details.
Now select Form 31 for partial withdrawal and mention the reason for withdrawal from the list.
After submitting this, an OTP will come on the mobile number linked to your Aadhaar, enter it.
After submission, you can check your claim status under Track Claim Status option in the Online Services tab.
Usually the money will be transferred to your bank account by EPFO within 7 to 10 working days.

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PF Account Date of Birth Correction Online – Quick step by step guide

Jyoti — Thu, 17 Oct 2024 11:04:46 +0000

PF Account Date Of Birth Correction: Wrong date of birth in PF account can get your claim stuck. With this process, you can correct the date of birth sitting at home.

All the employed people in India have PF accounts. Which is operated by Employee Provident Fund Organization i.e. EPFO. Every month 12% of the salary is deposited in this account.

Apart from the employees, the company also contributes to this PF account. The government gives a good amount of interest on the amount deposited in the PF account. If needed, you can withdraw the money deposited in this account.

It has been seen many times that people register wrong date of birth in their PF account. Due to which there is difficulty in operating the account. And when you withdraw money, then your claim can also get stuck. Therefore it is better to get it corrected.

EPFO has set some rules for changing the date of birth. According to the rules, if your date of birth is wrongly recorded, if you want to get it corrected, then there should be a gap of less than 3 years between the correct date of birth and the previously recorded date of birth.

But if the gap is more than this, then you have to attach supporting documents for this. In which you can attach Aadhar card, school or college certificate, passport, driving license and medical certificate and any document of service record of central or state government.

To change the date of birth

First you have to go to the official website of EPFO unifiedportal-mem.epfindia.gov.in/memberinterface /.
Then you have to go to the ‘Manage’ section and click on the option of ‘Basic Details’.
After this, you will get the option to enter the new date of birth in front of the old date of birth.
Here you have to enter the correct date of birth.
Then click on the check box.
After this, an OTP will come on your registered mobile number, enter it.
Your new date of birth will be updated.

EPFO Rule Change: Now you can withdraw 1 lakh rupees from your PF account, EPFO has changed the rules

Jyoti — Sat, 21 Sep 2024 06:57:43 +0000

EPFO Rule Change The Employees Provident Fund Organization has changed the rule of partial withdrawal from the PF account. Now EPFO members can withdraw up to Rs 1 lakh from the PF account. In this article, we will tell you when partial withdrawal can be made from the PF account and what is the method of claiming for partial withdrawal.

The Employees’ Provident Fund Organization ( EPFO ) is providing many facilities to its members. By investing in EPFO, on one hand, investors can earn huge funds as well as get the benefit of pension. Apart from this, EPFO also allows members to make partial withdrawals. Now EPFO has changed the rules for partial withdrawal (EPFO Rule Change).

EPFO New Rule

EPFO has changed the rules for partial withdrawal. This information was given by Union Labor Minister Mansukh Mandaviya. Mansukh Mandaviya said that the limit of partial withdrawal from PF account has been increased. Now EPFO members can withdraw Rs 1 lakh instead of Rs 50,000 from PF account.

Apart from this, now withdrawal can be done within 6 months of starting the job. Earlier, the member had to wait longer for full withdrawal, but now it is not so. If an employee leaves the job within 6 months, then he can make full withdrawal from the PF account.

Process of withdrawing funds from PF account

Go to EPFO’s e-service portal. Click on the member option here.
After this, log in with the help of UAN, password and captcha.
After logging in, go to ‘Online Services’.
Now choose one of Form-31, 19, 10C and 10D.
After this verify the personal details.
Now select Form 31 and enter the reason for withdrawal.
After this, fill the OTP received on the registered mobile number and submit it.

After submitting the form, go to ‘Online Services’ and track the claim. You can also check the status of the claim from here. Please note that the claim amount is transferred to the bank account by EPFO within 7 to 10 days.

When can I withdraw funds?

You can withdraw money from your PF account in case of medical, marriage, education or any family emergency.

PF Withdrawal Rules: Now PF subscribers can withdraw even before six months, check details

Jyoti — Fri, 20 Sep 2024 06:44:44 +0000

Employees’ Provident Fund Organization (EPFO) subscribers can now withdraw up to ₹ 1 lakh at a time from their PF account for personal needs. Till now this limit was ₹ 50,000.

Union Labor and Employment Minister Mansukh Mandaviya said in a press conference on Tuesday, if you are an EPFO contributor and there is an emergency in the family, then you can now withdraw more amount. The lump sum withdrawal limit has been increased. This initiative of the government will benefit millions of PF account holders.

What changes have been made to the withdrawal conditions?

Informing about the rule changes, Mandaviya said the government has relaxed the rules, allowing people to withdraw within the first six months of a new job. “Earlier, you had to wait a long time, but now, PF contributors can withdraw even in the first six months… it’s their money,” he said. He further said the labour ministry is working to improve EPFO’s operations, introducing a new digital framework and updated guidelines to reduce hassles for subscribers. One important change is that new employees can now withdraw funds without waiting for six months, unlike previous rules that restricted early access.

Also Read: What is the difference between EPF, PPF and GPF account?

Will there be further changes in the Provident Fund rules?

Mandaviya informed that the government is planning to increase the income limit for mandatory provident fund contribution. Currently, salaried employees earning up to Rs 15,000 are required to make the contribution, but this limit is going to increase. The income limit for Employees’ State Insurance, which is currently Rs 21,000, will also be increased. “For employees earning more than Rs 15,000, we are bringing flexibility, which will allow them to choose how much of their income they want to set aside for retirement and pension benefits,” the minister said.

What is the present Provident Fund system?

Under the Employees’ Provident Funds and Miscellaneous Provisions Act 1952, companies with 20 or more employees must contribute to a provident fund. This involves deducting at least 12% of an employee’s salary, with the employer matching the contribution.

Big update for 7 crore users of EPFO, rules regarding PF account changed

Pravesh Maurya — Sat, 03 Aug 2024 09:19:54 +0000

The Employees Provident Fund Organization (EPFO) has introduced a new rule regarding the PF account of employees. This change is for all PF account holders. If you are also a PF account holder, then this rule has been introduced for you.

EPFO has introduced some new rules to correct and update their details in PF accounts. Let us know which rule has been introduced by EPFO?

EPFO has issued a new standard operating procedure (SOP) guideline for correcting personal information such as name, date of birth. Under which SOP version 3.0 has been approved for updating the profile of members. Now after this new rule, documents will have to be submitted for updating or correcting the UAN profile. Also, you can apply by giving a declaration.

EPFO said in its guidelines that it is often seen that many types of mistakes are made, which people have to face great difficulties to correct. This problem occurs due to data not being updated. In such a situation, this guideline has been introduced.

Changes will be made in two categories

According to the new guidelines, under the new instructions, EPFO has divided the changes in the profile into major and minor categories. For minor changes, at least two necessary documents will have to be submitted along with the joint declaration request. At least three necessary documents will have to be submitted for major corrections. In this, field offices have been asked to be more careful in updating the profiles of the members, so that any kind of fraud or tampering can be avoided.

On the other hand, for major changes, at least three necessary documents will have to be submitted. It is important to note that in case of Aadhaar-related changes, Aadhaar card or e-Aadhaar card linked to an active mobile number will suffice as supporting documents.

How many documents for which change

For minor changes a minimum of two documents from the list of documents are required.
For major changes a minimum of three documents from the list of documents are required.
Let us tell you that EPF members have the option to submit a joint declaration for correction through the member e-service portal.

It is important to note that corrections can be made only in the data related to the EPF account being managed by the current employer. Employers do not have the right to make any changes in the EPF accounts of previous or other establishments. EPFO said that the member will be responsible for submitting the JD application from his registered portal login.

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Big update from EPFO! Interest money will be credited to PF account on this day, see full details

Pravesh Maurya — Thu, 27 Jun 2024 03:54:46 +0000

For the last few days, the members of the Employees’ Provident Fund have been waiting for the interest amount to come into their account. The Central Board of Trustees, the apex decision making body of the PFO, had approved the interest rate of 8.25 percent for FY24 in February.

Members of the Employees’ Provident Fund have been waiting for a long time for the interest money to come into their account. If you are also included in the list of such members, then there is big news for you. A big update has come from the EPFO on this. The Central Board of Trustees, the highest decision-making body of the PFO, approved an interest rate of 8.25 percent for FY 24 in February. However, a formal notification by the Finance Ministry is still awaited on this.

According to reports, there has been a delay in this due to the Lok Sabha elections in the country. Now this work is likely to be completed by July. Interest money can be sent to the accounts of PF account holders by the month of July. You can check online from home whether the interest money has come to your account or not. For this, you do not need to run anywhere. You can get information about the money deposited in your account and interest in many ways. Let us tell you.

Also Read: IndiGo launches 6Eskai service for booking tickets on WhatsApp

How to find out if money has arrived or not

You can check whether your EPF interest money has arrived or not from your passbook. If you check your passbook daily, you will come to know about it. You can check your passbook through SMS, missed call and EPFO portal. You do not need to run around anywhere. If your mobile number is registered with the EPF account, you can avail the missed call service. To check your balance through missed call, you have to make a missed call to 011-22901406. After this, you will know your balance through SMS.

Check your balance like this

You can also check your balance through SMS. For this, you have to SMS EPFOHO UAN ENG (or write the code of the language in which you want the message in place of ENG) to 7738299899. For this, all your necessary documents should be linked to UAN. Only then will you be able to take advantage of this facility. You can also check your passbook through the EPFO portal. For this, your UAN must be activated.

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PF account holders! You can withdraw double the money from your account, EPFO changed the rules of cash withdrawal

Pravesh Maurya — Thu, 18 Apr 2024 10:13:15 +0000

EPFO Cash withdrawal limit: Recently a big update is coming out for PF account holders. Now PF account holders can withdraw double the money from their account. Now EPFO has also made important changes in the rules of advance withdrawal. Let us know the complete update of EPFO in detail in the news below…

EPFO New Rules- Every employed person in India has an EPF account. These accounts are operated by the Employees Provident Fund Organization i.e. EPFO. Every month, 12 percent is deducted from the employee’s salary and deposited in this account. You can also use this fund in emergency (emergencuy fund) and apply online for advance withdrawal.

If you are also employed then there is news beneficial for you. Those employed by EPFO have got a big relief. EPFO has changed the rules for withdrawing money. Now the EPFO cash withdrawal limit has been doubled. However, EPFO has doubled the amount to withdraw money for treatment. Let us tell you how much money you can withdraw now?

For information, let us tell you that the rules for medical related advance withdrawal have been changed by EPFO. Earlier this claim limit was Rs 50,000 and now it has been increased to Rs 1 lakh. This came to light from the circular issued on April 16. According to the circular issued by EPFO, now you can withdraw Rs 1 lakh.

This form is for partial withdrawal

Let us tell you that EPFO has doubled the limit for withdrawal of money under para 68J of Form 31 (EPFO Limit double). Form 31 of EPF is for partial withdrawal. This form is used for premature withdrawal of money for many purposes. In this you can withdraw money to build a house, buy a house, get married and get treatment.

Know when you can withdraw Rs 1 lakh?

For information, let us tell you that Para 68J of Form 31 is used to withdraw partial amount for the treatment of disease (form 31 for withdraw partial amount). Under this, earlier you could withdraw only Rs 50,000, but now you can withdraw Rs 1 lakh. But while withdrawing the money, you have to keep in mind that the employees cannot withdraw their 6 months’ bequest and DA or the employee’s share along with interest. But yes… If you have funds of Rs 1 lakh in your account above this amount, then you can withdraw it.

Under what circumstances can a claim be made?

According to EPFO, account holders can use this money only for life-threatening diseases (withdrawal of pf amount for disease). You can also withdraw money when the employee or his patient is admitted in the hospital.

Let us tell you that it is necessary for the employee to be admitted in a government hospital or any hospital associated with the government. At the same time, if you have admitted the patient in a private hospital, then he will be examined first and then you can make a claim.

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PF withdraw rules : How to withdraw money from your PF account? Know step by step process

Pravesh Maurya — Mon, 15 Apr 2024 10:45:17 +0000

EPF withdrawal: If you are a member of the Employees’ Provident Fund Organization (EPFO), you can withdraw money from your Employees’ Provident Fund (EPF) account. As per EPF withdrawal rules, EPF account holders can withdraw partial or full amount from their account depending on their eligibility. Generally, the entire EPF amount can be withdrawn only if the member has been unemployed for two months or more.

Apart from this, EPFO member can withdraw the entire amount from his PF account after retirement. Meanwhile, EPFO member can also apply for partial withdrawal from his PF account in various situations.

These situations are as follows:

own or child’s marriage

Medical needs

To buy a house

To repay a home loan

To renovate a house

Note that for most of these partial withdrawals, the member must have been an EPF member for a minimum of five or seven years. If you change jobs, your EPF passbook balance will be automatically transferred to the new employer.

Withdraw money from your PF account online like this

First of all, you need to ensure that you have four details – Universal Account Number (UAN), member’s bank account number, ID proof and a canceled cheque.

Now you have to go to the UAN portal and enter your UAN number and password.
Now you will get an OTP on your mobile number linked to Aadhaar. Enter this OTP and captcha.
Now your profile page will open. On the top right side of the web page you will find the option “Online Services”. Now click on ‘Claim’ from the scroll down options.
Now you have to verify the member details by entering the bank account number linked to EPFO.
You will then receive a Certificate of Undertaking stating that the claimed amount will be credited to this bank account by EPFO. Now you have to click on ‘Yes’ to the terms and conditions.
Now you can proceed for online claim. As soon as you click on this option, a section will open in which you will have to enter more details.
Here you have to provide your address and also upload some documents like scanned check and Form 15G.
In this way, claim will be submitted to withdraw the balance of EPF account.

Cash Limit At Home: How much cash can you keep at home, know the income tax rules otherwise…

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PF Rule Change : These rules related to PF account changed from April 1, employees will get benefits

Pravesh Maurya — Tue, 02 Apr 2024 10:48:16 +0000

EPFO PF Transfer – The new financial year has started and there have been major changes in many rules from April 1. With this, a big update has come out for EPFO employees. Actually EPFO has changed the rules related to PF account. Let us know in the news below-

Earlier PF account had to be merged.

Earlier, whenever you changed jobs, new PF accounts were added to the UAN. After changing jobs, you had to go to the online EPFO website and merge your EPF account. No, now you will not need to merge or transfer your PF (FD) account. This will be automatically transferred as soon as the job is changed. Let us tell you, the employee has to contribute 12 percent of the basic salary in the PF account and the same contribution is also made by the employer. Through this account, pension is given to an employee later on.

16.02 lakh members joined EPFO

According to EPFO payroll data, 16.02 lakh members joined EPFO in January 2024. This information was given by the Labor Ministry. During this period, about 8.08 lakh new members had registered themselves in EPFO. The ministry said the provisional payroll data of the Employees’ Provident Fund Organization (EPFO) indicates a net increase of 16.02 lakh members in January 2024.

Income Tax : Do not do these 5 transactions even by mistake, income tax notice will come.

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EPFO New Update: What to do if the amount shown in the salary slip is not being deposited in the PF account?

Pravesh Maurya — Wed, 06 Mar 2024 08:13:35 +0000

EPFO Contribution The employee invests a fixed amount of his salary in the PF account every month. In this, along with the employee, the company also contributes. You should check your PPF account statement from time to time. In fact, if you feel that the company is not contributing, you can easily complain about it.

If you also invest in EPFO Account, then you must check the status of your EPF. You must check in the statement whether your company is also investing in the account along with you or not. Let us tell you that the same amount invested by the employee in the PF account is also invested by the company.

Actually, many times the company deposits the employee’s share in the PF account but does not deposit its own share. In such a situation, you can check the statement to know how much amount is in the account and in which month the company last contributed.

Now the question comes that if the company does not contribute to the PF account then where should you complain about it.

How to complain online

If the company is not investing in the PF account then you can complain about it online. For this, you can complain by visiting the official portal of Employees Provident Fund Organization (EPFO). To make a complaint, you will have to give a written complaint to the PF officer.

how to complain

You have to go to EPFO portal and log in through Universe Account Number (UAN) number.
After this you have to click on Get Details.
Here you will be shown all the information related to UAN number. After this you have to select Gate OTP.
OTP will come on your mobile number, enter it.
Now you have to fill all the other information like your name, gender, mobile number.
After this you will have to upload the documents related to the complaint.
In this way your complaint will be registered, the message of which will be received by you.

What is the necessary document?

Along with filing the complaint in EPFO, you will also have to attach some documents. You should collect the documents before filing the complaint. Actually, this document is used as proof.

If the company is not depositing money in the account then you have to attach the PF account statement to prove it. If the company has shown in the salary slip that it is depositing money in the PF account, then you can also use the salary slip as proof.

Let us tell you that if the company shows in the salary slip that it is contributing to the PF account but in reality it does not make many deposits, then EPFO takes strict action against them.

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PF account holders : When will the interest money come to the account of PF account holders, know the latest update

Pravesh Maurya — Thu, 29 Feb 2024 10:26:12 +0000

PF – According to a recent report, let us tell you that EPFO has approved increasing the interest on PF. After this, now more than 7 crore people are going to get the benefit of increased interest rates. In such a situation, let us know in the news below when the interest money will come to the accounts of PF account holders…

Employees’ Provident Fund Organization (EPFO) has approved increasing the interest on PF. After this, now more than 7 crore people are going to get the benefit of increased interest rates. EPFO has approved interest of 8.25 percent for PF account holders. Now crores of PF account holders are waiting for the interest money to be credited to their PF account.

Earlier I was getting this much interest-

EPFO’s Central Board of Trustees meeting was held on 10 February. After the meeting, an official statement said that CBT has approved the interest rate on PF at the rate of 8.25 percent for the financial year 2023-24.

Earlier, PF account holders were getting interest at the rate of 8.15 percent in the financial year 2022-23 and 8.10 percent in 2021-22. In this way, now the interest on PF has increased to the highest in 3 years.

Record money is going to be received this time-

It was told in the statement that EPFO has earned more this time, hence it has been decided to give the benefit of higher interest to PF account holders. This time EPFO is going to distribute a total of Rs 1.07 lakh crore as interest. This will be the first time that EPFO is going to distribute more than Rs 1 lakh crore to the subscribers.

This is how EPFO earns-

EPFO earns this fund by investing it in various places including the stock market and the money earned is returned to the subscribers in the form of interest. Interest money is credited to the subscribers’ accounts twice a year by EPFO.

Now we will have to wait a little-

After getting the final approval from the Finance Ministry, the interest rates are notified in the gadget, after which the interest money is sent to the account. This means that people will have to wait a little longer for the interest money.

You can check balance in these ways-

Account details can be checked by logging in directly to the EPFO website. The facility to check balance is also available through Umang App. Apart from these, balance can also be checked through missed call and message.

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EPF interest rate : 8150 rupees will come to the account of PF account holders, understand the formula

Pravesh Maurya — Wed, 14 Feb 2024 06:17:30 +0000

Provident fund – An update has come out for PF account holders. Actually, the government has increased the interest rates of EPF. At the same time, the government has given a big gift to the PF account holders.

If you do not know, then let us tell you that Rs 8150 will come into the accounts of these PF account holders. After this news came out, people would have started calculating it. Let us know in detail in the news below-

The government has given great news to those employed people whose PF is deducted from their salary every month. Yes, the government has increased the interest rates of EPF (EPFO interest rate) for the second consecutive year. Earlier, the government had increased it by 0.05 percent for the financial year 2022-23 and now it has increased it by 0.10 percent for the financial year 2023-24.

This means that in two years, the government has increased the interest on EPF by 0.15 percent, taking the total interest rate to 8.25 percent. Which is 3 years high.

Now the biggest question is that after this decision, how much money will come to your account as interest. After the news came, many people would have started calculating it. There is a formula to calculate it. Only after applying this, you will be able to know how much money will come to your account in the form of interest. Also, how much benefit have you received from this decision?

How is your EPF deducted?

According to the EPFO Act, 12 percent of the employee’s basic salary and inflation is deposited in the provident fund account. On the other hand, the company contributes 12 percent to the employee’s EPF account. But there is a little change in this also. 3.67 percent of the employer contribution goes to EPF and the remaining 8.33 percent is deposited in the pension scheme. In this way the provident fund of any employee is created.

How much interest money will come to the account?

EPFO’s organization CBT has decided to increase EPF interest rates to 8.25 percent. Earlier this interest rate was 8.10 percent. Now let us try to understand it with a calculation. There is a formula for this. Suppose there is a total deposit of Rs 1 lakh in your PF account.

So in the last financial year, you would have got Rs 8,150 in your account at 8.15 percent interest. Now this interest rate has been increased to 8.25 percent. If an account holder has Rs 1 lakh in his account, he will get Rs 8250 as interest. This means that the EPF account holder will get a benefit of Rs 100.

How to check EPF balance through portal-

First of all you have to go to EPFO portal www.epfindia.gov.in.
After that you have to click on E-PassBook option.
A new page will open and you will have to enter UAN, password and captcha code and log in.
After logging in, you will have to select the Member ID option for Passbook.
After which you will get the passbook in PDF format, which can be downloaded.
You can access the passbook directly at https://passbook.epfindia.gov.in/.

These are the benefits of EPFO account-

By default insurance is available on your PF account. Under the EDLI (Employee Deposit Linked Insurance) scheme, insurance up to Rs 6 lakh is available on PF account. Under this scheme the account holder gets a lump sum payment. Its benefit can be taken at the time of any illness or accident and death.

2. Pension after retirement

In case regular pension is deposited in the PF account for 10 years, the benefit of Employee Pension Scheme is available on the account. If an account holder remains in the job for 10 years and the amount is continuously deposited in his account, then under the Employee Pension Scheme 1995, he gets a minimum pension of one thousand rupees after retirement. However, now talks are going on to increase the pension fund.

3. Interest will be given on inactive accounts

EPFO has decided to pay interest on inoperative accounts only a few years ago, earlier this was not the case. Accounts in which no transaction has taken place for three years are put in the category of inactive accounts. Experts say that you should get your PF account transferred as soon as you change jobs. If this is not done, if the account remains inactive for more than five years, tax will have to be paid on it at the time of withdrawal.

4. PF account will be transferred automatically

Transferring PF money after changing job is now easier than before. Through your unique number linked to Aadhaar, you can maintain more than one PF account at one place. On joining a new job, there will be no need to fill Form-13 to claim EPF money. EPFO has recently issued a new Form-11. With this your previous account will be transferred to the new account.

5. Money will come to the account within an hour

You can withdraw money from your PF account in certain situations. It takes three to four days for this money to reach your account. But the government has started a new facility in view of the Corona epidemic.

Under this, money will come into the account within one hour of application. This facility has been started under medical emergency. Apart from this, you can also withdraw PF money for buying a house, higher education of children or marriage of a girl.

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PF Interest Credit: EPFO has given approval, know when the increased interest will be credited to your PF account?

Pravesh Maurya — Mon, 12 Feb 2024 05:01:06 +0000

EPFO Interest Rate: EPFO has approved the interest on PF for 2023-24. Now the interest rates on PF have become the highest in 3 years…

Earlier I was getting this much interest

A day earlier, on Saturday, February 10, a meeting of the Central Board of Trustees of EPFO was held. After the meeting, an official statement said that CBT has approved the interest rate on PF at the rate of 8.25 percent for the financial year 2023-24. Earlier, PF account holders were getting interest at the rate of 8.15 percent in the financial year 2022-23 and 8.10 percent in 2021-22. In this way, now the interest on PF has increased to the highest in 3 years.

Record money is going to be received this time

This is how EPFO earns

EPFO manages the Social Security Fund PF. PF is the biggest social security for people working in the private sector. Currently it has more than 7 crore subscribers across the country. EPFO currently has funds deposited with about Rs 13 lakh crore. EPFO earns money by investing this fund in various places including the stock market and the money earned is returned to the subscribers in the form of interest. Interest money is credited to the subscribers’ accounts twice a year by EPFO.

Now we will have to wait a little

After getting approval from the Central Board of Trustees of EPFO, now PF account holders are waiting for the interest money to be credited. After the approval of CBT, the decision taken on the interest rate awaits the approval of the Finance Ministry. After getting the final approval from the Finance Ministry, the interest rates are notified in the gadget, after which the interest money is sent to the account. This means that people will have to wait a little longer for the interest money.

You can check balance in these ways

Subscribers are informed about this through message alerts. PF account holders can also check their balance and get information about PF interest amount. For this, PF account holders get many options. Account details can be checked by directly logging into the EPFO website. The facility to check balance is also available through Umang App. Apart from these, balance can also be checked through missed call and message.

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EPFO Update: PF account does not operate without UAN ?

Pravesh Maurya — Sat, 27 Jan 2024 05:26:12 +0000

PF UAN number (UAN) issued by EPFO never changes. On changing jobs, the employee has to share UAN with the new company. Therefore, this is a very important number and every employee should know it.

EPFO issues a 12-digit Universal Account Number (UAN) to every PF account holder, like the Aadhaar number. To do any work related to PF account, you need UAN number. Without UAN, neither PF balance can be checked nor mobile number can be added to the account. Similarly, without UAN number, passbook cannot be downloaded nor PF amount can be transferred. Knowing all this, you must have understood the importance of UAN.

No matter how many jobs an employee changes, the UAN number of the PF account remains the same. On changing jobs, the employee has to inform the UAN to the new company. Therefore every employee should know this. But, sometimes the employee forgets his UAN number. If you have also forgotten your UAN number then you do not need to be disappointed. You can know this sitting at home.

How to know UAN number online:

You can also know UAN number online. For this you will have to go to the official website of EPFO https://www.epfindia.gov.in/site_en/index.php. You can check UAN online only if your mobile number is linked to the PF account. Because, the rest of the process will be completed only with the help of OTP received on the mobile number.

Visit the official website of EPFO www.epfindia.gov.in
On the home page, go to Services, go to For Employees section, then go to its Services section and click on Member UAN/Online Service (OCS/OTCP).
A new page will open. Go to the Important Links given on the right side and click on Know your UAN.
After doing this, a new page will open in front of you, enter your registered mobile number here, enter the captcha and click.
Do OTP validation by entering OTP on mobile.
Now a new page will open. Fill name and then date of birth in it. Then enter member ID, Aadhaar or PAN number and also enter captcha. Then click on Show My UAN.
Your UAN number will be sent to your registered mobile number.
This is the way to activate UAN online
Go to EPFO website and click on For Employee option in the Services menu.
After this, click on the Member UAN/Online Service option visible on the Services page.
A login page will open, click on the option of Activate Universal Account Number (UAN) visible below it.
Here, after filling your UAN number, date of birth, mobile number and captcha text, click on Get Authorization Pin.
An OTP will come on the registered mobile number. After filling it, verify the details. After doing this click on Agree. After this UAN has to be activated.
It takes at least six hours for the UAN number to be activated.

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EPF contribution: Want to take benefit of high interest rates of EPF by increasing contribution

Pravesh Maurya — Wed, 24 Jan 2024 05:29:54 +0000

EPF contribution:12 percent of the basic salary and dearness allowance (DA) of people working in the organized sector is deducted and goes into the PF account. An equal amount is also deposited by the employer. A good interest is given by the government on this. If you want to increase your investment in EPF to take advantage of higher interest rates, you cannot do so directly.

But through Voluntary Provident Fund (VPF), you can also increase your contribution in EPF and can avail the same interest on your investment which you get on EPF. At present, interest is being given on VPF at the rate of 08.15 percent. Know all the important information related to VPF.

How much money can be deposited in VPF

Any EPFO member can avail the facility of contribution in VPF and increase his contribution in the provident fund. There is no limit for salary deduction in VPF. If the employee wishes, he can also contribute up to 100 percent of the basic salary. The method of investing in VPF is exactly the same as that of depositing money in EPF, that is, if you start investing money in VPF, then its money will also be automatically deducted from your salary every month, like EPF is deducted.

How to start investing

If you are also interested in investing in VPF, then you will have to meet the HR of your company and tell him that you want to increase your investment in PF. With the help of HR, you can open your VPF account along with EPF. You will have to fill a form and submit it to HR regarding how much contribution you want to increase in your salary. After this the process of linking your VPF account with EPF account will be completed. After this process is completed, you can start deducting money from your salary in VPF. Once you opt for VPF, it is mandatory to deposit money in it for at least 5 years.

What are the rules for withdrawal of funds?

The interest and benefits received on VPF amount are the same as in EPF, similarly the rules for withdrawal of money are also the same as in EPF. You can withdraw the entire amount of VPF fund only after retirement. After 5 years, when its lock-in period ends, you can withdraw partial amount from it. Claim for this can be made online.

Tax exemption and account transfer

If you change your job, PF account can also be transferred like EPF. On investing in VPF, there is no tax to be paid on its interest and withdrawal amount. Therefore it is considered as Exempt-Exempt-Exempt (E-E-E) category investment. In this, one gets the benefit of tax exemption under Section 80C of the Income Tax Act. In this fund, you can claim tax exemption up to Rs 1.50 lakh in a financial year.

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EPFO subscribers alert! EPFO has issued Standard Operating Procedure (SOP) for freezing and de-freezing of PF account

Pravesh Maurya — Tue, 02 Jan 2024 07:29:39 +0000

EPFO subscribers alert: Big news has come for the subscribers of Employees Provident Fund Organization (EPFO). EPFO has closed a big facility started in Covid-19. Along with this, EPFO has issued Standard Operating Procedure (SOP) for freezing and de-freezing PF Accounts.

Facility to withdraw advance money closed!

To deal with the economic crisis during the COVID-19 pandemic, the government had given the facility to employees to withdraw COVID-19 Advance Money. Under this, any EPFO member could withdraw money from his PF account as Covid advance in case of need. According to Economic Times, now this facility has been stopped. Although no notification has been issued in this regard, efforts are being made to disable the non-refundable Covid advance provision in the software so that account holders cannot apply for it.

Rules regarding account freeze also

Along with Covid-19 Advance Fund (EPFO Covid Advance Fund Withdrawal), EPFO has introduced another new rule. The organization has issued SOP to freeze and de-freeze accounts. Under this, the time limit for verifying the frozen account has been limited to 30 days. However, there is an option to extend this deadline by 14 more days. In such a situation, it will be mandatory for you to verify the account to freeze or de-freeze during this period.

Fraud can be stopped!

Fraud can be prevented with the SOP issued for freezing or de-freezing of accounts. It is said in the SOP document that the first and most important thing is that it is necessary to keep money safe in any account. In such a situation, after verification, only the person who has the account will be able to withdraw money from the account.

This is necessary for verification

EPFO said that MID or UAN and verification of establishments is necessary to identify suspicious account transactions. It is noteworthy that it runs Employee Provident Fund, PF, Pension and Insurance Scheme and a total of 6 crore people across the country are associated with this organization.

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PF Account: Do this work before leaving the job, otherwise you may face problems in withdrawing money

Pravesh Maurya — Fri, 24 Nov 2023 18:04:23 +0000

PF Account: If you look, you will find that a large section of people are employed. At the same time, it is also necessary to work to earn one’s livelihood.

Actually, people who work are given a special facility by the government and that is PF account. Every month a certain amount is withdrawn from the employee’s salary and deposited in his PF account and the company also has to deposit the same amount.

Apart from this, annual interest is also available on it, after which the employee can withdraw the PF money in the middle of his job or after the end of service. But perhaps you may not know that you should get your UAN number activated before leaving the job. Otherwise, you may face a lot of difficulty in withdrawing PF money. You can know in the next slides how you can activate your UAN number.

This is how you can activate your UAN number:-

Step 1

If you have not yet activated your UAN number, then definitely get this done before leaving the job.
For this, first of all you have to go to the official website of EPFO unifiedportal-mem.epfindia.gov.in/memberinterface/

Step 2

After visiting the official website, you will see the ‘Important Links’ section at the bottom.
In this you have to click on the option of ‘Activate UAN’

Step 3

Then you will see that a new page will open in front of you
Now you have to enter your UAN number here
If there is no UAN number, you can also fill the Member ID.
After this you have to fill things like your Aadhaar number, name and date of birth.

Step 4

Now you have to enter your mobile number here, which is linked to your Aadhar card.
Then enter the captcha code shown on the screen
After this click on consent and click on ‘Get Authorization Pin’
By doing this your UAN number will be activated.

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Does your employer deposit PF money into your PF account on time? check here

Pravesh Maurya — Thu, 16 Nov 2023 12:07:24 +0000

PF account: If you also contribute to EPFO then it is important for you to check the status of your EPF account. You should check whether the employer i.e.

your company is also contributing the same amount as you are contributing or not. Many times it also happens that the company deposits the money from the employee’s account into the EPF account but the company does not contribute its contribution.

Find out whether the employer is depositing the money or not

If an employer does not deposit the money in the PF account of his employees on time, then he has to pay interest as per the interest rate fixed by EPFO. The employee can also complain about this to EPFO. He can complain only when it is confirmed that the money has been deducted from his salary but has not been deposited in the PF account. You will get this information from your PF account statement. This can be checked online from EPFO member portal or from PF office.

Action may be taken against the employee for default

If the company defaults in depositing money in the employees’ PF account, then it has to pay interest as per Section 14B and Section 7Q. The interest on default of less than 2 months is 5 percent. The interest on default of 2 to 4 months is 10 percent. On default of 4-6 months, interest will be charged at the rate of 15 percent. On default of more than 6 months, interest will have to be paid at 25 percent rate.

You can complain like this

If an employee finds that his employer is not depositing his PF money in his EPF account, then he can complain online through the EPFiGMS portal. To register a complaint on this portal, you will have to provide your details. These include Universal Account Number, Employers Establishment Code and details of your complaint. If you face difficulty in filing complaint online, you can also complain in the regional office of PF.

You can also complain on Umang App

EPFiGMS facilities are also available on UMANG. You can lodge your complaint through Umang mobile app. Once the complaint is registered, the system generates a unique registration number. This information is sent to the subscriber through SMS or email. EPFO is a government organization. It comes under the Ministry of Labor and Employment.

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PF Balance: EPFO is crediting interest rate in PF account, check your balance like this

Pravesh Maurya — Mon, 13 Nov 2023 12:06:33 +0000

Today is Diwali and people worship Goddess Lakshmi and ask for their wealth and prosperity. In such a situation, recently the Employees Provident Fund Organization (EPFO), the organization that handles the money of Provident Fund (PF) accounts, said that the process of depositing interest in the PF account has been started.

What is the interest rate?

The interest on PF account for FY 22-23 is 8.15 percent. Recently, Union Labor and Employment Minister Bhupendra Yadav had said that EPFO has already deposited interest in more than 24 crore accounts. In such a situation, if you are also a member of EPFO, then you can easily check whether the interest money has come into your account or not.

How to check your PF balance?

EPFO employee can check his PF balance in four ways. First through Umang app , second through EPFO website, third through SSS and fourth through missed call. Let us know what is the step by step process.

Umang app

First of all, download the ‘UMANG’ app from your Play Store or App Store.
After this register on the app for EPFO services.
Then go to ‘Services’ and select the option ‘View Passbook’ under ‘Employee-Centric Services’.
After this, check your EPF passbook and OTP to check your balance.

EPFO website

First of all you go to the official website of EPFO.
After this go to ‘Our Services’ and select the option of ‘For Employees’.
To check the balance, you can check the balance by selecting ‘Member Passbook’ under ‘Services’.

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PPF Calculator: You can easily become a millionaire through Public Provident Fund, just do these simple things

Pravesh Maurya — Mon, 18 Sep 2023 12:15:58 +0000

PPF Calculator: Public Provident Fund (PPF) is a long term savings scheme in India. At present, investors are getting the benefit of 7.1 percent interest rate on PPF from April 1, 2023. Investors can invest in PPF account in any bank or post office.

However, any investor has to invest a minimum of Rs 500 in a year in the PPF account and in its absence the PPF account may become inactive. Also know that you cannot invest more than Rs 1.5 lakh in a PPF account in a year. PPF account takes 15 years to mature.

How can PPF account make you a millionaire?

If you go for the traditional investment option, it will take you a lot of time to build a corpus of crores of rupees, but personal finance experts say that with the power of compounding in PPP investment, this task can be done easily. Anyone can extend the PPF account for 5 years and this can be done any number of times. Whenever you extend your PPF account, you should extend it with investment option so that you will get double benefit on it. Like, interest will be given on both PPF maturity amount and fresh investment. Through this, you will get maximum benefit on your investment which can increase your returns manifold.

In simple words, anyone can start investing in PPF account from time to time and get Rs 1 crore or more by the time of their retirement.

PPF calculator

If an investor extends the PPF account twice for 5 years each after the maturity of 15 years, then he is able to earn a good amount of money and become a millionaire in 25 years. Let us know how this can happen – If a PPF investor deposits Rs 1.5 lakh in his PPF account in a year – it can also be deposited in the form of monthly installments such as Rs 8333.3 every month. Now according to this, the maturity amount of your PPF investment of 25 years will be – 1,03,08,015 or Rs 1.03 crore. Here it is important to keep in mind that the total investment you made was Rs 37,50,000 and according to the 7.10 percent annual interest rate (current interest rate), you got a total interest of Rs 65,58,015.

PPF taxation rules

The rules of PPF taxation give you the EEE tax benefit in which not only you get tax exemption on the annual amount of Rs 1.5 lakh invested in PPF, apart from the annual investment, the maturity amount of PPF is also tax free. In this way you get triple EEE tax benefit which is known as exemption-exempt-exempt.
Is called benefit.

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PF Account: These 4 mistakes of those who invest money in PPF will prove costly, account may be closed

Pravesh Maurya — Fri, 01 Sep 2023 02:07:29 +0000

PPF Balance: Public Provident Fund (PPF) is a popular fixed income investment due to its sovereign guarantee and tax benefits. However, before investing in a PPF account, you should know that the rules governing it are strict and if they are not followed, the PPF account can be called irregular.

In fact, if a certain rule is not followed, the PPF account can be closed, contributions can be returned and interest payments can be stopped. In such a situation, here we are going to tell you about those four reasons through which PPF account can be closed.

Opening more than one PPF account

As per PPF rules, you are allowed to open only one account in one name. Also, if you have a PPF account with a bank, you cannot open an account with a post office. Also, if the PPF account is opened in the post office, then the PPF account cannot be opened in the bank. While opening a PPF account on behalf of your minor child, it should be opened by either the father or the mother; Both the parents cannot open separate accounts for the same minor.

Contribution of Rs 1.5 lakh in a year:

Anyone who contributes more than Rs 1.5 lakh in a financial year should contribute a minimum amount of Rs 500 to his PPF account. The maximum amount allowed in a financial year is Rs 1.5 lakh. Rs 1.50 lakh will include the amount deposited in his own account and in the account opened on behalf of the minor.

Contributions of more than Rs 1.5 lakh made during the financial year will be treated as irregular membership. The excess amount will neither earn interest nor be eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Apart from this, the contribution amount of more than Rs 1.5 lakh will be returned to the account holder without any interest through post office.

Joint PPF Account

You cannot open a joint PPF account. If it is opened in joint name, the post office/bank can close these irregular accounts.

Extension of Account with Contribution

The PPF account can be extended indefinitely after the expiry of 15 years. But if someone continues to invest during the extension without informing the post office, it may be irregular. If you want to extend the account and also want to continue with the new deposit, you have to inform the post office in writing one year before the expiry by filling Form H.

If anyone continues to make deposits without submitting this form, all new deposits will be canceled and the account will be treated as irregular. Also, no interest will be given on it. The benefit of section 80C will not be available on deposits made in PPF account without exercising the option to continue the account after the expiry of 15 years.

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PF Interest Rate Increased: The interest rate on deposits in PF account has been increased by 0.05 percent

Pravesh Maurya — Fri, 28 Jul 2023 13:29:52 +0000

New Delhi. Recently, giving a big gift to the subscribers of Employees Provident Fund Organization (EPFO), the government has increased the interest rate on deposits in PF account by 0.05 percent. According to the circular issued on July 24, 2023, the interest rate on deposits in PF account has been increased from 8.10 per cent to 8.15 per cent for the financial year 2022-23.

Significantly, the EPFO board had fixed the interest rate of 8.15 per cent on the EPF account in March for the financial year 2022-23. The EPFO board had sent this proposal to the finance ministry for approval. Now it has been approved.

The interest rate had reached the lowest level in 40 years for 2021-22.

For the financial year 2021-22, the government had approved the lowest interest rate of 4 decades on EPF deposits at 8.1 percent. The 8.1 per cent interest rate on EPF was the lowest since 1977-78. The interest rate of 8.5 per cent on EPF deposits for the financial year 2020-21 was fixed by the Central Board of Trustees in March 2021.

At what rate interest has been received on PF in the last 6 financial years.

8.65 per cent in 2016-17 8.55 per cent
in 2017-18 8.65 per cent
in 2018-19 8.50 per cent
in 2019-20 8.50 per cent
in 2020-21
8.10 per cent in 2021-22
8.15 per cent in 2022-23

What is Provident Fund

Significantly, EPFO has been created by the government to handle the Employee Provident Fund (EPF). This institution takes care and safeguards the money of the fund. EPF is a scheme in which an employee deposits some part of his salary. This money is deposited in his provident fund ie for further expenses. For employed people, EPF money is their lifetime earnings. Withdraws the money deposited in this scheme after retirement. In certain circumstances, money can be withdrawn even earlier.

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Bank account linked to PF account has been closed, so link new bank account like this sitting at home

Pravesh Maurya — Fri, 28 Jul 2023 08:58:28 +0000

New Bank Account Link With PF Account:If you are employed, then you must be getting salary every month. At the same time, if your company falls in the category under the rules, then your PF will also be deducted every month.

Actually, if seen, PF is a kind of investment, which is very useful for us in future. PF accounts of employed people are opened by Employees Provident Fund Organization ie EPFO and then a certain amount is deducted from the employee’s salary every month and deposited in these accounts and EPFO also pays annual interest on this money. At the same time, you can also withdraw this money in the middle of the job or after leaving the job.

But the problem with many people is that their already linked bank account with PF account gets closed. In such a situation, they are not able to withdraw PF money. If you have this problem too, then you do not have to worry because we are going to tell you how to link your new bank account with your PF account.You can learn about this in the next slides…

This is how you can link a new bank account with a PF account –

Step 1

If for some reason you also want to link a new bank account with your PF account, you can
For this you have to visit the official website of EPFO unifiedportal-mem.epfindia.gov.in/memberinterface/
After visiting the website, you have to enter the UAN number, password and captcha code given on the screen, which will login your account

step 2

After login, you will see many options here, out of which you have to click on the managed option.
Inside this you have to choose the option of KYC
Then here you have to click on the bank option you see.

step 3

After this you have to fill all the details of your bank account here.
Like- bank account number, bank name and IFSC code etc.
Keep in mind that check the filled information once, so that nothing goes wrong.

step 4

Now you have to click on the submit button
Then after submission, the process of linking your bank account is approved by the HR department of your company and once approved, your bank account is linked to the PF account.

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PF: Bank account linked to PF account can be changed in minutes, know complete process

Pravesh Maurya — Mon, 10 Jul 2023 10:29:20 +0000

PF Account: Employees Provident Fund Organization ie EPFO, under which PF accounts of employed people are opened. In these accounts, a fixed amount is deducted every month from the salary of the employees and deposited.

Along with this, the company also deposits the same amount in the PF account of its employees. At the same time, the government also pays annual interest on this money. In such a situation, the PF account holder can withdraw this money in the middle of the job or after the end of the service.

Just for this your bank account should be updated on the PF portal, but many times people’s already linked bank account gets closed due to some reasons or for other reasons they want to change their bank account. In such a situation, if you also want to change the bank account linked to your PF account, then you can do so in a very easy way. So let’s know how you can get a new bank account updated in your PF account…

How to update new bank account in PF account:-

Step 1

If you also want to add a new bank account to your PF account for any reason, then you can do so
For this you have to visit the official website of EPFO unifiedportal-mem.epfindia.gov.in/memberinterface

step 2

After this, you have to login here by entering your UAN number, password and captcha code given on the screen.
Now you will get the option of KYC on the portal, on which you have to click
Then here you will get the option to update your bank account
you also have to click on

step 3

Now you have to fill the information of your new bank account here i.e. fill the information of the bank account you want to update
After this, check the filled information properly, so that there is no mistake.

step 4

Then when all the information is correct, click on submit
After this your new bank account information is approved by the HR of your company
Then as soon as HR approves, your new bank account gets linked to the PF account.

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PF Scheme: PPF account holders must know about these benefits, otherwise…

Pravesh Maurya — Mon, 26 Jun 2023 07:29:33 +0000

PF account: PF is a very useful scheme. PF scheme is being run through the government. The scheme is administered through the Employees’ Provident Fund Organization (EPFO).

Every establishment having 20 or more employees is covered under it and certain organizations which employ less than 20 persons are also covered subject to certain constraints and exemptions. People also get many benefits of PF account.

PF scheme

The employee and the employer contribute 12% of the basic salary and dearness allowance of each employee to the EPF. After the employer retires, he gets a lump sum amount which includes both his and the employer’s contribution apart from the interest on both. Currently the interest rate on EPF deposits is 8.15% per annum. At the same time, people should also be aware of the benefits of PF, lest some wrong steps are taken regarding PF without knowing the benefits, which may be regretted later.

Employees’ Provident Fund Organization (EPFO) is a non-constitutional body that encourages employees to save money for retirement. This organization is governed through the Ministry of Labor and Employment, Government of India. The schemes offered through the organization cover Indian workers and international workers (from countries with whom EPFO has signed bilateral agreements).

Benefits of the scheme

EPF scheme helps in saving money in the long run. There is no need to make lumpsum investment in this scheme. It is deducted on a monthly basis from the salary of the employee and this helps in saving a huge amount in the long run. It can help an employee financially during emergencies. It helps in saving money at the time of retirement and helps a person to maintain a good lifestyle.

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Great news regarding the Provident Fund (PF) account of the employed! Finance Ministry is going to make a big announcement

Pravesh Maurya — Fri, 23 Jun 2023 15:05:25 +0000

EPFO Interest Rate: For the financial year 2022-23, the interest of Provident Fund can be finalized. A decision on this can be taken by the end of June. According to sources related to EPFO, a draft has been prepared by the Labor Ministry and sent to the Finance Ministry.

Great news related to EPF account is coming for the employed. Soon the Finance Ministry can announce it. For the financial year 2022-23, the interest of Provident Fund can be finalized. A decision on this can be taken by the end of June.

According to sources related to EPFO, a draft has been prepared by the Labor Ministry and sent to the Finance Ministry. Now approval is yet to be received from the Finance Ministry. As soon as approval is received, it will be notified. This process is expected to be completed by July. Let us tell you, the Labor Ministry has fixed 8.15 percent on EPF for the financial year 2022-23.

When will I get the interest money?

Like every year, the Central Board of Trustees (CBT) of EPFO decides the interest for the previous financial year. Usually this meeting takes place in March. In this, considering the earnings of the whole year, it is decided that how much interest should be given. For the last year, it was decided in the meeting held in March 2023.

The board increased the interest rates. After this, it is the job of the Labor Ministry to prepare its draft. The Labor Ministry sends it to the Finance Ministry for approval. It is notified only after the approval of the Finance Ministry. It is expected that soon approval can be received from the Ministry of Finance on the interest for the financial year 2022-23. If everything goes well then by November-December this year it will be credited after completing all the formalities.

How much increased interest on EPF?

If sources in the Labor Ministry are to be believed, the draft has been prepared and sent in May itself. Usually by the end of June, approval is received from the Ministry of Finance. The EPF interest rate has been fixed for the financial year 2022-23. It was increased by 5 basis points as compared to the previous financial year. However, before that it was 8.50 percent. Let us tell you, 12 percent of the basic salary of the employed person is deposited in the EPF account. The same share is also from the side of the employer.

How is it decided how much interest will be received?

The interest rates for the financial year 2022-23 were fixed in the CBT meeting held on 25 and 26 March. Interest rates are decided every year during the board meeting in March. Last year has been very good for EPFO in terms of earnings. Earnings have increased. This was the reason that the interest rates were increased, albeit marginally. Employees Provident Fund Organization invests your money in many places. He gets a return on this. Interest is received on the investment only through this earning.

Where is the money deposited in EPFO put?

Employees’ Provident Fund Organization (EPFO) invests your money deposited in Provident Fund accounts (EPF account) in many places. A part of the earnings from this investment is given to you in the form of interest. EPFO invests 85% of the total deposits in debt options. These include government securities and bonds. There is a total investment of more than Rs 36,000 crore in this. The remaining 15% is invested in ETFs (Nifty & Sensex). PF interest is decided on the basis of earnings from debt and equity.

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E-nomination is necessary in EPF account, know its simple step by step process

Pravesh Maurya — Thu, 22 Jun 2023 04:29:12 +0000

PF account is made for every employed person. A part of the salary of employed people is deposited in this account. On which they are also given interest. Now EPFO , the organization managing this account, has made it mandatory for all account holders to make a nominee. It is necessary for all the account holders to do e-nomination to get the amount deposited in their PF account.

Nominee gets the benefit of pension after death

In case of death of the account holder after e-nomination, the amount deposited in the account or pension is given to his nominee. PF account holders can also complete their e-nomination process online. E-nomination is necessary not only in the case of PF account but also in every type of savings or insurance plans. If the PF account holder is a married person then there are two types of nominees for EPF and pension schemes. Normally, the nominee of the EPF account also gets the benefit of EDLI. However, it is given only in case of death while in service.

How to do your e-nomination

You can complete your e-nomination by following some very easy steps. For this, first of all, you have to login by visiting the EPFO website unifiedportal-
mem.epfindia.gov.in/memberinterface.
For this you have to enter your Universal Account Number and Password. After this, you have to click on the View tab and then upload your profile photo in JPG or JPEG format which should be less than 100 KB.
For this, you have to update all the necessary details including permanent or present address by clicking on the profile pic.
After this, you have to click on the Manage tab and click on the option of e-nomination.
In the next step, you will have to enter your UAN number, name, date of birth, gender, father or husband’s name, marital status, Details like permanent or present address and date of joining EPF will appear on the screen.
After this you have to update your family details. In case you nominate more than one person, you can share his/her share. After this you have to add your family details. Then you have to enter their name, date of birth, relation, address and bank account details as per the Aadhaar card.
After this, you will have to decide the total share of all by going to the nomination details. After this you have to click on the option of EPF nomination save. After this, you have to click on the e-sign button and enter the Aadhaar number to generate the OTP.
Your e-nomination will be completed as soon as you enter the OTP.
Relationship, address and bank account details have to be entered. After this, you will have to decide the total share of all by going to the nomination details.
After this you have to click on the option of EPF nomination save. After this, you have to click on the e-sign button and enter the Aadhaar number to generate the OTP.
Your e-nomination will be completed as soon as you enter the OTP. Relationship, address and bank account details have to be entered.
After this, you will have to decide the total share of all by going to the nomination details. After this you have to click on the option of EPF nomination save.
After this, you have to click on the e-sign button and enter the Aadhaar number to generate the OTP.
Your e-nomination will be completed as soon as you enter the OTP.

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PF Account Holder! How to merge your PF account ? Here’s a Quick Step-by-Step Guide

Pravesh Maurya — Wed, 14 Jun 2023 21:02:35 +0000

PF Account Merge Online: If you are a PF Account Holder and you have two or more accounts, then you should merge the PF Account. The process of merging PF accounts is easy and can be completed online from the comfort of your home. After merging PF accounts into one (PF Account Merge Online), the interest money received will be more.

Apart from this, if you merge your PF accounts, then you will not need to do repeated login or updation related work for different accounts. Along with this, your time will also be saved. Apart from the EPFO office, you can also merge two accounts into one through the online method sitting at home.

Why it is necessary to merge pf account

If you join a job in a new company and give your old UAN number, then your old account cannot be linked under the new account. This means that the funds deposited in the old account will not be credited to the new account. In such a situation, it is necessary to merge the PF account to add the old fund to the new account.

How to link two or more EPF accounts

First of all , one has to go to the official portal of EPFO unifiedportal-mem.epfindia.gov.in .
Now select One Member One EPF account inside the online service.
Your personal information will appear on the screen, in which information about both your accounts will be given.
You will have to attest the old or new employer to link the old account with the new account.
Enter your old member ID, old PF account number and old UAN and then click on the tab to get details.
Now proceed by entering the OTP, your request will be submitted.
After getting approval from the present employer, the old account will be merged with the new account.

pf account gets closed in so many days

If money is not being deposited in your PF account for a long time or is not withdrawn, then according to EPFO it will be closed after 36 months. EPFO will put it in non-operative category. This means that now your PF account is not active.

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PF Account: Complete this work related to PF immediately after changing the job, otherwise you may…

Pravesh Maurya — Tue, 13 Jun 2023 08:45:44 +0000

People working in the private sector keep changing jobs for their career growth. After the covid epidemic, a boom was also seen in it. In such a situation, if you are also changing the job or have changed, then after joining the new company, complete one task very carefully. This work is to merge the EPF account.

At the time of joining every new company, a new PF account is opened from your old UAN number only. But the funds deposited during the job in the old companies are not added to the new PF account. Therefore, the PF account holder has to merge the account (EPF Account Merge) by visiting the EPFO website.

After the EPF account is merged, the total amount will be reflected in your single account. You can easily merge your PF account online. For this you have to go to the official website of EPFO. Here you have to go to Services. Then click on One Employee One EPF Account.

OTP will come on the registered mobile number

After this the form will open to merge EPF account. Here you have to enter the registered mobile number from the EPF account. Then enter UAN and current member ID. After filling the complete details, OTP will be generated for authentication. OTP will come on your registered mobile number.

As soon as you enter the OTP number. Then the details of your old account will start appearing. After this fill the PF account number and click on the submit button. Your request for account merge will be accepted. Then after a few days of verification, your account will be merged.

UAN is very important

However, keep in mind that to avail any facility related to EPF online, you must know your UAN (Universal Account No). Along with this, it is also necessary for UAN to be activated.

Find out your UAN like this

If you do not know your UAN, you can find it online. For this you have to go to ‘https://unifiedportal-mem.epfindia.gov.in/memberinterface/’. Then click on the Employee Linked Section on the right side and click on ‘Know Your UAN’ number. Then you have to fill the registered mobile number and captcha code.

After this click on Request OTP. Now a page will open in front of you. On this you will have to fill your PF account number and captcha. Along with date of birth, Aadhaar or PAN number will have to be entered. After this click on ‘Show My UAN Number’. You will get your UAN.

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New Rule 1st June 2023: Rules related to buying and selling gold, cheque payment, PF account will change from tomorrow

Pravesh Maurya — Wed, 31 May 2023 10:15:17 +0000

Rule Change from 1st June: The new month June is going to start from tomorrow. The beginning of every month changes many rules related to your household budget.

These rules have a direct effect on your bank account. The prices of gas cylinders, PNG, CNG will change in June. New rules for buying and selling your PF, gold will come into force.

Electric two-wheelers will be expensive

If you are also thinking of taking an electric two-wheeler, then go ahead because the government has cut down the benefits available for taking them. Buying an electric two-wheeler will become costlier from June 1. According to the notification issued on May 21, the Ministry of Heavy Industry has reduced the subsidy on electric two wheelers accordingly. This is the reason that now you may find it expensive to buy an electric two wheeler.

Gold hallmarking rules

From June 1, the rules related to hallmarking of gold will also come into force. Gold buying and selling will change. Now you will not be able to buy gold without hallmark.

There will be a change in the rules of EPFO

EPFO rules will also change from June 1. You have to link your PF account with Aadhaar. If you do not link Aadhaar with PF till June 1, then there may be trouble.

Changes in ITR website

The new website of Income Tax will be launched from 7th June. That is, taxpayers filing ITR returns should be aware of this.

Bank of baroda is changing the method of check payment

The rules for making payment through Bank of Baroda check are changing from June 1. That is, now, if there is a check of more amount, first the bank will have to inform about it.

Small savings scheme rates will change in june

The government will decide on the interest rates of Small Savings Scheme at the end of June. The government decides on the interest rates for small savings schemes every quarter.

There may be an increase in the prices of gas cylinders, CNG and PNG

LPG gas cylinder prices change on the first of every month. Companies fix their prices.

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New update on PF account: Do this work immediately after changing job, know all details here

Pravesh Maurya — Wed, 17 May 2023 07:29:50 +0000

New update on PF account: If many such people are found then they change jobs every 2-3 years for more salary and better opportunities.

But with the happiness of increasing salary, people often ignore an important task, due to which heavy tax can also be imposed. Actually, we are talking about the merger of provident fund (PF) accounts here. Merging PF account after changing jobs is a very important process.

Provident Fund

Provident Fund is a compulsory retirement savings program which is being run through the government. Along with this, this scheme is also being run in many countries. This includes contribution from both the employee and the employer, with the intention of providing financial support to the employee upon reaching the age of retirement. The primary objective of the fund is to enable individuals to have a steady source of income during their retirement years.

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PF Account

Whereas when you start a job, you get a Universal Account Number (UAN) from EPFO. Your employer then opens a PF account under this UAN and both you and your company contribute to it every month. And when you change jobs, you give your UAN to the new employer, who later opens another PF account under the same UAN. Due to which the PF contribution of your new employer is credited to this new account. In such a situation, it is very important to merge the old PF account with the new job as well as the new PF account.

PF Withdrawal

It is possible that due to some reasons the amount deposited in the PF account has to be withdrawn. In such a situation, according to government rules, if your tenure with a company is less than five years and the total amount deposited in your PF account is less than Rs 50,000, then you are exempted from paying any tax on withdrawal. However, if the amount exceeds Rs 50,000, then 10 percent TDS will be deducted. On the contrary, if you have completed five years of service then there will be no tax on withdrawal of your PF funds.

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EPFO higher pension calculation, understand how the arrears will be calculated

Pravesh Maurya — Fri, 12 May 2023 12:03:37 +0000

Higher Pension Calculation of Dues: Employees’ Provident Fund Organization has issued detailed information regarding the calculation of arrears.

EPFO has told how you will be able to calculate the arrears of higher pension and how much amount will be given to you under this. If someone has opted for higher pension and is eligible, then money will be transferred from his PF account for higher pension. Let us know how the outstanding amount will be calculated.

How will the outstanding amount be calculated?

According to the circular issued by EPFO on May 11, 2023, the arrears amount will be calculated after verification of the salary details given by the employer by the field office and taking care of some things in the process.

Keeping in mind what things will be calculated

The case of each member or pensioner eligible for higher pension of EPFO will be added in a separate file, which will be created in the e-office for clarity of Application ID. In case of exemption, the information about the salary for the entire period and the information with the institutions getting the contribution exemption should be clear. If all the things are not found according to the records, then there may be a problem in getting the higher pension.

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How will the deposit amount be calculated?

The employer’s share of 8.33 per cent on the higher salary will be calculated as per the records.
15,000 per month with effect from March 1, 2014, the employer’s share will be calculated according to the enhanced contribution of 1.16%.
All amounts already deposited in the Pension Fund will be deducted from the sum of the above two.
After all calculations, the interest on the outstanding amount will be the interest earned by the members on their PF.

How will the interest be calculated

For non-exempt institutions, the interest will be calculated at the rate declared under Para 60 of the EPF Scheme, 1952. Further, interest for exempted establishments shall be calculated at the rate declared under para 60 of the EPF Scheme 1952 or the rate declared by the Trust of Exempted Establishments from time to time, whichever is higher. Significantly, EPFO is yet to tell how the higher pension will be calculated. Another circular may be issued soon regarding the calculation of higher pension.

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PF Withdrawal Rules: Advance amount can be withdrawn from PF account for marriage of daughter and son, but this work will have to be done

Pravesh Maurya — Mon, 10 Apr 2023 07:00:37 +0000

PF Withdrawal in Emergency: Provident Fund (PF) is very important for a common working man. With this, apart from getting a huge amount in future, money can also be withdrawn in emergency.

If your son-daughter or brother-sister is married and you need money in emergency, then you can withdraw money from PF account. However, there are some rules for this, which need to be fulfilled.

How much money can be withdrawn from PF?

Any person can withdraw advance money from PF account for his marriage as well as for the marriage of son-daughter or brother-sister. As per EPFO rules, you can withdraw 50 percent of the total amount deposited in your fund including interest. However, the most important condition for this is that it has been at least 7 years since your PF account was opened.

How many times can I withdraw money?

Advance money cannot be withdrawn more than 3 times for marriage and studies. Explain that 12% of the basic salary (basic salary) of the employee goes to the PF account. Apart from this, 8.33% of the deduction made by the employer in the employee’s salary goes to EPS (Employee Pension Scheme), while 3.67% goes to EPF. Your PF is deposited every month, but interest is earned on an annual basis.

8.15 percent interest will be available in 2022-23:

In the financial year 2022-23, the PF account holder will get interest at the rate of 8.15 percent. Interest will be transferred at the rate of 8.15 percent on the amount deposited in the account of any PF account holders. If one has Rs 1 lakh deposited in one’s PF account, then at the rate of 8.15%, you will get Rs 8,150 as annual interest. On the other hand, if Rs 10 lakh is deposited in the PF account, then Rs 81500 will be transferred to your account as interest.

Can withdraw money online in just 72 hours?

If you want, you can also apply for money online from EPFO’s website. With this, you will not even need to go to the EPFO office. Money can be withdrawn online in just 72 hours. However, to withdraw money online, it is very important to have PF account linked with Aadhaar card. Apart from this, your UAN number should also be activated only then you can withdraw money.

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PF Interest Credited: EPFO has started sending interest money to PF account, check balance with these easy process

Pravesh Maurya — Wed, 15 Mar 2023 07:29:30 +0000

Provident Fund Balance Check Process : If you are an employee, then you must know about the amount deducted from your salary every month in the name of Provident Fund (PF ).

Some part of this is deposited in the PF account by the employee and some part by the employer. Recently, news has come that about 98 percent of the contributory companies linked to the Employees’ Provident Fund ( EPF ) have deposited the interest for the financial year 2021-22 till March 6 in the accounts of the members. For the financial year 2021-22, the interest rate on EPF was fixed at 8.1 percent.

In such a situation, if you are also entitled to it, then check as soon as possible whether this amount has been deposited in your PF account or not. For this, you can check the balance by following the steps given below.

Information given in Lok Sabha

Many Members of Parliament and representatives of employees’ organizations have been raising the issue of non-credit of interest for a long time. Therefore, Union Minister of State for Labor and Employment Rameshwar Teli gave this information in a written reply in the Lok Sabha.

The Union Minister said that crediting of interest in EPF accounts is a continuous process and after the implementation of the new software, credit is being done in a prescribed manner. He said that due to the new rules related to TDS, the process of depositing interest has been a bit slow.

Check PF balance like this

Balance check from EPFO portal

PF balance can be checked from the official website of EPFO. For this visit www.epfindia.gov.in.
After the window opens, click on the E-PassBook option.
On the new page click on UAN and enter the password.
Enter the captcha code given below and click on the login button.
After login, select the Member ID option and now the passbook will be available in PDF format.

Balance check through SMS or missed call

To check balance through missed call, give a missed call to the number 9966044425 given by EPFO.
After a few seconds of disconnection of the call, the complete details of the account will reach you through the message.
To get information through SMS, a message has to be sent by writing ‘EPFOHO UAN’ to this number.
After sending the message, complete details will be sent by EPFO through SMS. Please tell that information can be taken in 10 languages through SMS.

Keep these things in mind before taking balance

Before taking information about your PF account by EPFO, keep these things in mind that your UAN should be active. Also, UAN should be linked to any of your bank accounts, Aadhaar and PAN.

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EPFO: Lottery of PF employees once again! 80,000 rupees will come in the account on this day

Pravesh Maurya — Tue, 14 Mar 2023 07:28:38 +0000

EPFO: Lottery is going to be held once again for PF employees, the discussion of which is going on fast. It is believed that it is considered possible for the government to announce a strong gift for the PF employees. It is considered possible for the government to announce interest for PF employees soon.

The government will give 8 percent interest for this financial year 2022-23, which although the amount is the lowest in the last forty-three years, but will not be less than a booster dose to deal with inflation. No official announcement has been made by the government to increase the amount of interest, but media reports are making big claims till March 30.

There will be a bumper increase in interest

It is now considered possible to have a meeting between the PF cutting organization EPFO officer and the government soon. It is decided to seal the amount of interest in this meeting itself. This time the government can give 8 percent interest this financial year, which is the lowest amount in the last several years. Nevertheless, this amount is considered to be considerable in inflation.

The government had earlier done the work of paying 8.1 percent interest for the financial year 2021-22. Earlier in the financial year 2020-21, it was announced to give 8.5 percent interest, which was a considerable amount. Now for many years, the graph of continuous decline in the amount of interest is going on.

PF employees will get this amount

If the PF is being deducted while doing a job of a person in your family, then it is believed that soon a big amount will come into the account. If the government announces 8 percent interest, then there will be huge benefit in the account.

If you have 6 lakh rupees lying in your PF account, then it is considered possible to transfer 48 thousand rupees according to 8 percent interest. Apart from this, if you have 10 lakh rupees deposited in your account, then 80 thousand rupees will be given as interest.

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EPFO Higher Pension: 5 major disadvantages of choosing the new option, low interest and…

Pravesh Maurya — Sun, 26 Feb 2023 16:05:06 +0000

EPS 95 Detail : Employees’ Provident Fund Organization (EPFO) has given its account holders a chance to get higher pension after the order of the Supreme Court. Amidst all the discussions, it is discussed that by taking EPC 95, you will get a strong pension.

This is absolutely correct. It is good to get more pension, but what price will have to be paid for it, that too should be known. We are saying this because whatever pension you will get, it will be from your own money. Government or EPFO or your employer company is not going to give any extra money. Understand it like this – even after opting, the same amount will go to the EPF account as it used to go earlier.

Out of that money, it will be possible to give higher pension only by putting less in your PF, and more in EPS (pension). It is clear from this simple thing that for more pension you will have to compromise with the huge lump sum amount that you can get in PF. So,

The Supreme Court has said that the employees who have opened EPF account before September 1, 2014, will be given the option of higher contribution towards higher pension. Ever since the EPFO has released its guideline regarding higher pension, many doubts and questions are being raised among the employees regarding this.

EPFO has said that soon an online link will also be released for choosing higher pension. Through this, employees can opt for higher pension. However, in the previous news we have answered all those questions which may be in your mind. You can clear all your confusion by visiting this given link – Here , Experts say that PF account holders opting for higher pension may have to bear 5 major disadvantages.

1- The money of PF account will ‘fly away’

The biggest and first disadvantage of choosing the new option will be that the money deposited in your EPF account will be transferred to the Pension Fund. This will also end the benefit of compound interest on your PF account. Actually, under the rules of higher pension, a large amount of contribution made by the employer has to be put in the pension scheme. This means that a large part of the amount deposited till now in the PF account will be withdrawn and put in EPS.

2- No facility of lumpsum withdrawal

You do not get the option of lumpsum withdrawal in the Employees Pension Scheme (EPS). It gives your total accumulated amount in the form of pension. If you want, you can try your hand at other government pension schemes like National Pension System (NPS). Here you get market linked returns and you can also withdraw a lump sum amount. Apart from this, the investment made here gives you a rebate of Rs 1.5 lakh under 80C and a further tax rebate of Rs 50,000.

3- Full money of PF account will not be received

Under the current rules of PF, in case of any untoward incident, your nominee (wife-children) gets the entire money deposited in this account. But, in the case of EPS, in your absence, the wife will get only 50 per cent pension. This means that if you get Rs 20,000 as pension, then your wife will get 50 per cent ie Rs 10,000 only, while the children will get 25 per cent ie Rs 5,000 pension.

4- Cannot retire early

The biggest loss for those opting for higher pension in EPS will be that they will not get the option of early retirement. The benefit of EPS scheme is available only when the employee has retired after working till the age of 58 years or has completed 10 years of service.

5- More loss than less interest

In EPS scheme, you also get less interest. This means that the money you have deposited in this item, you will get less return on it. Instead, you get more interest on your PF account. At present, 8.10 percent annual interest is being received on the money deposited in PF.

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PF Rule Change: Big news! Now you will have to pay tax on withdrawing money from pf account before 5 years

Pravesh Maurya — Mon, 06 Feb 2023 07:05:44 +0000

In the country’s general budget, Finance Minister Nirmala Sitharaman has changed the rules related to Provident Fund (PF Account). If the EPFO subscriber has not completed five years of account opening and he withdraws money from his account, then he will have to pay tax now.

TDS will not be deducted if withdrawn after five years. TDS will be deducted on the entire amount withdrawn from the PF account before five years. Not only this, PF contribution of more than Rs 2.50 lakh in a year will come under tax net.

An important change has been made regarding TDS in the budget. If you withdraw money from your PF account after April 1, 2023, now you will have to pay TDS at 20% instead of 30%. Whether your account is linked to PAN card or not. If you withdraw from EPF before 1 April 2023, you will have to pay TDS as before.

TDS is not applicable after 5 years.

If an account holder withdraws money within 5 years, he has to pay TDS. At the same time, no TDS will be levied on withdrawal of money after 5 years. Finance Minister Nirmala Sitharaman had informed in the budget that the limit of Rs 10,000 for TDS has also been removed.

Understand the new rule like this According to media report, tax expert Balwant Jain says that if PAN is not linked to Aadhaar, then PF withdrawal tax will have to be paid if the withdrawal is made before five years of opening the PF or EPF account. If the PF account is linked to the PAN card of the account holder, no TDS will be levied on the withdrawal amount. The amount that will be withdrawn from PF will be added to the total taxable income of the account holder for that year and will be taxed as per the income tax slab of the PF account holder.

Balwant Jain says that if the PF account is not linked to the PAN card of the account holder, then TDS is deducted on the net amount available in his PF account. Currently the TDS rate is 30 percent, which will be reduced to 20 percent from April 1, 2023.

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PF Withdrawal Rules Change: Government has made a major change in the rules for withdrawing money from PF account.

Pravesh Maurya — Thu, 02 Feb 2023 09:03:31 +0000

TDS Rule: Many important announcements have been made by the Modi government in Budget 2023. Through these announcements, announcements have been made by the government keeping in mind the interests of different classes of people.

Along with this, an important announcement has been made by the Modi government regarding PF in this budget. Crores of people are also going to get benefit through this announcement.

Budget 2023

The general budget of the country has been presented by Finance Minister Nirmala Sitharaman on 1 February. Many big announcements have been made in this budget by the Finance Minister. Along with this, an important announcement has also been made regarding Provident Fund (PF) in the budget. This announcement is going to benefit those people, who are about to withdraw from PF account.

TDS rate According to the budget speech of Finance Minister Nirmala Sitharaman, earlier TDS of 30 percent had to be paid on withdrawal from EPF. However, now a proposal has been made by the government to reduce it. Now 20 percent TDS has been proposed by the government on EPF withdrawal. In such a situation, now people will have to pay only 20 percent TDS on withdrawing money from EPF.

People are going to get a lot of benefit by cutting TDS on withdrawal from PF Niksi EPF. The reduction in TDS rate on EPF withdrawal will help those individuals whose PAN number is not updated with the records in EPFO. At the same time, the requirement of tax deduction at the maximum marginal rate on PF withdrawal for non-PAN holders has been removed to provide some relief to income earners in low income slabs. Such persons will now be subject to TDS at 20%. At the same time, the new rule will be applicable from 1 April 2023.

EPF As per the current income tax laws, TDS is deducted on EPF withdrawal if the money is withdrawn within 5 years of opening the EPF account. If PAN is available with EPFO, TDS is deducted at the rate of 10% if the withdrawal amount exceeds Rs.50,000. However, if PAN is not available, TDS is deducted at 30%.

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EPFO Account Holder: Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Pravesh Maurya — Wed, 25 Jan 2023 13:29:44 +0000

Employees Provident Fund: Great news is going to come by the end of this month for 7 crore subscribers of Employees’ Provident Fund Organization ie EPFO. The government is going to transfer the interest for the financial year 2022 to the account of EPF account holders.

Let us tell you that this time interest will be available at the rate of 8.1 percent. According to the information received so far, the Employees’ Provident Fund Organization has calculated the interest received in the PF account in the financial year 2022. Soon it will be transferred to the account of the account holders. This time a total of Rs 72,000 crore deposited in the account of the government will be sent to the account of the employed.

When will the money be transferred?

It is worth noting that last year people had to wait 6 to 8 months for interest. But, last year due to Covid, the atmosphere was different. This year the government will not delay. According to media reports, interest money can be transferred to the account by the end of this month. This year’s interest is at the lowest level in 40 years.

The calculation of interest is quite simple

If you have Rs 10 lakh in your PF account then you will get Rs 81,000 as interest.
If you have Rs 7 lakh in your PF account, you will get Rs 56,700 as interest.
If you have Rs 5 lakh in your PF account, then Rs 40,500 will come as interest.
If you have one lakh rupees in your account, then 8,100 rupees will come.

1. Know Balance from Missed Call

To check your PF money, you have to give a missed call on 011-22901406 from your registered mobile number. After this, you will get the details of PF through the message of EPFO. Here also it is necessary to have your UAN, PAN and Aadhaar linked.

2. Check Balance Online

1. To do online balance check, log on to the EPFO website, click on e-passbook at epfindia.gov.in.
2. Now on clicking on your e-passbook, a new page will come to passbook.epfindia.gov.in.
3. Now here you fill your username (UAN number), password and captcha
4. After filling all the details, you will come to a new page and here you will have to select the member ID.
5. Here you will get your EPF balance on the e-passbook.

3. Balance can also be checked on UMANG App

1. For this, you open your UMANG App (Unified Mobile Application for New-age Governance) and click on EPFO.
2. Now on the other page, click on Employee-centric services.
3. Here you click on ‘View Passbook’. With this, you fill your UAN number and Password (OTP) number.
4. OTP will come on your registered mobile number. After this you can check your PF balance.

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EPFO: Any stuck work related to PF will be completed immediately, complain through this process!

Pravesh Maurya — Wed, 18 Jan 2023 14:05:47 +0000

EPFO Complaint Process: If you also have any problem or complaint related to EPF account, then you can lodge a complaint through EPFO portal.

The Employees Provident Fund organization keeps on depositing funds for the retirement of the employees. This fund is deposited in the EPF or PF account from the salary of the employees and on behalf of the companies. The government also pays annual interest on this deposit. Now online facility has been given to check this amount, withdraw or do any other kind of work.

If a company does not deposit the PF money of the employees or if you have any kind of problem under this account, then you can file a complaint about it.

This complaint can be made on the EPFO portal itself under the EPF i-Grievance Management System (EPFiGMS). Let us know how you can file a complaint under your account. The EPFiGMS portal also allows EPF subscribers to view the status of open complaints and requests. The complaint can be filed only by PF member, EPS pensioner, employer and people connected with EPF.

To register a complaint, you have to go to epfigms.gov.in. Here click on ‘Register Grievance’ and now click on Status. After this enter UAN and password and go to gate details. Now enter OTP and complete the verification.

Now enter name, gender, contact information, pin code, state and other personal information. Now click on Grievance Details in PF account number. Now choose the complaint type. Now upload the documents by clicking on Choose File. Now your complete information will be visible in Grievance Details. After registering the complaint, you will be sent a mail from EPFO.

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PF Interest Deposit: Date Confirm…! PF interest money will be deposited in PF account on this day

Pravesh Maurya — Mon, 16 Jan 2023 11:29:08 +0000

PF Interest Credited: The year 2022 is over and the new year has started but till now interest money has not come on PF. Employees Provident Fund Organization or EPFO (EPFO) customers have been waiting for their PF interest for a long time.

According to media reports, the government can transfer interest money (PF Interest) on PF by the end of January i.e. before the budget. However, no official announcement has been made by the government in this regard.

It is expected in media reports that by the end of January, the government can give interest at the rate of 8.1 percent on EPF deposits. Right now the interest on EPF is almost equal to the interest on bank FD. If you are also waiting for interest on PF account then you can easily check PF balance.

Balance can be checked through SMS

If your UAN is registered with EPFO then you can get information about your latest contribution and PF balance through SMS. For this, you have to send EPFOHO UAN ENG to 7738299899. The last three characters are for the language. If you want information in Hindi, you can send it by writing EPFOHO UAN HIN. This SMS has to be sent from the registered mobile number of UAN.

You can also know the balance of PF through missed call.

You can give a missed call on 011-22901406 from your registered mobile number. After this, a message will be received from EPFO, in which the details of your PF account will be found. This call has to be sent from the registered mobile number of UAN.

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Good news for EPFO subscribers, now the option to increase pension will also be available in the account

Pravesh Maurya — Sat, 07 Jan 2023 16:28:48 +0000

EPFO (Employees Provident Fund Organisation), the system managing Retirement Funds, has ordered from its regional office to implement the Supreme Court’s order dated November 4, 2022, in which more pension option is available to eligible subscribers.

Instructions were given to do so. In the circular issued by the Employees’ Provident Fund Organization (EPFO) on December 29, the Central Government has ordered the implementation of the Supreme Court’s directions. The Regional Offices have been asked to implement the directions contained in para 44 (9) of the Supreme Court’s judgment dated November 4, 2022, within the prescribed time limit.

Along with this, the regional offices will also have to give adequate publicity to the decision taken by the EPFO.

There was an increase in the pensionable salary limit

Earlier, the Supreme Court had upheld the Employees Pension (Amendment) Scheme 2014 in its decision. The EPS revision (August 2014) raised the pensionable salary limit from Rs 6,500 per month to Rs 15,000 per month. In addition, members were allowed to contribute 8.33 per cent of their actual salary (if it exceeds the limit) to the EPS along with their employers.

In this, all EPS members were given 6 months to opt for the revised scheme. In its order, the apex court had given 4 months more time to the eligible subscribers to opt for higher pension option under EPS-95.

When can the money deposited in PF account be withdrawn?

After retirement, you can withdraw the money deposited in your PF account anytime. Apart from this, you can withdraw the entire amount of your EPF even after 2 months of leaving the job. If you have lost your job and you are unemployed for 2 months, then even in such circumstances you can withdraw the entire amount of PF.

However, if you want to make partial withdrawal of PF while working, then you have to follow some rules. Money deposited in PF account is received within 3 to 7 days (Working Days) of the application.

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PF account: Big news! Know the money deposited in PF before the end of the year, otherwise…

Pravesh Maurya — Fri, 30 Dec 2022 13:05:18 +0000

The year 2022 is going to end soon. And the year 2023 is going to start soon. In such a situation, people must be completing some of their pending work in the last days of this year.

Along with this, by the end of this year, how much money has been deposited in your PF account, it should also be known. At the same time, employed people also get the option of saving through PF account.

PF account

where as now balance can be checked in PF account online also. Provident Fund ie PF account holders no longer need to go anywhere to check their balance in the account. Employees can check their balance online with the help of just a few clicks. Along with this, you can also see how much interest has been deposited in your account.

Through PF balance

EPFO online service, working class people can easily check their PF balance sitting at home. At the same time, to check PF balance online, the balance can be checked by visiting EPFO’s website. It also has a process. Let us know how you can check the amount deposited in PF account online.

Check PF balance from EPFO portal like this

Go to the official website of EPFO and click on the service tab.
Now click on the ‘For Employee’ section.
After this click on ‘Member Passbook’.
Now login by entering UAN and password.
Now complete information will come in front of you and balance can be checked.

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Employee Pension formula: How much pension you will get after retirement, understand the calculation with this easy formula

Pravesh Maurya — Tue, 27 Dec 2022 11:29:46 +0000

Employee Pension Scheme: EPFO provides many facilities to the employees working in the private sector. EPS is a pension scheme run by EPFO. Actually, every month 12 percent of the employee’s basic salary + DA is deposited in the PF account.

The employer’s contribution is also the same. Out of this, 8.33% goes to the employee’s pension fund (EPS Fund) and the remaining 3.67% goes to the PF account. After the age of 58, the employee gets the amount deposited in the PF account in lump sum, but the amount of his PF is decided under a formula based on his contribution. Let us tell you what is that formula and how much pension will you get after retirement? Learn its calculation here.

This is the pension formula

The formula for how much pension you will get after retirement is – Monthly salary of the employee = Pensionable salary X Pensionable service /70. According to the existing rules, 8.33% of the salary of any employee is deposited in his pension account. However, the maximum limit of pensionable salary is 15 thousand rupees. In this case, if a person’s salary is Rs 15000, then 15000 X 8.33 / 100 = Rs 1250 will go to his pension account every month.

Now if the calculation is done according to the pension formula, then if someone’s monthly salary (average salary of the last 60 months) is Rs 15 thousand and the duration of the job is 20 years, then 15000X 20/70 = Rs 4286 will be the monthly pension.

On the other hand, if the duration of the person’s job is 25 years, then 15000 X 25/70 = Rs 5357 and if the duration is 30 years, according to this formula, his monthly salary will be Rs 6428. If the limit of 15 thousand is removed and your salary is 30 thousand, then the pension you will get according to the formula will be this. (30,000 X 30)/70 = 12,857

These are the essential conditions for pension

Must be an EPF member.
It is necessary to stay in regular job for at least 10 years.
Pension is available at the age of 58 years. Option to take pension after 50 years and even before the age of 58.
On taking the first pension, the reduced pension will be given. For this Form 10D has to be filled.
On the death of the employee, the family gets pension
If the service history is less than 10 years then they will get the option to withdraw the pension amount at the age of 58 years.

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PF account: Big news! PF account will be closed! If Aadhaar is not linked with PAN before this date

Pravesh Maurya — Tue, 27 Dec 2022 05:31:37 +0000

If you are employed and contribute to EPF account, then it is very important for you to link Aadhaar with PF account. Recently, the central government has made it mandatory to link Aadhaar with PF account.

Link Aadhaar Card with PAN before this date

If you do not link your Aadhaar with PF account, then you may be deprived of many facilities related to PF account. The Employees’ Provident Fund Organization has fixed March 31, 2023, for all PF account holders to link Aadhaar with PAN. If you are not able to do this within this time limit, then your PF account can also be deactivated.

Now it has been made mandatory to link Aadhaar with PAN card, driving license and other documents. Now you can link your Aadhaar with PF account while sitting at home. The process of linking Aadhaar with PF account is very easy.

Link Aadhaar with PF account like this

To link Aadhaar with PF account, first you have to visit the official website of EPFO https://unifiedportalmem.epfindia.gov.in/memberinterface/ .

After this you have to log in here through UAN number and password.

After logging in, many options will appear on your screen.

After this you have to click on the option of ‘KYC’ available here.

After this, you will see many options, out of which you will have to click on the option of Link Aadhaar.

After this you will have to enter the Aadhaar card number here and then click on the save option.

After completion of all this process, you have to click on the option of ‘Submit’.

After this UIDAI will verify the information given by you and link your Aadhaar with PF account.

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PF Interest Credited ! Good News: Employees will get Rs, 40,000 interest in PF account, know its full details

Pravesh Maurya — Tue, 20 Dec 2022 12:04:02 +0000

PF Interest: Employees’ Provident Fund Organization (EPFO) is going to give a good news to its PF account holders soon. Let us tell you that soon the employees can get 40 thousand rupees in their account. The PF account holder who has Rs 5 lakh deposited in his account is expected to get an interest of Rs 40 thousand in his account. The information about whether the money has come in the account or not can be taken sitting at home.

Money can be transferred to the account soon:

Most of the employees of the country have their own PF account in which they contribute every month. If your PF money is deducted from your salary, then soon a large amount can be transferred to your account. At present, the PF account of more than 6 crore employees is present across the country.

Who will get this benefit:

Employees’ Provident Fund Organization (EPFO) KK will transfer PF interest money to the employees’ account very soon. In such a situation, those employees whose PF account has Rs 5 lakh deposited, they can get 40 thousand rupees as interest. According to media reports, the interest amount will be transferred to the PF account soon.

Check PF account balance sitting at home:

To check the balance of PF account, you have to visit the website epfindia.gov.in.
Then click on the option ‘Click here to know your EPF balance’.
After this, through the redirect link, you have to go to the page of epfoservices.in/epfo/.
– There you have to click on the option of ‘member balance information’.
Then the PF account number and registered mobile number have to be entered there.
After this, after selecting your state, you have to click on the website link of your state’s EPFO office.
Finally, click on the option of ‘Submit’.
After completing this process, you will be able to see your PF account balance on the screen.

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PF Account Holders: EPFO issued alert before new year! Refused to deposit money in this way

Pravesh Maurya — Mon, 19 Dec 2022 12:03:06 +0000

PF Account: Many schemes are being run by the government for the benefit of the people. The aim of the government through these schemes is to do welfare of the people.

At the same time, the government also encourages people to save. In this sequence, many schemes are being run by the government for many years. There is also a scheme EPF in these. This scheme is being run by the Central Government for the employed people.

However, now in the name of this scheme, many thugs are also cheating people. EPFO Actually, on the basis of many schemes of the government, the work of cheating people is being done through fraudsters. On the other hand, thugs bring people into their talks in such a way that they become victims of fraud and also get their financial losses done.

#EPFO never asks its members to share their personal details like Aadhaar, PAN, UAN, Bank Account or OTP over phone or on social media.#amritmahotsav #alert #StaySafe #stayalert pic.twitter.com/yQAjVWzmqh

— EPFO (@socialepfo) December 11, 2022

At the same time, to avoid any kind of financial loss, EPFO has issued a warning. PF Login In the past, many such cases have been seen in which thugs are executing incidents of cheating people in the name of EPFO. Regarding which now EPFO has alerted the people and has asked to beware of these thugs. Along with this, it has been forbidden to send the wrongly demanded amount.

PF Account Balance

It has been said by tweeting from EPFO that EPFO never asks for personal information like Aadhaar, PAN, UAN, bank account or OTP etc. through phone, social media, WhatsApp etc. from its members. EPFO never asks to deposit any amount through WhatsApp, social media etc. for any service.

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EPFO Account Holder Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Pravesh Maurya — Wed, 14 Dec 2022 12:28:13 +0000

When will the money be transferred?

The calculation of interest is quite simple

1. Know Balance from Missed Call

2. Check Balance Online

3. Balance can also be checked on UMANG App

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PF Account Merge Process: You have more than one PF account, then merge it like this sitting at home

Pravesh Maurya — Wed, 14 Dec 2022 07:37:53 +0000

PF Account Merge Process: If you have more than one PF account, then you should immediately merge both the accounts together. The process of merging EPF account is very simple and you can do it online from home . After merging more than one PF account into one, you will get an increase in the interest amount received on it . Apart from this, if you merge your PF accounts, it will eliminate the need for repeated login and updating of different accounts.

Explain that with merging, you can make it easier to track your expenses and income tax return. If you start a new job in another company and give your old UAN number to them, then your old PF account cannot be linked to the new account, but the amount deposited in the previous PF account will not be transferred to the new account. In such a situation, to add the old fund to the new account, the PF account will have to be merged.

How to merge pf account

First of all, you have to go to the member service portal https://unifiedportal mem.epfindia.gov.in.
Select ‘One Member One EPF Account (Transfer Request)’ under the ‘Online Services’ tab.
Your personal details will appear on the screen. It will also show the details of the EPF account maintained with your current employer, in which the transfer-in from the previous account will be done.
To transfer the old/previous PF account, you need to get it verified by the previous employer or your current employer.
Enter previous PF account number or previous UAN number. Click on ‘Get Details’. Now the details related to your previous EPF account will appear on the screen.
After this click on ‘Get OTP’.
A one time password will be sent to your registered mobile number.
Enter OTP and click on submit.

Your request for merge of EPF account will be submitted successfully. Your current employer will then need to approve the submitted merger request. Once your employer approves it, EPFO officials will process and merge your previous EPF account. To find out about the status of the merge, you can check by visiting the portal.

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PF Interest Credited ! Good News: Employees will get Rs, 40,000 interest in PF account, know its full details

Pravesh Maurya — Sat, 10 Dec 2022 14:29:44 +0000

Money can be transferred to the account soon:

Who will get this benefit:

Employees’ Provident Fund Organization (EPFO) will transfer PF interest money to the employees’ account very soon. In such a situation, those employees whose PF account has Rs 5 lakh deposited, they can get 40 thousand rupees as interest. According to media reports, the interest amount will be transferred to the PF account soon.

Check PF account balance sitting at home:

To check the balance of PF account, you have to visit the website epfindia.gov.in.
Then click on the option ‘Click here to know your EPF balance’.
After this, through the redirect link, you have to go to the page of epfoservices.in/epfo/.
– There you have to click on the option of ‘member balance information’.
Then the PF account number and registered mobile number have to be entered there.
After this, after selecting your state, you have to click on the website link of your state’s EPFO office.
Finally, click on the option of ‘Submit’.
After completing this process, you will be able to see your PF account balance on the screen.

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PF Account: Good News! 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Pravesh Maurya — Fri, 09 Dec 2022 09:28:50 +0000

When will the money be transferred?

It is worth noting that last year people had to wait 6 to 8 months for interest. But, last year due to Kovid, the atmosphere was different. This year the government will not delay. According to media reports, interest money can be transferred to the account by the end of this month. This year’s interest is at the lowest level in 40 years.

The calculation of interest is quite simple

1. Know Balance from Missed Call

2. Check Balance Online

3. Balance can also be checked on UMANG App

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Merging PF accounts: Merge PF account easily online from home, know the easy way

Pravesh Maurya — Tue, 06 Dec 2022 11:14:27 +0000

Merging PF Accounts: Many times due to change of job, people have many PF accounts. When you start a job at a new place, the new company asks you for your UAN, linking it creates a new EPF account for you and then deducts the EPF money from your salary to merge the two old EPFO accounts.

For this, you have to visit the EPFO website and select One Employee-One EPF account in the service tab. You can easily merge your PF account with the help of online sitting at home. If you also want to merge your PF account with the help of online, then let us know all the details about it.

Why is it important to merge two PF accounts?

When you open a new PF account with the old UAN number at the time of joining the new company, then your funds deposited in the old companies are not added to the new PF account. You will have to merge them so that the old funds are also added to your new PF account.

How to know UAN?

If you do not know your UAN number, you can find it online. For this you have to go to ‘ https://unifiedportal-mem.epfindia.gov.in/memberinterface/ ‘.
Here click on the Employee Linked section on the right side and then click on ‘Know your UAN’ number.
After this you have to fill the registered mobile number and captcha code.
After this click on Request OTP.
Now a page will open in front of you.
On this you will have to fill your PF account number and captcha.
Aadhaar or PAN number will have to be entered along with the date of birth.
After this click on ‘show my UAN number’, you will get your UAN.

In how many days does the PF account get closed?Employees’ Provident Fund Organization (EPFO) maintains your account for 36 months. If there is no transaction in your PF account for 36 months, then your account will automatically be closed. EPFO puts such accounts in these operative categories. This means that your account is no longer operational.Know your UANYou should know your UAN i.e. Universal Account Number. With this, you can take advantage of all kinds of online facilities related to your Provident Fund. Learn the easy way to know UAN.What is the method of linking two or more EPF accounts?

First of all go to EPFO’s member service portal https://unifiedportal-mem.epfindia.gov.in.
Select ‘One Member – One EPF Account (Transfer Request)’ under the ‘Online Services’ tab.
Your personal details will be reflected on the screen. In this, the new account created by your current employer will also be listed.
You will have to attest the old or new employer to link the old account with the new account. It would be better to get it done from the new employer only. Enter your old member ID, old PF account number and old UAN and then click on ‘Get Details’. your old epf
Click on ‘Get OTP’. OTP will come on your registered mobile number, enter it and submit.
Your request will be submitted. Your current employer has to approve it. After which EPFO will merge your old account with the new account. You will have to check your merger status later.

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EPFO Account Holder Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Pravesh Maurya — Mon, 05 Dec 2022 11:05:59 +0000

When will the money be transferred?

The calculation of interest is quite simple

1. Know Balance from Missed Call

2. Check Balance Online

3. Balance can also be checked on UMANG App

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EPFO New Rules: Big News! Now interest will be available even after the account is closed, check details immediately

Pravesh Maurya — Tue, 29 Nov 2022 14:29:20 +0000

EPFO has made a special rule for the employees, in which now even after the account is closed, the employees will get the interest received in EPFO, which will greatly benefit the employees, let us know.

Crores of account holders are connected under the Employees Provident Fund Organization (EPFO) in the country. Employees are given interest every year under PF account. Right now 8.1 percent interest is being given by the Central Government (Central Employees). Interest money is released only under those accounts which are currently active (epfo login), but do you know that even if your EPF account is deactivated, it will earn interest?

Before knowing about this, you should know about EPF. EPF Account ie PF account is opened for employed people, on which equal contribution is made from both the company and the employee. Interest is given to the government on the money deposited in it. Money can be withdrawn from the EPF account at the time of emergency. However, if you do not withdraw money from this account in between, then at the time of retirement you can raise a good fund.

Will interest be given on closed PF account also ?

If you are an EPF account holder, then you will be given interest every year. Although a decision was taken in FY 2013 that if a member has not contributed to EPF for three years, then his interest money should be withheld, but this decision was withdrawn in 2016. This means that interest will be paid on all accounts.

When and how interest will not be available in EPF account

If the entire money has been withdrawn from the account and it is not being used then interest will not be paid on it. On the other hand, even if the retirement period of EPF account has been completed, interest will not be given. Also, the age of the account holders is 58 years and the balance of EPF has not been calculated for a long time, then the amount of interest will not be given.

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EPFO News: Pension of EPFO subscribers will increase! Government gave a big statement

Pravesh Maurya — Sun, 27 Nov 2022 14:28:35 +0000

Finance Minister: There is big news for EPFO subscribers. A parliamentary committee will seek an explanation from the Finance Ministry for turning down the Labor Ministry’s proposal to increase the pension of Employees’ Provident Fund Organization (EPFO) subscribers from the current Rs 1,000 per month.

EPFO News: Important news for EPFO subscribers. The government has made an important announcement for the subscribers of the Employees’ Provident Fund Organization (EPFO). Although this news may disappoint you. Actually, the government has rejected the proposal to increase the pension of Employees’ Provident Fund Organization (EPFO) subscribers. After this, a parliamentary committee will seek an explanation from the Finance Ministry for turning down the Labor Ministry’s proposal to increase the pension from Rs 1,000 per month.

EPFO subscribers got a shock

Top officials of the Labor Ministry and EPFO on Thursday briefed the Parliamentary Standing Committee on Labor headed by BJD MP Bhartrihari Mahtab about the operation of the EPF pension scheme and management of its funds. Officials informed the committee that the finance ministry was not agreeable to the labor ministry’s proposal for any increase in the monthly pension. After this, the committee has now decided to call the top officials of the Finance Ministry to seek clarification regarding this subject.

In fact, the committee in its report had recommended increasing the minimum monthly pension payable to member/widow/widower pensioners by at least Rs 2,000. In view of the rising inflation, the committee had given this proposal.

Pension Scheme Changes

Significantly, the EPFO has agreed to withdraw deposits under the Employees’ Pension Scheme 1995 (EPS-95) for employees retiring in less than six months. As of now, Employees’ Provident Fund (EPFO) subscribers are allowed to withdraw deposits from the Employees’ Provident Fund account only if they have less than six months of remaining service. This decision means that now the subscribers of EPFO will be able to withdraw money from the pension fund as well.

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EPFO Pension Big News: Government rejected the proposal to increase pension, now it will happen

Pravesh Maurya — Mon, 21 Nov 2022 18:00:46 +0000

EPFO Pension: If you are employed and have a PF account, then this news is of your use. The proposal to increase the pension of Employees’ Provident Fund Organization (EPFO) subscribers has been rejected by the government.

Actually, there has been a demand to increase the pension of PF subscribers for a long time. But the Finance Ministry has rejected the Labor Ministry’s proposal in this regard.

Proposal to increase the pension from Rs 1000 per month The proposal to increase
the existing pension of PF subscribers from the existing Rs 1,000 per month was given by the Ministry of Labor. The parliamentary committee will seek clarification from the Finance Ministry in this regard. However, it could not be found that how much pension has been proposed by the Ministry of Labor?

Top officials of the Ministry of Labor and EPFO informed the Parliamentary Standing Committee on Labor, headed by BJD MP Bhartrihari Mahtab, about the operation of the EPF Pension Scheme and the management of its funds. Officials told the committee that the finance ministry did not agree to the labor ministry’s proposal for any increase in monthly pension.

The committee has now decided to call top officials of the Finance Ministry to seek clarification regarding this move. The committee in its report had recommended to increase the minimum monthly pension payable to the member/widow/widow pensioner by at least Rs.2,000.

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EPFO Update: PF account holders are getting the benefit of Rs. 700000, apply like this

Pravesh Maurya — Sun, 20 Nov 2022 11:01:52 +0000

Do you know that PF account holders are getting the benefit of 7 lakhs and thousands of account holders are taking advantage of it. If you also want to take advantage of it, then you have to do this work. Let us know.

Crores of people across the country work in the organized sector. A part of the salary of these people is deducted as PF and deposited in the account of Employees Provident Fund Organisation. The amount deposited in the EPFO account is a great support for every salaried person, which he can use in bad times or after retirement. After completing the age of 60 years, the account holders get permission to withdraw all the money from the PF account. The government guarantees the money deposited in this account. In such a situation, it is a completely risk free investment.

To provide insurance facility to its employees, EPFO also gives a benefit of Rs 7 lakh to the account holders under the Idli scheme. Now the question must be arising in your mind that what is the idli scheme. The full form of Idli is Employee Deposit Linked Scheme. Under this scheme, every account holder gets insurance of Rs 7 lakh. Now we tell you who get the benefit of this insurance and how it can be claimed.

Know what is EDLI scheme and who gets the benefits

Under the Employee Deposit Linked Insurance Scheme (EDLI Scheme), every PF account holder gets accident insurance of Rs 7 lakh. If a PF account holder dies unfortunately, then in such a situation his family can get an insurance claim of up to Rs 7 lakh. Under this scheme, a claim of 35 times the monthly salary of the employee or up to a maximum of Rs 7 lakh can be received. The legal heir or nominee gets the right to take advantage of this scheme. EPFO often advises its account holders to update the nominee so that there is no problem in getting money in case of an emergency. The purpose of this scheme is that it can provide financial assistance to the family members of any PF account holder in case of accidental death.

Why is it necessary to have a nominee?

EPFO always advises to update the nominee so that in case of sudden death of an account holder, in such a situation, there is no problem in claiming the money lying in the PF and the EDLI scheme. Nominee can easily take advantage of EPF, EPS and EDLI schemes. In the absence of a nominee, the legal heir will first have to get the Succession Certificate made. Only after this he can claim this money. All this work takes a lot of time and trouble. In this case, always keep the nominee updated in the account.

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EPFO Account Holder Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Pravesh Maurya — Sat, 19 Nov 2022 14:29:07 +0000

When will the money be transferred?

The calculation of interest is quite simple

1. Know Balance from Missed Call

2. Check Balance Online

3. Balance can also be checked on UMANG App

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Pension Withdrawal Rules: Employees can withdraw pension money before retirement, know new rules

Pravesh Maurya — Fri, 11 Nov 2022 10:04:26 +0000

Like Employees’ Provident Fund (PF), now the amount deposited in the Pension Scheme (Employees’ Pension Scheme EPS-95) will also be able to withdraw six months before retirement. EPFO has decided to relax the rules.

What changes in pension withdrawal rules? Who benefits how much?

EPFO decided to allow withdrawal of deposits in Employees’ Pension Scheme-1995 (EPS-95) for those account holders who have only less than six months of service left. This facility will help the pensioners to get more pension at the time of calculation of retirement benefits.

CBT recommends changes in EPS-95 scheme-

In a statement issued by the Ministry of Labor, it has been said that the Central Board of Trustees (CBT), headed by Union Labor Minister Bhupendra Yadav, in its 232nd meeting held on Monday, has recommended to the government to make some amendments in the EPS-95 scheme.

Now there is a facility to withdraw PF before retirement-

At present, members of the Employees’ Provident Fund Organization (EPFO), who have less than six months of service left, can withdraw the amount deposited in their PF account…..then will get more pension?

The board has recommended proportionate pension benefits to the members who are in the scheme for more than 34 years.

Where to invest after retirement?

After retirement, senior citizens are generally looking for such a place of investment from where they can get regular income. There are options like Senior Citizen Savings Scheme, Pradhan Mantri Vaya Vandana Yojana, Fixed Deposit with Bank, Special Term Deposit, Reserve Bank’s Floating Rate Savings Bonds 2020 (Taxable), Post Office Monthly Income Scheme and Post Office Time Deposit Account.

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EPFO Account Holder: Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Pravesh Maurya — Sun, 06 Nov 2022 21:05:47 +0000

Employees Provident Fund: Great news is going to come by the end of this month for 7 crore subscribers of Employees’ Provident Fund Organization ie EPFO. The government is going to transfer the interest for the financial year 2022 to the account of EPF account holders.

When will the money be transferred?

The calculation of interest is quite simple

1. Know Balance from Missed Call

2. Check Balance Online

3. Balance can also be checked on UMANG App

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Great news! EPFO Interest money credited in PF account, you should also check your balance

Pravesh Maurya — Sat, 05 Nov 2022 04:06:24 +0000

Good news has come out for the beneficiaries of Employees’ Provident Fund Organization (EPFO). EPFO has started crediting the interest account holders account for the financial year 2021-22.

Good news has come out for the beneficiaries of Employees’ Provident Fund Organization (EPFO). EPFO has started crediting the interest account holders account for the financial year 2021-22. After which now soon the interest money will start reflecting in the account of 7 crore subscribers of EPFO. EPFO has recently tweeted this information. If you are also employed and your PF is deducted, then you can check your Provident Fund balance in these 4 ways.

Significantly, at the beginning of the month, the Finance Ministry said that the EPFO interest amount is being deposited in the accounts of Employees’ Provident Fund subscribers. But this happened because the software had to be upgraded. The ministry said that no customer has suffered any loss of interest amount.

1. Check balance through SMS in this way

If your UAN is registered with EPFO, then your latest contribution and PF balance information can be received through a message. For this you have to send EPFOHO UAN ENG to 7738299899. The last three letters are for language. If you want information in Hindi then you can send it by writing EPFOHO UAN HIN. The service is available in English, Punjabi, Marathi, Hindi, Kannada, Telugu, Tamil, Malayalam and Bengali. This SMS should be sent from the registered mobile number of UAN.

2. Check Balance Through

Missed Call You give a missed call on 011 22901406 from your registered mobile number. After this you will get a message from EPFO in which you will get the details of your PF account. For this, it is necessary that the bank account, PAN and Aadhaar should be linked with UAN.

3. Through EPFO

>> You have to go to EPFO for this.
>> Click on Employee Centric Services here.
>> Now click on View Passbook.
>> To view passbook you have to login with UAN.

4. Through UMANG App

>> Open your UMANG App (Unified Mobile Application for New age Governance) and click on EPFO.
>> You have to click on Employee centric services on another page.
>> Click on View Passbook here.
>> Enter your UAN number and Password (OTP) number.
>> OTP will come to you on your registered mobile number.
>> After this you can check your PF balance.

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EPFO: Good News! PF interest amount credited in the account of PF account holders, check immediately

Pravesh Maurya — Thu, 03 Nov 2022 09:28:57 +0000

EPF Balance Check: There is good news for PF account holders. Employees Provident Fund Organization ie EPFO has started putting interest money in the account of 7 crore subscribers, so check whether your account has received money or not.

There is good news for PF account holders. Employees’ Provident Fund Organization (EPFO) has started putting interest money in the account of 7 crore subscribers. The government is transferring the interest for the financial year 2022 to the account of EPF account holders. Let us tell you that this time the interest is getting at the rate of 8.1 percent.

How to calculate interest-

1. Know the balance like this from Missed Call-

2. Check balance online like this-

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EPFO Account Holder Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Pravesh Maurya — Wed, 02 Nov 2022 16:29:41 +0000

When will the money be transferred?

The calculation of interest is quite simple

1. Know Balance from Missed Call

2. Check Balance Online

3. Balance can also be checked on UMANG App

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Good news for employees, up to Rs. 40,000 will be paid, the amount in the account will increase in September!

Pravesh Maurya — Wed, 02 Nov 2022 12:02:45 +0000

There is a big update for more than 7 crore employees (EPFO Employees). In fact, soon the amount in the account of people working in the organized sector will increase. Interest transfer will be done for the financial year 2022 in the PF account of the employees. According to the same media report, the interest amount will be transferred to the PF account by the second week of September.

This time the interest is being paid by the government at the rate of 8.1%. However, this interest rate is the lowest in the last 40 years. Despite this, the employees have been waiting for the payment of PF for a long time. Meanwhile, EPFO has given big information. If the account holders want their entire interest amount in the account, then they have to take special care of some things. Otherwise, they may have to face loss in the amount of interest.

In fact, lakhs of employees working in the private sector change their jobs every few months. After joining a new job, employees open new PF accounts in the new company from their old UAN. In such a situation, the money of the new company comes in the account and the amount stops coming in the old PF account. In such a situation, the employees may have to bear the loss of interest amount due to not getting the account done.

In such a situation, EPFO has advised the employees to link all the accounts together. In doing so, interest can be paid on the amount collected in all the accounts. If the amount is more, the interest will also be higher.

PF account can be merged as soon as the UAN number is activated by the employees.

To merge PF account, visit the official website of EPFO.
Click on Services to login.
Click on Apply 1 EPF Account
a form will open
Enter registered mobile number
Enter the OTP number and the old PF account will be displayed as soon as you enter the OTP
accept submit
After sending the information, the account will be merged in a few days.

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EPF Withdrawal: Withdraw money from PF account? Know whether tax will be levied or not, what is the rule of taxation

Pravesh Maurya — Wed, 02 Nov 2022 06:29:12 +0000

With some conditions on the PF account, you have the exemption that you can withdraw money even earlier, but you should know whether you will have to pay tax on EPF Withdrawal or not.

The Provident Fund scheme run by EPFO is one of the biggest investment tools to build retirement corpus. Salaried employees have to deposit PF money from their salary, and in this along with the contribution of the employee, your money keeps on investing in this government scheme.

Technically this is your retirement fund, which you can completely withdraw after one age. However, with some conditions, you have the exemption that you can withdraw money from your PF account even earlier, but you should know whether you will have to pay tax on EPF withdrawal or not.

Let us know some such conditions where you have to pay tax on withdrawing money from EPF-

1. Withdraw money before 5 years

If you withdraw money from the PF account before the completion of five years of contribution, then you have to pay TDS on it. For this, you must be in service for 5 consecutive years. In this, both the new and old employers have a count regarding your tenure. If you transfer your EPF balance from the old employer to the new employer after completion of five years or more, then TDS is not deducted on your fund.

2. The job has been temporary in these five years

If you have been working on contract somewhere within five years, then your PF will not be credited, your employer does not have to contribute to your PF. But let’s say that after some time you become permanent in the job and your PF starts deducting. You leave this job after completing 5 years. And now if you have to transfer your EPF balance elsewhere, then it will be taxed because, out of the five years you have completed, you have spent some part of it in a temporary position.

3. Your fund is not recognized

A Provident Fund that has not received approval from the Commissioner of Income Tax is considered invalid for tax exemption. It may have been approved by the Provident Fund or any other institution, but you need approval from the Income Tax Commissioner to get the exemption on withdrawal after 5 years. If you are a member of URPF, then your withdrawal is taxed whether you have completed five years or not.

Understand taxability from the chart

1. Withdraw less than Rs.50,000 before completing 5 consecutive years in service	TDS will not be deducted, but if the person falls in the taxable bracket, then he will have to show the EPF withdrawal in his return of income.

2. If you withdraw more than Rs 50,000 before completing 5 consecutive years in service	10% TDS will be deducted on giving PAN. That too will not be deducted on submitting Form 15G/15H.

3. If you withdraw from EPF after completing five years	TDS will not be deducted. He will also not have to show this withdrawal in the return of income.

If you want to transfer PF money from one account to another on change of job	TDS will not be deducted. It will not have to be shown in the return of income, as it is not taxable.

If you have to leave the job for some reason before completing five years in service / the reason for withdrawing money is outside your bus.	TDS will not be deducted. It will not have to be shown in the return of income, as it is not taxable.

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PF Interest Credited: EPFO has started transferring interest in PF account, check your balance soon

Pravesh Maurya — Tue, 01 Nov 2022 13:05:36 +0000

PF interest credit for 2021-22 news: EPFO has started transferring interest money to your PF account (Employee Provident Fund – EPF). The Employees’ Provident Fund Organization (EPFO) has started the process of depositing interest for 2021-22 from tomorrow, Monday 31 October. EPFO itself has given this information. Now the credited interest will soon be reflected in the UAN of the beneficiaries or PF account of EPFO.

EPFO said – Interest transfer has started

In an online query, EPFO said in response to one of its customers that the process of depositing interest has started. Now it will soon appear in your account. EPFO further said that whenever interest is deposited, its full payment will be done simultaneously. There will be no loss of your interest. Yesterday on October 31, EPFO gave this answer to a user’s query.

EPFO Interest Credit for 2021-22 – Here’s the reason for the delay

According to retirement fund body EPFO, the delay in depositing interest for the last financial year is due to software upgrades.

EPFO will pay this much interest for 2021-22

The government has approved 8.1 percent interest on EPF deposits for over 6 crore subscribers for the financial year 2021-22 ended March 31.

You can check balance through SMS

To send EPFO UAN LAN (Language) to 7738299899 from mobile number registered with EPFO. LAN stands for your language. If you want information in English, you have to write ENG instead of LAN. Similarly HIN for Hindi and TAM for Tamil. To get information in Hindi, you have to message by writing EPFOHO UAN HIN.

via website

To check your balance online, visit the EPF passbook portal. Log in to this portal using your UAN and password. In this, click on Download / View Passbook and then the passbook will open in front of you in which you can see the balance.

via umang app

If you have a smartphone then you can check your EPF balance whenever you want through the app. For this, open the UMANG app and click on EPFO. In this, click on Employee Centric Services and after that click on View Passbook and enter UAN and Password. OTP will come on the registered mobile number. After entering it, you can see the EPF balance.

Know PF balance through missed call

EPFO how you can know the balance through a missed call. Members registered on the UAN portal can check their balance by giving a missed call. Give a missed call to 011-22901406 from your registered mobile number. After this, PF information will be received through EPFO message. Here also your bank account number, PAN and Aadhaar must be linked with UAN.

– This call will be disconnected automatically after two bells.

– No money will be charged for this service.

To take advantage of missed call facility, this work has to be done first

1 Mobile number should be activated with UAN on the portal.

2 The UAN should be KYC from either bank account number, Aadhaar or PAN number.

What is UAN Number- EPFO provides the service of Universal Account Number (UAN) through which account holders can check their PF account balance. This number is similar to that of a bank account. You can click on this link https://unifiedportal-mem.epfindia.gov.in/memberinterface to activate your UAN number.

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EPFO Withdrawal: Good News! Now you can withdraw double money from PF account in emergency, know the way here

Pravesh Maurya — Tue, 01 Nov 2022 04:15:44 +0000

EPFO Advance Withdrawal: Earlier EPFO had allowed employees to withdraw non-refundable advance. But now this facility is available to withdraw advance money up to double or twice. Let us know the whole truth about it.

EPFO Advance Withdrawal: Your PF money is of great use. This small amount deducted from your salary comes in handy in times of trouble. Ever since the government has given online facility to withdraw PF money, common people have become very comfortable. Actually, earlier one had to wait for many days to withdraw money from PF. But now PF money will come in your account in a few hours. Not only this, if you want, you can withdraw double the amount from PF.

You can withdraw double money from PF

In view of the increasing number of corona infections, the government has given this facility that now employees can withdraw double money from their PF account. Actually, earlier EPFO had allowed employees to withdraw non-refundable advance. But now this facility is available to withdraw advance money up to double or twice. That is, now an employee troubled by Corona can withdraw this fund twice, whereas earlier this facility was available only once.

Actually, this special facility is being given by the government under medical emergency so that no employee is financially troubled, so this facility has been given. Let’s know its process

Know here step-by-step process

Step 1: For this, go to the member e-seva portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/ .
Step 2: Login to your account by entering your UAN, Password and Captcha code.
Step 3: Now go to Online Services and select your claim there (Form-31, 19, 10C and 10D).
Step 4: Now a new webpage will appear on your screen in which you enter all your details like name, date of birth and last four digits of your Aadhaar number.
Step 5: Now here you enter your bank account number and click on ‘verify’.
Step: 6 A pop-up will appear on your screen, asking you to provide ‘Certificate of Undertaking’.
Step 7: From the drop down menu, you have to select ‘PF Advance (Form 31)’.
Step 8: From the drop down menu you need to select ‘Pandemic Outbreak (COVID-19)’ as withdraw money.
Step 9: Enter the required amount and upload the scanned copy of the check and enter your address.
Step 10: Now a one-time password (OTP) will be sent to the mobile number registered with your Aadhaar, enter it.

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Good News! Government will deposit money in your PF account today! Check balance in these easy steps

Pravesh Maurya — Mon, 31 Oct 2022 14:05:17 +0000

You can check pf balance with umang app. Those who want to check balance on UMANG app, they have to first download it in their mobile phone. After this, you have to enter your phone number in the app. With this, one time registration will have to be completed.

PF account holders can get great news today. The government can deposit the EPF interest money in their account . If this happens, then PF account holders will get interest at the rate of 8.1 percent. Interest is likely to be deposited in the account on Monday. This information has been given in a media report. It has been informed by quoting sources that the software upgradation work ofcc has been completed and now it can start depositing interest money in the account of customers. Upgradation work was going on in EPFO’s software for income tax deduction. Because of this, there was a delay in getting the interest money.

An equal amount is deposited in the EPF account every month by the company and the employee. This amount is 12 percent of the basic salary and DA. 12 percent of the employees and 12 percent are deposited in the PF account by the company. If the employee wants, he can also deposit more than 12 percent in the EPFO account, but for this he will have to open an account of the Voluntary Provident Fund (VPF) scheme. If EPF money is going to be deposited in your account as well, then check the balance once.

How to check EPF balance

Balance Check from UMANG App- UMANG App is a government app on which many services are available simultaneously. Many facilities related to EPF are available on this app. Like EPF passbook, claim submission, claim tracking etc. Those who want to check EPF balance on UMANG app, they have to first download it in their mobile phone. After this, you have to enter your phone number in the app. With this, one time registration will have to be completed.
Balance Check from EPFO - Click on ‘Member Passbook’ option on the EPFO website. You can view the amount deposited with the PF passbook by logging in using your UAN and password. You will see the account of the money deposited by the employee and the company and the opening-closing balance. On the EPFO website itself, you will get information about the earnings linked to the PF account and the past PF transfers.
Balance Check by SMS- To get EPF balance send an SMS to mobile number 7738299899. EPFOHO UAN ENG should be the message text where UAN is the Universal Account Number and ENG is the English language. If you want to receive information in another language, you can do so by using the three characters of your preferred language.
Balance Check by Missed Call- A missed call on 011-220-1406 from your UAN registered mobile number will give you the required information. You have to ensure that your UAN is linked with your bank account number, Aadhaar number and PAN number.

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Pension-Gratuity Big Update: Not one but many facilities are available on PF account, benefit of 7 lakhs with pension-gratuity

Pravesh Maurya — Mon, 31 Oct 2022 05:00:13 +0000

If you also have a PF account in the Employees’ Provident Fund Organization (EPFO), then this news is of great use to you. Do you know that apart from salary, pension, provident fund, gratuity, employees also get the benefit of Rs 7 lakh. Actually, EPFO members get the facility of insurance cover under the Employee Deposit Linked Insurance Scheme (EDLI). In the scheme, a maximum of Rs 7 lakh is paid to the nominee under the insurance cover. People working in private companies also get the benefit of up to Rs 7 lakh for free.

The EDLI scheme can be claimed on behalf of the nominee of the member employee in case of illness, accident or natural death of the employee. Now this cover is also available to the aggrieved family of those employees who have worked in more than one establishment within the 12 months immediately before the death.

Employee does not have to pay any amount

In EDLI, the employee does not have to pay any amount. If there is no nomination under the scheme, the coverage will be the spouse, unmarried daughters and minor sons of the deceased employee. If the minor who is claiming is less than 18 years of age, then his guardian can claim on his behalf.

These documents are required

To withdraw money from the PF account, along with the form to be submitted to the employer, Form 5 IF of the insurance cover will also have to be submitted. The employer will verify this form. In case the employer is not available, the form should be verified by either the Gazetted Officer, Magistrate, Chairman of the Gram Panchayat, Chairman/Secretary/Member of the Municipality or District Local Board, Postmaster or Sub Postmaster.

E-nomination facility also started

EPFO has now started the facility of e-nomination to give information about the nominee. Those who are not enrolled in this, they are being given a chance. After this information like name of the nominee, date of birth will be updated online.

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Big news for PF account holders! EPFO issued alert, know otherwise there will be big loss

Pravesh Maurya — Fri, 28 Oct 2022 05:29:38 +0000

EPFO Alert: EPFO has issued an alert for PF account holders. EPFO has written in a tweet. Never asks its members to share personal details like Aadhaar, PAN, UAN, Bank Account or OTP over phone or social media.

Employees’ Provident Fund Organization (EPFO) has issued an alert for all the users. EPFO has asked all its members that no account holder should share the information related to the account on social media even by mistake. Due to this, account holders can become victims of big frauds. If the information about the EPF account is in the hands of fraudsters, then they can blow money from your account.

EPFO has said that EPFO never asks for the information of Aadhaar, PAN, UAN, bank details from its members. If someone asks for such information on phone or social media, then be careful and do not leak it at all. Do not respond to such fraudulent phone calls or reply to any such messages.

EPFO gave information

Issuing an alert for all its users, the EPFO has written in a tweet, ‘Never ask its members to share personal details like Aadhaar, PAN, UAN, Bank Account or OTP over phone or social media. EPFO further says, EPFO never asks to deposit any amount through WhatsApp, social media etc. for any service.

phishing online fraud

It is worth noting that in the PF account, people’s big earnings are deposited, which people deposit for retirement expenses. Fraudsters know very well that here they will get a huge amount in one stroke, so they attack the account through phishing attack. Actually, phishing is a part of online fraud in which the depositor is tricked, the necessary information related to the account is obtained from them and then the account is cleared.

Never share this information

PF account holders do not accidentally share PAN number, Aadhaar number, UAN and your PF account number in the necessary information included in the account. Because these are such information, due to which leaking of your account can be empty. Such frauds are often seen in people leaving one job and joining elsewhere. In such a situation, these people must register a complaint with the police against any phishing call or message in which your personal details are being sought.

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Good news! EPF employees are getting this benefit for free, do this work quickly

Pravesh Maurya — Wed, 26 Oct 2022 09:29:40 +0000

Crores of employed people in the country have PF account. Every month some money is deducted from his salary and deposited in his PF account. Now EPF employees are getting some benefits for free. Let us know about the benefits of EPF to the employees below in the news.

Crores of employed people have PF account in the country. Every month some part of his salary is deducted and deposited in his PF account. The money deposited in the PF account works to secure the future of the employees. On the other hand, EPFO has been running e-nomination campaign for the past several months to give social security to the PF account holders. If you have not yet done your e-nomination in PF account.

In such a situation, you should get e-nomination in your PF account as soon as possible. After making the e-nomination, the claim settlement can be done online easily after the unfortunate death of the member. This includes a death insurance cover of Rs 7 lakh. EPFO provides this facility under the Employee Deposit Linked Scheme. In this episode, today we are going to tell you about the process, with the help of which you can make e-nomination in EPFO.

For this, first you have to visit the official website of EPFO. Here you have to go to the For Employees section in the Services tab. On the next step, you have to click on the UAN/Online Service section.

After that login through UAN and password. After login, in the manage section, select the option of link e-nomination. Now you have to submit the name of the nominee, photo and other information and click on the save button.

After doing this process, to save the information of all the family members, click on the Yes option. If you want to add more than one nominee. In this case, you have to click on the Add New button.

After this, you have to decide the share of all the nominees by clicking on all the nomination details. After doing this, click on Save EPF Nomination. Next step click on E-Sign to generate OTP. After sometime an OTP will come on your Aadhaar linked mobile number. You have to enter it. You can easily get your e-nomination done by following this simple process.

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EPFO Interest Credited ! Good News: Employees will get Rs, 40,000 interest in PF account, know its full details

Pravesh Maurya — Tue, 25 Oct 2022 11:03:12 +0000

Money can be transferred to the account soon:

Who will get this benefit:

Check PF account balance sitting at home:

To check the balance of PF account, you have to visit the website epfindia.gov.in.
Then click on the option ‘Click here to know your EPF balance’.
After this, through the redirect link, you have to go to the page of epfoservices.in/epfo/.
– There you have to click on the option of ‘member balance information’.
Then the PF account number and registered mobile number have to be entered there.
After this, after selecting your state, you have to click on the website link of your state’s EPFO office.
Finally, click on the option of ‘Submit’.
After completing this process, you will be able to see your PF account balance on the screen.

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EPFO: Big news! New rules made to withdraw pension fund deposited in PF account, check details

Pravesh Maurya — Sat, 22 Oct 2022 18:29:55 +0000

Important news for EPFO account holders. New rules have been made to withdraw the pension fund deposited in the PF account. Let us know below in the news about its entire process.

According to the rules of the Provident Fund Organization (EPFO), out of the amount deducted from the salary of the employee every month, 8.33% is deposited in the employee pension scheme and 3.67 The percentage goes to EPF every month. If the employee wants, he can also withdraw this pension fund if needed. But after withdrawing this fund, he is not entitled to get pension after retirement. The rule of EPFO says that if your job is more than 6 months and 9 years is less than 6 months, then you can withdraw pension fund .

If you also want to withdraw pension fund, then for this you must know about Form 10C. Form 10C is filled and submitted to withdraw the pension fund or join with another job in the future. It can be filled and submitted both online and offline.

How to apply for pension fund-

1. If you want to apply for Withdrawal of Pension Fund, then you have to first go to the home page of UAN Portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/.

2. Enter the UAN number and password and click on it. After that click on ‘Online services’ in the menu. Here you will see the option of Claim (Forms- 19, 31 and 10C). Click on this.

3. After this enter the last 4 digits of your bank account number and click on Verify. Sign on Certificate of Undertaking and click on Yes to agree to the term and conditions.

4. Now you have to select the option of Only Pension Withdrawal (Form 10C) in I want to apply for tab. Enter your full address and tick the disclaimer and click on GET AADHAAR OTP button.

5. An OTP will come on your mobile number registered with Aadhaar (UIDAI). Enter the OTP and click on Validate OTP and Submit Claim Form.

6. After this your pension claim form will be submitted and after verification by EPFO, the fund will be transferred to your bank account.

Keep these rules in mind-

If your job is less than 180 days, then you can get only PF money, not the amount deposited in pension fund. Apart from this, if your job has completed 9 years and 6 months, then it is considered as complete 10 years. An employee who contributes to the PF account after working for 10 years becomes eligible for pension after retirement. In such a situation, you will not be able to withdraw the pension fund before retirement. But at the age of 58, you will start getting the benefit of monthly pension from this fund, which will be available for life.

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EPFO: Want to withdraw pension fund deposited in PF account? So here know its rules and process

Pravesh Maurya — Sat, 22 Oct 2022 17:28:57 +0000

According to the rules of the Provident Fund Organization (EPFO), out of the amount deducted from the employee’s salary every month, 8.33% is deposited in the Employees’ Pension Scheme and 3.67 percent goes to the EPF every month.

If the employee wants, he can also withdraw this pension fund if needed. But after withdrawing this fund, he is not entitled to get pension after retirement. The rule of EPFO says that if your job is more than 6 months and 9 years is less than 6 months, then you can withdraw pension fund .

If you also want to withdraw pension fund, then for this you must know about Form 10C. Form 10C is filled and submitted to withdraw the pension fund or to join with another job in the future. It can be filled and submitted both online and offline.

How to apply for pension fund

If you want to apply for Withdrawal of Pension Fund, then you have to first go to the home page of UAN portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/.
Enter the UAN number and password and click on it. After that click on ‘Online services’ in the menu. Here you will see the option of Claim (Forms- 19, 31 and 10C). Click on this.
After this, enter the last 4 digits of your bank account number and click on Verify. Sign on Certificate of Undertaking and click on Yes to agree to the term and conditions.
Now you have to select the option of Only Pension Withdrawal (Form 10C) in I want to apply for tab. Enter your complete address and tick the disclaimer and click on GET AADHAAR OTP button
An OTP will be sent to your mobile number registered with Aadhaar (UIDAI). Enter the OTP and click on Validate OTP and Submit Claim Form
After this your pension claim form will be submitted and after verification by EPFO, the funds will be transferred to your bank account.

keep these rules in mind

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EDLI Benefits and Pension Calculator: Calculate how much pension and EDLI benefits will be available on PF account

Pravesh Maurya — Tue, 18 Oct 2022 15:05:31 +0000

EPFO Calculator: Looking at the convenience of its subscribers, EPFO gives them this facility that they can calculate in advance how much pension and EDLI benefit they will get on their deposits and on total investment.

Provident Fund is a social security investment tool run by the government through EPFO or Employee Provident Fund Organization. It is a popular medium of investment to build the corpus for retirement. With this, not only do you save for yourself, investing in PF also provides security to your family. In this, the benefit of EDLI (Employee’ Deposit Linked Insurance) is available, under which, on the untimely death of the PF member, his nominee is given an insurance benefit of up to 7 lakhs.

Can calculate pension and EDLI benefits amount

Considering the convenience of its subscribers, EPFO gives this facility to their subscribers that they can calculate in advance how much pension and EDLI benefit they will get on their deposits and on total investment.

EPFO provides a calculator to calculate EDLI benefits and pension on its official website. You can check how much monthly pension and EDLI benefits you will get on PF account by giving some details of your job and income. Here we are telling the complete process to check it step-by-step.

1. How to Check EDLI Benefits (EDLI Calculator)

Go to the official website of EPFO.
Under the Online Services tab on the dashboard, you will see the option of EDLI and Pension Calculator, click on it.
After this a new page will open in front of you. In a box, you will see two options – EDLI Benefit Calculator and Pension Calculator.
– Inside the EDLI Benefit Calculator, you will have to give information about the date of death of the EPFO member, average progressive balance and average salary of the deceased for the last 12 months.
After entering the details, click on show Updated Calculation, you will get to know the amount of EDLI benefits.

2. How to Calculate Pension (Pension Calculator)

-The initial process of Pension Calculator is the same as that of EDLI Calculator. After coming to the page of the pension calculator, the process is given below
– you have to enter your date of birth. Along with this, you will have to give details like joining, leaving, etc. After this click on Show / Update details.
After this the system will show you the date of completion of 58 years of age, 50 years of age for early pension and pension starting date for monthly pension amount.
You can get early pension after the age of 50, but the pension amount will be reduced. At the same time, at the age of 58, you will get the full pension benefit.
You enter the pension starting date and salary for pension in the calculator and click on Show / Update details. The system will show you your superannuated monthly pension amount.

Keep these things in mind while calculating EDLI benefits and pension-

– It is not necessary that the calculated amount is correct, it can be here and there.
If the PF member has died in September, 2022, then the progressive balance will be calculated from September, 2021 to August 2022.
Progressive balance will be the total of the PF balance of the employee and the employer and the pension contribution of the last 12 months. You can also check this balance from EPF passbook.
– Pension Calculator does only superannuation pension and early pension calculator.

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EPFO Interest Amount Credited ! Good News: Employees will get Rs, 40,000 interest in PF account, know its full details

Pravesh Maurya — Mon, 17 Oct 2022 20:28:11 +0000

Money can be transferred to the account soon:

Who will get this benefit:

Check PF account balance sitting at home:

To check the balance of PF account, you have to visit the website epfindia.gov.in.
Then click on the option ‘Click here to know your EPF balance’.
After this, through the redirect link, you have to go to the page of epfoservices.in/epfo/.
– There you have to click on the option of ‘member balance information’.
Then the PF account number and registered mobile number have to be entered there.
After this, after selecting your state, you have to click on the website link of your state’s EPFO office.
Finally, click on the option of ‘Submit’.
After completing this process, you will be able to see your PF account balance on the screen.

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EPFO Online claim: PF account holders will get 7 lakh rupees, just have to do this work Quickly

Pravesh Maurya — Mon, 17 Oct 2022 14:28:42 +0000

EPFO Online claim: If you also come in the salaried class then there is good news for you. Employees’ Provident Fund Organization (EPFO) has announced to pay interest at the rate of 8.1 percent.

However, till now the interest for the financial year 2022 is not visible in the subscribers’ account. Let us know its complete information. It has been said on behalf of EPFO that no customer will suffer any loss of interest. He says that interest is being deposited in the accounts of all EPF customers. But, due to software upgrade, it is not visible in the passbook.

Actually, the Employees’ Provident Fund Organization (EPFO) has made e-nomination mandatory for its subscribers. If you do not do this then you will not be able to check your PF balance. With this, the family of the account holder gets social security. EPFO has been continuously issuing alerts regarding this.

E-nomination is mandatory

EPFO is giving the facility of e-nomination to its subscribers to inform the nominee information, after which online information like name of the nominee, date of birth will be updated. EPFO has told its subscribers that the EPF account holder should do e-nomination (EPF / EPS Nomination). By doing this, it helps the nominee / family members to withdraw money related to PF, Pension (EPS) and Insurance (EDLI) in case of death of the account holder. With this, the nominee can easily claim online.

Get a facility of Rs 7 lakh

EPFO members also get the facility of insurance cover under the Employee Deposit Linked Insurance Scheme (EDLI Insurance Cover). A maximum insurance cover of Rs 7 lakh is paid to the nominee in the scheme. If the member dies without any nomination, then there are difficulties in processing the claim. So let’s know how to fill nomination online.

This is how you can do e-nomination in EPF / EPS

For EPF/EPS nomination, first go to the official website of EPFO https://www.epfindia.gov.in/
Now here in Services section click on FOR EMPLOYEES and click on Member UAN/Online Service (OCS/OTCP)
Now a new page will open on that login with UAN and password
Select E-Nomination under Manage Tab. By doing this, the Provide Details tab will appear on the screen, then click on Save.
Now click on Yes for family declaration, then click on Add family details (Here you can add more than one nominee.
Here click on Nomination Details for total amount share, then click on Save EPF Nomination.
Now click on E-sign to generate OTP here, now enter OTP on registered mobile number linked in Aadhaar.
By doing this, your e-nomination gets registered with EPFO. After this you do not need to send any hard copy document.

There can be more than one nominee

Let us tell you that PF account holders can also make more than one nominee. Nomination details have to be given according to how much amount is to be given in this. Apart from this, you should know that the PF account holder can only make his family members as nominees. If there is no family, then there is the freedom to nominate another person, but the nomination of the non-family member is canceled after the family is found.

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Good news! Government will deposit Rs 81,000 in your account during the festive season! Know the date here

Pravesh Maurya — Mon, 17 Oct 2022 06:28:34 +0000

EPF Balance Check: Employees Provident Fund Organization has calculated the interest to be received in the PF account in the financial year 2022. Soon it will be transferred to the account of the account holders. Let’s know the latest updates.

Great news is going to come by the end of this month for 7 crore subscribers of Employees’ Provident Fund Organization ie EPFO. The government is going to transfer the interest for the financial year 2022 to the account of EPF account holders. Let us tell you that this time interest will be available at the rate of 8.1 percent.

According to the information received so far, the Employees’ Provident Fund Organization has calculated the interest received in the PF account in the financial year 2022. Soon it will be transferred to the account of the account holders. This time a total of Rs 72,000 crore deposited in the account of the government will be sent to the account of the employed.

When will the money be transferred?

The calculation of interest is quite simple

1. Know Balance from Missed Call

2. Check Balance Online

3. Balance can also be checked on UMANG App

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EPFO issued New guideline: This rule is very special for EPFO account holders, otherwise the account will be suspended

Pravesh Maurya — Wed, 12 Oct 2022 11:03:03 +0000

If you work in any institution then you will know about PF Account. Those institutions can be both private and government. Because PF accounts are created in both types of institutions.

A part of the salary of every salaried person is being deposited in this account. If you are a fresher and are going to start a job in any organization, then you should know about what is PF account? And what part of your salary is included in this?

What percentage of your salary is deposited in PF account-

According to the EPF Act, 1952, the employee and the company contribute an equal amount every month to the EPF scheme. The employee deposits 12% of Basic Pay + Dearness Allowance in his EPF account. If the employee is associated with a company / organization with less than 20 employees, then he has to contribute 10%.

When PF account becomes inactive-

As long as you are working in a company or institution, money is being deposited in your PF account every month, but when you leave the job, the money also stops accumulating. In such a situation, if you join the second job within three years and the money starts getting deposited in the PF account again, then your PF account is not inactive, but you do not do any transaction with the PF account for three years, then that The account is put in the category of dormant account by EPFO. In such a situation, if you want to save your account from becoming inactive, then you have to do the transaction at least once within three years.

If the account becomes inactive, how much will be the loss-

According to the rules of PF account, if a person’s account has gone into inactive category, then he has to suffer loss. If some money is deposited in your PF account, then you are given some interest by the government on it. But the PF account holders who have gone into the inactive category have to pay tax on that interest. After that, in case of non-receipt of claim on those money for seven years, it is sent to Senior Citizen Welfare Fund (SCWF). You can claim this money from SCWF within 25 years.

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EPFO Latest Update: Big News! Is the interest amount not showing in your PF account? Know the reason

Pravesh Maurya — Thu, 06 Oct 2022 12:28:49 +0000

EPFO Latest Update: Have you also not received PF interest amount in your account? If you too have not received the interest money of PK, then definitely read this news. Actually, EPFO i.e.

Employees’ Provident Fund Organization has told why this amount is not showing in your account. The Finance Ministry has issued its clarification on this subject.

Finance Ministry gave information

In a tweet, the Finance Ministry has blamed the technology for this. Giving information, the ministry has said that due to ‘software upgrade’ for changes in the taxation law on PF savings, customers are not able to see the interest credit. The ministry tweeted, ‘There is no loss of interest for any customer. The interest is being credited to the accounts of all EPF subscribers. However, this is not visible in view of a software upgrade being implemented by EPFO.

Let us tell you that in response to a tweet by Mohandas Pai, former director of Infosys Technologies, the Finance Ministry issued a clarification. “Payment along with interest is being made to all outgoing customers seeking settlement and customers seeking withdrawals,” the ministry said in another tweet.

There is no loss of interest for any subscriber.

The interest is being credited in the accounts of all EPF subscribers. However, that is not visible in the statements in view of a software upgrade being implemented by EPFO to account for change in the tax incidence. (1/2) https://t.co/HoY0JtPjII

— Ministry of Finance (@FinMinIndia) October 5, 2022

Mohandas Pai tweeted

In fact, earlier Mohandas Pai has tweeted, tagging Finance Minister Nirmala Sitharaman, Prime Minister’s Office and PM Narendra Modi, “Dear EPFO, where is my interest?

This time getting the lowest interest

It is worth noting that according to the information given by the government, EPF subscribers will get an interest rate of 8.1% for 2021-22 in their retirement savings accounts. Earlier in March this year, the Employees’ Provident Fund Organization (EPFO) had decided to reduce the 8.5% given on EPF deposits in 2020-21 to 8.1% for 2021-22.

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PF Account: Big Alert ! Basic salary is 20 thousand rupees, then you will get Rs 2.79 crore profit, know here full details

Pravesh Maurya — Wed, 05 Oct 2022 16:02:51 +0000

If you are employed and have an account in Employees Provident Fund Organization ie EPFO, then this news is of your use. Actually, to secure the future, people invest in different places so that their old age can be cut comfortably.

But if you do not want to invest separately, then EPF can come in handy. Employees’ Provident Fund Organization gives an opportunity to its account holders, through which if they invest some part of their salary in EPF, then you can get a substantial amount at the time of retirement.

According to the experts, if your basic salary is 20 thousand and from the age of 25, 24% (12% Employee + 12% Employer) EPF is deducted, then accordingly an investment of Rs 4800 will be made every month. If you keep investing continuously for 25 years, then you can get a corpus of 2.79 crores on retirement. Let us understand about it in simple words…

This is how retirement fund will be prepared

You are given an interest rate of 8.5% while investing in EPF. If we assume salary hike of 7% then investment started at the age of 25 will make you a millionaire till old age. Let us understand in the steps how much benefit will be given at what age to start…
If the age to start investing is 25 years and the basic salary is 20 thousand, then you can get Rs 2.79 crore at the time of retirement.
If the salary is Rs 28,051 at the age of 30, then 2.30 will be available at the time of retirement.
At the age of 35, the salary is Rs 39,343, so at the time of retirement you will get Rs 1.85 crore.
If you start investing from the age of 40, then you will get Rs 1.42 on the basic salary of Rs 55,181.
At the age of 45, the basic salary is Rs 77,394, so you will get Rs 1.03 crore.
At the age of 50, the basic salary is Rs 1,08,549, so you will get 66.44 lakhs at the time of retirement.

keep these things in mind

Do not withdraw money from EPF unless there is some very important work or emergency, as withdrawing money will keep reducing your old age savings. For example, if you withdraw Rs 1 lakh from the PF account at the age of 30, then at the age of 60, Rs 11.55 lakh will be reduced from the retirement fund.
Apart from this, get your old account transferred only after changing jobs. The older the PF account, the more benefits you will get.
In case of non-transfer, interest will accrue on the new account, but the interest on the old account will stop after 3 years. You can easily transfer EPF account through UAN.

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PF Account: EPF nominee its compulsory to add nominee in pf account, know here complete process

Pravesh Maurya — Sat, 01 Oct 2022 21:28:46 +0000

EPFO: Employees’ Provident Fund account holders are required to make nominees. EPFO has now made it mandatory for the PF account holder to choose a nominee. In the case of EPF and EPS also, a nomination must be made so that this fund can be made available to the nominee in time on the untimely death of the EPFO member. If you are also an EPF member and you have not nominated anyone yet, then soon make a member of your family as a nominee.Who can make a nominee
PF account holder can nominate only his family members. If a person does not have a family, then he can also declare any other person as his nominee in that case. After making someone else a nominee, if the address of the family is known, then the nomination of the non-family member gets cancelled. If a PF account holder dies without making a nominee, then his family has a lot of trouble in getting the PF money.There can be more than one nominee
PF account holders can also declare more than one person for the nominee. If there is more than one nominee, more nomination details have to be given and it has to be clearly mentioned that which nominee will get how much amount.How to do e-nomination in EPF/EPS

Go to the EPFO website and click on ‘For Employees’ in the ‘Services’ section.
Now click on ‘Member UAN/Online Service (OCS/OTCP)’.
After that login by entering UAN and password.
Select ‘e-Nomination’ in the ‘Manage’ tab.
The ‘Provide Details’ tab will appear on the screen, click on ‘Save’.
Click on ‘Yes’ to update the family declaration.
Now click on ‘Add Family Details’. You can also add more than one nominee.
Click on ‘e-Sign’ to generate OTP.
OTP will be sent to the mobile number linked with Aadhaar.
After that submit by filling the OTP.

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PF Interest Credited ! Good News: Employees will get Rs, 40,000 interest in PF account, know its full details

Pravesh Maurya — Sat, 01 Oct 2022 19:32:45 +0000

Money can be transferred to the account soon:

Who will get this benefit:

Check PF account balance sitting at home:

To check the balance of PF account, you have to visit the website epfindia.gov.in.
Then click on the option ‘Click here to know your EPF balance’.
After this, through the redirect link, you have to go to the page of epfoservices.in/epfo/.
– There you have to click on the option of ‘member balance information’.
Then the PF account number and registered mobile number have to be entered there.
After this, after selecting your state, you have to click on the website link of your state’s EPFO office.
Finally, click on the option of ‘Submit’.
After completing this process, you will be able to see your PF account balance on the screen.

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Good news for employees, up to Rs. 40,000 will be paid, the amount in the account will increase in September!

Pravesh Maurya — Sat, 01 Oct 2022 12:58:26 +0000

PF account can be merged as soon as the UAN number is activated by the employees.

To merge PF account, visit the official website of EPFO.
Click on Services to login.
Click on Apply 1 EPF Account
a form will open
Enter registered mobile number
Enter the OTP number and the old PF account will be displayed as soon as you enter the OTP
accept submit
After sending the information, the account will be merged in a few days.

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PF Interest Credited ! Good News: Employees will get Rs, 40,000 interest in PF account, know its full details

Pravesh Maurya — Tue, 27 Sep 2022 07:29:07 +0000

Money can be transferred to the account soon:

Who will get this benefit:

Check PF account balance sitting at home:

To check the balance of PF account, you have to visit the website epfindia.gov.in.
Then click on the option ‘Click here to know your EPF balance’.
After this, through the redirect link, you have to go to the page of epfoservices.in/epfo/.
– There you have to click on the option of ‘member balance information’.
Then the PF account number and registered mobile number have to be entered there.
After this, after selecting your state, you have to click on the website link of your state’s EPFO office.
Finally, click on the option of ‘Submit’.
After completing this process, you will be able to see your PF account balance on the screen.

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PF account - Rightsofemployees.com

EPFO: Withdrawing money from your PF account is very easy. Learn the complete step-by-step process here.

Big relief to central employees: EPFO ​​doubles the death relief fund, families will get help of Rs 15 lakh

Now death relief fund will be Rs 15 lakh

5% increase every year

Making death claims is now easy

Linking Aadhaar with UAN will be hassle free

Why is this decision important for employees?

EPFO Rules Changed: Easier Access to Your PF Money – Here’s the New Withdrawal Limit

EPFO Rules Changed: Now more money can be withdrawn from PF account to buy a house than before. Know how much money a PF account holder can withdraw from his PF account now?

PF Nominee: Have you added a nominee to your PF account? Know how here

PF Nominee Add Process: People who are employed get the facility of one more thing apart from salary and that is PF account. Actually, Employees Provident Fund Organization i.e.

PF Account: Delink wrong member ID from UAN with this simple step-by-step guide.

The Employees’ Provident Fund Organisation (EPFO) provides a Universal Account Number (UAN) to every PF account holder, through which they can view all their PF related information, but if for some reason the wrong member ID is linked to UAN, it can create problems.

How to properly delink member id?

How to delink someone else’s ID linked to UAN

EPFO Claim Disbursal: Money deposited in PF account will be visible on UPI app, claim disbursement will also be quick

Now the money deposited in the PF account will be visible on the UPI app itself. Not only this, on claiming, the money will come to your account immediately from UPI. The Employees Provident Fund Organization (EPFO) is taking steps in this direction.

EPFO has taken several steps

Claim disbursal from UPI expected to start by June

PF Withdrawal Rules: Can you withdraw money twice from your PF account for wedding expenses?

EPFO is making a big change, PF account will be identified by Aadhaar

EPFO Updates: The Employees’ Provident Fund Organization ( EPFO ) is working on the process of issuing a Universal Account Number (UAN) for its members on a single basis. Its purpose is to simplify the process of withdrawing funds from PF.

Mistakes occur due to not providing correct information

Option to link two or more UANs still available

If you have two UANs…

Merge methods

Through online mode

in offline mode

If you don’t have UAN…

What to do if you forgot your old UAN

These are the problems

What is UAN

PF Account: Do this work related to EPFO ​​by 15th February, otherwise you will suffer loss later

EPFO: EPFO ​​has given relief to the employed and the companies. Employee Provident Fund Organization has extended the deadline for linking Universal Account Number (UAN) and bank account with Aadhaar.

Get this work done before 15 February

How to activate EPFO

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EPFO’s these 5 New rules of will be Implemented in the New Year, What will be the benefit of these rules

5 new rules for PF account (EPFO New Rules 2025):

Latest News:-

PF Money withdraw Limit at ATM: How much money can you withdraw from PF account through ATM? Know the rules here

PF Account Money Withdraw Through ATM: When a system starts, it has some flaws in it first, which are gradually corrected according to time and need. Also, many things are made very easy by adding technically.

When will we be able to withdraw money from ATM?

How much money can you withdraw from the ATM?

Be sure to know these things:-

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PF account holders ALERT! Have you activated your UAN number? If you don’t do it, you may face problems

UAN Number Activation Process : If you are also a job holder, then as per the rules, your PF account must also have been opened by the company? Actually, the Provident Fund Organization Authority i.e.

Why is it necessary to get it activated?

This is how PF account holders can activate their UAN number:-

Step 1

Step 2

Step 3

PF contribution limit: Govt can increase the maximum contribution limit, pension will increase

Pension is a big support after retirement. To get a higher pension, it is necessary to contribute more to the PF account. Currently, the current system allows EPFO ​​members to contribute up to 12% of their salary, out of which 8.33% goes to EPS-95, while 3.67% goes to the EPF account.

Consideration on improvement in EPS-95

6 jobs created with ₹1 crore capex

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How to withdraw EPF money online: A step-by-step guide

How to withdraw money from PF: PF money is deposited for retirement fund and pension. But under certain circumstances, you can make partial and full withdrawal from your PF account.

This is the process of partial withdrawal from PF

This is how you can find out your PF account balance

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EPFO Claims: EPFO records 7.6% increase in members to 7.37 crore. Check details

EPFO Claims: PF is a safe investment for employed people, which gives them financial security in old age. Every month a part of your salary is deducted and goes into the PF account.

What is the meaning of these figures

Settlement of EPFO ​​claims

Draft Compassionate Appointment Policy, 2024 also discussed

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EPFO’s rule has changed… You can withdraw one lakh rupees under these circumstances, know details

How can you withdraw money from a PF account?

PF Account Date of Birth Correction Online – Quick step by step guide

PF Account Date Of Birth Correction: Wrong date of birth in PF account can get your claim stuck. With this process, you can correct the date of birth sitting at home.

To change the date of birth

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EPFO Rule Change: Now you can withdraw 1 lakh rupees from your PF account, EPFO ​​has changed the rules

EPFO New Rule

Process of withdrawing funds from PF account

When can I withdraw funds?

Big relief to central employees: EPFO doubles the death relief fund, families will get help of Rs 15 lakh

PF Account: Do this work related to EPFO by 15th February, otherwise you will suffer loss later

EPFO: EPFO has given relief to the employed and the companies. Employee Provident Fund Organization has extended the deadline for linking Universal Account Number (UAN) and bank account with Aadhaar.

Pension is a big support after retirement. To get a higher pension, it is necessary to contribute more to the PF account. Currently, the current system allows EPFO members to contribute up to 12% of their salary, out of which 8.33% goes to EPS-95, while 3.67% goes to the EPF account.

Settlement of EPFO claims

EPFO Rule Change: Now you can withdraw 1 lakh rupees from your PF account, EPFO has changed the rules

PF Balance: EPFO is crediting interest rate in PF account, check your balance like this

EPFO higher pension calculation, understand how the arrears will be calculated

EPFO Account Holder: Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

Good news for EPFO subscribers, now the option to increase pension will also be available in the account

PF Account Holders: EPFO issued alert before new year! Refused to deposit money in this way

EPFO Account Holder Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

PF Account: Good News! 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

EPFO Account Holder Good News: 81,000 rupees will come in the account of EPFO subscribers, here’s the date and how to check

EPFO News: Pension of EPFO subscribers will increase! Government gave a big statement