Here’s An App That Lets You Check Your PF Balance, Pension

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With the m-EPF app users can view their monthly credits through the passbook as well their details available with EPFO. HIGHLIGHTS EPF pensioners can access disbursement details through mobile app m-EPF. m-EPF lets employees access their EPF account using Unique Account Number. Employers can view remittance details using m-EPF app. Link to download on android phone … Read more »

EPFO signs MoU with HUDCO under new Housing Scheme of EPF & MP Act-1952

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Dr. V.P. Joy, Central Provident Fund Commissioner and Dr. M. Ravi Kanth, CMD HUDCO signed a Memorandum of Understanding (MoU) in the august presence of Hon’ble Minister, HUPA, Shri M. Venkaiah Naidu and Hon’ble Minister of State (Independent Charge), Labour & Employment, Shri Bandaru Dattatreya for facilitating “Housing for All by 2022” at Ministry of… Read more »

Latest Rules On Provident Fund Withdrawal You Should Know: 10 Facts

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According to provident fund norms, 12 per cent of an employee’s salary goes into the fund along with a matching contribution from the employer. The Employees’ Provident Fund Organisation (EPFO) has been taking many steps to ease the process of provident fund (PF) money withdrawal. The PF money can be withdrawn after two months from… Read more »

Amendment in Employees Pension Scheme 1995

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Dear all,There is an  Amendment in Employees Pension Scheme 1995 where in the Provision of Orphan Pension which was earlier up to age 25 years has been increase  beyond age of 25 years in case if such Orphan is suffering from disorder of mind or is Physically crippled or disable Notification:- Pension_GazetteNotification_GSR387(E)_8314

Employee Deposit Link Insurance Scheme Amendment 2016

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The Government of India has finally implemented the decision of increasing the maximum sum limit assured under insurance scheme of retirement fund body Employee Provident Fund Organisation, popularly termed as EPFO, to 6 lakh rupees. This would almost double the maximum sum for its 4 crore subscribers. The decision was, however, taken long back in September… Read more »

New PF Facility Launched For Easy Balance Transfer: Your 10-Point Guide

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Many employees forget to transfer the balance from their previous provident fund (PF) accounts when they change jobs. Some of them even withdraw the money from PF account. Since PF is meant for one’s retirement years, financial experts suggest that the accumulated savings should not be withdrawn during one’s working years. To encourage employees consolidate… Read more »

EPFO to give interest on inoperative Accounts

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Reversing a five-year-old decision, the Employees’ Provident Fund Organisation’s top decision-making body, the Central Board of Trustees, has decided to pay interest on all inoperative EPF accounts from April 1 onwards. Inoperative EPF accounts are those that have not received any contribution from employees or employers for 36 months. The move will benefit 90 million… Read more »

Petitioning Employee Provident Fund Organization Central Provident Fund Commissioner

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Dear Employee Provident Fund members, The Employee Provident Fund Organization, which manages the EPF money, recently issued a notification amending the EPF Act to restrict the withdrawals from employee provident fund to the extent of only employee contributions and the interest on it until retirement. What this also means is that, the employee will not… Read more »