EPF Balance Increased: Big news! Now your EPF balance will increase by 66%, know the new rule of the government

  New Wage Code / Provident Fund : The discussion of the new pay scale rules (The New Wage Code) is fast these days. In media reports, a lot has been written and said about this, but no formal announcement has been made by the central government about it so far. However, the biggest thing […]

Continue Reading

Atmanirbhar Bharat Rojgar Yojana now extended till 31 March 2022 – Here is all you need to know

  New Delhi : Employees’ Provident Fund Organisation (EPFO) has tweeted regarding the extension of the date of registration under the Atmanirbhar Bharat Rojgar Yojana (ABRY) from 30 June 2021 to 31 March 2022. EPFO has tweeted: This Atmanirbhar Bharat Rojgar Yojana scheme is being implemented through Employees Provident Fund Organization (EPFO) to reduce financial […]

Continue Reading

PF Update: Do THIS by December end or EPF benefits will stop

  New Delhi : Employees with Provident Fund accounts must make this modification in their EPF account by December 31, as new rules will take effect next month. It is required for PF account holders to add a nominee so that if the account holder dies unexpectedly, the fund can be conveniently accessible to the […]

Continue Reading

EPF E-Nomination: Get benefits of Rs. 7 lakhs by 31st December: Take these steps

  Anotice was released by the Employees’ Provident Fund Organization (EPFO) in which the retirement body has clearly urged all its PF subscribers to file their e-Nomination so that the social security of the account holder’s family can be ensured. The EPFO has also increased the maximum assurance benefit under the ‘Employees’ Deposit Linked Insurance’ […]

Continue Reading

PPF vs EPF: Interest rate, income tax rule, other details that you should know

  PPF vs EPF: EPF or Employees’ Provident Fund is a government-backed retirement benefit scheme designed for salaried individuals only whereas PPF or Public Provident Fund is designed to provide old age income security to a PPF account holder. Both give income tax exemption on up to ₹1.5 lakh investment in one financial year under Section 80C […]

Continue Reading