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Latest Articles in provident fund

Now PF Accounts Will Be Also Taxed; Know The New Rules

If an employee working in the private sector contributes five lakh rupees in a financial year to the PF account, then only 2.5 lakh out of it will be tax. The remaining 2.5 lakh rupees will not come under the tax net

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SBI Allowing Customers To Open PPF Account Online

Country's largest public sector bank State Bank of India (SBI) also allows customers to open PPF account online. At present, the PPF account is giving an interest rate of 7.1 per cent

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Tax To Be Imposed On PF Accounts From 1st April; New PF Rules For Working Class

Small and middle class taxpayers will not be affected by the new rule of EPFO.

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Govt Hikes PF Threshold Limit To Rs 5 lakh For Earning Tax-free Interest

Replying to a discussion on the Finance Bill 2021 in Lok Sabha, the minister said the tax-free limit is now being amended to a maximum of Rs 5 lakh per annum.

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EPFO Retains 8.5 % Interest On EPF Deposits For 2020-21

The CBT decision on interest rate would be send to the finance ministry for concurrence. After getting the finance ministry's nod, the 8.5 per cent rate of interest for this fiscal would be credited into the EPFO subscribers' accounts.

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Now, EPFO To Make All Payments To Members Electronically

The labour ministry has amended the social security schemes run by the retirement fund body EPFO to enable it to make all payments -- pension, provident fund and insurance -- to members electronically

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Now Withdraw 90% EPF To Buy Home, Pay EMI

Over four crore subscribers of the retirement fund body EPFO can now make down payment and pay EMIs from their EPF accounts to buy homes

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Finance Ministry Ratifies 8.65% Rate On EPF: Labour Minister Bandaru Dattatreya

Labour Minister Bandaru Dattatreya on Thursday (April 20) said that the Finance Ministry has approved 8.65 per cent interest rate on EPF deposits for 2016-17

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EPFO To Provide 8.65% Interest On EPF For FY'17, Says Labour Minister Dattatreya

About 4 crore subscribers of EPFO will get 8.65 per cent interest on provident fund deposits for 2016-17, as decided by the organisation's trustees in December, Labour Minister Bandaru Dattatreya said

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Settling EPF Claims Through Mobile Phone To Be A Reality Soon

Nearly four crore members of retirement fund body EPFO will soon be able to settle their claims like EPF withdrawal through mobile application UMANG

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After Year Of Flip-flops, EPFO Buckles Up For Digital Ride

After remaining in the news mostly for wrong reasons this year, retirement fund body EPFO is looking to cross the digital Rubicon by way of providing a host of online services to its nearly 4 crore subscribers, including electronic settlement of PF claims

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EPFO Asks Field Offices To Receive PF Dues Through E-mode Only

Retirement fund body EPFO has asked its over 120 field offices across the country to ensure that all employers are depositing their PF contributions only through electronic mode by using the Internet banking

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EPFO Investment In ETFs Has Given Higher Return Than G-Secs

Government on Wednesday sought to allay fears over investments by EPFO into ETFs, saying that their performance should be viewed over a long period of time and the retirement fund body has already got over 12 per cent return within a year, higher than government securities

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Money From EPFO Invested In 'Safe' Funds, Says Government

The workers' money in EPFO has not been diverted to stock markets but it is invested in funds which are safe and profitable, the government said in the Rajya Sabha

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Trade Unions Protest Govt Order To Use Unclaimed EPFO Funds

Trade unions on Tuesday disrupted a meeting of EPFO trustees protesting against the government's decision to appropriate unclaimed PF money for funding senior citizens' welfare schemes

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