Big Shock To EPFO Subscribers! PF Interest Rates Have Been Slashed To Lowest Of The Decade !

Generally employees contributes 12% of their basic pay to employees provident fund organisation (EPFO)in addition to the employers(recruiter)contribution. That EPF contribution would be utilised by withdrawing lumpsum amount at retirement. But the recent amendment by CBDT(Central Board of Direct Taxes) makes epfo subscribes worrisome. CBDT has approved a draft to slash epf interest rate toContinue reading “Big Shock To EPFO Subscribers! PF Interest Rates Have Been Slashed To Lowest Of The Decade !”

Good News For EPFO Subscribers! Now EPF Subscribers Can Get Benefits Up To 7 Lakh Under “Employee Deposit Linked Insurance Scheme”

This is really a good news for EPF Subscribers. Central Government has modified the norms under Employee Deposit Linked Insurance Scheme. If you are a EPF Subscriber and covered under Employee Deposit Linked Insurance(EDLI)1976 scheme, you were entitled to get up to 7 Lakh rupees benefits that too without any premium from your side. AsContinue reading “Good News For EPFO Subscribers! Now EPF Subscribers Can Get Benefits Up To 7 Lakh Under “Employee Deposit Linked Insurance Scheme””

From Now Onwards EPF Subscribers Can Alter Their Nominees Online

Till Now, EPF subscribers have to personally visit EPFO(Employee Provident Fund Organisation)office personally to modify any terms under his EPF a/c. It is a long process. From now onwards their problems will be resolved online itself! EPF subscribers have to login to epf portal to change nominees to their existing epf a/c’s. The EPF holderContinue reading “From Now Onwards EPF Subscribers Can Alter Their Nominees Online”

How To Lodge Grievance Online On EPF Issues?

Every salaried employee has an unique EPF a/c number. This UAN(Universal Account Number) is important in making claims and lodge complaints if any issue arises! EvenThough all the salaried class are aware of EPF withdrawal rules, not all are aware of the process to complain grievances if any issue arises! For this we are providingContinue reading “How To Lodge Grievance Online On EPF Issues?”

How To Check Your PF Balance?

EPF(Employees Provident Fund Organisation)is a mandatory scheme for salaried class. Some portion of employers contribution as well as employees contribution would be deducted from their salary every month. Due to frequent job changes, some employees neglect to transfer their EPF a/c to new organisation. In fact, some are unaware of their EPF balance,but it isContinue reading “How To Check Your PF Balance?”

Submission Of Life Certificate For Pensioners Starts From October 1st

We all know that Pensioners have to submit “Jeevan Pramaan” Life Certificate every year as a proof of their presence. They have to visit Banks, Post Offices, E-Seva Kendras, EPF Offices to submit life certificate. Pension would be released only if the pensioner submit his “Jeevan Pramaan” certificate before the due date. For this calendarContinue reading “Submission Of Life Certificate For Pensioners Starts From October 1st”