Page 2 - Epf

Provident fund nomination: How it helps your family in getting pension

Members can now update their nominations online through the EPF members' portal

What all changes after Karnataka HC ruling in EPF case

The court found that the provisions that allowed international workers to contribute to the funds were "discriminatory" and violated Article 14 of the Indian Constitution

Online provident fund withdrawal: Steps, eligibility, documents needed

Complete withdrawal is allowed when an individual retires or remains unemployed for more than two months

NPS added 19% fewer fresh corporate subscribers in first half of FY24

Experts blame the fall on higher exemption limit for Rs 7-5 lakh IT bracket

Choosing NPS fund manager? Seek consistency across the asset classes

Switch fund manager only if long-term performance lags the category average

EPFO issues fresh guidelines for granting exemption to establishments

The new procedure contains direction for the establishments, regional offices, zonal offices and head office

Seven states, UTs record decline in number of active EPF subscribers

However, at the national level, the total number of employees contributing regularly to the EPF grew by nearly eight per cent in the same time period

Scammers steal 1.83 cr from 11 EPF accounts using Aadhaar card details

The CBI has arrested a man for allegedly altering Aadhaar card details to withdraw Provident Funds of unsuspecting persons through online claims, officials said on Monday. Delhi-based mastermind Priyanshu Kumar allegedly orchestrated the fraud with the help of his gang, where he allegedly targeted individuals whose Aadhaar cards were not linked to their PF accounts, they said. The CBI has alleged that 11 Employees' Provident Fund (EPF) members were targeted through 39 fake claims and Rs 1.83 crore was siphoned off. The agency registered a case on February 8, 2022, against seven establishments and unidentified individuals on a complaint from the Employees' Provident Fund Organization (EPFO) related to alleged fraudulent activities involving identity theft aimed at illegally withdrawing funds from the PF accounts of genuine beneficiaries. The gang allegedly registered establishments in various cities like Nagpur, Aurangabad, Patna, Ranchi, in which PF coverage was taken online withou

How To Withdraw PF Advance Online? Here's A Step-By-Step Guide

Employees Provident Fund or EPF is a mandatory savings and retirement scheme for employees of an eligible organisation, which can be used as a corpus post-retirement.

Early withdrawal from EPF account: Conditions & limits

Can you touch PF before you retire? Yes. You can make a partial EPF withdrawal as well as an advance withdrawal under a special set of conditions. Let's understand the conditions and limits

Rules to returns: What to consider in opting for higher pension from EPS

Factor in both the size of your retirement corpus and the risks in this scheme before taking the leap

Rs 4,962 cr lying in inoperative accounts under EPF: Govt tells Lok Sabha

"As per paragraph 72(6) of the EPF Scheme 1952, certain accounts are classified as Inoperative Accounts. All such Inoperative Accounts, however, have definite claimants

Formal job creation declines 7.5% in January, hits 20-month low: EPFO

The number of new monthly subscribers under the Employees' Provident Fund (EPF) has declined by 7.5 per cent to 777,232 in January 2023 from 840,372 in December 2022

EPFO board likely to decide interest rate for FY23 on March 25, 26

Sources said that the interest rate is unlikely to go below 8 per cent level amid a rising interest rate scenario across the globe

Old pension scheme bad for India: PFRDA ex-boss Supratim Bandhyopadhyay

"The old pension scheme is like accepting a post-dated cheque of a bank that is bound to fail"

Over 91,000 retired employees apply for higher pension option: EPFO

However, the option to avail higher pension by the existing employees is still open till May 3

Explainer: New EPS rules and why higher pension will come at a cost

Employees need to weigh the pros and cons before opting for a higher pension; EPFO also needs to clarify how the higher contribution to EPS will be funded

Fresh formal job creation below 1 million for third month: EPFO data

Surprisingly, the number of new male subscribers fell more (14.9 per cent) than female (12.9 per cent) in December

Build diversified portfolio, don't chase the mirage of safe equity fund

There are three approaches investors may take as they decide their asset allocations

Top headlines: Wipro fires 452 freshers, Sodhi's exit from Amul and more

Business Standard brings you the top headlines at this hour