Pf Claims

EPFO introduces auto claim settlement for education, marriage, housing

Auto mode of claim settlement was introduced in April, 2020 for the purpose of advance for illness

Inclusion of foreign workers in PF is 'unconstitutional': Karnataka HC

The decision comes 15 years after the extension of PF and pension coverage to foreign workers via a legislative amendment

8.15% Interest for EPFO subscribers 'in pipeline', to be credited 'shortly'

The interest rate on EPF is reviewed annually, and for the fiscal year 2022-23, it is set at 8.15 per cent, up from the 7.59 per cent interest rate provided in FY22.

EPFO to run drive from December to recover dues from defaulting subscribers

With over 60 million subscribers and managing a corpus exceeding Rs 12 lakh crore, the EPFO provides its beneficiaries provident funds, pension, and insurance benefits through three schemes

You have time till 11 July to opt for higher pension: All you need to know

Subscribers should use the additional time to take a well-considered decision regarding whether to go for this option or stay with the current one that offers a higher lump sum

EPF: When can you withdraw, how is the money taxed, and how to avoid it

Withdrawals before five years are tax-free in cases of serious illness, employer discontinuation of operations, withdrawals not authorized by the employer, and advances under the EPF Scheme

EPFO settles 9.4 mn claims of formal sector workers since Covid-19 outbreak

The partial EPF withdrawal by private sector workers doubled during this period compared to last year

Retrieving Provident Fund balances from old accounts require some effort

Ensure all accounts have been merged into one before you begin withdrawal procedures

Limitation law not for PF claims

The Provident Fund Commissioner challenged the order through revision petitions filed before the Gujarat State Commission, stalling the complaint from proceeding on merits