Page 5 - Provident Fund

Soon, you won't have to transfer EPF account on job change; here's how

This will ensure that employees no longer have to transfer the money in their provident funds when they change jobs

Record 1.54 million additions to EPFO in September, shows data

There was net addition to the EPF subscription at 6.48 million in the first half of the current fiscal year, which is higher than the 6.11 million in the entire FY19

Decoded: What is Provident Fund and when can you withdraw money from it?

The EPF (employee provident fund) has traditionally been the most common tool for salaried Indians to save for their retirement. But what is a provident fund? Get answers to all queries related to PF

Air India seeks transaction advisors for selling PF trusts securities

The Air India Employees Provident Fund trust and Indian Airlines Employees Provident Fund trust are governed by the Provident Fund Trust Act, 1925

Chipping away at EPFO's benefits

If the Centre only enforces mobility between the EPFO and NPS, the subscribers will settle the argument by voting with their feet

EPF contribution of over Rs 2.5 lakh now requires 2 PF accounts

The rules will be effective from April 1, 2022.

Top headlines: Govt plans land sale worth Rs 600 cr, EPF to give tax info

Business Standard brigs the top headlines of the day

Your EPF account will now show taxable and non-taxable balance

Those earning high salaries should think twice before getting it restructured

Separate accounts within PFs to be maintained for taxation purpose

The Budget 2021-22 announced income tax on interest accrued on annual provident contributions above Rs 2,50,000 for non-govt employees and Rs 500,000 for govt employees

Streamline investment for insurance, pension funds in InvITs: NITI Aayog

A staggered approach should be followed for streamlining of investment guidelines and limits to keep pace with the growth in the InvIT market, it suggested

EPFO defers filing of PF return with Aadhaar seeded UANs till September 1

Retirement fund body EPFO on Tuesday deferred implementation of its order mandating filing of PF returns with Aadhaar-verified universal account numbers (UAN) till September 1, 2021. This will give more time to employers to link their employees Aadhaar number with PF accounts or UAN. Earlier, the EPFO had set the deadline of June 1, 2021. The date of implementation for filing ECR (electronic challan cum receipt or PF return) with Aadhaar verified UANs has been extended to September 1, 2021, showed an office order issued by the Employees' Provident Fund Organisation (EPFO). The EPFO had issued office order for the field staff on June 1 saying that the ECR shall be allowed to be filed only for those members, whose Aadhaar numbers are seeded and verified with the UAN, with effect from June 1, 2021. The EPFO had decided to make Aadhaar seeding compulsory after a labour ministry notification in this regard. A notification was issued by the labour ministry on May 3, which mandated the .

Rejig wage structure to benefit from EPF rule change, say analysts

If employer contribution is low, get salary restructured to enjoy higher tax-free interest

Finance Bill gives relief on digital tax, provident fund threshold

Tax breaks for DFIs; way for LIC listing cleared

Budget proposals will ease taxpayers' burden from April 1, say experts

But changes like taxation of EPF contributions above Rs 2.5 lakh will pinch the wallet

Non-govt PFs, gratuity funds can invest in alternative investment funds

Finmin notifies changes to the investment pattern of these funds

Top headlines: Rich PF investors may opt for debt funds, GST slab merger

Following the backlash it received for the update to its privacy policy in early January, WhatsApp will now let users take a better look at the changes that have been proposed. Read top news here

Wealthy PF investors may opt for debt funds as Budget changes tax rule

Budget proposes that interest on the PF contributions (employee contribution) above Rs 2.5 lakh per annum be taxable with from April 1, 2021

If you want higher returns, and are prepared for volatility, opt for NPS

But be ready for lock-in till the age of 60, volatility, mandatory annuitisation

Sheen diminished for VPF, but not lost: Here's how should you invest?

Only PPF and Sukanya Samriddhi offer higher returns among govt-backed schemes

21.5% growth in direct tax revenue for FY22 a realistic goal: CBDT chairman

In a Q&A, P C Mody says while income tax slabs have been left untouched, more money is being put in the hands of taxpayers with faster refunds. Tax administration reforms will boost tax compliance