EPF withdrawal limit was Rs. 50,000 earlier against illness if you went to apply for partial withdrawal from your provident fund account. Now the EPF withdrawal limit has been increased to Rs. 1 Lac against illness from your provident fund account for treatment of yourself and your dependent loved one. Official notification has been published … Read more
Provident Fund Exempted Establishment is a type of establishment or company who has taken special permission from provident fund department to maintain their own Provident Fund Trust. In case of Provident Fund Trust, the contribution towards Provident fund rest with the trust and company only deposit and file returns against the pension part. To know … Read more
PF Claim Settlement procedure in EPFO is now online. Now Provident Fund Member can apply for Provident Fund, Pension Fund and Provident Fund Advance online via EPFO portal. Requirement before PF Claim Settlement in EPFO Before PF claim Settlement, employee or provident fund member required to activate their UAN number first. Member KYC like Aadhar, … Read more
What is Jeevan Pramaan | Life Certificate? Jeevan Pramaan Life Certificate is required to submit by every pensioner & every year within the month of November as a proof that the pensioner is alive. And Government or EPFO continues to provide the pension benefit to the pensioners based on the Life certificate submitted by the … Read more
Non-Payment of Provident Fund dues always cost thousands of rupees to Companies as penalties or fines. As per the Employees Provident Fund & Miscellaneous Provisions Act, 1952, every company or establishment required to get their organization registered under the Act if they wish to employ 20 or more manpower in their organization. According to the … Read more
Provident Fund Interest Rate Notification for 2022-23 Provident Fund Interest Rate declared by the Provident Fund department on 24th July, 2023 vide notification number: INV-11/2/2021-INV/2766. For the 2022-23 financial year it was declared and the effective rate of interest is 8.15% which is 0.05% more than the previous financial year. Provident Fund Interest Rate Notification … Read more
EPFO Death claim Settlement SOP has been issued by Employees Provident Fund Organization Ahmedabad Regional office in case of Industrial Accident. The SOP has been issued by the RO, Ahmedabad on 03/08/2022 vide Notification number GJ/AHD/EPF/RPFC-II/SOP/Death due to Industrial Accidents/27. According to the SOP, it is requested to all establishment to report Industrial death case … Read more
EPFO E- Nomination Reward: Employees Provident Fund Organization, under Ministry of Labour and Employment one of the leading organization involved in providing social security benefit to about 4.5 crores employees working under Private companies and their families. The benefit provided in the form of Provident fund, Pension fund, EDLI insurance as per the provision of … Read more
Before the celebration of 75th Independence Day, Employees Provident Fund Organization (EPFO) has officially launched the PF EDLI Pension Calculator in their official website. By the end of this Article, we will exactly know how to check the benefit under Employees deposit Link Insurance and Pension by using PF EDLI Pension calculator. Short Brief About … Read more
ESIC PF lost Registration Certificate: After getting registration under ESIC and Provided Fund, employer get the registration certificate from respective department in registered mail ID. If the employer lost the certificate due to any reason then how can they get the certificate again? By the end of article you will know the exact answer. Every … Read more