EPF INTEREST CREDIT
Central govt employees: General Provident Fund (GPF), other provident funds' interest rates announced for July-September 2024 Central govt employees' salary: The Ministry of Finance has announced the interest rates of the General Provident Fund (GPF), Contributory Provident Fund (CPF) and other similar provident fund schemes for the July-September quarter of 2024. Will inv...
04 Jul, 2024, 01.12 PM ISTDocuments required for ITR filing: 10 documents you need to file income tax return Documents required for ITR filing: An individual should collect all the required documents such as Form 16, bank account statements, capital gains statement, depending on the incomes they have to make the ITR filing process easier. Here is the list ...
15 Jun, 2024, 04.36 PM ISTGeneral Provident Fund (GPF) interest rate for April-June 2024 quarter announced The Ministry of Finance has announced the interest rate for the General Provident Fund (GPF) and other similar provident fund initiatives for April- June 2024 quarter.
13 Jun, 2024, 11.55 AM IST
New EPF auto-settlement claim rules for medical, education, marriage, housing: How to use this facility, eligibility EPF auto-settlement of withdrawal claims: The EPFO in a press release has announced extending the coverage of auto-settlement of withdrawal claims to marriage, housing and higher education. The auto-settlement claim was earlier available for specifi...
16 May, 2024, 11.43 AM ISTWhen will EPF interest be credited for FY 2023-24? Here’s what EPFO has said, 4 ways to check PF balance EPF interest for FY 2023-24: The Employees' Provident Fund Organisation (EPFO) announced the interest rate for provident fund deposits for the 2023–2024 fiscal year in February of 2024. The interest rate for 2023–24 was raised by the EPFO from 8.15%...
02 May, 2024, 01.27 PM ISTEPF withdrawal claim: How many days does it take to settle an EPF withdrawal claim? Settlement of EPF withdrawal claim: Many Employees' Provident Fund (EPF) members experienced difficulties after submitting withdrawal requests from their EPF accounts. Some of them voiced concern, noting that there has been no news on the situation ...
02 May, 2024, 01.18 PM ISTThe unintentional tax-saving investment that most salaried employees do EPF as tax-saving investments: If you're a salaried employee and is/planning to opt for old tax regime for current FY 2023-24, then Employees' Provident Fund (EPF) contribution is one tax-saving investments that happens automatically. Many people fo...
31 Mar, 2024, 10.01 AM ISTDo EPF members suffer loss if interest payment is delayed by EPFO? Know how withdrawal works when interest credit is pending Going by the trends seen in many previous years, though interest rate on EPF deposits for the financial year 2023-24 was announced in February to be 8.25% however, the actual payment of interest into respective EPF accounts may take longer. Most EPF...
30 Mar, 2024, 11.46 AM ISTEPF interest rate hiked to 8.25% for FY 23-24; 4 ways to check your EPF balance EPF interest rate for FY2023-24: The interest rate will be formally announced in the government gazette if approved by the Ministry of Finance. EPFO will then credit the agreed rate of interest to its EPF subscribers' accounts.
13 Feb, 2024, 11.45 AM ISTEPFO Interest Rate Hike: EPFO declares 8.25% as EPF interest rate for FY 2023-24 EPFO Interest Rate Hike: The Employees Provident Fund is a mandated contribution for salaried employees. An employer is also obligated to make a matching contribution to the EPF account. On a monthly basis, an employee contributes 12% of his earning...
12 Feb, 2024, 02.12 PM ISTEPFO restricts credits, deposits into EPF accounts linked with Paytm Payments Bank from this date The EPFO advised all its Field Offices to refrain from accepting claims associated with bank accounts in Paytm Payment Bank Limited with effect from next month.
08 Feb, 2024, 05.49 PM ISTEPFO disburses Rs 48,000 crore Covid advance to over 22 million subscribers in 3 years As per the draft Annual Report 2022-23, EPFO disbursed Rs 17,106.17 crore in 2020-21 benefitting 6.92 million beneficiaries, Rs 19.126.29 crore in 2021-22 to 9.16 million beneficiaries and Rs 11,843.23 crore to 6.20 million beneficiaries in 2022-23.
20 Nov, 2023, 11.20 PM ISTEPF Diwali gift for you: Govt starts crediting EPF interest for FY 2022-23 into provident fund accounts; how to check EPF balance The Employees' Provident Fund Organisation (EPFO) has begun crediting interest into provident fund (PF) accounts, according to a PIB statement from November 1, 2023.
10 Nov, 2023, 02.11 PM ISTWhen will EPF interest for FY 2022-23 be credited, how to check EPF account balance EPF interest rate for FY 2022-23: Salaried workers are required to make a contribution to the Employees Provident Fund. Additionally, an employer is required to contribute in a matched manner to the EPF account.
22 Sep, 2023, 01.12 PM ISTWill your EPF account earn tax-free interest even after you leave job? Many salaried workers make monthly contributions to the Employees' Provident Fund (EPF) account knowing that the account will mature at the time of retirement. However, not many people are aware of the finer details of the scheme. How long money can...
10 Aug, 2023, 04.51 PM ISTGovt notifies interest rate of 8.15% on EPF deposits The Union government on Monday notified 8.15% as the interest rate on deposits under the EPF scheme for 2022-23, as recommended by the retirement fund body’s Central Board of Trustees in March this year. On Monday, EPFO also directed its field offic...
25 Jul, 2023, 12.02 PM ISTEPFO declares 8.15% as EPF interest rate for FY 2022-23 The EPFO has announced the interest rate for EPF accounts for the financial year ended on March 31, 2023. The interest rate for FY 2022-23 has been hiked by 0.05%
24 Jul, 2023, 02.11 PM ISTEPF interest rate fixed at 8.15% for FY 2022-23 by EPFO; hikes interest rate by 0.05% The Employees Provident Fund Organisation (EPFO) has fixed the interest rate at 8.15% for financial year 2022-23 as per the sources quoted by news agency PTI. If this interest rate is finalised by the Central Board of Trustees (CBT), then there is h...
29 Mar, 2023, 12.11 PM ISTSome EPF subscribers are yet to receive interest: How to check EPF interest credit status Time and again the EPFO has assured its subscribers that its interest credit is an ongoing process. EPF who have not received their interest took it to twitter to complain.
23 Feb, 2023, 11.45 AM ISTEPF interest: Why interest credited into EPF account is not visible, finance ministry clarifies According to the Finance Ministry, there will be no interest rate loss for Employees' Provident Fund Organisation (EPFO) subscribers, and the delay in crediting interest rate for FY22 is due to a software upgrade due to tax changes made last year.
06 Jan, 2023, 02.15 PM IST