If an employee of private company succumbs to Covid then his nominee to get Rs 7 lakh
If an employee of a private company dies, then his family members can make a death claim of Rs 7 lakh.
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Browsing Tag
epfo
Coronavirus Impact: Corona broke the backbone of the salaried class, 71 lakh PF accounts closed…
Coronavirus Impact on Salaried Employee: Rs 73,498 crore was withdrawn from PF accounts between April-December 2020. In the year 2019, this figure was 55,125 for the same time. Finance Minister Nirmala Sitharaman gave this information on…
Want to link a new bank account to EPF Account? Know what is its process
The account holders are not able to withdraw money from their PF account due to non-updating of bank account information. In such a situation, you have to update your new bank account information with the PF account.
You can withdraw from your PF account even without UAN, know step by step process
If you do not have a UAN, you will have to fill a PF withdrawal form for withdrawal from the PF account and submit it to the local PF office. The EPF member will have to download an Aadhaar-based Composite Claim Form or Non-Aadhaar…
EPF Interest Rate: EPF interest rate not reduced, 8.5% interest for 2020-21 as before
Provident Fund Organization (EPFO) has announced interest rate on provident fund deposits for the financial year 2020-21. There is no change in the interest rates. Like last year, EPFO will pay 8.50 percent interest this time too.
EPFO Whatsapp Helpline Service: How to complain about any problem related to PF account on WhatsApp?
If you are facing any problem related to the PF account then now it can be reported through WhatsApp. EPFO has launched a WhatsApp helpline service for quick resolution of shareholders' complaints. Under this service, PF shareholders can…
PF Interest Rate: EPFO can declare interest rate on deposits for 2020-21 on March 4
The Retirement Fund Body (EPFO) may announce the interest rate on provident fund deposits on March 4 for the financial year 2020-21. The EPFO has a meeting in Srinagar on March 4. The proposal to announce the interest rate for 2020-21 may…
You can check PF account balance and interest received in simple steps
If you have a PF account, then know that the Employees Provident Fund Organization (EPFO) has started to credit interest at the rate of 8.5 per cent for FY 2019-20 in the Provident Fund (PF) account of its more than six crore subscribers.…