Tag: Employee Provident Fund
Payroll addition figures for February at a 3-month low: EPFO data
Indian employees with IW status will reacquire prior status on repatriation:...
IWs faced a lot of problems when returning to India, in terms of higher contributions and restrictions on the withdrawal of accumulated balance.
Your unclaimed provident funds can suddenly turn lucrative
EPF pensioners will be able to avail medical facilities from a network of more than 1,400 dispensaries and 150 hospitals under ESIC.
No change in contribution to Provident Fund at 12 percent: EPFO
The Central Board of Trustees (CBT) has turned down the proposal to reduce the mandatory contributions from workers and employers to 10 per cent.
EPFO to further simplify its process; no supporting document required for...
In a bid to increase social security and enhance worker awareness EPFO has taken significant measures to provide more benefits to members and ease the withdrawal process.
Catch up: Organisations can now enrol employees under EPF amnesty scheme
Companies which had not earlier enrolled their employees under the EPF scheme can now do so, against payment of a minimal damage fee of Re 1 per year of default.
Government allows premature withdrawal of PPF
The investor will have to provide a valid reason for the same which includes expenditure towards higher education or medical treatment.
Budget 2016-17: Government adds tax to Employees’ Provident Fund
GOI has proposed to bring EPF at par with NPS, which has a tax rebate on 40 per cent of the corpus while the remaining 60 per cent is taxable.