In a recent order The Employees’ Provident Fund Organization (EPFO) has made it mandatory for new members to submit their Aadhaar numbers as part of the KYC (Know Your Customer) verification from March 1, 2013. This means that anyone joining salaried workforce needs to have Aadhaar number before March 1, 2013 or he might not […]
Aadhaar from UIDAI now compulsory for your EPF Account Read More »
Employee Provident Fund Organization (EPFO) has finally gone digital. Now you can check your EPF (Employee Provident Fund) balance online and generate e-passbook online. Here are 7 Steps to access your EPF e-Passbook: Step 1: Visit the EPFO members’ portal by clicking this link – http://members.epfoservices.in/ Step 2: Click on Register button at the bottom
EPF ePassbook: How to Check your EPF Balance Online? Read More »
If you have looked at your EPF (Employees’ Provident Fund) details you might have wondered about deduction of Rs. 541 per month from your company’s contribution to EPF. Here is the explanation: Every month you need to contribute 12% of your basic salary to your EPF account Your employer also needs to contribute 12% of
EPF (Employee Provident Fund) Interest Rate has been declared today for Financial Year 2011 – 2012. The bad news is it has been cut by 1.25% to 8.25%. This is first time that the interest rate for EPF/VPF is less than PPF (Public Provident Fund) and would affect about 6 crores subscribers. Below figure compares
As many of you might be aware about the EPF (Employee Provident Fund) & VPF (Voluntary Provident Fund) Interest rates are decided by Employees’ Provident Fund Organisation (EPFO) and the government every year. For the last financial year 2010 – 11 EPF interest rate was 9.5%, a surprising bonus of 1% for all the EPF & VPF
EPF & VPF (Employee / Voluntary Provident Fund) Interest Rates Read More »
