75% EPF withdrawal allowed if unemployed for more than 1 month (Hindi Version Included)
कर्मचारी भविष्य निधि संगठन (epfo) के सदस्य के पास अब एक महीने तक बेरोजगार रहने की स्थिति में 75% तक राशि निकालने का विकल्प होगा.
Govt not to hike basic salary to Rs.21,000 to increase EPFO coverage
The labour ministry has decided not to act on a proposal approved by the EPFO to increase the salary threshold from up to Rs.15,000 to Rs.21,000 per month to bring more workers under mandatory EPF coverage and give them PF and pension benefits.
Rate of Interest for State Railway Provident Fund for the period from July 2017 to September 2017
Rate of Interest for State Railway Provident Fund for the period from July 2017 to September 2017 – Rate of interest during the year 2017-18 (July, 2017 – September, 2017)
Employee Provident Fund – self-declaration for advance required in case of illness of members/ dependents
Employee Provident Fund – EPF members now required to submit self-declaration for advance in case of illness of members/ dependents
EPF Member can withdraw 90% fund for purchase of house
EPF Member can withdraw 90% fund for purchase of house – Labour Minister reply to Rajya Sabha
EPF Form 11 – New Declaration Form replaces existing Form No: 1
EPF Form 11 – New Declaration Form replaces existing Form No: 11 and also replace Form No.13 in all such cases where existing member to the Provident Fund makes a request for transfer of his fund availing the facility of UAN
EPFO Amendments – CITU Press Statement
CITU press release on the recent amendments in EPFO and postponement of implementation
EPF Debate Prompts a Relook at Retirement Planning
Those who raised their pitch against the EPF tax proposal are claiming victory. But the withdrawal should not bury a more fundamental and longterm concern: Do we Indians plan well for life after superannuation?
EPF Interest for 2015-16 – 8.8% – Incentive for employer complying with KYC
EPF interest rate for previous year was fixed at 8.75%. For the year 2015-16, interest for contribution made by employer and as well as Employee will 8.8%.
Deduction of Income Tax on 60% of Provident Fund withdrawn – Staff Side JCM reacts
Secretary, National Council (Staff Side) has made a request to defer Income Tax on withdrawal of PF 60%
Budget 2016 – Tax Treatment on Provident Funds, Pension Fund and NPS
National Pension System is presently subjected to income tax on EET (Exempt Exempt Tax) Basis. Whereas Provident Funds such as PPF, EPF etc and Superannuation Funds are fully exempted from Income Tax on EEE basis (Exempt, Exempt, Exempt). Changes made in Income Tax Provisions in the Budget 2016 has sought to rationalize all these Provident Funds and Pension Funds as far as treatment of income tax in respect of these schemes are concerned
Budget 2016 – PPF, EPF principal amount continue to exempt from Income Tax
Based on Budget Speech in parliament the change in taxation with regard to EPF was interpreted to the effect that 60% of Employee subscription in EPF and PPF would be subjected to income tax