Epf
EPF, EPS contribution limit may be hiked: Impact on salary explained
A higher wage ceiling will influence both the benefits and deductions within your salary structure
 "EPF, EPS contribution limit may be hiked: Impact on salary explained")
Why should you check if your EPF interest is credited on a regular basis
Recent tax rules state that interest on contributions exceeding Rs 2.5 lakh per year is taxable, so keeping an eye on credited interest helps you plan your tax liabilities and ensure accurate filings
 "Why should you check if your EPF interest is credited on a regular basis")
Know how to make changes in provident fund accounts & document required
A joint declaration is a request submitted by employees, which is verified by the employer, to modify or update key details in the members' basic profile information
 "Know how to make changes in provident fund accounts & document required")
Tax on EPF withdrawals: Know what rules say about deduction, exemption
To ensure accurate TDS deduction it is important to submit your PAN when applying for provident fund withdrawal
Fresh formal hiring at seven-month high in April, shows EPFO data
Earlier, in Sept 2023, 950,527 fresh formal employees had joined EPF. The EPFO data is considered crucial as only the formal workforce enjoys social security benefits and is protected by labour laws
 "Fresh formal hiring at seven-month high in April, shows EPFO data")
Provident fund nomination: How it helps your family in getting pension
Members can now update their nominations online through the EPF members' portal
 "Provident fund nomination: How it helps your family in getting pension")
What all changes after Karnataka HC ruling in EPF case
The court found that the provisions that allowed international workers to contribute to the funds were "discriminatory" and violated Article 14 of the Indian Constitution
 "What all changes after Karnataka HC ruling in EPF case")
Online provident fund withdrawal: Steps, eligibility, documents needed
Complete withdrawal is allowed when an individual retires or remains unemployed for more than two months
 "Online provident fund withdrawal: Steps, eligibility, documents needed")
NPS added 19% fewer fresh corporate subscribers in first half of FY24
Experts blame the fall on higher exemption limit for Rs 7-5 lakh IT bracket
 "NPS added 19% fewer fresh corporate subscribers in first half of FY24")
Choosing NPS fund manager? Seek consistency across the asset classes
Switch fund manager only if long-term performance lags the category average
 "Choosing NPS fund manager? Seek consistency across the asset classes")
EPFO issues fresh guidelines for granting exemption to establishments
The new procedure contains direction for the establishments, regional offices, zonal offices and head office
 "EPFO issues fresh guidelines for granting exemption to establishments")
Seven states, UTs record decline in number of active EPF subscribers
However, at the national level, the total number of employees contributing regularly to the EPF grew by nearly eight per cent in the same time period
 "Seven states, UTs record decline in number of active EPF subscribers")
Scammers steal 1.83 cr from 11 EPF accounts using Aadhaar card details
The CBI has arrested a man for allegedly altering Aadhaar card details to withdraw Provident Funds of unsuspecting persons through online claims, officials said on Monday. Delhi-based mastermind Priyanshu Kumar allegedly orchestrated the fraud with the help of his gang, where he allegedly targeted individuals whose Aadhaar cards were not linked to their PF accounts, they said. The CBI has alleged that 11 Employees' Provident Fund (EPF) members were targeted through 39 fake claims and Rs 1.83 crore was siphoned off. The agency registered a case on February 8, 2022, against seven establishments and unidentified individuals on a complaint from the Employees' Provident Fund Organization (EPFO) related to alleged fraudulent activities involving identity theft aimed at illegally withdrawing funds from the PF accounts of genuine beneficiaries. The gang allegedly registered establishments in various cities like Nagpur, Aurangabad, Patna, Ranchi, in which PF coverage was taken online withou
 "Scammers steal 1.83 cr from 11 EPF accounts using Aadhaar card details")
 "How To Withdraw PF Advance Online? Here's A Step-By-Step Guide")
 "Early withdrawal from EPF account: Conditions & limits")
Rules to returns: What to consider in opting for higher pension from EPS
Factor in both the size of your retirement corpus and the risks in this scheme before taking the leap
 "Rules to returns: What to consider in opting for higher pension from EPS")
Rs 4,962 cr lying in inoperative accounts under EPF: Govt tells Lok Sabha
"As per paragraph 72(6) of the EPF Scheme 1952, certain accounts are classified as Inoperative Accounts. All such Inoperative Accounts, however, have definite claimants
 "Rs 4,962 cr lying in inoperative accounts under EPF: Govt tells Lok Sabha")
Formal job creation declines 7.5% in January, hits 20-month low: EPFO
The number of new monthly subscribers under the Employees' Provident Fund (EPF) has declined by 7.5 per cent to 777,232 in January 2023 from 840,372 in December 2022
 "Formal job creation declines 7.5% in January, hits 20-month low: EPFO")
EPFO board likely to decide interest rate for FY23 on March 25, 26
Sources said that the interest rate is unlikely to go below 8 per cent level amid a rising interest rate scenario across the globe
 "EPFO board likely to decide interest rate for FY23 on March 25, 26")
Old pension scheme bad for India: PFRDA ex-boss Supratim Bandhyopadhyay
"The old pension scheme is like accepting a post-dated cheque of a bank that is bound to fail"
 "Old pension scheme bad for India: PFRDA ex-boss Supratim Bandhyopadhyay")
