Govt restricts EPF withdrawal amount to employees share only till retirement

Indian Govt has brought a new amendment in the EPF rules, according to which the members will not be able to fully withdraw from their EPF before they reach the retirement age. The maximum one will be able to take out is their own contribution and its interest (which was raised to 8.8% recently), and […]

READ MORE

EPF withdrawal made super easy – No Employer signature needed

Here is a great news for all EPF account holders. EPFO has come up with new and revised forms using which EPF withdrawal process is now super easy and can happen without employer signature or any involvement. Now you can directly submit the EPF withdrawal forms and the settlement will happen directly into your bank […]

READ MORE

UAN – All you wanted to know about the new EPF system

EPFO has brought some major changes in the way it works and a new system called UAN (Unique Account Number) is in place now. This UAN is a way to simplifying the process of collecting and managing the provident fund money for employees. Background – The pain of the old EPF system Before I start […]

READ MORE

6 reasons for which you can withdraw from your EPF – like Buying House, Medical treatment, Marriage etc !

Yes, you read it right ! . Most of the people do not know that they can withdrawal partially from their EPF account even when they are in the job for some specific and important reasons in life like buying house, marriage and paying for education fees. Today I am going to share with you […]

READ MORE

Is your Company Depositing your EPF money ? Are you Sure?

I don’t want to shock you, but there are tons of cases where employer happily deducts your EPF amount from your salary, but they do not deposit it with EPFO. This goes on for years and one day you come to know that you are stuck ! , because there is no EPF money for […]

READ MORE

Online EPF Transfer and Withdrawal from July 1, 2013 – Great News !

Starting July 1, 2013 , EPF account holders will be able to withdraw or transfer their EPF accounts from one employer to another employer online. EPFO has said that they are working on setting up a central clearance house which will be operational from July 1, 2013 . One of the major problems faced by employees […]

READ MORE

Yes ! – You can withdraw your EPF without Employer Signature

Do you know how to withdraw your EPF without Employer Signature ? Do you think if its possible at all ? Is your previous employer not signing your EPF Withdrawal documents? Have you left your company long back and now you can not take your past employer signatures ? Or is your EPF company stuck […]

READ MORE

EPF e-Passbook – Check Employee Provident Fund Balance Online

Good news for EPF account holders. Now you can check your Employee provident fund balance online using the new e-passbook service by EPFO website. EPFO has introduced a new concept called “EPF Account Passbook”, which will allow EPF Account holders to download their EPF Balance passbook at any time they want, which means you can […]

READ MORE

10 hidden EPF Rules which will blow your mind

We will discuss few EPF rules today. A small part of your salary (12% of your basic salary) is invested in something called EPF or Employee Provident Fund and an equal amount is matched by your employer each month. This is what 95% of people know, but there are many things which a lot of […]

READ MORE

File an RTI application for EPF withdrawal or EPF Transfer Stutus

Are you frustrated because of the delay in your EPF withdrawal or EPF transfer? Are you waiting from many months or years at times to get any kind of clarity on your EPF status? Are you frustrated with your EPF withdrawal or transfer? I have seen countless number of people on this blog and other […]

READ MORE

FREE Financial Health Checkup

Take up a detailed 25 questions financial health checkup to find out how much you score out of 100?

Archives