According to the regulations of the EPF plan, you are permitted to withdraw funds from your Employee’s Provident Fund (EPF) account for a number of reasons. You are permitted to take withdrawals from your EPF account beginning at age 55 in order to fund your retirement. know about withdraw from EPF corpus for repayment of…
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EPFO’s provisional payroll data, released on November 20th, 2022, shows that the organisation added 16.82 lakh net members in September 2022. A year-on-year comparison of payroll data shows a 9.14% increase in net membership addition in September 2022 compared to the same month last year in 2021. The net enrolment for the month is 21.85%…
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EPFO has implemented new rules under section 142 of the Social Security Code 2020. In which the EPFO has clearly instructed the employers that from September 1. If any PF account is not linked with Aadhaar number or UAN is not Aadhaar verified, then its ECR-Electronic Challan cum Return is not can be filled. It…
The provisional payroll data of EPFO published on 20th March, 2021 highlights a growing trend of subscriber base with the addition of 13.36 lakh net subscribers during the month of January, 2021. Despite COVID-19 pandemic, EPFO added around 62.49 lakh subscribers during the current financial year. The data reflects growth of 24% for the month of January, 2021 over December, 2020. Year-on-year comparison of payroll…
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Employees’ Provident Fund Organisation , an statutory organisation under Labour and Employment Ministry, has stated that an article was published in a section of media on 18.11.2020 under the caption “EPFO subscribers, firms down in Oct”. In this regard, EPFO has categorically clarified that tinformation contained in the article is incorrect and unsubstantiated. The article…
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