Aadhar linking mandatory for PF Withdrawal is an important update. As we all know, many people have lost their jobs due to the coronavirus pandemic, while others have seen their income drop. Besides, due to medication and health issues, expenditures have risen. Therefore, Many Provident Fund (PF) contributors in India are withdrawing their contributions to … Read more
EPF account holders are eligible for the benefits of Provident fund (PF) under the Employees’ Provident fund. The employer is responsible for deduction and the EPF funds provide social security for the eligible candidates. Equal contribution is one of the key elements wherein both the employee and the employer have to contribute 12% of the … Read more
The second wave of the corona is more impactful than the first one and it created havoc among the people. Even the public is getting panicked because of the inflation in the medical sector, there is a shortage of oxygen cylinders and some states are running lack of remdesivir medicine. Also, the government has given … Read more
There is a piece of good news for all of us. This news is about the new PF limit increased to Rs. 5 Lakhs. The government has increased the annual cap for tax exemption on interest received on employee provident fund contributions to Rs 5 lakh. Therefore, in this article, we will discuss the EPF … Read more
Employment Provident Fund(EPF) is very necessary for all the employees working in India. Hence, a minor change in its rule can also affect a lot of people. The latest changes in the EPF rules for this financial year has been announced by our Finance Minister. In this article, we will discuss New EPF Rules: How … Read more