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As per PF rules, both employees and employers are mandated to contribute a certain amount of the basic salary towards EPFO to ...
12% of your basic salary is contributed by you towards PF. Your employer also contributes 12%, but not all of it goes to your PF account. Out of the employer’s contribution, 8.33% of ₹15,000 ...
The employees’ provident fund organization (EPFO) has laid down rules for insured members to withdraw, either in advance or full settlement, the balance from their provident fund (PF) savings ...
If you need funds for the marriage of your son, daughter, brother, or sister, you can withdraw an advance from your PF account. You can withdraw up to 50% of your total PF balance.
Minimum Rs 50,000 Even Without PF Balance If an employee dies while working, their family (nominee) will get at least Rs 50,000 as insurance money – even if there is no money in their PF account ...
If you do not furnish your UAN, your past EPF account becomes dormant. This means that your PF contributions—or your new employer’s—are not reaching your PF account any more.
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