Private sector employees have got a big relief. After retirement, it is going to be easier to get pension from EPFO’s pension scheme EPS. This change will come into effect from next year i.e. January 1, 2025, after which it will become easier to get pension from any branch of any bank. The central government
Employees working in the private sector often invest in some schemes and try to save a lot of money for retirement. Some invest money in Mutual Funds, while others want to save money by investing in other government schemes, but you have an option of Employees Provident Fund Organization (EPFO) account, which can give crores
Almost every professional working in the private sector saves some of his earnings and invests it in a place where he gets great returns, which does not let him face financial problems after retirement. In this regard, PF accounts are a great option, in which not only do you get great returns, but your pension
The Employees’ Provident Fund Organization has given a great news for its members. Now people will not have to face any problem in claim settlement or any other problem, because the Union Ministry of Labor and Employment is bringing a new IT system. Union Labor Minister Mansukh Mandaviya said on Wednesday that the Employees’ Provident
Employees Provident Fund Organization (EPFO) has made changes in many rules, so that employees do not have to face any kind of problems. EPFO has also provided the facility of auto-mode settlement for advance claims for medical, education, marriage and housing purposes. PF account holders whose income is more than Rs 6 crore can avail
Employees’ Provident Fund Organization (EPFO) has introduced a new rule regarding the PF account of employees. This change is for all PF account holders. If you are also a PF account holder, then this rule has been introduced for you. EPFO has introduced some new rules to correct and update the details in PF accounts.