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New Delhi: The Employees Provident Fund Organisation has issued circular regarding discontinuation of extension of timeline for mandatory Aadhaar Seeding with UAN for filing of ECR in respect of Establishments in the North East Region and Certain Classes of Establishments beyond 31 October 2025. The mandatory requirement for filing Electronic Challan-cum-Return (ECR) only for those…
New Delhi: The Employees’ Provident Fund Organisation (EPFO) has decided to extend the date of ECR filing till 22nd October 2025 for the wage month September. The decision was taken considering the request from a number of employers in adapting to new features of the revamped ECR and consequent difficulty in filing returns by the…
New Delhi: Employees’ Provident Fund Organisation (EPFO) Members can apply for their PF withdrawal claims in full and in advance for various purposes. PF subscriber can apply for withdrawal both partially and fully. While a full withdrawal is generally permitted upon retirement or after two months of unemployment, partial withdrawals can be sought for medical…
The Employee Pension Scheme (EPS) is a pension scheme where employees receive a pension based on their years of service after the age of 58. Alternatively, you can take an early pension at 50 years of age. The pension fund is contributed to by both employers and employees. Let’s assume the salary of the individual…
The monthly pension for an employee is determined by their service period, which is taken up to the next year if their service period is six months or more. For instance, a service period of 10 years 7 months would be taken as 11 years. Taking an employee drawing a basic salary of Rs 68,000…
The Employee Pension Scheme (EPS) is a retirement plan managed by the EPFO that provides a monthly pension to employees after they turn 58. You can also opt for an early pension at the age of 50. Under this scheme, both employees and employers contribute to the Employees’ Provident Fund (EPF), with a portion of…
The Employee Pension Scheme (EPS) provides a monthly pension to employees after age 58, based on their salary and years of service. For a basic salary of Rs 68,000, the monthly pension would vary depending on the years of service. Let’s calculate the pension for 15, 28, and 32 years of service to understand the…
Last Updated:May 31, 2025, 16:43 is One of the most-anticipated features of the EPFO 3.0 is the ability for EPF subscribers to withdraw funds via UPI and ATM, which could revolutionise how PF is managed and accessed. As per a DD News report, the launch of EPFO 3.0 is expected in June 2025, though no…
The Employees Provident Fund (EPF) and Voluntary Provident Fund (VPF) are savings tools that help salaried individuals build a retirement fund with interest. Although they serve a similar purpose, they have distinct features. Let’s explore the differences between EPF and VPF to understand them better. Also, let’s find out how much extra amount you can…
The Employee Pension Scheme (EPS) gives you a fixed income after retirement. You can start receiving a pension at 58 or opt for early pension at 50. If you leave your job 10 years before turning 58, you can withdraw the pension amount in one go at 58. Let’s calculate your monthly pension with a…