One of the important details to fill in while enrolling for EPF is the “Nomination”. Every EPF member must have a nominee on the account, and the details are submitted via EPF Form 2. In this article, let’s learn about the purpose of EPF Form 2 and how to fill the form.
Senior Citizens Savings Scheme (SCSS) offers retirees a stable income and tax benefits. For Q2 FY 2023, the SCSS interest rate is 7.4% p.a.
Unlike a few PF schemes where employers and employees contribute a small portion to the funds, in the VPF, employers are under no obligation to contribute. Only an employee will contribute a portion of their salary towards the scheme.
Over the years, the Government of India has introduced several welfare schemes for the citizens. In this article, let us check a few financial schemes offered by each state government of India in their respective states.
Saksham Yuva Yojana focuses on the welfare of the unemployed but educated youth of Haryana. At the core of the scheme lies the objective of helping youths develop skills to enhance their employability.
While you are joining a new organisation, you must transfer your PF account from one employer to another, and the EPF Form 13 helps in this transfer.
EPF Form 31 is used to make an advance/partial withdrawal against a PF account. A partial PF withdrawal is only allowed in certain circumstances. Read on to know when and how.
EPF Form 11 is a self-declaration form the employee must fill out and submit while joining a new organisation registered under the EPF Scheme of 1952.
Public Provident Fund (PPF) is popular among risk-averse investors since the returns thereon are guaranteed by the government. As PPF is a long-term investment, keeping a tab on the account now and then is essential.
Although you can only access your PF account on retirement, the EPFO allows premature PF withdrawal rules in case of emergency. Let us look at the rules governing withdrawals, limits, eligibility, and documentation.
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