Das started his financial planning journey in 2020, but he was not a first-time investor. “I had made my first mutual fund investment in 2012 and kept making investments here and there, even in some stocks. However, I had to withdraw nearly all my investments in 2016 to cover my wife’s medical emergency and make … Read more
If you are an EPF (Employees Provident Fund) subscriber and want to use one or more of the services given on the unified portal, then you need to visit the official website of Employees Provident Fund Organisation (EPFO) i.e., epfindia.gov.in. Navigating through the portal is quite straight-forward. Let us explain how this can be done. … Read more
If you are an EPF (Employees Provident Fund) subscriber, and want to check your passbook or the status of your claim, you can comfortably do it online. The only prerequisite for this facility is that the members should be registered on the unified member portal. And the passbook is made available after six hours of … Read more
In a landmark ruling, the Karnataka High Court has pronounced specific regulations for international workers within India’s provident fund law as unconstitutional and arbitrary. To comprehend this decision, it’s essential to review the legislative context: The provident fund legislation defines an international worker as an employee who holds a foreign passport and is employed in … Read more
To facilitate multi-location claim settlement within the prescribed time limits, Employees Provident Fund Organisation (EPFO) has come up with an arrangement wherein 19 regional offices are linked to 36 collaborating regional offices. The EPFO stated in a circular dated May 8, 2024 that the periodicity in offices across the country was discussed and deliberated in … Read more
Employees’ Provident Fund Organisation (EPFO) reported more than 19 per cent growth year-on-year to 1.65 crore members in fiscal 2024, the latest payroll data shows, showing improvement in the employment situation in the country, reported Press Trust of India. “In last 6 and half years alone, more than 6.1 crore members joined the EPFO fold, … Read more