PAN or Permanent Account Number is a unique identifier for taxation purposes that ensures transparency in financial transactions and also plays a key role in EPF transactions. Users can link their EPF accounts with their PAN to avail of various EPF-related services. Linking PAN with EPF accounts is extremely important and it…
The Employees Provident Fund (EPF) is a social security scheme, established by the government under the Employee Provident Fund and Miscellaneous Provisions Act of 1952, for employees in India. This scheme mandates that employers with 20 or more employees must adhere to EPF regulations and secure PF registration. The EPF serves as…
The Employees’ Provident Fund or EPF is a social security program in India, overseen and regulated by the Employees’ Provident Fund Organisation (EPFO), a statutory body under the Ministry of Labour and Employment, Government of India. This scheme aims to offer financial security and retirement benefits to employees in the organized sector.…
An Employee Provident Fund or EPF account is a saving scheme designed for salaried employees in India, in which both the employer and employee monthly contribute 12% of the employee's basic salary and dearness allowance to the EPF account. This account is managed by the Employees' Provident Fund Organisation or EPFO and…
The EPF or Employees’ Provident Fund is a retirement benefit scheme offered to salaried employees, which is regulated by the Employee Provident Fund Organisation. Employees getting registered under the EPF scheme are assigned a Universal Account Number, which is assigned to every EPFO member contributing to this scheme. Employees Provident Fund Organisation…
The EPF or Employees’ Provident Fund is a retirement benefit scheme offered to salaried employees, which is regulated by the Employee Provident Fund Organisation. Employees getting registered under the EPF scheme are assigned a Universal Account Number, which is assigned to every EPFO member contributing to this scheme. Employees Provident Fund Organisation…