News
When Will You Get ₹15 Lakh Gratuity? What is the Rule for Just 5 Years of Service?
Gratuity is a statutory benefit rewarding employees for long service, payable after five continuous years with an employer. The amount depends on last drawn salary and years served, with a tax-free limit of ₹20 lakh for private and ₹25 lakh for government employees. Achieving ₹15 lakh in five years is rare without a very high salary or longer service.
EPFO Insurance: Know How to Get ₹7 Lakh Insurance Coverage Under EPFO Scheme, Eligibility and Claim Process Explained
The EDLI scheme offers EPF members life insurance coverage up to ₹7 lakh at no extra cost, funded entirely by the employer. Eligibility requires active EPF membership and at least 12 months of employer contributions. The payout is 35 times the average monthly salary of the last year, plus a bonus. This benefit provides critical financial security for families of EPF members.
EPF Contribution Rule Change: New Formula Implemented for PF Calculation After Salary Structure Revision
The new EPF rules have removed the ₹15,000 salary cap, requiring contributions on full basic wages including certain allowances. Employees can opt for higher pension contributions based on full salary, increasing their future pension but reducing immediate EPF savings. These changes, driven by a Supreme Court ruling and the new wage code, enhance retirement benefits but may slightly reduce take-home pay.
How to Check PF on Mobile? Learn How to View Your PF Balance Without a PIN
The Employees’ Provident Fund (EPF) is a key retirement savings scheme in India. Checking your EPF balance is easy and can be done without a PIN using your activated UAN. Options include missed calls, SMS, and the UMANG app. For private trusts, check via salary slips or HR. Don’t forget to activate your UAN for seamless access.
PF Withdrawal Process: How Many Days Will It Take to Receive the Full Amount? Understand the Rules
EPF withdrawal is allowed under specific conditions like unemployment, medical emergencies, education, and housing. Full withdrawal is permitted at retirement or after two months of unemployment. The process requires submitting relevant forms and documents, with processing times varying from a few days to weeks. Keeping KYC updated and understanding withdrawal rules ensures smooth access to your retirement funds.
PF Balance Check: How to Check the Balance in Your PF Account
Checking your EPF balance is essential for tracking your retirement savings and contributions. You can easily check your PF balance online via the EPFO portal or UMANG app using your UAN, or offline via SMS and missed calls. Regular balance checks ensure transparency, help with financial planning, and keep your retirement fund on track for the future.
Good News for Pensioners: Submit Life Certificate from Home, Know the Full Process
Super senior citizen pensioners aged 80 and above receiving pensions from Punjab National Bank can submit their annual Life Certificate from October 1, 2025. Options include face authentication via Jeevan Pramaan app, biometric verification, doorstep banking, or physical submission at branches, ensuring easy and timely pension credit without November crowds.
EPFO Issues New Directive or Your PF Money May Get Stuck
Withdrawing or transferring EPF funds can be frustrating due to mismatched personal details, incomplete KYC, and system glitches. Many face claim rejections and delays caused by minor discrepancies in names or bank information. Persistent follow-up and accurate documentation are essential to access EPF savings smoothly and avoid prolonged disputes.
PF Advance or Loan? Which Option to Choose in Need, EPFO Explains
EPFO allows employees to access their PF savings through two options PF Advance and PF Loan. But which one is better during financial emergencies? Both options differ in rules, repayment terms, and eligibility. In this article, find out what EPFO recommends, how to apply safely, and common mistakes that can delay your PF withdrawal.
Important Update: Can You Withdraw PF Money Without a UAN Number? Here’s How
You can withdraw your Provident Fund (PF) even without a UAN by applying offline at your nearest EPFO office. Submit Form 19, Form 10C, ID proof, and an employer verification letter. Though the offline process takes longer, UAN activation later helps you check balance, transfer PF, and file online claims easily.
