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Thursday, October 28, 2021

Employees provident fund

EMPLOYEES PROVIDENT FUND NEWS

CBDT notifies rules to calculate taxable interest in provident fund accounts

September 02, 2021 4:31 pm

According to the Income-tax (25th Amendment) Rules, 2021, for the purpose of calculation of taxable interest, separate accounts within the provident fund account shall be maintained during 2021-2022 and all subsequent years for taxable and non-taxable contributions made by a person.

Safe and open

March 08, 2021 9:57 am

There is a strong case for EPF rate being retained at 8.5 per cent. It also calls for greater transparency from body administering it

EPFO starts crediting 8.5% interest rate for 2019-20

January 01, 2021 3:31 am

The Indian Express had reported Wednesday that the Finance Ministry had granted clearance for the interest rate recommendation of 8.5 per cent.

EPFO starts crediting 8.5% interest for 2019-20, to reflect in EPF accounts from January 1

December 31, 2020 8:00 pm

A large number of members of the Employees Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with credit of 8.5 per cent rate of interest for 2019-20, news agency PTI said quoting a senior official.

EPF members withdraw Rs 39.4K crore during Mar 25-Aug 31; highest from Maharashtra

September 15, 2020 11:54 am

Members of Employees’ Provident Fund Organisation (EPFO) were also allowed relaxation in March regarding withdrawal of their funds to mitigate financial difficulties posed by the pandemic.