Saving Schemes Articles

Members registered on the EPFO portal can use the online withdrawal facility for processing their withdrawals. You can withdraw the entire EPF balance upon retirement. Furthermore, if you are unemployed for more than two months, you can withdraw the PF...

Employee Provident Fund EPF is one of the popular savings schemes introduced under the supervision of the government of India. Also, it is the main scheme under the Employee Provident Funds and Miscellaneous Act, 1952. Furthermore, this savings scheme is...

Employee Provident Fund (EPF) and Public Provident Fund (PPF) are government savings schemes that guarantee returns and offer tax benefits. One is mandatory for all employees, while the other is a voluntary scheme for all Indians. These two schemes differ...

The objective of Employee Provident Fund (EPF) and Employees Pension Scheme (EPS) is to help individuals save the money for their retirement. The schemes are framed under the  Employee’s Provident Fund & Miscellaneous Provision Act, 1952 and administered by the...

For any employee who receives a salary in India, the employer deducts a certain amount of money as PF (Provident Fund). Moreover, EPF is a popular savings scheme. It was launched under the supervision of the Government of India. Thus,...

Employee Provident Fund (EPF) is a savings scheme for retirement regulated by the Employees Provident Fund Organisation (EPFO). Under this scheme, the employer and employee contribute monthly in equal proportions of 12% of basic salary and dearness allowance. The money...

EPF Form 5 is an important form for companies that are registered under the Employee Provident Fund Scheme. The main purpose of Form 5 is to inform the Official EPFO Website about new joinees who are eligible for EPF services....

PF Form 2 focuses on the nominees. The form requires details pertaining to the nominee(s) and the percentage of corpus to be distributed to them. In the event of the employee’s untimely demise, the nominee will be eligible to withdraw...