Saving Schemes Articles

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...

The Employees’ Provident Fund and Miscellaneous Provisions Act 1952 is a long-term savings scheme in India. The scheme provides retirement benefits to eligible employees working in the organised sector. It requires an employee to make contributions towards a provident fund...

EPF Form 11 is a self-declaration form that an employee must fill while joining a new organisation to transfer a PF account automatically. However, the new employer must be covered under the Employees Provident Fund (EPF) scheme as per the...

Members of the EPFO are, by default, part of the Employee Pension Scheme (EPS). On retirement, the individual is eligible for a regular pension. To apply for the pension amount, one needs to submit the EPF Form 10D. Therefore, the...

What is EPF Form 10C? Under the EPF scheme, you (the employee) and your employer have to contribute to the Employee Provident Fund during your service period. When you leave the job, you might want to carry forward your EPF...

Employee Provident Fund (EPF) is a retirement corpus built with the contribution of both employee and employer. Employees can withdraw from their EPF account before maturity, subject to certain conditions. After applying for withdrawal of funds, you can check your...

The future is always uncertain, and being well prepared for it is what we can do today. Insurance is one of the best ways that offer financial support to the family. The Government in 1976 introduced the Employees Deposit Linked...