Pension commutation under EPFO from Jan 1

The labour ministry will soon issue a notification to restore pension commutation, or advance partial withdrawal, under the Employees’ Pension Scheme of the Employees’ Provident Fund Organisation (EPFO) from January 1, 2020. The move, which comes 10 years after the provision was withdrawn, follows a decision at a recent meeting of the EPFO’s central board of […]

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EPFO Assistant Result 2019 Declared, Check Result, Cut-off & Mains Exam Date Here

Employees’ Provident Fund Organisation (EPFO) has, today, announced the result of  Phase-I (Prelims) written exam for the post of Assistants (Assistants Section Officer). A merit list has been prepared of the selected candidates in the exam. All those candidates who appeared in EPFO Assistant Exam can check the result on EPFO official website epfindia.gov.in. EPFO […]

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Simple ways for EPF e-nomination updation and more

  Employee Provident Fund (EPF) members can use the e-nomination facility launched by the Employees’ Provident Fund Organisation (EPFO). The  EPF members whose Aadhaar is linked and verified on the member sewa portal can avail this facility. According to the notification issued by the EPFO,  this facility will help EPF members in various ways. The […]

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Your EPF Withdrawal Could be Taxable. Here’s How

Contribution towards an EPF account provides a benefit to individuals by way of a deduction under Section 80 C . It would also be good to know what would be the income tax implications of EPF withdrawal. Interestingly, EPF withdrawal is taxable under certain circumstances and exempt under the certain circumstances.\ The contribution to PF […]

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