interest on contribution in EPFO when the person is not in service since last 4 years
Dear sir, I am not in any job throughout country and my contribution in EPFO is not being done by me as well as by my employer. I have got interest on my contribution till 2017-18. I want to know that will I get the interest on it in coming years, or should I withdraw my deposit ? more
I am facing the identical issue as I realised after I got my final settlement amount that interest was calculated only upto March 2011 as I had no contribution after 2008-09. I withdrew the amount after attaining 58 yrs of age thinking interest would be paid upto retirement age ( in my case 58) but was disappointed to note stoppage of interest after March 2011. Can anyone please advise how do I take up this loss of interest calim and with whom. Thanks. more
If you have downloaded correct account statement through UAN then you are a lucky person.....have pathetic experience when UAN was not there and got a statement of account after eight years of leaving the company.....keeping money will be a kind of harassment in my opinion....please share the reply of EPFO if any....thanks On Thu, 16 May 2019 13:26:13 +0530 "Sushil Kumar Goel" wrote > more
In a groundbreaking leap for modern financial freedom, the Employees’ Provident Fund Organisation (EPFO) has announced that, starting 2025, its 7 crore members will finally be able to withdra...
withdraw your money regularly for your marriage, health expenses to parents, children's education etc. Don't keep your money there. Some of the other members are right. The makkari and c...
One of our employees father cant seem to withdraw his EPFO funds. His words to the team today: EPFO is not for your welfare. It's a forced investment into govt. securities. J...
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
By Satvik Singh
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