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EPF & PPF

How to Register your EPF Grievances Online in EPFiGMS portal?

Employees' Provident Fund has a dedicated portal to register all your complaints related to EPF. An employee in India can register any question/issues in related to their EPF accounts like withdrawal, EPF transfer or complaint against their employer and many more. In this post, we will see how to register your EPF grievances online in EPFiGMS portal. This website is connected to all regional PPF offices in India, hence any complaint or concern registered at this portal is communicated immediately to the concerned PF

How to open PPF account in HDFC bank

PPF is one of the most popular investment options for retirement in India. The Indian Government has expanded the PPF schemes from nationalized banks, post offices to major private banks in India so that PPF scheme is accessible to more people in India. In this post, we will see how to open PPF account in HDFC bank. HDFC is the latest bank to join in providing PPF scheme to mobilize retirement savings in India. The PPF Scheme offers an investment opportunity with decent returns coupled with income tax benefits in India.

How to open PPF Account in ICICI Bank and invest online

Public Provident Fund (PPF) is one of the top most investment option preferred by Indians for their retirement needs. PPF returns are fully exempted from tax and it offers attractive interest rate. In PPF, investors can invest as minimum of Rs 500 to 1,50,000 in a financial year. PPF account holders have the useful options like withdrawal, loan against PPF etc. thus PPF remains one of the popular long term investment in India. How to open PPF Account in ICICI Bank and invest online ICICI

Format of EPF Account Number in India

EPF Number is the account number that can be used to get your EPF transferred, to check the status of your EPF, or to check the balance in the EPF account, etc. The typical EPF account number is given below Example 1: KN/KRP/0054055/0000250 Example 2: KN/KRP/0054055/000/0000250 EPF number contains both the alphabets and numbers. Every part of EPF number is separated by the slash( / ). Format of EPF account number in India KN = First two characters represent Regional

How to open PPF Account in Axis Bank: Features, Eligibility & Withdrawal

Axis PPF Account - Get to know everything related to opening a PPF account in Axis bank, features, interest rate, eligibility , etc. A PPF is an excellent way to save for your retirement by investing small amounts of money regularly. Also, PPF enjoys Exempt-Exempt-Exempt (E-E-E) tax status. This means, Your PPF contributions are eligible for tax deduction under Section 80CInterest earned from PPF is tax-freeEven maturity are also exempt from tax. However, the most common question often asked is ‘how to open a

EPF UAN Correction – How to update Name, Birth Date Online in UAN?

Do you want to change/correct your name or Date of Birth in PF account because it is wrong? Do you want to change your Surname name after the marriage? Now your name, gender and date of birth correction can be easily updated in UAN online. Let us see the process below. The employee will first raise online request in UAN portalNext step is your change request will be forwarded to the current employer.The employer can approve or reject the request online.Once the Employer approved, the request will send it to EPFO

Tax On EPF partial Withdrawal in India

Contribution towards your EPF or PPF account provides a benefit by way of a deduction under Section 80 C. It also is good to know what would be the income tax implications of your PF withdrawal or advances. Basic Rule for PPF or EPF withdrawal You are allowed to withdraw up to 50% of the balance in the EPF account after completion of 5 years. One partial withdrawal is allowed in each fiscal. Interestingly, EPF withdrawal is taxable under certain circumstances and exempt under certain circumstances.Let us