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EPFO stands for Employees’ Provident Fund Organisation and is a non-constitutional body that promotes employees to save funds for retirement this organization is governed by the Ministry of Labor & Employment, Government of India & was launched in 1951.
The following are the benefits of EPF Registration in India:
Long-term goals:
Long-term goals like marriage or higher education, necessitate the immediate availability of funds. During such times, the accumulated Provident Fund amount is frequently useful.
EDLI Scheme:
Employee Deposit Linked Insurance Scheme or EDLI Scheme is available to all PF account holders. As per this, the life insurance premium is deducted at the rate of 0.5% of the salary.
Risk Coverage:
One of the main benefits of EPF Registration is that it covers the risks that employees & their dependents may face as a result of illness, death, or retirement.
Pension Coverage:
Apart from the employee’s contribution to EPF, the employer contributes an equal amount, which includes 8.33% to the EPF.
Need an Emergency:
Some unexpected events like marriage or other family gatherings and any mishap/illness, necessitate quick financial help, and the Provident Fund amount can be extremely beneficial.
What else can I help you with?
You want to know your EPF details DL19352204?
Check in EPF India's website
How do you check EPF balane?
You can check with your employer or visit the nearest regional epf office or check it online in epf India website
How can i get my pf status?
You can either visit your regional epf office or check it online through epf india's wesbsite
How do you check balan?
You can check with your employer or visit the nearest regional epf office or check it online in epf India website
How can you check FPF account balance?
You can either ask your employer or visit the nearest EPF office or check it online
Who governed Indian Airlines Employees Provident Fund?
The EPF Organization of India
How ESI EPF gratuity given to employee?
Employees' State Insurance (ESI), Employees' Provident Fund (EPF), and gratuity are different components of employee benefits in India. ESI provides medical and cash benefits to employees in case of sickness, maternity, or employment injury, while EPF is a retirement savings scheme where both employer and employee contribute a portion of the salary. Gratuity is a lump sum payment made to employees who have completed a certain period of service, typically five years, as a token of appreciation for their service. The eligibility and calculation of these benefits vary based on specific regulations and employment terms.
Is there a database of provident fund members?
Yes, and it is maintained by the EPF India website/organization
How to know the PF balance?
you can check with your employer or register in epf india website and check it online
Need epf account balance?
You can check your EPF balance from the finance department of your employer. Or, if you know your PF account number, you can check it online at the EPF website. Refer to the website in the related links section for details on how you can check it online.
What are the benefits of aviation in India?
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How do you get provident fund statement annually?
Ask your employer or register online in EPF India website and download it
