My ID no 7911085146086
Names WILLEM JOHANNES PHILLIP
I just want to know if my employer J J DIENSTE ,POSBUS 2281 LICHTENBURG deduct any amount of money for my provident funds.Because I do not receive any other documents from him to let me know if he realy deduct the funds from my salary.
Thank you for your help in advance, I like to hear from yoy very soon as it is very ungent
Regards
Mr W.J.P. RIEGER
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.
Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive.
The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.
When you reach retirement age or when you resign
If your Basic Salary is Rs. 10,000/-
12% of your Basic Salary works out to Rs. 1,200/-
3.67% of your Basic Salary works out to Rs. 367/-
8.33% of your Basic Salary comes to Rs. 833/- which is higher than the limit of Rs. 541/-
So, your Employer will contribute Rs. 541/- towards EPS and contribute Rs. 659/- towards EPF (Rs. 367/- + Rs. 292/-)
After 5 years from the date of inception of the account or during retirement.
Withdrawing before 5 years would attract income tax liabilities. Let me explain.
Assuming your salary CTC is 5 lacs for this year and you withdrew your PF amount of say 2 lacs which you accumulated in 4 years, your net taxable income for income tax for this financial year would be 7 lacs.
If you had waited one more year, this 2+ lacs would have been tax free on your hands.
Check with the finance department of your employer. They will have it. Many companies print out your PF account number in yearly statements, check if you have it.
my father in law died while on service, and he was working in Karnataka electricity Board, after his death company has not given any pf and other dues and there is no pf number how to get it please help
Yes, It is a legal obligation of the employer.
The rich and populous cities of Italy, such as Genoa, Florence, and Venice. (IN EUROPE!!!)
If withdrawn before 5 years it is taxable else it is not taxable
Usually 4 to 6 weeks if the PF is maintained with the regional PF Trust. If it is a private trust, then it might take longer
You can check your office finance department and they should be able to give this to you. Most companies have an inhouse portal which contains employee information and you would be able to find details of your PF account in that too.
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.
That would depend on what you need the money for. If it is for the purchase of consumer goods which you can easily do without, then it would be better to save the money you require. By saving it, you pay no interest on the purchase of a depreciating item.
If it's for a business start up, you can take your business plan to a bank and try to get a loan. (Good luck with that!)
Or you could seek out a venture capitalist and pitch your idea to them.(They'll want an arm and a leg and three pints of your blood.)
You could approach family members for start up money. (Probably the best bet)
You coud sell shares to interested individuals who might want to invest in your business. (Try to get them to be silent partners - no voting rights on how you run your business.)
Those are a few ideas for raising capital off the top of my head.
++++++++++++++++++++++++++++++++++++++++++++++++++++++
Let's face it, we are in hard
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Still, some people are making
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Take what you like to do and
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Do you bake? Care for children?
Take it to the next level. Ask people
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regular basis. Offer catering services.
Do research to learn about catering.
Charge a fee for caring for children.
Later, look into opening a day-care
center.
Any hobby can develop into a business.
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.
An average of 500 or 700 people go to a restaurant a day, but you also need to remember that the cleaner the restaurant the more customers, and the cleaner and better food you serve the more customers you have.
what age can a wife draw her husband retirement that he have on his job he is decease now
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.
You can check at http://www.epfindia.nic.in/
But unfortunately site is updated once in 20 to 25 days.
On the basis of the Basic Salary component that is part of the salary. The amount contributed is 12% of the basic salary from employee as well as an equal contribution by the employer
go to the EPF India website and create an account using your pf account number and once complete you can view your details online.
An individual cannot open a PF Account. Only his employer can open it on his/her behalf.
If you want a pf account, you need to join a job where the employer provides PF benefits