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Employee Provident Fund

A category for Employee Provident Fund, a retirement scheme for Private Sector Employees

270 Questions

Where were the earliest beginnings pf the renaissance found?

The rich and populous cities of Italy, such as Genoa, Florence, and Venice. (IN EUROPE!!!)

Is provident fund amount taxable on withdrawal?

If withdrawn before 5 years it is taxable else it is not taxable

How long must one wait for provident fund payout if company went under liquidation?

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

How do you find the provident fund account number?

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.

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.

Ideas for raising money?

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

economic times. Although,

there's evidence that the

economy is making a come-

back.

Still, some people are making

money by starting their own

businesses.

Take what you like to do and

turn it into a business.

Do you bake? Care for children?

Take it to the next level. Ask people

who enjoy your baked goods if he/she

would like to purchase them on a

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.

How do you check your Provindent Fund?

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.

How many employees are in a restaurant?

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.

How do you find balance in pf account online?

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.

How do you check the provident fund status?

You can check at http://www.epfindia.nic.in/

But unfortunately site is updated once in 20 to 25 days.

What basis can an employer deduct his share of pf contribution from employees salary?

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

How do you access online provident fund account?

go to the EPF India website and create an account using your pf account number and once complete you can view your details online.

How open general provident fund account?

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

How long does it take to get your pf?

30 days is the usual processing time to receive PF for withdrawals but in case you are withdrawing while switching jobs, your old employer will actually submit your withdrawal request only after 60 days of you leaving them, so the total will be 90 days.

What are the documents required for provident fund registration?

1. First Sales Bill/ Sales Invoice.

2. Nature of work carried out by the Organization.

3. Any Proof regarding trial production.

4. Articles and Memorandum of Association/ Partnership Deed..

5. Lease Deed / Leave Licence Agreement of the place of business, Copy of Certificate under Mumbai Shops and Establishment Act.

6. If the Organisation is registered under Contract Act, a copy of the Registration Certificate.

7. Copy of Telephone / Electricity Bill of the premises.

8. Statement showing month wise employee strength from date of incorporation.

9. Income Tax PAN Number.

10. List of Directors.

11. Copies of Balance Sheets for Last three years.

12. Name of the Bankers and Bank Account Number.

You want to know your PF Amt PF no MH410336599?

Register for an account in epf india's website using your pf account number and then you can find the pf amount online easily

If a person dies intestate but has nominated a beneficiary for their provident funds can the trustee decide who should receive the benefits or should the husband receive it?

If during life a person has named a beneficiary on their retirement account the account administrator is obligated to pay the balance over to the named beneficiary. No one should be able to change the beneficiary chosen by the decedent. If someone believes they have a legitimate claim they can bring a court action and ask for a judicial review of the matter.

How do you check maharashtra state electricity distribution company employee contributory provident fund checking?

If you are part of the National Provident Fund - You can visit your nearest EPF office or try to check your balance online in the EPF website.

If your company has thousands of employees and has its own PF fund, then you need to contact your employer