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Employee Provident Fund

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

270 Questions

When should the company start giving PF to the employee?

Right from day one when an employee joins, his PF benefits must begin. The PF will be paid out when the employee retires or resigns permanently and will not be taking up any job for at least 3 months. In case of a job switch, the pf account will get transferred to the new employer

Regional provident fund commissioner office pune address?

sir i want to want some help from u

The Regional Provident Fund Commissioner-I,

Employees' Provident Fund Organisation, 2nd

and 3rd Floor, Pune Cantonment Board Building,

Near Golibar Maidan, Camp,

Pune-411001

Is a ex-wife entitled to pension benefits of her deceased husband if both never remarried?

I am not sure what your talking about but let me try to answer this. If the wife divorced the man before he died then no she would not be entitled to his pension. It does not matter if she remarried or not.

What is the meaning pf supplication?

the act of asking God Allahswt humblyfor something e:g: help,protection,forgiveness,blessing, healingor guidance

What are the benefits of using Provident Funding?

There are many benefits of using Provident funding. One benefit is that they are competitive low interest rates. 30 Year fixed it 3.25%. They also have an app for smartphones and tablets to check your accounts.

What is difference between Provident fund and Public provident fund?

Public Provident Fund is a scheme in which any Indian with a PAN card can invest and save money. Provident Fund is a scheme in which a person can join only through his employer.

A portion of his salary would be deposited with the regional PF office on his name whereas in PPF you visit any nationalized bank like SBI and deposit money into your account.

What is balance of epf ac's?

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 is the email id of Provident Fund office in kandivali?

SRO, Kandiveli, Malad Shri A.J.Rawal, APFC, Bhavishya Nidhi Bhawan, Plot No. 222, Sector No. 3, Charkop Maket, Charkop Poiser Road, Kandivali (W), Mumbai 400 067 sro.malad@epfindia.gov.in 022-28692292 022-28695297

How do you find out the establishment code in pf?

For eg, if your pf account number is TN/34345/1720

TN is the state

34345 is the establishment code 1720 is the employee number

You want to know about your pf 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.

How can you check your present balance of PF account?

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 can you check FPF account balance?

You can either ask your employer or visit the nearest EPF office or check it online

Who is entitle for PF?

All the employees are entitled to receive PF from their employer if the employer has more than 20 employees

Who has appointed fund manager of employee provident fund?

Employee's Provident Fund Organization (EPFO) has added a provision of penalty in the agreements to be signed by four fund managers according to which fund managers have to declare minimum return to government security bench mark or have to face penalty; performance will be analyzed based on CRISIL's market interest bench mark.

Last month EPFO has appointed SBI, HSBC AMCs, Reliance capital and ICICI securities primary dealership as four fund managers to manage about Rs 3 lakh crore corpuses of 4.72 subscribers of EPFO for three years.

For the first year SBI has been allocated 35% of the fund, ICICI securities Primary dealership 25%, HSBC AMCs 20% and Reliance capital 20%; and going forward fund will be allocated on the basis of the performance of the last year as the best performer will get larger portion of corpus to manage. Subscribers of EPFO add about Rs 30,000 crore of funds every year which need to be invested.

Credit Rating Company CRISIL will analyse the performance of the fund managers and level of penalty and other details are being worked by CRISIL and EPFO; performance will be analyzed every quarter but penalty will not be imposed in the first two quarters.

EPFO will issue warning to the bad performers in the initial months and penalty will be imposed only at the end of the year and they could be even dropped for bad performance.

This move on the one hand will increase the competition between the fund managers but on the other hand can lower the quality of investment as if a fund manager has to be judged by the interest earned than he could ignore the risk and go for the return.

EPFO has appointed multiple fund managers HSBC AMCs, ICICI Prudential, SBI and Reliance capital for the first time in July 2008 to get better return on the deposits and their term ended on 31 March 2011; among these ICICI Prudential has given the highest return of 8.72%, HSBC 8.64%, SBI 8.61% and Reliance capital had given the lowest return at 8.57%

Can you withdraw from your provident fund to settle your debt?

The pension regulator is considering a proposal to allow withdrawals from the New Pension Scheme (NPS) under two circumstances, to fund the building of a house or to meet expenses in case of major illness.

Can final payment of general provident fund to an employee who retires from service can be stopped due to a pending inquiry against that employee?

No, I dont think so. But, if you have stolen from the government or owe the government any money, then the law can try to recover the money from your EPF Account payment depending on the laws applicable at the time of the incident.

How is provident fund PF generated and paid to an employee?

This is a portion of our salary that our employer deducts every month. This money is remitted to the government of India's PF trust. This money is used by our government for its cash needs. Once we retire or close our PF account, the money that has accumulated against our name would be given back to us. The money in our PF account grows at the rate of 8.5% per annum compounded every year.

Usually the PF amount is 12% of your Basic salary.

How does the interest rate cut on EPF contributions in India affect us?

Employee Provident Fund (EPF) is one of the main (if not only) sources of funds for retirement for a majority of the working/salaried class of India. So, a rate cut here means, millions of Indias salaried people are going to be adversely affected. A rough estimate puts around 5 crore or more workers throughout India will be affected by this Rate Cut

How do you know cm-pf number of voluntary retirement employee?

If you are the employee, you can check with your employer or visit the regional epf office to find out the pf account number

Where is the plug hole to check balance shaft on 1996 Mitsubishi Galant?

The plug hole is near the right belt tensioner just to the outside along the edge of the engine block where the crankshaft position sensor electrical wiring enter the front casing or near where the a/c belt pulley bolts up to the engine block.

How do you check balance in our cmpf account?

As per RTI go for enquiry/ Theyare living on our fund

eventhough negligency rules their mind.

SHAMROO NAIDU

Are there any options available to a wife who wasn't consulted about her husband buying a 13000 Chevy Avea and financing it for 6-years with the final cost being approximately 30000?

It's doubtful there are options to change or void the agreement unless the husband made the wife a co-borrower/buyer on the loan agreement without her consent. It's possible the loan provider has violated state lending practices. The best choice might be to contact the department of consumer affairs in the state in where the vehicle was purchased to learn of the state laws regarding vehicle sales and financing.

How do you withdraw money from a trust fund?

The method you use to withdraw money from a trust fund will be spelled out in the original documents from when the fund was set up. Unless you have complete control of the fund, you must follow the steps laid out in the paperwork. If you have complete control, you can fill out withdrawal documents and present them to the bank that is holding the fund.

How do you get PF amount refunded from RIL?

Submit a written withdrawal/refund request from the regional PF office where RIL would've maintained the PF accounts for all its employees.