EPFO Update: Employees’ Provident Fund Org.zation has expressed good news for the employees! In which the government is soon going to give such a gift to the PF employees, knowing which everyone will start jumping. It is believed that the central government is going to put the interest amount in the account any day soon, which is enough to win everyone’s heart. With this, more than 6 crore employees will get to see bumper benefits, which will act like a booster dose for everyone in inflation! Along with this, continuous demand is being made to remove the capping on the Employee Pension Scheme.

epfo update

EPFO Update

It has been a long time since the Employees’ Provident Fund Org.zation announced the interest for this financial year, the money which is yet to be transferred to the account. The government has not officially announced the date of transfer of money to the account, but media reports are making many claims till July 30! When an employee becomes a member of Employees Provident Fund (EPF), he also becomes a member of Employee Pension Scheme. Contribution of 12% of the basic salary of the employee goes to PF. Apart from the employee, this part also goes into the account of the employer.

Employees’ Provident Fund Org.zation

This time the Modi government at the Center has announced to give 8.15 percent interest amount for the financial year 2022-23, which is the highest amount in the last three to four years. Earlier this amount was sent at 8.1 percent in the financial year. The last three Employees’ Provident Fund Org.zation (Employees’ Provident Fund Org.zation) had cited the Corona period as the reason for paying less interest in the year, after which there has now been a slight increase in the rates! According to EPFO’s retired Enforcement Office Bhanu Pratap Sharma, if the limit of Rs 15 thousand is removed from the pension, then more than Rs 7,500 pension can be received. But, for this, the employer’s contribution to the Employee Pension Scheme will also have to be increased!

Employee Pension Scheme 2023

It is now believed that the Employees’ Provident Fund Org.zation is going to transfer the interest amount soon! Now the question must be arising that how much money will come in the account! If you have 5 lakh rupees deposited in your account, then at the rate of 8.15 percent, about 42,000 rupees will come in your account. Apart from this, if you have Rs 7 lakh deposited in your account, then it is believed that Rs 58,000 will be transferred as interest. This amount will prove to be very important in inflation. In the Employee Pension Scheme, it should be kept in mind that the money is deposited in the pensioners’ account on time! Pensioners should be deposited on or before the last working day of the month.

EPFO Update

Provident Fund members can now check their PF account balance through missed call. Employees Provident Fund Org.zation has started service, it is said on Twitter! EPFO said that PF members will know their EPF balance in seconds and it is a free service. However, PF members must ensure that they give a missed call from their registered number.

Check interest amount like this: Employees’ Provident Fund Org.zation

Provident Fund (EPF) and Employee Pension Scheme (Employee Pension Scheme) are deposited in Employees Provident Fund (EPF). Employees who contribute to EPF are also eligible for EPS. You can easily check how much interest money has come in your account. To check interest amount in pf account you have to download Umang app which is enough to win everyone’s heart! Apart from this, you can also check the money by clicking on the official website of Employees’ Provident Fund Org.zation. You just have to take care of some important things!

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