Employees’ Provident Fund Organisation is the retirement fund body that allows employees to withdraw amount from the employee EPF account.
EPF stands for Employee Provident Fund, which is a standout amongst the most valuable employee benefit plan presented by the Ministry of Labor. It is the best retirement support and a kind of investment account where both the employee and the employer contribute an equivalent sum at regular interims. Only the employers who have their firms registered and their employees can take part in the entire procedure. With the advancement of the technology, things have become comparatively very easy. It is now pretty simple to carry out the whole procedure through the medium of the EPF payment online. To know
EPF or Employee’s Provident Fund is the compulsory retirement savings scheme that is implemented by the government of India for the salaried workers across the nation. The money saved in the EPF account is invested, and it keeps on growing or compounded as per the interest rate set. Today, in the world of advanced technology, it has become easier for employees and employers to make the payment against provident fund online. You can even check the TRRN status online. So, if you are an employer who is registered with EPFO, it is essential for you to know the process for
Provident Fund is the significant portion of one’s savings towards their retirement, and for every employee, it is essential to know the PF balance. Now Employee’s Provident Fund Organization or EPFO has launched many new initiatives through which one can check the EPF balance anytime and from anywhere. So, now employees of an organization are no longer required to wait for their employers to share the PF statement at the end of the year to know their exact EPF Balance and contributions. It can be checked anytime right from the comfort of your house or office using any of the
It is common for most of the employees to Forgot UAN Password as EPFO (epfindia.gov.in) forces them to set a complicated password which is easy to forget. You can’t check the PF balance, can’t download UAN passbook through the portal without the master password. However, you don’t have to panic as there are easy ways available to reset the UAN Password. It is just a 2-minute process, and it is just similar to that of resetting your email password. The simple process will become problematic if you have changed the registered mobile number. However, still, there is a solution available