EPFO Passbook Check 2023: The statutory body Employees’ Provident Fund Organization has started the process of depositing interest in the Provident Fund (EPF) accounts of the employees. EPFO has assured the beneficiaries that the. interest will be credited in. full and there will be no loss.. That said, EPF subscribers. may soon see their interest reflected in their accounts.
EPFO Passbook .Check 2023 : खातें में आ .रहे है 81-81 हज़ार, ऐसे चेक करें EPFO की .पासबुक
New EPFO Passbook Check 2023
The way to check whether the Employees’ Provident Fund Organization subscribers’ interest has been credited to your PF account is through a passbook where the details of your provident fund balance are .displayed. Passbook can be availed online from EPFO’.s website. Last month on October 31, .EPFO had tweeted that the process. of depositing .interest is on and it will be reflected in your account soon.. Interest will be paid in full as and when it accrues. There will be no loss of interest.
Employees’ Provident Fund Organization
The clarification from the Employees’ Provident Fund Organization (EPFO) comes after the finance ministry responded to queries regarding non-credit of interest in PF accounts of employees in October.. According to .FinMin, there is no loss .of interest for any EPFO subscriber on October 5. .The interest is being credited to the accounts of all EPF.. subscribers. However, this is not reflected in the statements in view of a software upgrade being implemented by the EPFO so that the change in tax incidence can be attributed.
Learn this also :- Online Business Ideas: Earn good money without investing, start this online business EPFO Passbook Check 2023
Check EPFO Passbook Online
To check his passbook in Employees’ Provident Fund Organisation, a member needs to visit the official website of EPFO – epfindia.gov.in.
Then, click on the ‘Services’ section mentioned .on the top of the member .dashboard.. Click on the option ‘For Employees’ under this section.
A new page will be opened. for the employees. Click on the. option ‘Member. Passbook’ mentioned under. ‘Services’.
Once the ‘Member Passbook’ is selected, he/she will be directed to a login page.
Mention your UAN details along with password .and answer. the captcha code.. After that click on ‘Login’.
EPFO .Passbook Check 2023 : खातें में आ .रहे है 81-81 हज़ार, ऐसे चेक करें EPFO .की पासबुक
You will be directed to the main EPF account where the interest earned is highlighted along with the contribution details of both employees and .employers. You can also print your passbook by clicking on ‘Download Passbook’.
Employees’ Provident Fund Organization
Normally, CBT fixes the interest rate for EPFO EPF accounts every financial year. The rate is looked after by the Ministry of Finance. Once FINMIN gives the green signal, the rate is processed in PF accounts for that particular financial year by the CBT and Employees’ Provident Fund Organisation. CBT is under the Ministry of Labor and Employment.
epfo latest update
In March this year, the CBT announced an interest rate of 8.10% for EPFO EPF accounts – the lowest since 1977-78. However, even then the rate of 8.1% is beating inflation. This rate will be deposited in the Employees’ Provident Fund Organization for the financial year 2021-22 when EPF is deposited in the accounts of the members.
Employees’ Provident Fund Organization
Although interest is calculated on a monthly basis in the EPFO EPF account, however, they are credited at the end of a financial year. The transferred interest is added to the next month’s balance and then. compounded to .calculate interest on that month’s balance.. All the customers of Employees’ Provident Fund .Organization are going to get good. news soon!