
Only a monthly contribution of Rs 500 may be required to join back

For establishments having more than 1,000 workers, the reimbursement is restricted to 12% of the employees' contribution

The (EPFO) will credit the interest amount to almost 60 million beneficiary accounts once the approval is officially communicated to the fund body.

MOSPI released payroll data showing 1.32 million new subscribers added to the Employees State Insurance Corporation, down from 1.33 million in July

The report also showed that the new subscribers with ESIC were 1.15 crore in 2020-21 as against 1.51 crore in 2019-20 and 1.49 crore in 2018-19

There are four ways to check employees' provident fund (EPF) balance online.

April saw addition of 8,39,215 only which further plunged to 5,99,769 in May; numbers picked up in subsequent months

The payroll data when compared by age group, shows the age group 22-25 years with highest number of net enrolments, with 4.03 lakh additions in Au
A taxable portion in which contributions above Rs 2.5 lakh will be accounted for and the interest earned thereon will be taxed.

When an EPF corpus is prematurely withdrawn, tax is deducted at the source. There is no TDS on a sum less than Rs 50,000, on the other hand