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For each EPF account holder, nomination is an extremely important step. In the event of the account holder's untimely death, the benefits of their PF contribution , interest, EDLI, and pension will be transferred to the nominee. Members of the EPF can amend or modify the nomination online after it is completed. Form 2, which the employer would submit to the EPFO, was initially used to change a nomination. The procedure has now been streamlined by the EPFO, and members can use

An essential application for withdrawing the balance of the Employee Provident Funds (EPF) is EPF Form 19. An employee submits it to...

Building a retirement fund while you have a steady salary and investing it in areas that yield a high rate of return is always a good...

Section 80C of the Income Tax Act offers one of the most widely used avenues for taxpayers to reduce their taxable income and,...

Section 80C of the Income Tax Act offers one of the most popular avenues for taxpayers to save on taxes through deductions. It allows...

The Employees' Provident Funds and Miscellaneous Provisions Act of 1952 launched the Employees Provident Fund (EPF) program in India. The...

Members of the Employees' Provident Fund Organization (EPFO) have the option to save money in pension funds through two different account...

Employees' Provident Fund Organization members can receive a pension upon retirement. Employers and employees contribute 12% of their...

The Employee's Provident Fund (EPF) was initially created by the Ministry of Labor and Employment in 1952. The ministry has actively...