UAN (Universal account number) is a unique number alloted by Employee Provident Fund Organization (EPFO) to every employee contributing to PF (provident fund). This number has now become mandatory for every employee so if you want to avail any of the EPF services like PF Withdrawal, PF Transfer, PF Balance Check etc. you need to have your UAN.
Employees Provident Fund Organisation (EPFO) had launched UAN based Member portal to provide a number of online facilities to its members - this portal is also called Unified Portal or EPFO e sewa portal or simply UAN portal. Registration is required to avail these facilities. Let us understand how to register and login to the portal.
We have got some questions regarding how much time it takes to get the Income tax return to be processed or how much time it takes to get the income tax refund back to us. Below are some sample timelines from IncomeTaxIndiaEfiling about recent years to give you an idea.
case 1: No tax refund was demanded.
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An open letter to HDFC Bank Executives
by a long time loyal customer (now looking for moving to other banks)
Since Jan 2016, HDFC bank started charging Rs 100 per quarter as program management fee for classic and preferred accounts.
I have been a long time hdfc customer with decent amount of money parked in FDs and multiple savings accounts. I came to know about this 'program management fee' ...
When you inquire your EPF (also called PF for provident fund) balance from EPFO, the terms you encounter are EE and ER.
EE amount - Employee Contribution in EPF account.
ER amount - Employer Contribution in EPF account.
Once you submit your provident fund (EPF / PF) transfer claim and it gets approved by your employers, the status message that you see on website is
Your request is in Transit between EPFO Out and In Office
UAN No. = Universal Account Number
While joining a new company, every employee has to fill the Declaration Form / Form 11. One of the fields in the form asks to provide their 'UAN No.' Most of the new employees (and even experienced people) are confused about the meaning of UAN as it is a relatively new ID issued by government (started in 2014).
Here are useful quick details to help you:
Once you submit the EPF/PF withdrawal forms, the status message that you see on website is
Claim Form 19 for PF Settlement AGAINST Member Account No () has been approved. Payment is under process.
OK. We all know that insurance is a means to financially absorb the cost of bad things that happen in life. But just look at the myriad of policies that are there - Life Insurance, Home Insurance, Travel Insurance, Critical Illness Insurance, Health Insurance, Auto Insurance, Disability Insurance........ Everything under the sun can be insured these days. Do I really need so many insurance policies? What are the basic minimums? How do I decide?
I was confronted with this question some time back and below is what I came up with. I believe, three major factors would decide the bare minimums for everyone.
EPF interest rate is hiked to 8.8% for the current fiscal year (2015-16) from 8.75% of the previous year.
As posted earlier, EPFO's advisory body, Finance Audit and Investment Committee (FAIC), had recommended 8.95% interest on PF deposits for 2015-16, which was supported by trade union leaders but the CBT (Central Board of Trustees, EPFO's apex ...
Interest rate on PPF and other small savings schemes like Kisan Vikas Patra (KVP), Sukanya Samriddhi Account, Senior citizens savings scheme, etc. have been reduced drastically from April 1, 2016 as the government has decided to shift to a lower overall interest rate regime.
In case of PPF, interest rate will be 8.1% from April 1 to June 30, down from the earlier 8.7%. Sukanya Samriddhi Account ...