EPFO Jackpot News: Good news for employees

Are you a monthly PF contributor? If so then there is a very good news for you. A jackpot notification is not coming soon, for all those who are members of Employees Provident Fund Organization (EPFO). In a few days, the central government will credit the interest money in the accounts of the PF employees. This will be a very happy news for the employees.

EPFO UPDATE

Epfo jackpot news good news for employees today

News of the EPFO update has come that the government will deposit EPF interest money in the accounts of around 6 crore employees, as per which the government has announced an interest rate of 8.15% for the financial year 2023-24. This move is welcome and many employees will benefit.

The EPF interest rate is one of the highest offered by any government savings scheme. It is also exempt from income tax. This makes EPF a very attractive investment option for employees.

Government has decided to deposit EPF interest money in employees' accounts which is a positive step. This will help employees increase their savings and provide them with a secure financial future.

You can check the amount in this way

PF subscribers do not need to travel anywhere to check the amount received as interest. You can check this amount from the comfort of your home in the following ways.

1. Through the Umang app

2. Through EPFO website

3. Giving a mist call

4. Send SMS

PF subscriber should give missed call to 011-22901406 from registered mobile number to get balance information through missed call.

Or, you can check the amount in your account by visiting EPFO's official website (epfindia.gov.in).

Then SMS to 7738299899 from mobile number registered with EPFO to know via sms. For this, type EPFO UAN LAN. Here LAN means language.

Here is a rough estimate of the total amount of interest paid by the government on employee accounts:

Number of employees: 6 crores

Interest Rate: 8.15% Total interest = 6 crores 8.15 / 100 = Rs. 4,890 crore

It will benefit a substantial amount and a large number of employees.

The government is yet to officially announce the interest payment date. However, media reports suggest that the government will make this announcement soon. Once the government credits the EPF interest to the employee's account, a lump sum will come into the employee's account.

Comments

Today gold price February 2025

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold. Today's Gold Silver price Updated on 06th February 2025 Contents What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 1 gm ₹7,930/25🔺️ 10 gm ₹87,500/600🔺️ 1 gm silver107,00/0↔️ 1 kg silver ₹98,470/30 🔻 This week Price chat Date 22 ct 1gm 24ct 10gm 1 kg silver 31/01/2025 ₹7,730 ₹84,780 ₹96,000 ...

FADF monitors the Indian jewelery industry

FATF says India's jewelery industry needs to be monitored, Risks being used to finance terrorism NEW DELHI, France-based financial watchdog FATF has warned that high-volume transactions in India's gems and jewelery sector are likely to be used as tools for money laundering and terrorist financing. In this regard, the organization's statement said As the trade in navarat gems and gold jewelery has grown in India, there is a risk of their smuggling and black money transactions also increasing. Removal of ban on gold loan to IIFL Mumbai, 'I.I.F. RBI has removed restrictions imposed on the gold loan business of L. Finance, the company said. I.I. F. RBI had imposed restrictions on the gold loan business of L. Finance Company on March 4. They have now been withdrawn, the company said in the stock exchange. Through this, the company has been allowed to engage in gold loan business again. monitoring In this sector, there are about 1.75 lakh distrib...

Market Special 'Mukurat Trading' on November 1

New Delhi, Oct. 21- The stock exchanges BSE and NSE are going to hold a one-hour special 'Mugurat Trading' on the occasion of Diwali on November 1. Share market success India's leading stock exchanges Mumbai and National Stock Exchanges have announced that they are going to hold a one-hour special 'Mugurat Trading ' on November 1st on the occasion of Diwali. The trading session will be held from 6 pm to 7 pm, both the markets said separately in their circulars. 'Mugurat' refers to an auspicious period chosen based on planetary positions. Investors consider it the beginning of a new financial year of the Hindu calendar. To mark this, NSC and BSE conduct a special session during Diwali festival. Also, market analysts said that investors are hopeful that the share transactions carried out in this session will bring prosperity throughout the year. This special session will see simultaneous trading in various segments like Equity, Commodity Derivatives, Cu...

22k market news

Search This Blog