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Workers can change their PF account if they change jobs

EPFO has said that EPFO ​​subscribers can switch their PF accounts on their own without the help of their old or new employer when they change jobs.   EPFO How to transfer PF account while changing company? In a circular issued by the Employees ' Provident Fund Organisation (EPFO) on Wednesday, it was stated that: Subscribers who have obtained a unique number (UAN) for their PF account can easily switch their accounts to a new employer if they change jobs. The new employer will receive the UAN and start paying monthly PF contributions. Earlier, subscribers with UAN had to apply through the new or old employer to switch their PF accounts from their old employer to a new employer. This is no longer necessary. PF subscribers who have UAN can apply online and transfer their PF account to a new company. Even if there are multiple accounts under the same UAN number, including accounts started by a new company, if they are linked to Aadhaar, you can easily apply and merge t...

PF money comes with new benefits PF 3.0

New Delhi, Nov. 30- EPFO ​​plans to provide the facility of withdrawing money from the Provident Fund (PF) account through ATM. PF, Money Just as the Income Tax Department is planning to increase The electronic facilities for Permanent Account Number under the name 'PAN 2.0', it is planned to provide additional facilities to the Provident Fund account of the workers under the name 'PF 3.0'. While the workers and the management are currently contributing 12 percent of the monthly salary equally to the PF account, it is planned to remove only the upper limit on the amount to be contributed by the workers. That is, this will allow the workers to save more if they want, while the PF amount, which is safe and earns reasonable interest in the financial market. Deadline ends today Today is the last day to link PF, UAN and Aadhaar to avail the benefits of ELI, a job-linked incentive. Therefore, those who have not linked Aadhaar with their PF account must do so today...

The unemployment rate has fallen sharply.

The urban unemployment rate has come down to 6.60 percent. According to a report released by the National Sample Survey Office (NSSO), Government of India, the urban unemployment rate decreased to 6.60 percent during the April-June period last year. This is down from 7.60 per cent in April-June 2022. Unemployment rate. How much has the unemployment rate fallen? The unemployment rate declined marginally to 6.60 percent in the June quarter from 6.80 percent in the previous March quarter. Currently, this is continuing in the September quarter as well. The shocking ongoing impact of the corona-related restrictions in the country is the main reason why unemployment was recorded at 6.60 percent in the September quarter. Also, unemployment among women in urban areas is 8.60 percent in the current September quarter; Male mortality also decreased by 6 percent. This is 9.40 percent respectively in the same period of last financial yea...