Questions tagged [epf]
5 questions
2
votes
0 answers
Do I need to merge EPF amount of different companies?
I'm from India. Everyone is saying that there should be only one EPF account, what does that mean? I have a single UAN number and since starting my professional career I have changed 2 employers and am currently at 3rd employer. In EPF account shows…
Shiva
- 121
- 1
1
vote
1 answer
opt-out of pension scheme(EPS) in EPF while changing jobs in India
I have recently changed my job.
In the previous job, my employer was making a contribution to the EPS as well, there was no option to opt-out of the pension scheme.
But in the new organisation, there is an option to opt-out of the pension…
kadamb
- 115
- 1
- 8
1
vote
1 answer
Taxation of EPF withdrawals
I have made contributions to EPF in India under section 80C for saving on taxes. But I read that the money is taxable on withdrawal unless one works for five continuous years.
What if one contributes for one year and then decides voluntarily not to…
user2371765
- 1,084
- 8
- 12
0
votes
2 answers
EPF with PPF clarification for salaried person
Suppose a non-government salaried person has an EPF account.
Employee Contribution EPF amount 4500 Rs and Employer Contribution EPF amount 4500 Rs
What will be the 80C and 80CCC deduction benefit calculations from PF(when the employee has no…
Subhajit Panja
- 101
- 1
0
votes
1 answer
Invest in both PPF and VPF
Is one allowed to invest in both VPF (Voluntary Provident Fund) and PPF (Public Provident Fund) in the same financial year and is there a limit on the same?
SoftEngi
- 101
- 2