EPF: EPF interest deposit in two months.. Do you know how much you will get? | Telugu News


Epf Interest Deposit In Two Months Do You Know How Much You Will Get

EPF: Employees Provident Fund (EPF) is a retirement scheme for employees. Many employees hide some amount of their life in it. The managements of the companies where the employees work also deposit some amount on behalf of the employees as employer's share. Under Section 80C of the Income Tax Act, 1961, deposits up to Rs.1.50 lakh are exempt from tax. EPFO pays interest on this annually.

These are the interest details..

According to Employees Provident Fund (EPFO), interest will be credited to EPF accounts by July-August this year. In this background let us know how to check the interest rate in your EPF account. If you have Rs.3 lakh to Rs.5 lakh deposits in your account… let's find out how much interest you get.

The interest rate is decided by the EPFO ​​Central Board of Trustees (CBT). The interest rate for this year is 8.25 percent. The interest rate for the financial year 2022-23 is 8.15 percent. This means that the current year EPF account holders will get more interest on their accounts. If there is Rs.1 lakh in the EPF account, 8.25 percent interest will be received on it. That means Rs.8,250 will be deposited in the account. And if there is a deposit of Rs. 3 lakh, the interest will be Rs. 24,500. And if there is Rs. 5 lakh in the account.. Rs. 41,250 interest will be credited.

Balance can be known like this..

– PF balance can be checked through Umang app or EPFO ​​portal.
– Login to EPFO ​​portal.
– Click on this passbook option.
– This will go into another screen. Enter UAN, password and captcha code there.
– After login member should select IT option for passbook.
– Passbook is available in PDF format. It can be downloaded.

About Author

Telugu News (తెలుగు న్యూస్)

తెలుగు వారికోసం తెలుగు న్యూస్ ఇవ్వడం కోసం - ఈ వెబ్సైటు ని స్టార్ట్ చేయడం జరిగింది. ఇక్కడ ప్రాంతీయం, రాజకీయం , సినిమా , క్రీడలు , మరియు తెలుగు వార్త సమాచారం అందిస్తాము. 

Leave a Comment