🔴5 Most important PF interest Rules | EPF Interest Calculation
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- Опубликовано: 30 июл 2024
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00:00 PF Interest introduction
01:50 PF Passbook New Format
02:27 PF Interest Rules
06:00 PF Interest Case Studies
08:37 PF Interest Calculation Formula
10:12 PF Interest Excel Calculation
In this video we will decode PF Interest, it's rules and calculation
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00:00 PF Interest introduction
01:50 PF Passbook New Format
02:27 PF Interest Rules
06:00 PF Interest Case Studies
08:37 PF Interest Calculation Formula
10:12 PF Interest Excel Calculation
☑️Download Calculator: labourlawadvisor.in/calculator/pf-interest-calculator/
सर मुझे अपने व्हाट्सअप ग्रुप में जोड़े , 9811850081
मुझे नही पता कैसे जुडना है ,
आज 12.09.2020 को 6 महीने की मेम्बर शिप फीस दे दी है
@Labour Law Advisor bhai main pf trust company me employee tha aur recently 15aug ko job leave kar diya maine toh kab main khud apna sara pf nikal sakta hu epfo portal se ? And passbook kab show hogi ? Please reply I am your subscriber
@@UjjwalKumar-wo4ef areyyyy, bhai ek kaam kar. Aisa bol: ameer hai tu.
Kyuki tere bolne se ban jaunga, aisa lag raha h
@@LabourLawAdvisor bhai meri query ka samadhan bata dijiye ..Maine upar dekhye question kiya hai 🖕
@@LabourLawAdvisor Bro...we know it's a Not a India Pblm...it's a Global Pblm...
Not a Single India GDP fall...
Every developed Country GDP has Fall...i hope u know
And One More thing...if a SSR Father he wanted to know what happened with his Son..???
If he Raised his voice is it crime ??
Yes & No ?? ..Plz Tell me
SSR Justice it's not a Indian Voice. It's a Global voice everyone love SSR....
One of the finest videos on EPF. Thank you.
This is why I like this Channel, it increases our knowledge and fir that they do lot of research and hardwork, its one of the best Channel in #RUclips 👍
Glad you liked it...Thanks for watching
All your videos are very enlightening. I got lots of knowledge. Your doing great work. Thank you for videos 👏👏👏
Really love all the information you are sharing.....:)We are definitely getting educated by it....Please keep going....:)
Rishabh I really like your passion for your channel, and whatever you guys do, always informative. Thank you! 🙏
Glad you liked it... thanks for watching.
Mana mene pf transfer kiya or uska Intrest mere ko new passbook me ni milta o fir bi mere ko purani passbook me dikhta h uske liye
@@LabourLawAdvisor sir i have one question
Worth full information given to pf number holders, thank you sir
Thanks it's good to see u back I had fough with my HR twice time for not updating my PF deduction in PASSBOOK always delay before
Agar aap apne pf ka paisa nikalne ja rhe hain to dhyan de knhi aap apne pf ka interest ka paisa km to nhi kr rhe.
Click here for more detail ruclips.net/video/wgwpdCQZWro/видео.html
Subscribe my channel for latest updates on PF.. 🙏🙏
Tum bahot sahi kaam karta hai bhai..! Big fan
Thanks
Hello Sir, I have a peculiar issue with UAN. My explanation below:
I have worked in total 6 companies say C1,C2, C3, C4, C5, C6.
c1 -> c2 change happened in 2010 (no UAN, no online portal, PF transferred manually),
c2 -> c3 change happened in Jan 2014 (no UAN, no online portal, PF transferred manually),
after pf transfer from c2 -> c3, UAN and online portal introduced. i.e. before 1st time login to UAN, all my earlier PFs were already transferred manually. Therefore, UAN portal service history shows C3 as my first company.
All subsequent job changes c3 -> c4, c4 -> c5 and c5 -> c6 are nicely mentioned in service history and all these PFs were transferred smoothly.
However, I am at a loss with respect to pension calculation because my service history of c1 and c2 is lost (i.e. not shown on UAN portal because UAN did not exist then).
Is there any way my service in c1 and c2 gets now gets included in UAN service history? Can it be done online, if not who can help me? Whom to meet? What proofs will I need? To whom will I need to submit?
Great video all my questions are answered. Brilliant brother keep it up
I request to make more n more videos
Thank you for the detailed explanation @LabourLawAdvisor
Dear Rishabh, Thanks so much for the informative video. One small and humble request. All the example you show are for EPFO. Can you please make some video with information for Employees who work in Organizations where the Org Trusts maintain the PF instead of EPFO. And also clarify most important Question#5 in that video. Let's say a person working in IT Company for ex Infosys or TCS takes voluntary retirement at age of 45 years. Till then, assume that he has amassed around 50L in his PF Account. Will his PF Account in Company Trust continue to earn Interest till 61 years of Employee Age - assuming he does not withdraw money from it. Thank you so much in advance for the help.
Superbly explained, need one clarification. As we know interest is tax free for first three years after leaving the job, can you tell how much of tax we have to five after 3 years.
Amazing info and your efforts... really appreciate it..👍
Informative video
I do my EPF interest calculation by myself and it matches with the interest credited... Only 2-3 rs difference is there..
Hello sir,
I checked now interest is credited for FY 2019-20.
However I think interest rate credited is 7.5 % , instead of 8.5 %.
can you please confirm.
Great video 👍.
Glad you liked it.. thanks for watching.
Yea this vidwo was quite impressive as you have shown the calculation well
Thank you so much for detailed explanation, very useful.
Very helfulf chanel in india LLA .rishbh sir
From ravindra pune maharashtra
Thank you
My god direct reply LLA 💐💐💐💐
Glad you liked it... thanks for watching.
Rishab I really appreciate your work you doing and thanks for providing knowledge and making us aware about lot of things which we don't even thought we will know.... tell me 1 thing suppose our interest rate is not credited in our passbook since last 2 years what should we do in that case...
Pf office se contact karke pure interest par claim kar sakte hai
Interest is not applicable post 3 years of leaving job
@@LabourLawAdvisor Online Grievance dalke kuch hoga??
Nice narration..!! Great insight to topics
Wonderful video...very well explained...thank you.
Such a great news
Thanks
Valuable sir.
Thanks
Very nicely explained. Kudos to you.
🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Thanks a ton for the clarification on interest till 3 years.
Case study : Last contribution in 2018, 57 age. Amount to earn interest till inoperative i.e age 60 age (2021), hence didn't claim.
Got really confused that after (passing 2 years only) 59 year our money was left with no interest for whole 1 years (2020) as people were confused that after 58 years the account don't earns interest.
🙏🙏🙏🙏🙏🙏
Video was brilliant except for a small doubt, if you could clarify .In the excel sheet for FY 2014-15 balance till Jan'15 i.e K15 is sum of K14+F14 ( Rs 4270 is sum of Rs 3765 in K14 & Rs 505 in F14), but in the next excel sheet i.e. for FY 2015-16 there is no mention of Feb'15. There is no mention of F15. So where is the interest calculation for Feb'15 ?
I had the same question, thank you for typing all this.
Thanks for the informative content. I have a question regarding Pension Contribution, I got my PF transferred to my new employer but I see Pension amount not reflecting. Is there a different process for Pension Contribution? And in case If I have to either withdraw or transfer then how will I do that? Thanks in advance for the response :)
Only service history is transferred, so it's ok if amt not showing. Can withdraw pension in case of total service is less thn 10 yesrs, after 2 month of leaving job.
Video was informative | Integrated HR Solutions for START UP'S & MSME’S (Payroll, PF - ESIC, Compliance) - Ample Leap
This kinda videos are much needed.👍👍👍
Labour law ke don...😀🌹🙏❤
Sir ek employee ka full nd final payment nikalne ke baad interest update hua usko nikalne ke liye 2 baar claim ke liye apply kiya but rejected kr diya
Watch this video : ruclips.net/video/WM7v_PwQKaM/видео.html
Hello i was having PF account my last company and i had left that company in 2016 . Then i went to abroad . so this amount deposited till date in PF account will continue getting interest or not . Also how can i withdraw the amount as my old employer is not in contact .
Same is my position. Nobody helping
Interest is applicable upto 3 years from last deposit
U can submit online forms.
As an Employee this information is really important for me Thanks 😊
Thank you so much. Really appreciate your efforts
Glad you liked it.. Thanks for watching
Sir mera last 5 year me interest nahi mila he me kya karu report kaha karu
Maine mere emergency time par kuch amount nikali thi to ab mai usme bhar sakta hu kya..?
No
Nahi
I really appreciate your efforts. I think many people also need info on below points.
- What if i have left previous organisations. And I have multiple UANs. What should be the next right approach should i try to transfer or withdraw. How to do?
Thank you for your great efforts ☺️
Jai bharat jai samvidhan
सर में ही नही बल्कि हिंदुस्तान औऱ विदेशों में रह रहे लोग आपको और आपके कंटेंट को बहुत पसंद करते है ❤️
महोदय एक सुझाव दें।
क्या लोकडाउन में भी (मार्च से सिंतबर तक ) Countinue काम करने वाले Employee का पूरा 100% F&F नही करेगी कम्पनी.
अगर कोई Employee Resign देता है तो अपने नोटिस टाइम के साथ।
Kyu nahi karegi ? Karegi
@@LabourLawAdvisor thank you so much guruji
@@LabourLawAdvisor महोदय हो सके तो एक रिप्लाई और कर दो प्ल्ज़ 🙏🙏🙏
कोई भी कम्पनी full and final करने में कितने दिन घुमा सकती है employee को
मुझे जॉब छोड़े 15 दिन हो गए लेकिन मेरा f&f का पैसा नही दे रही कम्पनी कहते है जब फण्ड होगा तब मिलेगा
क्या में लेबर कोर्ट में जाकर अपनी गुहार लगा सकता हूँ 😢🙏
@@gaurav.yadav.97 45 days
Final settlement (F&F) can take anywhere between 30 days to 3 months depending on the resignation date and salary components to be processed (Bonus, Leave encashment etc.). If delayed beyond 45 days, I suggest to reach out to the HR for escalating and tracking.
sir need help i have not got interest from epfo from past 3 yrs in my account i have been raising it on grievances portal but no resolution yet
I also have same question. Most of my friends also in same situation. No interest added from last 3 years.
again i got same respond from epfo grievance portal 4th time that there is technical difficulties in finance team portal they will update soon
You should get the interest amount at the time of withdrawal if still not received then raised a PF grievance.
Labour Law Advisor but how other people passbooks show interest but not for few and also will i loose the benefits of compounding in case i have to wait till withdrawal i.e next 30 yrs to retire as of now
I also had same problem,when I changed from one company to another in 2011 started transfer manually but failed and again through online in 2012 but principal amount transferred on mar'2016 after sending 5 to 6 grievances and then sent 5 to 6 grievances and emails with Excel format of interest calculation and got the interest on mar'2017.After receiving the grievances, everytime their answer were interest is already credited and your case is closed so don't be harassed and send grievance with old ref everytime alongwith a copy to pmo office . Every govt official work this type of punctuality is seen.
Waahhhh....
Bahot badhiya video
Very knowledgeable
Thank you for this precious information 😊
Can I contribute in my epf account now as I leave job 4 years ago and now i m preparing for civil services examination.
No when in job then only
Very infomative video.. Thanks A Ton👍
Thanku sir for all information . I liked ur channel also this type of video.
Glad you liked it.. thanks for watching.
Great in-depth explanation.
Sir once again thank you for sharing this I am waiting since a long from your for this bcoz of understood language of you 👍👍
Taftish is investigation. Tafsil is elaboration. Great video overall👍
Bahut hi achi jankari....very good..
Very useful information
Thanks Rishabh ji
Thanks a lot for your education 👍
Thank you sir for the very informative video.
Glad you liked it.. thanks for watching.
Great information, God Bless You
Glad you liked it... thanks for watching
Hard working RUclipsr , bringing contents with lots of efforts.. God bless you 🙏🎉✨🎁
Thanks, excellent job...!
Thank you
Very well explained..
Hi Rishabh,
Superb highly reasearched content. Given lots n lots of clarity on complex topic... Seek one clarification though... I have resigned from pvt sector exactly after completing 54 years on November 2018 wherein contribution has stopped wef December 2018... So in my case, am i entitle to get interest till Nov 58 or Nov 61.... Kindly advise.
Thanks, well explained.
Worthy information..
Thank you.
Glad you liked it... thanks for watching.
जानकारी अच्छी लगी धन्यवाद महोदय जी
Bhai tune bahut mehnat ki hai
Hats off to you
Keep sharing
Wallaaahhh!!
Wonderful just wat I was looking for...just 1 question in itr which part needs to be shown under which header
Bahut grow kar kar gaya apka channal tab 12 subscriber thaa congratulatuons..... aaj ye purana video isliye dekha thoda confuse thaa intrest ka 2019.20 ka kab ayega dekh raha thaa
Very nice sir aap nye bahut sari imformesh diya thanks sir
Really appreciate your work sir
Sir, ur videos are very informative... no doubt! I would request you to please make a video on BEST HEALTH INSURANCE in these days. Insurance taker has been increased in this corona time, there so many peoples are got fooled by agents or companies. Moreover, there are so many companies selling insurance and one company have a huge no. of plans in itself. Which gets very confusing especially to a bachelor or the person who is the first in his family to take insurance and also is it even necessary to Health Insurance? and what should be the Sum Insured to be taken? because, in this terror and pandemic situation, I have seen people are taking over insurance prices and paying an unnecessary premium to companies. I will Strongly request to please help us and all the people like these who are searching for good Health Insurance. Sir, At least you can suggest which you have opted for.
Thanks for the video. I request you to make a video on pension portion as well. When can we get the money? What is the process etc. Also of one transfer his or her pf from one account to another, then will the pension portion also goes there? Please make a video on this as well. Thanks.
Excellent examples 👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻
Amazing and thanks for sharing
Sir, can you clarify the paragraph. As per the amended paragraph 72(6)of EPFS,1952 (vide notification no-GSR-1065(E) dated-11-11-2016), "an account becomes inoperative if no claim has been preferred by the member after 36 months from the date of attaining the age of 55 years/actual date of retirement, whichever is later.
Informative and excellent 👌
I wish thoda pehla join kiya hota apka channel..kya mst information dete ho yaar..
It's really useful information for us Sir
Glad you like it... thanks for watching.
Bahut sahi explain kia apne.thanks for clear my lots of doubts. Please make one video regarding tax liability on pf withdrawal amount
Glad you liked it... thanks for watching.
I really appreciate this video and the passion with which it is explained. i left my job on Jan 2016 and thereafter have not withdrawn my PF.Now in my account balance i see interestis updated till 31-3-2019 and thereafter its not capitalised. Does the interest being paid stop after 3 years or it continues. If it stops should i withdraw PF.Will be really obliged if you can suggest.
Very helpful
Thank you sir...
Most welcome
Excellent video. One query, as EPFO is crediting EPF interest late every year, are we losing interest on interest (compound interest) due to that?
Hi Rishabh, very informative video. I have one query - I have migrated from India from April-2018 & not withdrawn by PF. The account is dormant & inactive (No credit from employer & employee). Till what time the annual interest will be credited to my account. As per your video, I understood that the interest will be credited until 58 years but I heard from different sources that it is only for 3 years from the day it is inactive. Please clarify my doubt
Sir ji.. Thanks for helpful information... "Service over laping " this reason show and my claim is rejected...
Thanks sir it's valuable information
Glad you liked it... thanks for watching
Mind Blowing 👏👏👏👏🙏🙏
Very beneficial ad thank
This video is very helpful for me thanks and how to claim interest ??
I have transferred my last co. PF balance to present co. but after that my old co. deposited pending PF contribution, so pls guide to transfer that balance amt.
Dear Mr jain, Thank you for making this important video, I have a doubt here...Suppose I have joined a company on 4 July 2016. I can see there is no PF contribution against the month of July 2016 in my EPF. Grateful if you could kindly let me know the reason behind this for my knowledge please. Awaiting for your response. regards
Amit
Your Videos was very good. & also resolved so many problems.I nave one small doubt I have left jab but i want to withdraw only advance PF not full PF It is possible.
You are best sir👌♥️
Hi Sir, Good information for us and lot of queries clarified. I have another query, I got message that the amount for every month is credited but it is not reflecting in the total amount.it is showing the same from last 3 month's. Can you through some light on this.
Thanks!
Great information sir
Hello Rishabh, very informative and interesting content. Can you please make video on process/application/eligibility of opening petrol pump in India?
Glad you liked it... thanks for watching
Excellent video👏👏👏👏
Hey Rishab can we withdraw part of pf mount while still working in same organization? If yes what and how is the procedure
Sir U r a proffesional youtuber 🙏👍
Good informative video.
Could u pls clarify if interest is paid only on previous year contribution I e only for one yr balance or total accumulated previous years balance ?
Thanks for all the knowledge you share.
In which month, epf interest will be added to the account?
Thanks for sharing this information, this is really helpful and other videos are very informative. I have question on inoperative account receiving interest @5.35 in video. If one resigns at the age of 30 and 11 yrs contribution and EPF contribution stops.
- will interest be credited till age of 58
- does this mean EPF account remains operating till age of 58 in spite not making contribution
- is the formula of interest calculation different in this scenario i.e. instead of Total Amt * Interest Rate/ 1200, will it be Total Amt * Interest Rate, as there will not be any monthly contribution
in this case I understand interest earned post resignation year till 58 age will be taxable, is my understanding right?
It will be great if you can please help to assist on this.
🎓Hats off sir great research