What is EPFO Full Form Hindi | ईपीएफओ का फुल फॉर्म क्या है?

The EPFO is a statutory body under the Ministry of Labour and Employment, Government of India. It manages the Employees' Provident Fund (EPF), a social security scheme that provides financial security to employees.

Both employees and employers contribute to the EPF. The current contribution rate is 12% of the employee's basic salary from both the employee and the employer.

Under certain conditions. You can withdraw your EPF balance if you are unemployed for a continuous period of two months. Additionally, partial withdrawals are allowed for specific purposes such as education, marriage, home purchase, etc.

You can check your EPF balance through the EPFO's online portal, mobile app, or by sending an SMS. The EPFO also sends annual statements to employees, detailing their contributions and interest earned.

The UAN is a unique identification number assigned to each EPF member. It helps in tracking and managing the EPF accounts of employees throughout their career, even if they change jobs.

You can update your personal details, such as Aadhar, bank account, and contact information, through the EPFO's online portal. It's essential to keep this information updated to ensure smooth EPF transactions.

EPF nomination can be done online through the EPFO portal. It is crucial to nominate beneficiaries to ensure a smooth transfer of EPF funds to the rightful individuals in case of the employee's demise.

The EPF interest rate is determined by the EPFO's Central Board of Trustees. The rate is generally reviewed annually and is based on the income generated from EPF investments.

It is mandatory for both employees and employers to contribute to the EPF. However, certain categories of employees may be exempted based on specific criteria.

EPF withdrawals are tax-free if the employee has completed five years of continuous service. If the withdrawal is made before five years, it is taxable, unless the reason for withdrawal falls under specific exemptions.