by Audit Analyst | Dec 30, 2025 | Employee Provident Fund
Unified Account Number (UAN) System. EPF is designed to be managed under a single Universal Account Number (UAN). The UAN remains the same throughout an employee’s career, regardless of job changes. Each job generates a new Member ID, which is linked under the same...
by Audit Analyst | Dec 30, 2025 | Employee Provident Fund
What Is the EPF Annual Statement. The EPF annual statement provides a summary of contributions and interest for the financial year. It includes monthly deposits made by both employer and employee. The statement also reflects the total accumulated balance and pension...
by Audit Analyst | Dec 30, 2025 | Employee Provident Fund
Overview of EPF Interest Rate. EPF interest rate is declared annually by the central government in consultation with the Central Board of Trustees. The rate applies to the accumulated balance in an employee’s EPF account. It is compounded yearly and credited at...
by Audit Analyst | Dec 30, 2025 | Employee Provident Fund
Changes in Contribution Rates. The government reduced the EPF contribution rate temporarily from 12% to 10% for both employers and employees during certain months to boost liquidity. This relief measure was implemented under special economic conditions. Normal...
by Audit Analyst | Dec 30, 2025 | Employee Provident Fund
per your preferred format: Meaning of Exemption under the EPF Act. Exemptions allow eligible establishments to manage provident fund contributions through their own approved trusts. These are granted under Section 17 of the Employees’ Provident Funds and Miscellaneous...
