Ultimate EPF Guide 2024 | Employee Provident Fund Calculator & Withdrawal Rules | AssetYogi Show #7

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  • čas přidán 13. 06. 2024
  • Save over ₹5 Cr for retirement with this EPF Guide 2024. Employees Provident Fund is a govt. backed retirement scheme for India.
    In this video we’ll explain in detail the new rules of taxation on EPF, employees and employer contribution towards EPF, EPF withdrawal rules and interest rate on EPF. Excel calculator included.
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    EPF Calculator:
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    0:00 Introduction
    1:36 What is EPF?
    2:03 UAN
    2:30 Is EPF Account mandatory?
    4:57 Where is EPF Money Invested?
    6:37 EPS Vs EPF
    6:32 How much pension we get in EPS?
    7:52 Tax on EPF
    8:01 Investment Stage
    9:12 Accrual Stage
    9:52 Maturity Stage
    10:03 EPF Withdrawal Rules
    11:32 Total corpus at the time of retirement
    About the Video
    The Employees' Provident Fund (EPF) is a government-backed retirement savings scheme in India. With the introduction of new tax rules on EPF, a lot of confusion has surfaced. This video explains in detail the registration eligibility of EPF for both employees and employers.
    A comprehensive EPF calculator is also included to help individuals calculate their EPF contribution, check tax exemptions available, and find the overall corpus that will be accumulated by the age they retire. We’ll also cover the various sub-components of EPF like EPS, EDLI, etc and understand their respective importance in our overall financial planning.
    In this video, we’ll cover the following concepts:
    What is Employee Provident Fund (EPF) Scheme?
    How to Calculate EPF Contribution?
    Is EPF registration mandatory?
    Tax Benefits on EPF
    EPF New Tax Rules
    Is EPF tax exempted?
    Transfer of EPF from old employer to new employer
    How to withdraw money from EPF?
    What is Employers contribution in EPF?
    What is Employees contribution in EPF?
    What is Employee Pension Scheme (EPS)?
    What’s the difference between EPF & EPS?
    How to check EPF Balance?
    How to claim EPF amount?
    What is Universal Account No. (UAN) in EPF?
    What is Employee deposit Link Insurance (EDLI) Scheme?
    How much interest is provided on EPF?

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Komentáře • 448

  • @AssetYogi
    @AssetYogi  Před 13 dny

    Join All-In-One Video Finance App here: vidfin.com/
    Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

  • @supriyomukherjee3688
    @supriyomukherjee3688 Před 3 měsíci +1

    Thank You sir,
    Epf ke bare me bahut Sara video dekha. But aap jaisa samjhaye aisa nhi mila. Confusion clear ho gya. Thank u very much.

  • @sanatani.anurag
    @sanatani.anurag Před 2 měsíci +3

    I was extremely confused before Regarding EPF and all
    But after watching this incredible video...It's all clear to me..Thanks 😊

  • @sukhdevsingh-ek2vh
    @sukhdevsingh-ek2vh Před 2 měsíci

    Thanks for explaining everything in such a good manner.

  • @SachinKothare
    @SachinKothare Před 4 měsíci

    Very nice informative video. Looking forward to such videos !!!

  • @ganeshborhade2206
    @ganeshborhade2206 Před 4 měsíci

    Thank you for sharing Sir !!

  • @jayeshkhara1425
    @jayeshkhara1425 Před 4 měsíci

    Really very good interesting information
    Thanks

  • @yogeshsuryavanshi7082
    @yogeshsuryavanshi7082 Před měsícem

    Thanku so much sir... Very help full information

  • @thirumalababuchukka9668
    @thirumalababuchukka9668 Před 4 měsíci

    Very informative and useful. Thank you

  • @abhinavjain5076
    @abhinavjain5076 Před 4 měsíci

    Very informative video . Sir please make separate video on NPS .

  • @track0123456789
    @track0123456789 Před 4 měsíci +10

    Sir make a video around NPS employer contribution and exemption on new tax regime, under 80CCD2.

  • @serajaryan8
    @serajaryan8 Před 6 dny

    Gazab samjhaya sir maja aa gya sara confusion khatam

  • @gangachauhan3531
    @gangachauhan3531 Před 2 měsíci

    Very informative video for All employees keep it up Sir.

  • @techcheck2218
    @techcheck2218 Před 4 měsíci +1

    Hello Sir .. Aapke videos me private employees ko dhyan me rakh kar vdos banaya jata hai... jo but obvious hai ki unki sankhya jyada hai but pls gov . employee ko dhyaan me rakh kar bhi vdo banaye..
    aur ek vdo old scheme Income tax saving par vdo jarur banaye..

  • @Amethyst-1605
    @Amethyst-1605 Před měsícem

    Very Well Explained Sir

  • @vikass.9186
    @vikass.9186 Před 4 měsíci

    Good work Sir ji

  • @prathameshbile5865
    @prathameshbile5865 Před 4 měsíci

    Thank You Sir!

  • @SonuSharma-fs3zq
    @SonuSharma-fs3zq Před 4 měsíci +1

    Thanks for yet another insightful video. How about calculation as per recent option with EPS-95 in consideration?

  • @lokeshsharma4679
    @lokeshsharma4679 Před 4 měsíci

    Great Information

  • @arungaur1881
    @arungaur1881 Před 3 měsíci

    superb video for understanding the concept... please add one more column for the voluntary contribution of the employee.

  • @Sandy.safar8474
    @Sandy.safar8474 Před měsícem

    Nice video well explained thank you

  • @shivajikakad5098
    @shivajikakad5098 Před měsícem

    Thank you very much sir ❤

  • @TheBhattacharya
    @TheBhattacharya Před měsícem

    UR A GENIUS MUKUL SIR ♥️

  • @GauravKapoor7788
    @GauravKapoor7788 Před 4 měsíci +16

    NPS pe bhi ek video banaye jisme ye jarur discuss kare ki NPS ke funds ko restructure kab kare aur kaise kare jisse maximum returns mile

    • @baridghosh9657
      @baridghosh9657 Před 12 dny

      There is no provident fund of current central government employees, only NPS.

  • @vithal1000
    @vithal1000 Před 4 měsíci

    Excel calculator is very helpful. Please add vpf section in this calculator

  • @prabuelumalai
    @prabuelumalai Před 4 měsíci

    Thanks mukul ji , Is NPS investment considered as an employer investment or employee investment?

  • @amitrathod-pg4dy
    @amitrathod-pg4dy Před 4 měsíci +8

    Sir pls make detail video on NPS. Covering topics of taxation, withdrawal, plus and minus points of NPS

  • @jrahul86
    @jrahul86 Před 4 měsíci +3

    Suggestions- you must have a base amount. So, based on excel the current salary becomes the starting point. But there might be previous amount. So that becomes base.
    Nice video and thanks for nice calculator, your loan calculator is awseome.

    • @RajeevSingh-jj8fd
      @RajeevSingh-jj8fd Před 4 měsíci

      Sir agar paise nikalne hai job chodne k baad to kya poora Paisa nikal sakte hai pension wala part bhi

  • @rajkumarprajapat33
    @rajkumarprajapat33 Před 4 měsíci

    Index muchal fond ka 12 present / EPF ka 8.15 present konsa option best hai

  • @raghuramchoudhary9383
    @raghuramchoudhary9383 Před 2 měsíci

    Thanks 🙏

  • @SanjayKumar-iu2qc
    @SanjayKumar-iu2qc Před 3 měsíci +1

    Hi Mukul,
    Taxation on EPF is complex after April 2020. An example of scenarios and taxes to be paid for HNIs would have been helpful.

  • @hirockbhowmick
    @hirockbhowmick Před 4 měsíci +3

    VPF Calculations bhi batiya.

  • @jitendrak5596
    @jitendrak5596 Před 4 měsíci

    Hello sir, nice video, Employer contribution is included in company CTC ? Or It is above CTC...please explain

  • @soumyajitbhaduri5948
    @soumyajitbhaduri5948 Před 4 měsíci +1

    Can you please tell me what would be the calculation of the pension after 58 years if you have changed multiple organization which under one UAN ?

  • @latikakumari2389
    @latikakumari2389 Před měsícem

    I must say its a very nicely described video. One confusion they why a lot of people doesn't have pension only pf contribution goes to that employee.

  • @vaishnavipattewar1352
    @vaishnavipattewar1352 Před 11 dny

    Thank you so much sir the content was so clear and easy to catch.

  • @madhusharma4230
    @madhusharma4230 Před 4 měsíci +1

    Sir NPS Par bhi वीडियो बनाये

  • @yashlodha8899
    @yashlodha8899 Před 4 měsíci +1

    Agar hume EFP me invest nahi karna ho to chalta hai kya ( if new account kholne ke baad or basic+DA >15000 ) kya hum account baad kar sakte hai ?

  • @AjaySharma-ph6iw
    @AjaySharma-ph6iw Před 4 měsíci

    Fan of You Sir.

  • @sanjivtadavi6573
    @sanjivtadavi6573 Před 4 měsíci

    Good

  • @rashikhandelwal2376
    @rashikhandelwal2376 Před 20 dny

    Thank you for sharing this video ❤ I had a question - on my passbook EPS is showing as 0, what does that mean?

  • @gajanankhatawate3399
    @gajanankhatawate3399 Před 4 měsíci

    Sir
    Central Govt Employees NPS के बारे में बताये

  • @variaankit
    @variaankit Před 4 měsíci

    One question you mentioned about 7.5 Lac NPS+EPF Employer contribution. So is it like any amount greater than 7.5 will be taxed or full amount will be taxed. For e.g. If my Employer contribution is 10lac in year so only 2.5 Lac will be taxed or entire 10 Lac will be taxed? Also currently whatever is employer contribution is tax free right below 7.5?

  • @user-gb1jy3qz9i
    @user-gb1jy3qz9i Před 4 měsíci

    Very nice video, Could you please make a detailed video on EPS (Pension) and how it has to be managed while changing jobs , what are the documents to be taken from Ex employer and how the claim is made

  • @496839
    @496839 Před 24 dny

    Hello Sir, your video is extremely grateful but I have a question for you. In your video you have captured as an employer contribution to EPF but you didn't mention under which section?

  • @nvnraj143
    @nvnraj143 Před 4 měsíci

    Sir should i withdraw my epf amnt to buy mutual fund or SIP... or not..pls tell which is best investment between mutual fund or epf..

  • @vikashkumar-lo9di
    @vikashkumar-lo9di Před 3 měsíci +1

    Can u pls provide the maturity calculation in case of VPF

  • @venkateshchavan3612
    @venkateshchavan3612 Před 4 měsíci

    Video is really good but There are few more things on EPF u have not covered yet.

  • @rokeesharma37
    @rokeesharma37 Před 4 měsíci

    Very nice information & fact based speech

  • @developerjava3487
    @developerjava3487 Před 4 měsíci

    Can we get any deduction for employer contribution as like we get in employee contribution in 80C?

  • @user-nq4bl6rd1o
    @user-nq4bl6rd1o Před 29 dny

    what is an ideal amount 12% of basic or standard 1800 , from an employee perspective?

  • @ShahbazAliSyed-dz1dx
    @ShahbazAliSyed-dz1dx Před 15 dny

    Sir, thanks for the info. Could you please tell me that how much amount would be deducted from 5 Cr by the Govt post retirement while withdrawal ?

  • @prakashsingh82944
    @prakashsingh82944 Před 4 měsíci

    Great salute sir ❤❤

  • @spradhan36
    @spradhan36 Před 4 měsíci

    EPS ka jo contribution hai usko hum kab withdraw kar sakte hain ? Ya fir agar wo monthly pension main convert hoga to uska procedure kya hai ?

  • @neerajkumarpandey296
    @neerajkumarpandey296 Před 4 měsíci

    Dada pranam🙏🙏

  • @ap14spt
    @ap14spt Před 4 měsíci

    What's the advise for investing in funds or equity if total contribution is more than 50% in debt for a 50 yrs old person

  • @nareshmungilwar8077
    @nareshmungilwar8077 Před 2 měsíci

    Yogi ji, is there TDS or taxability on the interest accumulation in PF account , on early retirement after 30 years of working?

  • @Great_Chennai
    @Great_Chennai Před 22 dny

    Super sir. 👌👌

  • @RakeshYadav-sx8js
    @RakeshYadav-sx8js Před 4 měsíci

    Sir, pls also say about gratuity and how to calculate it. Most of the company not say about it.

  • @komaltasmed841
    @komaltasmed841 Před 4 měsíci

    Sir agar kisi k kyc company ne update nahi k ho, ya epf account se without kyc amount withdraw kar sakta h

  • @anshitadixit5753
    @anshitadixit5753 Před 3 měsíci

    Is it necessary that 5 years continuous service should be in same organisation or can it be in different organisations as well??

  • @leftarmorthodox
    @leftarmorthodox Před 4 měsíci

    Great video
    The Excel file does not account for VPF contributions.
    Also, the base amount is not captured in the Excel.😊

  • @deepaksharma-wc7wb
    @deepaksharma-wc7wb Před 4 měsíci

    Plzz bring a video on CMPF AND CMPS

  • @biswajitupadhyaya6560
    @biswajitupadhyaya6560 Před 4 měsíci

    Could you please share some video on eps.

  • @atiquehussain3631
    @atiquehussain3631 Před 4 měsíci

    Please make a video on NPS vs EPF

  • @Raghav476
    @Raghav476 Před 4 měsíci

    Missing a couple of points in the calculator.. current amount in the PF account and VPF contribution... that will make your calculator complete

  • @mohddanish-ht3uy
    @mohddanish-ht3uy Před 4 měsíci

    Sir NPS mei bhi video banaiye

  • @rahuldhiman7063
    @rahuldhiman7063 Před 4 měsíci

    Sir nps pr bhi details video bnao

  • @ganeshjagtap6380
    @ganeshjagtap6380 Před 2 měsíci +1

    Hello sir,
    I transferred out of india in same company in aug 2022 and I am no more contributing to PF now.
    So what will happen to my PF balance.
    For how many years I can keep my AC without removing PF balance.?
    After how many years my AC will get doormat.?
    Will I keep getting intrest.?
    Intrest earned after my transfer or ac inactive will be taxable.?
    Thanks in advance

  • @shubhasishghosh8864
    @shubhasishghosh8864 Před měsícem

    great video. Thank you. just one request, can you make a video on EPS details and how to apply for it ? how to find the EPS info of someone expired like father expired, now how can family find it?

  • @ChetanVithlani
    @ChetanVithlani Před 2 měsíci

    Sir, xls assumes I'm starting to work today, can you do it for experience folks as well (just allow to add current EPF balance)?

  • @Mukeshpatel-gi5kg
    @Mukeshpatel-gi5kg Před 4 měsíci

    Sir please ek video NPS account holder employees ke liye bhi detail video banaiye

  • @sunilsawant4542
    @sunilsawant4542 Před 4 měsíci

    EPF ke saath jp pension amount hai, wo bhi full withdraw kar sakte hai kya, EFP 100% withdrwal ke saath after withdrawal?

  • @sunitasubrayjoshi264
    @sunitasubrayjoshi264 Před měsícem

    Sir maturity amount at the time off retirement, how many years additional can be kept and interests earned

  • @raaj16031987
    @raaj16031987 Před 3 měsíci

    Its a useless calculated, the excel sheet is locked thus when calculated EPF amount is more than 7 digit then I can't expand to see the total...great job team

  • @v-soni
    @v-soni Před 4 měsíci

    Sir, i not able see interest on uan passbook website. Any guidance how to check anything needs to do

  • @morebrothers3949
    @morebrothers3949 Před 4 měsíci

    Interest on EPF deposit to account is quarterly or yearly?

  • @pankajchhipa5656
    @pankajchhipa5656 Před 4 měsíci

    Agar pf contribution increase karna hai tho kya employer ko bhi same increase amount Dena hoga.....ya phir employees ka increase or employer ka as per standard....

  • @jaideepchakravarty3974
    @jaideepchakravarty3974 Před 4 měsíci

    Please talk about the EPS. How does one get a monthly pension.

  • @venkateswarlua618
    @venkateswarlua618 Před 4 měsíci

    My current company has trust, should I transfer my old pf to this trust?. Will I lose interest from old pf if I don't transfer? Please advise

  • @jayeshm7109
    @jayeshm7109 Před měsícem

    Sir, I have a UAN number since 2012 which got created in my company I had joined. Then after 9 years I have changed another company. My question Do I need to transfer amount from previous company PF account to new company. OR there is not need as I am using UAN

  • @moinuddinquadri8497
    @moinuddinquadri8497 Před 3 měsíci

    Agar ham Employee Contubution me VPF ke Through Kata te Hain..Maanlijiye Year 1 me basic Employee contribution 1800 hi rakha phir Maine VPF je Through Yearly Increase karta Gya year 2 1950...year 3 2300......Year 34 tak 10000 tak Badha diya...to Kitna difference dekh Payengey ham ye Corpus me..aur Kya Hame VPF pe Bhi interest milta Hai..?

  • @digimon1234able
    @digimon1234able Před měsícem

    I've worked for multiple employers and not all of them divide PF contribution as EPF+EPS. Some employers have put all amount in EPF only. In this case how the pension will be calculated? Can i opt out of EPS and get whole contribution in EPF?

  • @officialavijitdutta
    @officialavijitdutta Před 4 měsíci

    Excel Calculator ka Cell width ko auto Content size kar dijiye... if the total amount is more than 9cr. its is showing # and we are not able to resize the cell

  • @anuragverma1720
    @anuragverma1720 Před 4 měsíci

    Sir do your company provides the guidance on mutual fund which mutual funds we should take in our portfolio.. & what are the charges ?

  • @avinashbhatt2317
    @avinashbhatt2317 Před 4 měsíci

    Sir thanks for the information but sir mene diffared pension ke liye apply Kiya hai 58 year ki jagah 60 year ke bad leni hai to isaka calculation aapke paas hai our excle sheet like description di hai..😊

  • @asheshgupta3743
    @asheshgupta3743 Před 4 měsíci

    Very informative and nice. Video in details. How can I get this excel calculator

  • @sanketkalamkar6790
    @sanketkalamkar6790 Před 2 měsíci

    Is it good to increase my contribution in EPF or invest this amount in other like NPS

  • @user-ug7qc3yj9q
    @user-ug7qc3yj9q Před měsícem

    Whether. wd ofEPF will. affect the Epf. pension.

  • @shrutisaxena4457
    @shrutisaxena4457 Před měsícem

    What is the tax on interest accrual for employee contribution? Also, the interest amount has to be more than 2.5 lacs or the investment for tax deduction?

  • @deepmala2213
    @deepmala2213 Před 28 dny +1

    Sir agr mahilaon K document m high school K mark sheet K according sar name diploma m na likha Ho to kya epfo se Paise nhi nikal payenge? Sadi K bad aksar es trh ki problem aati h... Mere diploma m nam K sath tripathi ni likha h, Baki high school n inter mediate m sar name likha h.... Plz reply me sir 🙏🙏🙏🙏🙏🙏

  • @JaskaranSingh-vv1zo
    @JaskaranSingh-vv1zo Před 4 měsíci

    You said employer contribution cap is 7.5 lpa, above that we have to pay tax. Does it mean, we can save upto 7.5 lpa? I didn't get this point. Can anyone answer this?

  • @user-82875
    @user-82875 Před 4 měsíci

    NPS ke baare me jankari dijiye. Kitna amount kab kaise withdraw kar sakte hai

  • @Laxman_sarangi
    @Laxman_sarangi Před 4 měsíci +1

    Question:-
    1:- Kya EPS withdrawal kara ja sakta h?
    2:- EPS ko details me samjhaiye

  • @user-xy5kd5ti2n
    @user-xy5kd5ti2n Před 4 měsíci

    Please add a section where user can enter the DA % value. For Govt. Employees DA is revised every year.
    According the EPF contribution is adjusted

  • @rg50241
    @rg50241 Před měsícem

    i have shifted to new organization where NPS is implemented instead of EPF. what should i do with the EPF / EPS after 3 years of non service in the last PF a/c

  • @adityakothari2350
    @adityakothari2350 Před 4 měsíci

    Pls clarify rules regarding credit of interest in EPF, in case of early retirement where one decides to quit early and do not want to withdraw the EPF corpus
    Wiĺl he get interest till 36 months or will he get (taxable) interest till retirement ?

  • @irshadkhan-ts1qz
    @irshadkhan-ts1qz Před 3 dny

    Epf ka payment retirement k time ek sath milta hai ya pention k roop me tuk tuk kar ke btaiye sir

  • @milinddhadge6715
    @milinddhadge6715 Před 2 měsíci

    Sir please make video on higher pension scheme vs old pension scheme. Which is better for compounding effect.
    And the corpus We get from old pension scheme after age of 58 we could invest it in mutual fund swp plan.
    Which one is better in that respect.

  • @vimalshrivastava6586
    @vimalshrivastava6586 Před 4 měsíci

    Hello Sir,
    Can I withdraw all the amounts from NPS before the age of 60? The current value is less than 3 Lakh.