Ultimate EPF Guide 2024 | Employee Provident Fund Calculator & Withdrawal Rules | AssetYogi Show #7
Vložit
- 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.
Join Video Finance App, Vidfin here:
vidfin.com/
EPF Calculator:
assetyogi.com/epf-calculator-...
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?
-------------------------------------------------------------------------------------------
Connect with Us
INSTAGRAM - / assetyogi
TWITTER - / assetyogi
FACEBOOK - / assetyogi
LINKEDIN - / mukulm
-------------------------------------------------------------------------------------------
Website
assetyogi.com
#EPF #EmployeesProvidentFund #AssetYogiShow
Join All-In-One Video Finance App here: vidfin.com/
Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.
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.
I was extremely confused before Regarding EPF and all
But after watching this incredible video...It's all clear to me..Thanks 😊
Thanks for explaining everything in such a good manner.
Very nice informative video. Looking forward to such videos !!!
Thank you for sharing Sir !!
Really very good interesting information
Thanks
Thanku so much sir... Very help full information
Very informative and useful. Thank you
You're Welcome!
Very informative video . Sir please make separate video on NPS .
Sir make a video around NPS employer contribution and exemption on new tax regime, under 80CCD2.
Gazab samjhaya sir maja aa gya sara confusion khatam
Very informative video for All employees keep it up Sir.
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..
Very Well Explained Sir
Good work Sir ji
Thank You Sir!
Thanks for yet another insightful video. How about calculation as per recent option with EPS-95 in consideration?
Great Information
superb video for understanding the concept... please add one more column for the voluntary contribution of the employee.
Nice video well explained thank you
Thank you very much sir ❤
UR A GENIUS MUKUL SIR ♥️
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
There is no provident fund of current central government employees, only NPS.
Excel calculator is very helpful. Please add vpf section in this calculator
Thanks mukul ji , Is NPS investment considered as an employer investment or employee investment?
Sir pls make detail video on NPS. Covering topics of taxation, withdrawal, plus and minus points of NPS
+1
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.
Sir agar paise nikalne hai job chodne k baad to kya poora Paisa nikal sakte hai pension wala part bhi
Index muchal fond ka 12 present / EPF ka 8.15 present konsa option best hai
Thanks 🙏
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.
VPF Calculations bhi batiya.
Hello sir, nice video, Employer contribution is included in company CTC ? Or It is above CTC...please explain
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 ?
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.
Thank you so much sir the content was so clear and easy to catch.
You are most welcome
Sir NPS Par bhi वीडियो बनाये
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 ?
Fan of You Sir.
Good
Thank you for sharing this video ❤ I had a question - on my passbook EPS is showing as 0, what does that mean?
Sir
Central Govt Employees NPS के बारे में बताये
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?
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
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?
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..
Can u pls provide the maturity calculation in case of VPF
Video is really good but There are few more things on EPF u have not covered yet.
Very nice information & fact based speech
Can we get any deduction for employer contribution as like we get in employee contribution in 80C?
what is an ideal amount 12% of basic or standard 1800 , from an employee perspective?
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 ?
Great salute sir ❤❤
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 ?
Dada pranam🙏🙏
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
Yogi ji, is there TDS or taxability on the interest accumulation in PF account , on early retirement after 30 years of working?
Super sir. 👌👌
Sir, pls also say about gratuity and how to calculate it. Most of the company not say about it.
Sir agar kisi k kyc company ne update nahi k ho, ya epf account se without kyc amount withdraw kar sakta h
Is it necessary that 5 years continuous service should be in same organisation or can it be in different organisations as well??
Great video
The Excel file does not account for VPF contributions.
Also, the base amount is not captured in the Excel.😊
Plzz bring a video on CMPF AND CMPS
Could you please share some video on eps.
Please make a video on NPS vs EPF
Missing a couple of points in the calculator.. current amount in the PF account and VPF contribution... that will make your calculator complete
Sir NPS mei bhi video banaiye
Sir nps pr bhi details video bnao
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
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?
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)?
Sir please ek video NPS account holder employees ke liye bhi detail video banaiye
EPF ke saath jp pension amount hai, wo bhi full withdraw kar sakte hai kya, EFP 100% withdrwal ke saath after withdrawal?
Sir maturity amount at the time off retirement, how many years additional can be kept and interests earned
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
Sir, i not able see interest on uan passbook website. Any guidance how to check anything needs to do
Interest on EPF deposit to account is quarterly or yearly?
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....
Please talk about the EPS. How does one get a monthly pension.
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
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
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..?
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?
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
Sir do your company provides the guidance on mutual fund which mutual funds we should take in our portfolio.. & what are the charges ?
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..😊
Very informative and nice. Video in details. How can I get this excel calculator
Is it good to increase my contribution in EPF or invest this amount in other like NPS
Whether. wd ofEPF will. affect the Epf. pension.
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?
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 🙏🙏🙏🙏🙏🙏
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?
NPS ke baare me jankari dijiye. Kitna amount kab kaise withdraw kar sakte hai
Question:-
1:- Kya EPS withdrawal kara ja sakta h?
2:- EPS ko details me samjhaiye
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
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
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 ?
Epf ka payment retirement k time ek sath milta hai ya pention k roop me tuk tuk kar ke btaiye sir
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.
Hello Sir,
Can I withdraw all the amounts from NPS before the age of 60? The current value is less than 3 Lakh.