PF Balance

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Now, you can check or verify your existing Provident Fund balance Online. .

Presently, this blog provides to check the current balance in your PF account by providing Employer's establishment code and PF account number which would be available in your monthly payslip
Easy steps to check your PF balance

  1. Please click on the following link "Click Here to know the balance" to know the balance in your EPF Account upto the date, the accounts are updated, which also includes the latest approved transactions of settlement/advances/transfer-in/transfer-out, if any.
  2. Select the EPFO office where your account is maintained and furnish your PF Account number. Need to know that in which location your company is registered
  3. Leave the extension field blank, in case your account does not have one
  4. You will be asked to enter your name and mobile number. The given mobile number will be recorded along with the PF Account Number.
  5. On successful submission of above information, the details will be sent through SMS to the given mobile number.
PPF tax concessionsInterest earned is fully exempt from tax without any limit. Annual contributions qualify for tax rebate under Section 80C of Income tax Act. Contributions to PPF accounts of the spouse and children are also eligible for tax deductions. Balance in PPF account is not subject to attachment under any order or decree of court. But, Income Tax authorities can attach the account for recovering tax dues.

Interest rates over time
01.04.1986 to 14.01.2000.... 12%


15.01.2000 to 28.02.2001 ... 11%

01.03.2001 to 28.02.2002 ... 9.5%

01.03.2002 to 28.02.2003 ... 9%

01.03.2003 to 30.11.2011.... 8%

01.12.2011 onwards........ . 8.6%
 
THE PUBLIC PROVIDENT FUND SCHEME, 1968
 
[Issued vide Government of India, MOF (DEA) Notification No. GSR 1136 dated 15.6.1968 and further amended from time to time]
GSR 1136;- In exercise of the power conferred by Section 3 of the Public

Provident Fund Act, 1968 (23 of 1968), the Central Government hereby makes the following scheme, namely:-
1. Short title and commencement:- (1) This scheme may be called the Public Provident Fund Scheme, 1968.

(2) It shall come into force on Ist July, 1968.

2. Definitions:- In this scheme, unless the context otherwise requires:-

(a) ‘Account’ means a Public Provident Fund Account under this scheme.

(b) ‘Accounts Office’ means an office or branch of the State Bank of India, may subsidiary bank of the State Bank of India (excluding a pay office, a sub pay office or any other office managed by single officer or clerk) and any other office authorized by the Central Government to receive subscriptions under the scheme;

( c) ‘Accounts Officer’ means the person who for the time being is in charge of an Accounts Office.
(d) ‘Act’ means the Public Provident Fund Act, 1968 (23 of 1968)
(e) ‘Form’ means a form appended to this scheme;
(ee) ‘Guardian’ in relation to a minor, means:-‘
(i) Father or mother and
(ii) Where neither parent is alive, or where the only living parent is incapable of acting, a person entitled under the law for the time being in force to have care of the property of minor;
(f) ‘Year’ means the financial year (Ist April to 31st March)
3. Limit of subscription:- (1) Any individual may, on his own behalf or on behalf of a minor of whom he is the guardian, subscribe to the Public Provident Fund (thereafter referred to as the fund) any amount not less than Rs. 500 and not more than Rs. 70,000 in a year.
(2) Notwithstanding anything contained in sub-paragraph (1), an individual may also subscribe to the fund on behalf of:-
(a) a Hindu Undivided Family, or

(b) an association of persons or a body of individuals consisting in either case, only of husband and wife governed by the system of community of property in force in the State of Goa and the Union territories of
Dadra and Nagar Haveli and daman and Diu, by whom or on whose behalf money is deposited in an account and the deposit means money is deposited.Out of the income of the Hindu Undivided Family or an association of persons or body of individuals, as the case may be , any amount not less an Rs. 500 and not more than Rs. 70,000 in a year.
on Resident Indians are not eligible to open an account under the Public Provident Fund Scheme:-
Provided that if a resident who subsequently becomes Non Resident Indian during the currency of the maturity period prescribed under Public Provident Fund Scheme, may continue to subscribe to the Fund till its maturity on a Non Repatriation Basis.