FAQ's

What is Provident Fund?

Provident Fund (PF) is a savings scheme in India that is primarily meant for employees. It is a government-mandated scheme wherein employees and employers contribute a portion of their salaries and wages, respectively, towards a fund. The fund is managed by the Employees’ Provident Fund Organisation (EPFO), which is a statutory body under the Ministry of Labour and Employment, Government of India.

What are the types of PF?

• Employee Provident Fund
• Public Provident Fund (PPF)
• Voluntary Provident Fund (VPF)

What is the interest allowed on PF contributions?

8.15% p.a. for FY 2022-2023.

Is the interest on PF taxable? How can 3G PF Registration Consultancy help you?

Yes, the interest is taxable at the applicable slab rate. Any interest earned on a contribution over and above INR 2.5 lakhs is taxable in the hands of the employees.

For more information, call: 9059145190

How to do EPF registration online? How can 3G best PF Registration Consultancy help you?

Looking to register your Provident Fund (PF) online without any hassle? Look no further than 3G Consultant! Our team of experts will guide you through the entire registration process, ensuring a smooth and efficient experience.

With our help, you won't have to worry about navigating complex government procedures or filling out tedious paperwork. We make the process simple and easy, allowing you to focus on your business operations and leave the rest to us.

Our services include assistance with online registration of your PF account, as well as helping you understand the various rules and regulations associated with it. We provide a personalized experience and ensure that all your queries are resolved in a timely manner.

You can contact us on the given number or chat with us through WhatsApp to learn more about our services and how we can help you register your PF account hassle-free. Let 3G PF Consultant take care of your PF registration needs while you focus on growing your business.

For more information, call PF Consultancy: 9059145190

What is a PF number?

The Employee PF Number is an account number which is used by the employees to check the status of their EPF and EPF account balance.

How is it allotted?

It should be divided equally between the employer and employee.

What are the benefits of PF?

Good investment opportunities to individuals upon retirement.

For more information, call PF Consultancy: 9059145190

How to withdraw my PF amount?

Either online or offline.

Can I withdraw for personal purposes?

It can be withdrawn under certain circumstances including medical purposes, marriage, and home loan repayment.

What should I do when I change my job?

You are not supposed to withdraw. It gets automatically transferred from your existing employer to the new employer.

How can an employee register for PF?

Employer Registration on the official website

Received OTP Pin on his registered email id and mobile number

Once the employer registration is completed and verified, the applicant can log in with the credentials for completing the details of the Establishment.

Once the registration is completed, the department allows the EPF registration certificate in form 5 containing the Unique Identification Number.

For more information, call PF Consultancy: 9059145190

What is UAN?

UAN is a 12-digit unique number provided to each employee contributing to the employee provident fund.

How to transfer EPF online? How can 3G PF Consultancy help you in a better way?

Login to EPF account using your UAN and password

Go to ‘One Member – One EPF Account (Transfer Request)’ option in the ‘Online Services’ section

Verify the information carefully

Go to ‘Get Details’ to view PF account details of the previous employment

Provide your Member ID or UAN in the required fields

Enter the OTP

PF transfer request will be submitted in PDF format to your selected employer

Once the approval is made, the PF is transferred to the new account with the current employer

You can track the application online.

How to file EPF E-nomination online?

Visit EPFO Member Portal

How to link the EPF account with Aadhaar online?

Log in to the UMANG app using your ‘MPIN’ or the ‘OTP’ option

Go to ‘All Services Tab’ and choose ‘EPFO’

Click ‘e-KYC services’

Go to Aadhaar seeding option

Enter your UAN and click on ‘Get OTP’

Enter the OTP

Fill the required details

You will receive OTP for your registered mobile number

Once the verification is done, your Aadhaar will be linked successfully.

What are the benefits of the EPF scheme?

Tax-free

Long-term investment

Insurance benefits

How much employee percentage is EPF deduction from salary?

12% of Basic salary.

What is the transfer procedure? Best way to approach 3G PF Consultancy in Hyderabad.

Log on to the Unified Portal with the UAN and password.

Click on ‘One Member – One EPF Account’ under Online Services.

Verify the information.

Give the required details on “GET DETAILS”.

Choose employee and enter your UAN.

Enter the OTP and click on submit.

Who is eligible for EPF?

Be an Indian and be at least 18 years of age.

Can we check the PF balance online?

Yes, on the portal with UAN and password.

Is there a mobile app for EPF?

Yes, “UMANG” (https://web.umang.gov.in).

What is the minimum amount required to be deposited in PPF account yearly?

Minimum amount is 500.

What is the maximum amount required to be deposited in PPF account yearly?

Maximum amount is 150,000.

How many times can a person withdraw money?

Only once for a financial year.

How to claim employee provident fund?

By applying for Withdrawal Benefit or Scheme Certificate through Form 10C.

How is UAN assigned?

The UAN is generated by EPFO.

For more information, call PF Consultancy: 9059145190

What is the minimum term of a PPF account?

Minimum tenure of 15 years.

Will I have to activate my UAN for transferring PF online?

Yes, in the UAN portal.

Why is Provident Fund?

For providing financial security and stability.