New Pf Rules 2024

New Pf Rules 2024. These changes aim to simplify the process of managing pf across different employers and ensure a seamless continuation of retirement savings for employees. The central board of direct taxes (cbdt) has notified new rules that specify how the interest on the provident fund contribution of an employee over a certain threshold will.

Finance minister nirmala sitharaman on tuesday. Epfo’s new rules enable the automatic transfer of old pf balance to the new employer, eliminating manual requests.