Nomination in EPF

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This query is : Resolved

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This discussion clarifies Employee Provident Fund (EPF) nomination rules. It confirms that you can nominate your sister even if you have dependant parents. Furthermore, it explains that parents can be considered dependants for EPF nomination purposes, especially if they rely on you for care and support, even if they have some investment income.

Pooja

Pooja (Querist)
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12 March 2024 Can I nominate my sister in my EPF even if I have dependant parents?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 March 2024 Yes.
As per the EPF rules, any member who has a family can assign one or more members of the family as nominees. And a member who has no family can nominate any other person. But if the member acquires a family, this nomination will become invalid.

Pooja

Pooja (Querist)
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13 March 2024 My parents don't have a regular source of income, their only income is from the investments made. I live with them and take total care of them. So can I nominate them as dependent parents?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 March 2024 Yes, you can nominate.

Pooja

Pooja (Querist)
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14 March 2024 When are parents considered dependant as per epf rules?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 March 2024 Until marriage....
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