The Employee Provident Fund (EPF) is a retirement benefit scheme that allows salaried individuals to contribute some percentage of their basic salary and dearness allowance towards their retirement.
If you're a salaried employee in India, you might have noticed a portion of your salary being deducted each month. This deduction contributes to the Employees’ Provident Fund (EPF), a ...
A big uncertainty in re-calculating contributions to be eligible for higher pension is the amount of money you would need to keep aside if you opt for higher pension. The Employees’ Provident Fund ...
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EPFO Pension Rules: How much pension will you receive upon retirement? Most people don't know, but learn this EPF calculation..
Have you ever wondered how much the PF money deducted from your salary each month will translate into a pension upon ...
EPFO’s calculator is based on Excel utility and is quite user-friendly. Employees should keep this in mind that the calculator will only give a ballpark estimate of the amounts. The regional PF ...
Higher pension under EPS: Wondering whether you want a big Provident Fund corpus at the time of retirement or a better monthly pension? Watch this video to understand in simple terms and make a ...
As per the EPFO rules, every establishment having 20 or more employees is mandated to offer EPF facility to its employees. Under the EPF scheme, the employee contributes 12 per cent of his basic ...
In a recent ruling that favours employees, the Delhi High Court has expanded the scope of basic wages to be included for Provident Fund (PF) contribution. Under the PF rules, contribution towards PF ...
The formula for pension calculation under the Employees’ Pension Scheme (EPS)-95 of the Employees’ Provident Fund Organisation (EPFO) should be revisited, according to the Bengaluru-headquartered ITI ...
Employees Provident Fund Interest Rate Calculation 2022: The applicable interest rate on EPF contribution for the financial year 2021-22 is 8.10%. The Government is currently not considering any ...
The Finance Ministry said that tax on interest pertaining to contribution towards Employees’ Provident Fund (EPF) or General Provident Fund (GPF) exceeding ₹2.5 lakh will not be retrospective. The ...
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