EPF or Employees’ Provident Fund is a government-backed retirement benefit scheme for salaried employees. The employee and the employer contribute 12% of the employee’s basic salary and dearness ...
Let's put some conditions in place to get a clear picture of the calculations. We are assuming one will start contributing at the age of 25. Since one's salary is most likely to increase with time, we ...
The Employees’ Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly ...
EPF Calculation: Employees' Provident Fund (EPF) is a popular retirement scheme that provides a lump sum amount and a monthly pension upon retirement. The central government decides the interest rate ...
The Employees’ Provident Fund Organisation (EPFO) has introduced a major update under its EPFO 3.0 framework, allowing members to withdraw up to 75% of their total EPF balance instantly, without the ...
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 ...