The interest rate of Employees' Provident Fund is notified by the government in each financial year. Salaried individuals contribute a fixed amount each month towards the Employee Provident Fund and a ...
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.
EPFO Higher Pension Calculation 2023: If you are an EPF member from before 1st September 2014, you will soon have the option to contribute 8.33% of your Basic Salary and Dearness Allowance (if ...
The Employees Provident Fund Organisation (EPFO) has released Frequently Asked Questions (FAQs) on higher EPS pensions. The FAQs will help you understand the documents you will require and the ...
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 ...
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EPF or EPS: How much pension will you get after retirement? Know the latest formula and rules
Retirement is a major milestone in every working person’s life. Along with emotional changes, financial security becomes the ...
The Employees' Provident Fund Organisation for the third time has extended the last date to apply for the higher pension scheme till July 11, 2023. The EPFO subscribers are entitled to a pension at ...
A central government employee who retires under the Pension Rules is entitled to a pension after completing at least ten years of eligible service. Similarly, the Employees’ Provident Fund ...
The rate of interest for the FY 2020-2021 is 8.5%.(Mint) The Central Board of Trustees of Employees' Provident Fund Organisation (EPFO) has recommended an 8.50% annual rate of interest to be credited ...
The Employees’ Provident Fund Organisation (EPFO) has announced the method of computing pension on higher salary, instead of the statutory limits. This will be applicable to those who opt for a higher ...
The Employees Provident Fund Organisation (EPFO) has announced a 0.05% increase in the interest rate on EPF for the financial year 2022-23. The new interest rate has risen to 8.15%, up from 8.10% in ...
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