EPF is one of the few categories that enjoys the exempt-exempt-exempt (E-E-E) status from the Income Tax Department (I-T Department). It means deposits, interest earned up to 12 per cent contribution ...
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.
The Employee Provident Fund (EPF) is a retirement savings scheme mandated by the Government of India, aimed at providing financial security to employees post-retirement. Both the employer and the ...
You can calculate the interest earned on the money in your Employees' Provident Fund (EPF) account and the pension amount you ...
The EPF scheme is managed and regulated by the Employees Provident Fund Organisation (EPFO). After retirement, the employee gets the accumulated fund in a lump sum. For retirement planning, you should ...
How to check PF Balance: If you are employed, a part of the Provident Fund (PF) is deducted from your salary every month. This amount is for your savings and retirement. However, many times we do not ...
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 ...
The EPF, commonly known as the Provident Fund (PF), is a retirement savings fund. The Union finance ministry has notified the rate of interest for provident fund contributions at 8.15% for 2022-23.
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 ...
Many businesses are finding it tough to sustain amid the sharp revenues losses due to the lockdown implemented to prevent the spread of covid-19. Many of them have resorted to salary cuts in order to ...