The Employee Pension Scheme (EPS) plays a crucial role in ensuring employees' financial stability in their retirement years by providing them with lifelong pension benefits and social security.
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 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 ...
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 ...
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 ...
EPFO higher pension: The Employee Provident Fund Organisation, in its new circular has released a circular talking about the computation method through which higher pensions of those employees who ...
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 Retirement Corpus Calculator: Employees' Provident Fund (EPF) is a retirement scheme where private sector employees get a fixed interest rate. It is one of the few schemes where the invested ...
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 March, the Central Board of Trustees lowered the interest rate on Employees' Provident Fund (EPF) to 8.5% for 2019-20, the lowest in seven years. However, the finance ministry is yet to notify the ...