Employees Provident Fund contribution (EPF) calculation: Every private sector employee has to contribute 12% of his/her Basic Salary+Dearness Allowance (DA) towards the Employees’ Provident Fund (EPF) ...
As per the EPFO rules, entire PF withdrawal is tax exempted and hence this rise in EPF balance due to the implementation of the new wage act is going to provide huge relief to EPF account holders. How ...
As per the EPFO norms, entire PF withdrawal is tax exempted and hence this rise in the EPF balance due to the implementation of this new wage act in India is going to provide huge relief to the EPF ...
Earning money while working is important, but saving is even more important. Sudden financial needs can arise at any time. In such situations, your savings are helpful. Now, how to save? So, the ...
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 ...
For the benefit of subscribers, retirement fund body EPFO has asked its regional offices to provide details of the calculation sheet to the EPF subscribers at the time of final settlement or ...
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 ...
PF contribution above Rs 2.5 lakh per annum would also remain taxable. New Delhi: In a big update for Employees’ Provident Fund (EPF) members, the central government has notified rules for calculating ...
The government has provided the facility of online withdrawal of money from the PF, i.e., Provident Fund. But many people withdraw money from their PF account even without any major need. This ends up ...