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) ...
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 ...
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EPFO: PF account holders with 50 thousand salary will get 5.5 crores on retirement, understand the calculation..
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 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 ...
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 ...
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 ...
PF Rs 2.5 lakh Budget Income Tax announcement: The Budget had said that interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from April 1, 2021. PF Rs 2.5 ...
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