The Employee Provident Fund (EPF) is a government-backed retirement savings scheme in India, operating under the EPF & Miscellaneous Provisions Act, 1952. EPF serves as a reliable savings avenue for ...

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 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 ...

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.

Provident Fund is an investment instrument that helps individuals secure their financial future. It is a savings account with regular contributions from an employer and the employee. The Public ...

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.

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 ...

Compound interest makes your money grow faster. The longer the duration of the investment, the more compound interest you get. On the other side, simple interest is calculated only on the principal ...