If implemented, this change could increase the employers EPS contribution from Rs 1,250 to Rs 2,083 per month, boosting ...
Two Pillars of Financial Security for Employees When it comes to long-term financial security, two government-backed schemes ...
Who pays what into Employee Provident Fund (EPF), Employee Pension Scheme (EPS), and Employees' Deposit Linked Insurance (EDLI) -- the 12% math explained. Kindly note that this illustration generated ...
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EPF-EPS Nomination Rules: What will happen if a nominee is not selected after marriage? Who will get the money?
This negligence is not making a new nomination after marriage. Yes, the rules of EPF and EPS clearly state that the previous nomination gets automatically cancelled as soon as you get married. That is ...
The Employees’ Provident Fund Organisation (EPFO) is likely to increase the wage ceiling for mandatory inclusion under the Employees' Provident Fund (EPF) and Employees' Pension Scheme (EPS) from the ...
EPFO’s new rules make full withdrawals harder and extend pension timelines, leaving many middle-class workers worried about ...
Let's calculate the monthly pension under the Employee Pension Scheme (EPS) for an employee with a basic salary of Rs 68,000 and varying years of service - 16 years, 26 years, and 32 years, to ...
EPFO’s move to extend full withdrawal timelines aims to secure retirement savings—but may create new hurdles for migrants, ...
The proposal, expected to be taken up in December or January, could bring over 10 million more employees under EPF and EPS coverage and boost retirement savings across sectors ...
The EPF (employees provident fund) is a retirement savings scheme, managed by the EPFO (Employees’ Provident Fund Organisation). Under the scheme, both the employee (12% of the basic pay) and the ...
Amid criticism from various stakeholders, including members, over the decision regarding the window to allow final settlement of EPF and EPS funds in case of unemployment, the Employees’ Provident ...
After merging PF accounts, it's essential to update KYC information if needed. Ensure Aadhaar, PAN, bank account details, and ...
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