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 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.

Let's put some conditions in place to get a clear picture of the calculations. We are assuming one will start contributing at the age of 25. Since one's salary is most likely to increase with time, we ...

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.

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.

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 ...

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 Planning: Employees' Provident Fund (EPF) provides tax-free corpus. If an employee invests consistently in EPF and increases the amount as their basic salary increases, they can create ...

A central government employee who retires under the Pension Rules is entitled to a pension after completing at least ten years of eligible service. Similarly, the Employees’ Provident Fund ...

Pension for EPF members: Since 2014, the central government has kept the minimum pension at Rs 1000 per month under ...