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 ...
An employee contributes a minimum of Rs 1,800 and a maximum of 12 per cent of their basic salary to their EPF. Their employer in the equal proportion also contributes to the employee account. From the ...
Salaried individuals can now make their income tax-free in the new tax regime. This is possible by utilising employer ...
The Employees’ Provident Fund Organisation (EPFO) has simplified the process of Universal Account Number (UAN) allotment and activation. A circular issued by the retirement fund body stated that by ...
Investors aiming to create a sizeable retirement corpus may opt for National Pension Scheme (NPS) or the Employees' Provident Fund (EPF). NPS is a voluntary contribution scheme where one can invest up ...
Your money does not reset with every new employer, but UAN, KYC mismatches and exit date delays can quietly lock your EPF in ...
The Employees’ Provident Fund Organisation (EPFO) has rolled out its biggest reform in years to pushback against new withdrawal limits and requirement for a minimum balance. The Employees Provident ...