Since 2014, the central government has kept the minimum pension at Rs 1000 per month under EPS-1995.New Delhi: EPFO Pension Calculator: Employee Provident Fund Organization (EPFO) also runs the ...
EPF vs. EPS Contributions For organized sector employees, 12% of your Basic Salary + DA is contributed monthly to EPF. Your employer matches this amount, but 8.33% of their contribution goes to ...
Higher pension calculation: Should you opt for higher pension per EPFO’s new formula? It’s complicated Higher pension on actual salary: In order to avail of this, you will need to transfer ...
EPFO raised the interest rate to 8.25% for FY24, the highest in three years. In FY23, it was 8.15%, up from 8.10% in FY22.
The new tax regime has changed how we think about saving for retirement. NPS and EPF both play a crucial role, but are they ...
In FY24, the EPF had settled 44.5 million claims worth Rs 1.82 lakh crore. (Image/PTI) The government is working on enabling the processing of Employees’ Provident Fund (EPF) claims by ...
Regardless of whether an employer is exempt (managing PF through a private trust) or non-exempt (managed directly by the EPFO), all pension contributions flow to the Employees’ Provident Fund ...
Under the new tax regime, salaried individuals can opt for both NPS and EPF to boost their retirement corpus. But which is ...
Trade Unions on Monday pressed for increasing minimum EPFO pension 5 times to Rs 5,000 per month, immediate constitution of the 8th Pay Commission and higher taxes on super rich in the upcoming ...