The Employee Pension Scheme (EPS) is a retirement plan that helps employees get a monthly pension after they turn 58. Both you and your employer put 12 per cent of your basic salary into a special ...
Monthly Salary Calculations, 7th Pay Commission: Basic pay is one of the key factors to decide the overall salary of a central government employee. However, it is not the only factor. Their overall ...
Under EPF, both the employer and the employee contribute to a pool of funds. The contribution from both stands at a maximum of 12 per cent of the basic salary and dearness allowance (DA) of an ...
Monthly pension: The Employees Provident Fund Organization (EPFO) offers its members a pension scheme under the Employees' Pension Scheme (EPS). Each member can get a monthly pension of Rs 10,000.
EPFO: How you can receive a monthly EPS pension of Rs 9,642 despite the Rs 15,000 EPF wage ceiling (Image source - Freepik) The Employees’ Provident Fund Organisation (EPFO) primarily manages two ...
Gratuity is paid as a long-term loyalty benefit by the employer to the employees who serve for at least five years in an organisation.
Gratuity Calculator: If you work in a company for several years, the company can give you a gratuity. But gratuity is not given to every employee as the government has made some rules for it. Only ...
The words “8th Pay Commission” bring hope and excitement to lakhs of central government employees and pensioners across India. From social media posts to office lunch breaks, one question is on ...
Find out how much you will get paid for gratuity or working on a holiday Dubai: Looking to find out details of your salary breakdown? If you need to calculate the gratuity you can expect if you leave ...