If you're a salaried employee in India, you might have noticed a portion of your salary being deducted each month. This deduction contributes to the Employees’ Provident Fund (EPF), a ...

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.

EPF is one of the few categories that enjoys the exempt-exempt-exempt (E-E-E) status from the Income Tax Department (I-T Department). It means deposits, interest earned up to 12 per cent contribution ...

EPFO Interest Rate: Employees' Provident Fund (EPF) is a retirement scheme in which the employee and the employer deposit money in equal proportions. Deposits up to the limit of Rs 1.50 lakh in the ...

How to check PF Balance: If you are employed, a part of the Provident Fund (PF) is deducted from your salary every month. This amount is for your savings and retirement. However, many times we do not ...

The Employees Provident Fund Organisation (EPFO) has announced a 0.05% increase in the interest rate on EPF for the financial year 2022-23. The new interest rate has risen to 8.15%, up from 8.10% in ...

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.

Currently, PF is calculated at 12% of basic salary. With basic pay and allowances now forming a larger portion of ‘wages,’ mandatory PF contributions will rise without an increase in overall ...

A new Code on Wages mandates basic salary to be at least 50% of total CTC, impacting employee paychecks. This change aims to ...