Have you ever wondered how much the PF money deducted from your salary each month will translate into a pension upon retirement? If not, this news is for you. Nearly 70 million people in the country ...
A simple calculation shows how withdrawing 50% of your EPF corpus at age 35 could reduce your retirement savings by nearly Rs ...
A major win for pensioners! The Punjab and Haryana High Court has struck down the unfair pro-rata calculation method, ...
The Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fund Organisation, it provides monthly pensions, family pensions ...
In EPF, you can contribute 12 per cent of your basic salary and dearness allowance. This limit doesn't apply to your Cost to ...
AI Quick Read EPF is administered by the Employees’ Provident Fund Organisation (EPFO) under the EPF Act of 1952. Compared to the public provident fund (PPF), which is available to all Indian citizens ...
In a fresh clarification in Parliament, the government has indicated that there is no immediate proposal to calculate Employees’ Pension Scheme (EPS-95) pension on the basis of actual basic salary ...
EPF retirement age is 58, not 60. EPF earns interest for 3 years post-retirement at age 58. EPS pension starts at 58, regardless of working status. Did our AI summary help? For many salaried employees ...
AI Quick Read The Employee’s Provident Fund (EPF) is a key investment pillar that helps in effective retirement planning for salaried individuals in the country. Still, immense confusion persists ...
More recently, a strong judgment was delivered by the Punjab and Haryana High Court against the pro-rata method.
Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is ...
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