What Is EPF Scheme & How To Calculate PF Balance? The Employees' Provident Fund (EPF) is a retirement savings scheme mandated by the Indian government.

Here's how to calculate pension amount under Employees’ Pension Scheme Towards the provident fund, both the employer and the employee contribute 12 per cent each to the EPFO account every month. This ...

Employees' Provident Fund (EPF) refers to a voluntary retirement savings scheme backed by the Central government that is available to all salaried employees and workers in the private sector. An ...

The Central Board of Trustees of Employees' Provident Fund Organisation (EPFO) has recommended an 8.50% annual rate of interest to be credited for EPF subscribers accounts for the financial year ...

EPFO higher Pension: All employees are mandated to contribute 12% of their monthly basic wages and DA towards the EPF. Then, the employer is also required to make a similar contribution.

How To Calculate PF Balance? The PF amount is fixed as per various scenarios, such as the company’s employee strength, their salary amount, to name a few.

Using a PF calculator is crucial for understanding and planning your retirement savings effectively. With consistent contributions and a favorable interest rate, the EPF balance can indeed grow ...

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.

Employees’ Pension Scheme, is a social security scheme provided by the Employees’ Provident Fund Organisation for employees working in the organized sector.

The primary aim of the EPF scheme is to promote savings amongst people which can be used by them post their retirement.