EPF Contributions Explained The EPF Contribution used in EPF Interest Calculator 2023: Category% Of Contribution Employees Provident Fund 3.67 % Employee’s Deposit Link Insurance Scheme (EDLIS) 0.5 % EDLIS Admin Charges 1.1 % Employee Pension Scheme (EPS) 0.01 % EPF Admin Charges 8.33 % Employ...
Please verify that your bank details are correct. If your bank details are incorrect then one needs to submit the reauthorization form with the cancelled cheque of the bank. This article explains how to Verify your bank account details. if incorrect, you should not reapply but submit Reauthorizat...
Table comparing EPF and NPS is given below Should you transfer EPF to NPS? No because Currently, there is no other scheme that gives an assured return of around 8% and that too tax-free. EPF contribution happens before salary comes to the bank account so it is compulsory saving for retire...