The interest rate on EPF is typically higher (8.5 percent) rather than other small savings schemes such as public provident fund, senior citizen savings scheme, Kisan Vikas Patra, and Sukanya Samriddhi and fixed deposit. This higher rate prompts employees to put higher corpus in EPF, which in ...
and pension for nominees.EPS program replaced the Family Pension Scheme (FPS). It is financed by diverting 8.33 percent of employer’s monthly contribution from the EPF(restricted to 8.33% of 6500 or Rs 541.From Sep 1 2014 salary limit has been increased to Rs 15,000 so Rs 1250 per mont...
if not then only 10% tds will deduct from my withdrawal amount or any other tax will also be applicable in addition to tds. Reply Basavaraj Tonagatti April 2, 2021 at 12:58 PM Dear Mohanty, You are not eligible to submit Form 15G. Let them deduct TDS. While filing ITR you can clai...