After 1stSeptember 2014 PF Department said if any person starts his new job with a salary more than Rs. 15000 then his pension contribution would be nil. Often employer not being aware of it cuts the EPF. This was introduced through an official notification called GSR 609(E).The GSR 609(...
1) 3 months of Basic wages and Dearness allowance. Check your Payslip for basic salary and Dearness allowance. 2)75% of EPF Corpus amount till now. The amount standing to the credit in EPF includes employee’s share, employer’s share and interest thereupon Our articleHow to withdraw advan...
Companies with private EPF trusts are evaluated periodically on six parameters (100 points for each), such as: full and timely monthly remittances of EPF accumulations to the private trust; transfer of funds — for example on exit of employees; efficacy of making investments, the rate of return...