I have created a small free excelEPF maturity calculatorthat can be used to estimate the EPF corpus when you retire. It is a simple, easy-to-use and takes the EPF contributions of the employee and the employer, and then calculates the interest on the contribution that year and also on th...
You can also file an RTI in case of no satisfactory answer from EPFO in time. This will make you get the status of your EPF within 30 days from the date you file RTI. How to file EPF complaint online at EPF Grievance Website? Visithttp://epfigms.gov.in/and Click on theRegister Gr...
According to the EPF scheme in Para 72 (6), “Any amount becoming due to a member as a result of: (i) supplementary www.epfindia.gov.in contribution from the employer in respect of leave wages/arrears of pay, instalment of arrear contribution received in respec...
On the EPFO site, you need to provide an authentic photo ID such as Aadhaar card, PAN card or driving licence. A Personal Identification Number will be sent from the website to your mobile number which is to be checked. After entering the PIN, to make sure, an SMS will be sent to y...
How to Make Payroll System in Excel What Is the Payroll Process? A payroll administrator needs to do detailed planning of the whole payroll process. There is always work managing ongoing tasks that need attention and constant monitoring of changes to tax withholding, contribution, and other things...
The transferred recognised Provident Fund/Superannuation Fund will not be treated as contribution of the current year by employee/employer and the subscriber would not make Income Tax claim of contribution for this transferred amount. How to transfer EPF to NPS ...
Employee Provident Fund (or EPF) is also called Kumpulan Wang Simpanan Pekerja (or KWSP). The KWSP is a savings account and a retirement fund offered in Malaysia. Both employers and employees make financial contributions to the fund. Every contribution and transaction is detailed on the KWSP ac...
EPF Account 2 (Taxable Contribution) = Rs 1.1 lakh ThoughRs 2.5 lakh Rule is not applicable to PPF, those who also make additional contributions viaVPF, will come under similar EPF tax implementation. Suppose your EPF account balance at the end of FY2020-21 was Rs 25 lakh. Now your EPF...
I think it is important to plan for a life that you want, and when you want it. If you want to retire earlier than the age of 60, you have lesser time to compound, and that also means higher annual contribution and higher annual returns is required to bring you to where you want ...
Exempted employee” means an employee who is not liable under this Act to pay the employee's contribution family” means all or any of the following relatives of an insured person, namely:- (i) a spouse; (ii) a minor legitimate or adopted child dependent upon the insured person; ...