Basic Monthly Salary ₹ Current Age Retirement Age Your contribution to EPF % Employer's contribution to EPF % Current Rate of Interest % Total Maturity Amount ₹ 52,11,482 Avoid tax lossesTalk to a CA Now! What is EPF? The Employee Provident Fund (EPF), is a particular retirement ben...
Step 5: Enter 12% in the box for employee’s EPF contribution and employer’s EPF contribution Step 6: Enter the current EPF interest rate and hit 'Calculate'. ET Money's EPF calculator will calculate the total contribution, total interest income, and maturity amount. You can also add the...
Employer can include PF contribution in cost to companyStaff Writer
PF is directly related to the employee's pension. Apart from the employee's contribution of 12% towards EPF, an equal amount is contributed by the employer. Out of this, 8.33% goes towards the Employee Pension Scheme (EPS). Q. What if PF registration is not done?
employee is deducted from the salary on a monthly basis as a contribution for an EPF account. The contribution of the employer is 12% which is divided into two parts as 8.33% for Employee Pension Scheme (EPS) and 3.67% for Employees’ Provident Fund (EPF). The rate of interest is ...
Employer Contribution: The employer contributes 12% of the employee's basic salary plus the Dearness Allowance (DA). This contribution is divided as follows: 1. 8.33% goes to the Employees' Pension Scheme (EPS). 2. The remaining 3.67% goes to the EPF account. ...
Monthly depository & withdrawal contribution of the employee and the employer Monthly contribution towards the pension account of the employee Any previous account that has been transferred to the existing UAN The date and time of the printing of the passbook is also mentioned at the end of the ...
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 ...
The Employee needs to follow up for no fault of his. Yes, it sucks but you need to fight out to get your money.For your next job make sure that your entire Employer contribution is going towards EPF The solution suggested by EPFO is “You are advised to approach the employer for rectif...
5.A. The Administrators, may, at the request of any employee required or permitted under Regulation 5 to subscribe to the Fund, receive to the credit of such employee any amount maintained by his former employer and transferred by the said employer directly to the Fund. 5.B. In case any...