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 losses What is EPF? The Employee Provident Fund (EPF), is a particular retirement benefits scheme for employ...
Basic salary + dearness allowance 20,000 Employees' EPF contributions 2,400 Employer’s contribution towards the EPF 734 Employer’s contribution towards EPS 1,666 The total EPF contribution 3,134 The interest rate for FY 2021-22 8.10% Interest rate per month 0.675% Interest received 42.30 Ho...
#8.Employee Basic details #9.Employee salary details #10.Bank account details of the company #11.PAN card LEARN MORE ON PF REGISTRATION Watch the comprehensive video to know all about PF Registration process. What are the benefits of EPF Registartion ?
Only EPF deposits made in the period of April 2021 through March 2022 will be eligible for the current interest rate of 8.50%. While interest is calculated on a monthly basis, it is only deposited into the EPF account once a year, on March 31st of the relevant fiscal year. A dormant or...
bemoneyawareon June 22, 2020 at 6:07 AM Sure you should try to claim under COVID 19 option. One can withdraw a lower amount of the following: 1) 3 months of Basic wages and Dearness allowance. Check your Payslip for basic salary and Dearness allowance. ...
You can either withdraw 36 times your monthly basic salary + dearness allowance, or total EPF corpus along with interest or an amount equivalent to total outstanding principal and interest on your housing loan, whichever is lower. The conditions attached are as follows: The property should be re...
Basic Salary More than 15000, EPS Contribution, Rejection of Transfer or EPF Claim mayur ghule My claim got rejected because of “GOVERNMENT CERTIFICATE REQUIRED” what does it means? Reply GANESH PAWAR I have applied for a monthly pension but it is showing ...
Both employers and employees contribute to the EPF based on the employee's basic salary and dearness allowance. Contributions must be made by the due date to avoid penalties and interest on overdue payments. At Vakilsearch, we assist new employers in navigating this often complex process, ...
basic pay of an 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...
Subscribe on Apple Podcasts, Google Podcasts, Stitcher, or Spotify. Please rate and review as well!As a PhD (in training), you face unique money challenges that stem from your low stipend/salary during your years of graduate school and postdoc training. Listen here for the hard-won ...