What Is EPF (Employee Provident Fund)? Employee Provident Fund or EPF is a government initiative in India through which private employees can get a pension. These are solely meant for private employees of organizations with more than 20 employees. If you don’t yet have an EPF account, you ...
Utilize the UAN Portal:The Universal Account Number (UAN) is a unique identifier that links all your EPF accounts under one roof. If your UAN is activated and linked to your PF account, you can log in to the EPFO member portal (https://unifiedportal-mem.epfindia.gov.in/) and access y...
What are the contribution rates for EPF? Contribution Rate EPF Contribution PaymentOverview The Employees' Provident Fund (known by its acronym EPF, or KWSP in Malay) is a Malaysian government agency that manages a compulsory savings plan and retirement planning for private and non-pensionable public...
What is One employee-one EPF account?Deepti Bhaskaran
If yes, the Universal Account Number (UAN) is here to solve that problem for you! UAN is a unique 12-digit number. This UAN Number is assigned by the Employees Provident Fund Organization (EPFO). This number acts as a central hub to manage all your EPF accounts seamlessly. Let’s ...
Ensuring financial stabilityWhile starting a new business, it is usually recommended to have adequate provision of funds. Financial stability can prove beneficial as a continuous cash supply will aid in increasing personal runaway and more security by reducing the worry of making quick money....
Payroll management is a complex and time-consuming task, and there are a number of challenges that payroll administrators can face. Some of the most common challenges in payroll management include: Compliance with employment law and tax legislation:Payroll administrators must be familiar with and comp...
Savings contributionrefers to the monetary value added to the employee’s CTC example EPF,Gratuity Let’s see an example explaining the salary. An arbitrary salary breaks up is given below. Note: salary structure varies from one company to another ...
Hello, I am trying to figure out what caused The BSOD on my HP laptop. I usually get the BSOD about three times a month. Hopfully its something I can fix. Any help in explaining the below would be greatly appreciated. Thank you…
Under the proposed EIS, both employers and employees will be statutorily required to contribute towards the employee’s insurance account (this will be similar to how it is done for SOCSO and EPF payments). In other words, for employees this means another deduction from their monthly salary, ...