The FinTech Hub
Source: Live Mint An employee’s 12% basic salary goes into EPF as the employee contribution. The employer matches the employer contribution. But what many miss out on is that only 3.67% of the employer contribution is allocated to EPF while the rest 8.33% goes into EPS. Being ignorant of EPS means Mr. A would lose…
Source: Live Mint NEW DELHI : When we switch jobs, we are told to transfer our employee provident fund (EPF) to the new employer. This requires filling out Form 13. Some people ignore this, and in some cases, it doesn’t happen even after they apply for it. We have compiled five reasons why you must…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 12:23 PM IST If you’re looking to withdraw your provident fund for personal needs, there’s good news. The Employees’ Provident Fund Organisation (EPFO) has raised the withdrawal limit from Rs 50,000 to Rs 1 lakh. “If you are an EPFO…
