The EPF (employees provident fund) is a retirement savings scheme, managed by the EPFO (Employees’ Provident Fund Organisation). Under the scheme, both the employee (12% of the basic pay) and the ...
An employee contributes a minimum of Rs 1,800 and a maximum of 12 per cent of their basic salary to their EPF. Their employer in the equal proportion also contributes to the employee account. From the ...
EPF vs NPS vs PPF: The foundation of a financially free retirement can be the preparation from an early stage. Starting to invest early for retirement provides you the years of compounding, helping ...
In today's world, money grows not just by earning it, but by investing it wisely. In fact, SIP, EPF, and NPS – these three ...
Employees often end up with multiple Universal Account Numbers due to data mismatches or onboarding issues. This can lead to ...
Investors aiming to create a sizeable retirement corpus may opt for National Pension Scheme (NPS) or the Employees' Provident Fund (EPF). NPS is a voluntary contribution scheme where one can invest up ...
A UAN is a unique 12-digit number that links all your EPF accounts and is meant to remain constant throughout your working ...
There are around 8 crore active subscribers under the fold of the Employees’ Provident Fund Organisation (EPFO), and they see EPF as more than just a retirement savings tool — it is often their first ...