The Employee Provident Fund (EPF) is a retirement benefit scheme that allows salaried individuals to contribute some percentage of their basic salary and dearness allowance towards their retirement.
Let's put some conditions in place to get a clear picture of the calculations. We are assuming one will start contributing at the age of 25. Since one's salary is most likely to increase with time, we ...
EPF Retirement Planning: Employees' Provident Fund (EPF) provides tax-free corpus. If an employee invests consistently in EPF and increases the amount as their basic salary increases, they can create ...
The Employees’ Provident Fund Organisation (EPFO) has introduced a major update under its EPFO 3.0 framework, allowing members to withdraw up to 75% of their total EPF balance instantly, without the ...