EPF or Employees’ Provident Fund is a government-backed retirement benefit scheme for salaried employees. The employee and the employer contribute 12% of the employee’s basic salary and dearness ...
EPF interest calculation: Under the Employee's Provident Fund (EPF) scheme, the employee contributes 12% of his/her Basic salary and Dearness Allowance (DA) every month. The interest rate on EPF is ...
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