EPF- All About EPF, Its Rules, Tax benfits, Contribution & Lockin
EPF- All About EPF, Its Rules, Tax benfits, Contribution & Lockin
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EPF declares 5.5%, 5.4% dividends
EPF declares 5.5%, 5.4% dividends
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41K views · 340 reactions | EPF interest rate lowered by 15 bps to...
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41K views · 340 reactions | EPF interest rate lowered by 15 bps to...
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The concept of the Employees Provident Fund (EPF) has been in place for salaried individuals. One can reap the benefits of this investment option after retirement, though partial withdrawals can be made at different points in time. Benefits of EPF 1) High Interest Rate (8.10%) 2) Tax-Free Savings- EEE 3) Life Insurance (EDLI) 4) Low Risk The break-up of EPF 1) 12% of Employees Share in EPF 2) 3.67% of Employer’s Share in EPF 3) 8.33% of Employer’s Share in EPS 4) 0.5% of employer’s share in EDLI
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