The Employees Provident Fund (EPF) primarily serves as a retirement savings scheme but allows limited access before ...

Employee Pension Scheme provides fixed income after retirement at the age of 58 years or after early retirement at 50 years.

EPFO announces potential Rs 9000 minimum pension for private workers. Find out how this change could impact your retirement benefits!

EPF withdrawals within five years of opening the account are subject to tax. However, if the withdrawal amount is less than ...

An Employee Pension Scheme (EPS) is administered by the Employees' Provident Fund Organisation (EPFO) in India. In this ...

In cases where EPF withdrawal is taxable, the Employees’ Provident Fund Organisation (EPFO) may deduct Tax Deducted at Source ...

The EPFO calculates the pension amount on a pro-rata basis, splitting the service period into pre and post 1 September 2014 periods. The methadology can reduce a person's pension by up to 30%.

Employers contribute 12% of an employee’s basic salary to the provident fund system. Of this, 8.33% is allocated to EPS, while 3.67% goes to the Employee Provident Fund (EPF). Regardless of ...

In September 2014, the Centre had last fixed the minimum pension amount at Rs 1,000 under the Employees’ Pension Scheme (EPS) governed by the EPFO. Under EPF, employees deposit 12% of their ...

Also, the pension rules can change in future Higher pension calculation: EPFO announces formula for calculating higher pension on actual salary Higher EPS pension: The long-awaited method of ...

Employees with at least ten years of service are entitled to benefits under the Employees’ Pension Scheme (EPS). Members who ...