EPF- Employee Provident Fund Explained

Employee Provident Fund– EPF is the main scheme under the Employees’ Provident Funds and Miscellaneous Act, 1952. The employee and employer each contribute 12% of the employee’s basic salary and dearness allowance towards EPF. Currently, the rate of interest on EPF deposits is 8.10% p.a. EPFO (Employee Provident Fund Organization) The Employees’ Provident Fund Organization (EPFO) is … Read more