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The Employee Provident Fund (EPF) is a scheme that helps people save up a sufficient corpus for retirement. The plan was introduced with the Employees\u2019 Provident Funds Act in 1952 and is today managed by the Employees\u2019 Provident Fund Organisation (EPFO).\n
PROVIDENT FUND. Q1) What is the Contribution for Provident Fund both by the Employer & Employee ? Ans : The Employee contributes 12% of his /her Basic Salary & the same amount is contributed by the Employer. Q2) Is it Compulsory for the all the employees to contribute to the Provident Fund ?
Public Provident Fund. Features. Background. Benefits. Process. Background. Post office and PSU Banks put together hold a larger value of PPF deposits ICICI Bank is the only private sector bank offering PPF accounts
PUBLIC PROVIDENT FUND. FEATURES. Who can open? Account can be opened as single only by an adult or guardian on behalf of a minor Account can be opened with Rs.5/- at all Post Offices except Branch offices and single and double handed departmental offices and nationalized banks
HOW TO GET AN EMPLOYEE “PROVIDENT FUND PASSBOOK”. Prepared By Rajesh Ayya Hyderabad. -Go to epfindia.com website - Go to epfindia.com website You will find the screen as you find in this image.
When you retire from your job, your salary stops, but your expenses don't. In fact, the cost of living and expenses rises after retirement. So, if you want to ensure that your daily expenses are taken care of and that your lifestyle is maintained as before, a good retirement corpus is absolutely necessary.
Employees Provident Fund Organisation Employees Provident Fund Organisation
Preservation Pension Fund Preservation Provident Fund. March 2012. General. What is a Preservation Fund? A product wrapper which provides a member with an accumulative lump sum at retirement.