alexa Missed Call Number
Home Education 2. Employee Provident Fund (EPF)

For more knowledge from around the globe get Indianmoney App Now

Google Play
Get the Best Financial Advice on Tax PlanningClick Here
2. Employee Provident Fund (EPF)

2. Employee Provident Fund (EPF)

Tuesday, January 9, 2018, 7:09 PM

Employee Provident Fund helps salaried employees save tax and accumulate a tax-free corpus. Under the EPF scheme, an employee has to contribute 12% of his basic salary each month, towards his EPF account. An equal amount is contributed by the employer. Only 3.67% of employer contribution goes into the EPF account. The remaining 8.33% goes towards the EPS account. EPF enjoys EEE benefit.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!