EPF delineated for your benefit

The Employees’ Provident Fund is the superannuation benefit that employees receive post retirement. A particular mandatory percentage is cut from the employees’ basic salaries and the employer also makes a matching contribution. This fund is managed by the EPFO or the Employees’ Provident Fund Organisation. The accumulation of funds is a savings plan for the […]

Read More

EPS scheme pensioners may be in for higher rewards

The Government is considering the doubling of the minimum monthly payments to Rs. 2, 000 under the EPS (Employees’ Pension Scheme) of the EPFO (Employees’ Provident Fund Organisation) in order to boost the overall social security coverage for pensioners as per reports. This decision prior to the upcoming elections in 2019, will be benefiting a […]

Read More