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

A formula determines how much pension you'll get from EPFO after retirement. It also considers the duration of your service.

If you are employed and contribute to EPFO every month, then you must be aware of its Employee Pension Scheme. If you have ...

More importantly, pension was to be determined on the ... However, he did not know how the EPFO would calculate the pensionable salary. "I was told the pensionable salary would be the average ...

National pension system (NPS) and employee provident fund (EPF) are two key retirement ... of Income Tax Act when you calculate your tax liability. Gross salary is the total amount of money ...

Retirement is one of life's biggest financial milestones, yet many people struggle to answer a simple question: How much do I need to retire comfortably? If you don’t have the correct answer to this ...

Planning for a secure and comfortable retirement is a crucial aspect of financial well-being. With India's evolving ...

The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, ...

Calculation of interest on EPF deposits with example Here is an example of how to ... However, out of the employer’s 12% contribution, 8.67% goes to the Employees Pension Scheme (EPS) account with a ...

Of the total 12%, 8.33% is directed towards the Employee Pension Scheme, while 3.67% to EPF ... retirement contributions by investing in other options available. 3. The EPF calculator is easy to use ...

For many South Africans, saving for retirement feels like a luxury – something to worry about later. Between home loans, ...