EPF Interest Rate FY 2018-19 – 8.65%
EPF interest rate is declared every year by EPFO Central Board of Trustees in consultation with Ministry of Finance. The interest rate is 8.65% for FY 2018-19 up 0.1% from FY 2017-18.
EPF interest rate is declared every year by EPFO Central Board of Trustees in consultation with Ministry of Finance. The interest rate is 8.65% for FY 2018-19 up 0.1% from FY 2017-18.
EPF (Employee Provident Fund) is one of the best retirement plans offered to salaried employees. The deduction happens automatically, the employer makes an equivalent contribution and above all the interest earned is tax free. If the EPF amount is never dipped into and is transferred every time job change happens it would result in substantial
EPFO the body managing the EPF has come out with the notification that all EPF subscribers need to link their Aadhaar to their EPF UAN by September 30, 2017 else they might have to re-register. However all international workers in India are exempted from the same as they are not eligible for Aadhaar. Below is
Budget 2016 had proposed provision to allow transfer of EPF to NPS. Nearly after a year PFRDA (Pension Fund Regulatory and Development Authority) has come out with guidelines on “How to transfer EPF/Superannuation Fund to NPS”. Steps to Transfer EPF to NPS: You can move EPF to NPS in following 5 steps: Step 1: Get
Budget 2016 had a nasty surprise for all the salaried class. In his Budget speech Finance Minister said that in order to give level playing field to pension products, the 60% corpus at maturity (for both NPS & EPF) would be taxed according to individual tax slab. This rule was good news for NPS subscribers