Employees Provident Fund (EPF) is a savings scheme under the umbrella of Employee Provident Fund Organisation (EPFO). The governing act for EPF scheme in India is the Employees’ Provident Fund and ...
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The Central Government recently approved a 2% hike in Dearness Allowance (DA) for its employees, effective from January 1, 2025. This increment takes DA from 53% to 55% of the basic salary, benefiting ...
As per the EPFO rules, entire PF withdrawal is tax exempted and hence this rise in EPF balance due to the implementation of the new wage act is going to provide huge relief to EPF account holders. How ...