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How much PF is deducted from salary?
PF is deducted from the salary of the employed by the employer (private, public or government). This amount is deposited every month in the name of th
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Are you optinig for higher pension? Be aware about this
Employees working in the organized sector who are opting for higher pension will have to contribute 1.16% more to the Employees' Pension Scheme (EPS).
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EPFO extends deadline for higher pension application
Over 12 lakh applications have been received till date, seeking enhanced pension. The online facility was to remain available only till May 3, 2023.
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Amazon Prime raises monthly plan price by 67%
The Prime membership in India will now start from Rs 299 for monthly plans. For three-month subscription plan, viewers will have to pay Rs 599.
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Job creation in Feb lower than January
The 18-25 age group constitutes 55.37 per cent of the total new members during the month
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Unkind cut: EPFO proposes 8.1% rate for 2021-22 from 8.5%
This is the lowest interest rate since 1977-78 on deposits. Interest rate on employees provident fund at that time was 8%
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Old pension scheme vs New pension scheme
The central government employees currently get tax deduction of 14% on investments made in the NPS.
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Old pension scheme vs New pension scheme
Central government employees 14% get tax deduction on NPS investments.
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EPFO adds 12.73 lakh more subscribers in October
Year-on-year comparison shows an increase of around 10.22 per cent in net payroll additions in October 2021
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RCap bondholders likely to recover only 50% of investments
Total outstanding bonds are estimated to be around Rs 15,000 crore
