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How to Calculate Employee Provident Fund(#EPF) Interest In Excel - #PF calculation in excel
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#EPF
#Employee provident fund
#PF interest calculation
#PF interest calculator
Employees’ Provident Fund or EPF
The Employees’ Provident Fund or EPF is a popular savings scheme that has been introduced by the EPFO under the supervision of the Government of India.
The employee and employer each contribute 12% of the employee's basic salary and dearness allowance towards EPF. The current rate of interest on EPF deposits is 8.10% p.a.
The accrued interest on the EPF is tax-free and can be withdrawn without paying for the same. Employees avail of a lump-sum amount on their retirement, which is inclusive of the accrued interest.
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#EPF
#Employee provident fund
#PF interest calculation
#PF interest calculator
Employees’ Provident Fund or EPF
The Employees’ Provident Fund or EPF is a popular savings scheme that has been introduced by the EPFO under the supervision of the Government of India.
The employee and employer each contribute 12% of the employee's basic salary and dearness allowance towards EPF. The current rate of interest on EPF deposits is 8.10% p.a.
The accrued interest on the EPF is tax-free and can be withdrawn without paying for the same. Employees avail of a lump-sum amount on their retirement, which is inclusive of the accrued interest.
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Customer or Vendor Ageing report in excel - Accounts Receivable or Accounts Payable ageing report
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