Your PF calculations

A Provident Fund is a retirement savings scheme that is typically offered by employers in India. It is a type of defined-contribution pension plan, where both the employer and the employee make contributions to the fund. The contributions are invested and the accumulated savings are paid out to the employee upon retirement or under certain other circumstances, such as resignation, disability, or death.

In India, the Employees' Provident Fund (EPF) is the most commonly used provident fund scheme. Under this scheme, both the employer and the employee contribute 12% of the employee's basic salary and dearness allowance to the fund. The contribution is made on a monthly basis, and the accumulated balance earns interest at a rate set by the government.

The EPF is managed by the Employees' Provident Fund Organization (EPFO), which is a statutory body established under the Ministry of Labour and Employment. The EPFO also manages the Employees' Pension Scheme (EPS) and the Employees' Deposit-Linked Insurance Scheme (EDLI), which are related schemes that provide pension and insurance benefits to employees.

Employees can withdraw their EPF balance upon retirement or under certain other circumstances, such as resignation, disability, or death. In some cases, partial withdrawals are also allowed for specific purposes, such as buying a house or paying for medical treatment.

[Imfresher]

A Provident Fund is a retirement savings scheme that is typically offered by employers in India. It is a type of defined-contribution pension plan, where both the employer and the employee make contributions to the fund. The contributions are invested and the accumulated savings are paid out to the employee upon retirement or under certain other circumstances, such as resignation, disability, or death.

In India, the Employees' Provident Fund (EPF) is the most commonly used provident fund scheme. Under this scheme, both the employer and the employee contribute 12% of the employee's basic salary and dearness allowance to the fund. The contribution is made on a monthly basis, and the accumulated balance earns interest at a rate set by the government.

The EPF is managed by the Employees' Provident Fund Organization (EPFO), which is a statutory body established under the Ministry of Labour and Employment. The EPFO also manages the Employees' Pension Scheme (EPS) and the Employees' Deposit-Linked Insurance Scheme (EDLI), which are related schemes that provide pension and insurance benefits to employees.

Employees can withdraw their EPF balance upon retirement or under certain other circumstances, such as resignation, disability, or death. In some cases, partial withdrawals are also allowed for specific purposes, such as buying a house or paying for medical treatment.

[toshifvlogs]

mera pf 1800 kt rha tha that means meri basic salary 15, 000 hui but.company gratuity 9000 basic se calculate kr rhi h ? plz reply

[Vedant_M_]

Sir I have questions..
Can we withdraw Total Pf amount
Age 58 ..
After retirement, or govt cut some money from pf balance,
My pf balance is 58 lakh,
Can I withdraw all pf balance, after retirement plz tell me

[Sex]

My security guard job is sellary 20k sd pf cut 1800 how much should i get if i withdraw after 2 or 3 years

[SureshKumar-syhb]

What if employees basis salary more than 15K

[yxvngyv]

Bro PF is 12% of basic and Dearness allowance not only basic

[juned]

sir agar m 30 sal pf m 1800 rs jama karta hu to penshan kitni milege 30 sal baad plz bataiye

[ngindia]

Gande rules jo tax dete hain unke liye ....withdrawal rule change is most ghatiya..our publuc administrators corrupt politicians ki bootlicking mein discuss karte hain ki sir aap taxpayer abhi saans lerha h usse rok deta hun 🙏mujhe b black money ghotale mein se hissa dedo ...sab loot k launga taxpayer padhe likhe naukri pesha ko gadha bana dunga sir policy se