## Contribution is rounded to the nearest rupee for each employee, for the employee share, pension contribution ... Provident Fund contribution @ 10% w.e.f. 1.5.

Yes, EPF currently offers 8.25% for FY 2023-24. It is one of the highest interest rates among fixed income instruments. How EPF is calculated from salary?

4 окт. 2024 г. · Key Points about EPF Contribution: 12% Employer's contribution includes 3.67% EPF and 8.33% EPS (also known as EPF pension)

The “Provident Fund Act” allows employees to contribute to the fund between 2% to 15% of their monthly salary.

29 июл. 2024 г. · The EPF interest rate for 2024 is fixed at 8.25%. This rate is valid for all EPF contribution made from 1st April 2023 to 31st March 2024.

The interest rate on EPF is reviewed on a yearly basis. The EPF interest rate for the fiscal year 2023-24 is 8.15%.

15 нояб. 2024 г. · To calculate your employer's EPF contribution, multiply 12% of your basic salary, matching your contribution, toward the EPF account. OPEN FD.

The contributions payable by the employer and the employee under the scheme are 12% of PF wages. From the employer's share of contribution, 8.33% is contributed ...

3.67% of contribution towards Employees' Provident Fund · 0.5% of contribution towards EPF Administration Charges · 0.5% of contribution towards EDLI ...

16 окт. 2024 г. · To calculate PF on salary, use 12% of the basic salary for employee contribution, matched by employer contributions.