Do you have any idea about Employees Pension Scheme?
- 1 Answers
- 1173 Views
- RBI, I also Faced
- E-Mail Answers
Answer Posted / Lalita Kumari
Employee's Provident Fund (EPF) is a retirement benefit scheme in India that is managed by the Employees' Provident Fund Organization (EPFO). It provides social security to employees in organized sector establishments. Both employer and employee contribute towards EPF, with the employer contributing 12% of the basic wage and dearness allowance while the employee contributes 10.5%. The accumulated funds can be withdrawn at the age of 58 or after retirement.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What would you personally invest in?
If Debentures Are Issued at Par and Redeemable at Par What Journal Entry Should Be Passed?
If you will be an animal in the next birth, what animal you would like to be and why?
How many bank exams(or)interviews have you attended so far?
What are the latest gold schemes launched by government and their various benefits?
Why do you want to join Axis bank ?
What is FTSE at today?
What is the Net present value of eurekaforbes
Tell us the current Repo Rate and Reverse Repo Rate?
What are your views on social networking sites?
How well can you handle the pressure?
Why are you interested in investment banking?
What is current GDP of India?
How YOU prepared for interview?
What motivates you to do your best while working?
