If you're an employee contributing to provident fund, your employer might be allocating a portion of it to the employee pension scheme (EPS) each month. Many employees wonder how this scheme works and whether they can access this portion before reaching retirement age.
It's essential to understand the distinction between EPS and Employee Provident Fund (EPF). An employer deducts 12% of your basic salary plus dearness allowance, if any, from your monthly salary to contribute to EPF account. It may also include retaining allowance and the cash value of food concessions, if applicable.
この記事は Mint Mumbai の December 03, 2024 版に掲載されています。
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この記事は Mint Mumbai の December 03, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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