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Understanding Employee Pension Scheme or EPS

As discussed in our article Basics of Employee Provident Fund: EPF, EPS, EDLIS 12% contribution from your side goes to EPF, but the 12% contribution which your employer makes, out of that 8.33% actually goes in EPS (subject to maximum of Rs 541 and after Oct 2014 Rs...

EPS Pension Increase Supreme Court

Will now the pension that one can withdraw from EPS after retirement be more than 7,500 Rs.? Will now the EPS contribution be more than Rs 1,250 per month or Rs 15,000 Rs per year?  The Supreme Court on 1 Apr 2019, dismissed Special Leave Petition filed by the...

All About EPF,EPS,EDLIS, Employee Provident Fund

Employee Provident Fund is a retirement benefit applicable only to salaried employees of private organizations. Government Employees do not contribute to EPF but to NPS from 2004.  It is a fund to which both the employee and employer contribute 12% of the basic salary...
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