Employee Provident Fund (EPF) - Everything you need to know | Section 80C скачать в хорошем качестве

Employee Provident Fund (EPF) - Everything you need to know | Section 80C

In this video we explained the details of Employee Provident Fund EPF comprises three different parts: 1. EPF (Employee Provident Fund) 2. EPS (Employee Pension Scheme) 3. EDLI (Employee Deposit Linked Insurance) It is mandatory for all organizations with more than 20 employees and employees drawing Basic + DA less than Rs 15000 How it works? The employee contributes 12% and employer contributes 12% of Basic+DA. Depending on your income, there are multiple scenarios Taxation? It comes under EEE category What is special about EPF? Employer contribution is tax free with a limit of 7.5 L combined across NPS, Superannuation fund and EPF Withdrawal At Maturity/retirement 2 months of unemployment Partial withdrawal - https://www.epfindia.gov.in/site_docs... Complete details about section 80C:    • Employee Provident Fund (EPF) - Everything...      • Employee Provident Fund (EPF) - Everything...   Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more:    • HOW TO CALCULATE INCOME in SIMPLE STEPS wi...