How much interest will you get on your PF deposit and how is the interest rate added? Calculate like this

EPFO New Rule: How much interest will you get on your PF deposit and how is the interest rate added? Calculate like this

Employee Provident Fund (EPF) is a way to save for retirement. Contribution to EPF has to be made if there are 20 or more employees in a company. In this, 12 percent of the basic salary is deposited by the employee and the employer deposits 8.33 percent

 

the Employees' Pension Scheme and 3.67 percent in the EPF. Interest is paid on the basis of the monthly operating balance which is added to the fund at the end of the financial year
 

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