Tag Archives: epf

This new EPF rule will change the CTC and increase your in-hand salary for this month and the next two months

The change in the EPF rules will change the in-hand salary you get, this month but the overall CTC will not be affected. According to this new change, the contribution rate of both employer and employee will be modified from … Continue reading

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Rs. 8000 crore was withdrawn from EPF retirement savings

Over the last few days, around Rs.8000 crore was withdrawn by at least 2.3 million members of EPFO from their retirement savings. This is mostly to compensate for the loss of monthly income during the lockdown. According to the statistics, … Continue reading

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Thousands of employees of TCS, HCL withdraw the EPF Amount due to corona

Over 9000 employees of Tata Consultancy Services(TCS) has withdrawn more than Rs. 43 crores from the EPF. This is due to the coronavirus pandemic. According to some company wise data, TCS ranks second in the number of withdraws done by … Continue reading

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