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EPF is one of the most well-known and popular retirement schemes in India. The Employee Provident Fund Act of 1952 launched the program, backed by the government of India.
Coronavirus (COVID-19) has stealthily spread across the globe and has become one of the deadliest viruses killing thousands of people worldwide. The World Health Organization (WHO) has declared Coronavirus as a pandemic.
The Employees' Provident Fund, shortly known as the EPF, is one of the most popular retirement savings schemes for salaried individuals.
Covid-19 or Coronavirus pandemic has hit the world’s economy hard and may result in a hole in the pockets of many. The Indian economy is seeing a downfall as the ongoing pandemic has impacted the growth of almost every sector.
If you’re a salaried employee, then you know that the take-home pay is far less than the overall salary package. A significant percentage of your salary is deducted every month to invest in the EPF (Employee Provident Fund), ESI, and other schemes.
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