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EPF Changes: Portability and Benefits by Micah Smith is a document available to read on EtoBox.
What is EPF Changes: Portability and Benefits about?
The document summarizes recent changes made to popular retirement investment schemes in India like the Employee Provident Fund (EPF), Employee Pension Scheme (EPS), and Public Provident Fund (PPF). Key changes include: 1) Implementing a Universal Account Number (UAN) to allow portability of PF accounts between jobs; 2) Linking PF accounts to bank accounts and Aadhaar IDs; 3) Raising the monthly salary limit for compulsory PF contributions to Rs. 15,000; 4) Increasing the minimum monthly pension to Rs. 1,000
- Author
- Micah Smith
- Language
- EN