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Retirement

EPF

pronounced: [Eee-Pee-Eff]

Employees Provident Fund is a mandatory savings scheme for salaried employees where both employer and employee contribute 12% of basic salary.

The accumulated corpus earns interest and is tax-exempt on withdrawal after retirement.

Key Facts

FactValue
Interest Rate12% p.a.
Tax BenefitEEE (Exempt-Exempt-Exempt)

Frequently Asked Questions

Related Terms

PPFNPS
Retirement

Last updated: 21 May 2026