Professionals who earn a salary can participate in the Provident Fund (PF), a retirement benefits program aimed at giving them adequate money in retirement. What is taken out of an employee’s monthly pay cheque and placed into their PF account is a joint contribution from employers and workers.When the employee retires, it increases into a... Read More

Introduction To enhance the employees’ attraction, more specifically attracting the youths, the Union Finance Ministry is planning to raise the limit of PF which currently is Rs 15,000 and has been constant since 2010. CNBC Awaaz News has intimated that the government may likely further augment the limit to Rs 25000. The proposal below is... Read More