The Employees’ Provident Fund (EPF) functions as a reliable savings tool for salaried employees. It indicates the total amount of money saved by both the employee and the employer in the Employees’ ...
EPF to integrate UPI for faster claim processing It is in discussion with NPCI to introduce the feature soon About 7.4 million subscribers will benefit from the said move Employees’ Provident Fund ...
NPS vs EPF: In the case of EPF, employee contributions generally qualify for a deduction under Section 80C of the Income Tax Act, capped at Rs 1.5 lakh annually, under the Old Income Tax regime.
In FY24, the EPF had settled 44.5 million claims worth Rs 1.82 lakh crore. (Image/PTI) The government is working on enabling the processing of Employees’ Provident Fund (EPF) claims by ...
National pension system (NPS) and employee provident fund (EPF) are two key retirement schemes in India. While anyone can open an NPS account, one has to be in a full-time job to contribute to EPF.
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Growing Adoption in Smart Cities - Deployment of interactive kiosks in urban spaces for wayfinding, ticketing, and public service applications. Cost Efficiency and ROI Benefits - Businesses ...
The Interactive Kiosk Market is being driven by this move toward automation, hence it is an essential part of contemporary corporate plans. AI and IoT Integration Driving Smart Kiosk Adoption: ...
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A RECENT report citing an unnamed official reveals that the Employees Provident Fund (EPF) attracted a whopping RM13bil in voluntary contributions last year from over 1.2 million members.
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