FAQs

Small Saving Schemes

10 Jan 2019

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Apart from the 12% contribution by the employee, the employer also contributes an equal amount which goes towards both the EPF and the Employee pension scheme. There is also a very small component that goes towards EDLI or Employee deposit linked Insurance. In addition to the abovementioned points, the interest that the contributions earn is completely tax-free. The maturity amount that you receive on retirement is not taxed either. 

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