Krishnaraj Bhandary Menal
5 years 7 months ago
PF FUND IS FOR SOCIAL SECURITY HENCE INSTEAD OF WITHDRAWAL MONEY AT THE TIME OF CRISIS OR AT TIME OF JOB LOSD MONTHLY INTREST OF WHOLE CORPUS TO BE CREDITED IN TO HIS ACCOUNT IF REQUESTED. FURTHER IN FUTURE 30 PERCENTAGE OF SALARY TO BE CREDITEDED IN TO EMPLOYEES SOCIAL SECURITY ACCOUNT IN WHICH 15 PERCENTAGE NEED TO GO TO PENSION FUND 5 PERCENTAGE TO MEDICAL AND TERM INSURANCE BALANCE 10 PERCENTAGE TO BE AVAILABLE FOR WITHDRAWAL SIMILAR TO PF. EMPLOYEE SHOULD HAVE CHOICE OF SELECTION OF SCHEME
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