EPFO: By doing this, employees can avail the benefit of bonus of Rs 50 thousand, know this
Web Desk. Numerous workers within the nation get their PF deducted. The cash deposited in PM account is used for the retirement of workers. Now a giant information has come concerning PM account. The information is that now PF account holders will likely be given a bonus of Rs 50 thousand in the event that they comply with sure circumstances.
Staff will not be conscious of many guidelines of EPFO. For that reason he’s not in a position to make the most of them. One in all these guidelines is loyalty cum life advantages. On this, the worker will get a direct advantage of as much as fifty thousand rupees. Allow us to let you know that after contributing to the identical account for 20 consecutive years, the worker will get the good thing about loyalty-cum-life advantages.
Below this, workers who’ve contributed often to the PM account for 20 years will get a further advantage of Rs 50,000. For that reason, workers ought to proceed contributing to the EPF account even after altering firms.
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