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Here are some awesome apps for investment:-
1.Groww
All in one app- investment in Mutual funds,stocks,IPO,FD,Gold.
Link:- https://app.groww.in/v3cO/61bcf14
2. Cred
For managing all credit cards at one place. Think as someone is paying you for your credit card bills.
Link:- https://app.cred.club/spQx/ce090339
3.INDMoney
Invest in foreign stocks and efts. As you need to diversify your portfolio.
Link:-https://indmoney.onelink.me/RmHC/9cb8da54
4.WazirX
Its my favourite for crypto investments.
Link:-https://wazirx.com/invite/j9kk5ted
5.12%club
For parking your emergency funds and getting 12% p.a is exceptionally good.
Link:-https://twelveclub.onelink.me/2Cmd/25922c
Never put all eggs in one basket.
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Rising Star
Same, 1800...
Rising Star
Yes bro
600-700 is employers contri
I am confused because some people say that the same amount is deposited by the company and some people are talking about different amounts. Can you please explain this to me in detail?
Same amount
Pro
PF is 12% of basic. Company requires to deposit that amount. Employee is free to increase his contribution voluntarily but company wont match that. They will comply with the regulations
Chief
12% is not true for all companies these days. Many small/mid sized firms have minimum amount of ₹1800 as PF deduction.
Employer's share is divided into 2 parts - one pf and other eps. There are some scenarios in which eps is mandatory and in some scenarios it is optional. So if EPS is there then upto 1200 will go to eps and rest to pf.
Isn't eps for employees with less than 15k income?
Chief
The minimum amount of contribution to be made by the employer is set at a rate of 12% of Rs. 15,000 (although they can voluntarily contribute more). This amount equals Rs. 1,800 per month. It means that both the employer as well as the employee has to contribute Rs. 1,800 each per month towards this scheme