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The Economic Times
The Economic Times
Suchitra Mandal

Higher take-home salary or bigger retirement corpus? How the proposed EPF change could affect your future

For many salaried employees, seeing a larger salary credited to their bank account every month sounds like an obvious win.

But under the government's proposal to make Employees' Provident Fund (EPF) contributions above the statutory ₹1,800 per month voluntary, choosing a higher take-home salary could also mean giving up lakhs or even crores of retirement savings over the course of a career.

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