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ElaKiri Talk!
EPF balance calculation
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<blockquote data-quote="dilshan87" data-source="post: 28043610" data-attributes="member: 91015"><p>Just get the Opening Balance of the year. Get your monthly salary and multiply it by 20% x 12. Apply the interest in monthly compounding basis. You'll get the EPF. Same thing can be applied to ETF as well using 3% Employer contribution.</p></blockquote><p></p>
[QUOTE="dilshan87, post: 28043610, member: 91015"] Just get the Opening Balance of the year. Get your monthly salary and multiply it by 20% x 12. Apply the interest in monthly compounding basis. You'll get the EPF. Same thing can be applied to ETF as well using 3% Employer contribution. [/QUOTE]
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