Wed, Apr 10, 2024
Larger PF contributions can help a person to save more money while also lowering income taxes. Furthermore, after each assessment cycle, your salary in hand will grow, which will alleviate this issue as well.
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Mon, Dec 18, 2023
Compound interest makes your money grow faster. The longer the duration of the investment, the more compound interest you get.
Wed, Sep 06, 2023
There is a provision for premature EPF withdrawal for prepayment of a home loan, subject to certain conditions. The EPFO will need a certificate from the loan agency indicating the principal amount and interest as proof.
Thu, Aug 03, 2023
EPFO has announced an interest rate of 8.15 per cent for the financial year 2022-23. This is a marginal increase of 0.05 percent from the previous year.
Thu, Apr 27, 2023
PF withdrawal rules for marriage: EPFO members can withdraw money up to 50 per cent from the EPF account for their own marriage, the marriage of their daughter, son, sister or brother.
Fri, Sep 09, 2022
Anil Rego, Founder and fund manager of Right Horizons Portfolio Management Services, said that India is primarily a domestic demand-driven economy with a young working-age population.
Tue, Apr 12, 2022
"Due to the reduction in interest rates, the National Pension System (NPS) has emerged as an alternative to building a retirement corpus."
Mon, Jan 03, 2022
EPFO withdrawal, Aadhaar status, Passport Seva, Income Tax Filing and much more. Umang App offers a lot of e-services that you can access right from your mobile phone. No need to download multiple apps as Umang gives your multiple options related to government services. Whether you want to claim your PF money or you are looking for a government job vacancy, it has it all. Here is all you need to know about this app.
Fri, Sep 03, 2021
The Finance Ministry has decided to split existing Provident Fund (PF) accounts into two separate accounts. The ministry has notified the Income Tax (I-T) department on 31 August.
Tue, Jun 08, 2021
EPFO said in its recent tweet that after June 1, 2021, the employer will be able to file an ECR of the same employee whose UAN is linked to Aadhaar.
Wed, Jun 02, 2021
People put their contribution in the Employees' Provident Fund (EPF) because it gives secure money and high returns if it is compared with other fixed options such as PPF, Fixed Deposit.
Wed, Mar 24, 2021
In a major development, Modi government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt.
Fri, Mar 19, 2021
PF Calculator: Media is buzzing with New Wage Code getting implemented from the new financial year. This buzz is from the cue given by the Finance Minister Nirmala Sitharaman who made an announcement in this regard in the Budget 2021.
Fri, Mar 05, 2021
The EPFO board has announced an 8.5 percent EPF interest rate for the EPF account holders for FY21.
EPFO Members: The Employees' Provident Fund Organisation (EPFO) has a piece of good news for around 6 crore EPFO subscribers. The Provident Fund (PF) regulator body in India has announced 8.5 per cent EPF interest rate for the EPF account holders for FY21.
Wed, Mar 03, 2021
EPFO or Employees' Provident Fund Organisation may have to change its EPF passbook contribution rule if the Labour Ministry accepts demand made by the Bharatiya Mazdoor Sangh.
Wed, Feb 24, 2021
7th Pay Commission latest news: After the implementation of this New Wage Code Act 2021, the minimum basic salary of central government employees will become at least 50 per cent of the net CTC, which means monthly allowance won't go beyond 50 per cent of net CTC.
Mon, Feb 22, 2021
PF Tax Rules: In the name of rationalization of the Provident Fund (PF) accounts, the central government has announced to levy income tax on PF contribution beyond Rs 2.5 lakh in a particular financial year.
Fri, Feb 19, 2021
7th Pay Commission latest news today: New Wage Code is one of the most buzzing words among the central government employees' minds these days.
Thu, Feb 18, 2021
EPFO Members Alert! The Employees' Provident Fund Organisation (EPFO) has issued new guidelines for changing one's Provident Fund (PF) account details like correction in name, father's or husband's name, date of birth, etc.
7th Pay Commission DA, HRA, TA Allowances: After the implementation of this New Wage Act 2021, the minimum basic salary of an employee will become at least 50 per cent of the net CTC means one's monthly allowance won't go beyond 50 per cent of its net CTC.
PF-EPF Passbook Balance latest update: The Narendra Modi Government is in the mood to implement New Wage Code Bill from 1st April 2021. In this New Wage code, there is provision that the minimum basic salary of an employee will be 50 per cent of the net CTC.
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