Maintaining a balance in an Employment Provident Fund (EPF) account is a strategic financial move for employees, providing numerous benefits that extend beyond simple savings. The Employees Provident Fund (EPF)…
Surabhi Returns on provident fund contributions are likely to remain close to the 8.25% interest rate announced for last fiscal with a downward revision of a few basis points likely.…
Query: I strongly believe in the benefits of SIP and SWP. Currently, I am investing Rs 10,000 per month and expecting a return of 12% per annum. My plan is…
Tax savings tools: Finance Minister Nirmala Sitharaman announced several changes that brought cheer to the middle class. From raising the limit of rebate from Rs 7 lakh to Rs 12…
EPFO Top things you must know about the upcoming launch Source link
Union Labour Minister Mansukh Mandaviya announced that the Employees Provident Fund Organisation (EPFO) is set to introduce its advanced software system, EPFO 3.0, by June this year. Speaking to reporters…
EPS pensioners: Beginning January 1, 2025, retired individuals covered under the Employees' Pension Scheme (EPS), 1995, will be able to conveniently access their pension funds from any bank branch located in…
EPFO Update: Starting in early 2023, EPFO subscribers will have the convenience of withdrawing their PF savings directly from ATMs. Labour Ministry Secretary Sumita Dawra said the Labour Ministry is…
In a surprise decision, the Karnataka High Court recently struck down provisions relating to International Workers, introduced in October 2008, as unconstitutional and arbitrary. The International Worker (IW) provisions were introduced…
The Universal Account Number (‘UAN’) is a unique 12-digit number that is given to each member of the Employees’ Provident Fund Organization (EPFO). Through the UAN, PF members can easily…