Merging multiple Employees’ Provident Fund (EPF) accounts and withdrawing your money can often feel daunting, given the bureaucratic procedures involved. However, thanks to online advancements, it’s now significantly simpler. Here’s how to consolidate your EPF accounts and claim the funds: Launching the EPFO’s online portal should be your first step. Once there, use your Universal … Read more
The Public Provident Fund (PPF) is one of the most popular investment schemes. The government backs it and offers attractive interest rates along with tax benefits. However, maintaining a PPF account requires compliance with certain norms to avoid penalties. Below are some useful tips on how to avoid penalties on your PPF account. First, to … Read more
The Employee Provident Fund (EPF) is a government-backed scheme that aims to provide social security to salaried individuals after retirement. When changing jobs, you can transfer your EPF from your existing employer to your new one. But, if you want to withdraw your EPF after leaving a job, you must wait for two months to … Read more