EPF Interest Rate

How investments in EPF scheme can help you save on tax

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How investments in EPF scheme can help you save on tax

The Employees Provident Fund (EPF) investment is a retirement savings scheme. However, its contributions offer several tax benefits, making it an effective tool for saving on taxes. Contributing a portion of your salary to the EPF account every month allows you to enjoy multiple tax benefits and ensure a financially secure future. Investing in EPF … Read more

EPF rate cut will force India’s salaried class to rework their retirement math

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EPF rate cut will force India’s salaried class to rework their retirement math

The reduction in interest rate on employee provident fund deposits underlines the need for the salaried class to start retirement planning early in the career and consider a diversified portfolio to invest their savings, say experts. “The magic of compounding works wonders in terms of quantum of savings and helps limit (to some extent) the … Read more