The Employees’ Provident Fund Organisation (EPFO) has recently increased the existing eligibility limit of auto claim settlements under Paragraph 68J to Rs 1 lakh from Rs 50,000 before this. The…
I am 41 years old and want to retire by age 55. My current savings are Rs 30 lakh in EPF, Rs 30 lakh in equity, and Rs 8.25 lakh…
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…
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…
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…
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…
The EPF rate for 2021-22 was declared at 8.1%, the lowest level since 1977-78, in March 2022 and was approved by the Finance Ministry in June. File | Photo Credit: The Hindu…
A high-level committee has backed a proposed increase in wage ceiling under the Employees' Provident Fund Organisation (EPFO) to ₹21,000 a month from the current ₹15,000. The committee has, however,…
Maharashtra has topped the list of states with maximum number of beneficiaries under the Atmanirbhar Bharat Rozgar Yojana followed by Gujarat, Tamil Nadu, Karnataka and Uttar Pradesh, Rameswar Teli, minister…
(This story originally appeared in on Feb 05, 2021)New Delhi: Amid criticism over the proposed tax changes for those contributing over Rs 2.5 lakh annually towards provident fund (PF), the…