The Central Board of Trustees of the Employees’ Provident Fund Organisation is set to meet on February 28 with the interest rate on provident fund deposits for 2024-25 likely to be the top agenda item.The formal agenda for the meeting is yet to be circulated; sources indicated that finalising the interest rate for the current … Read more
EPFO Update: The Centre was recently requested to provide details regarding the investment of provident fund money by the Employees’ Provident Fund Organisation in the last five years. Lok Sabha member T. Sumathy Alias Thamizhachi Thangapandian inquired about EPFO’s investments in debt instruments and Exchange Traded Funds (ETFs) and requested specific information. In response, Minister … Read more
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