EPF
Withdrawing EPF is taxable or non-taxable? Know all details here
Tue, Jul 02, 2019
EPF is made mandatory for private employees where they are meant to invest 12% of their salary under this scheme, with the current rate of interest on the EPF account at 8.65%. But the biggest question one also has weather withdrawing EPF is taxable or non-taxable?
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Good news coming for employees? Modi government mulls increasing minimum pension
Mon, Jun 24, 2019
In what comes as a major good news for employees affiliated to Employees' Provident Fund (EPF), the Modi government is mulling an increase in minimum pension. Labour Minister Santosh Kumar Gangwar told the Lok Sabha on Monday that if the pension is doubled to Rs 2000, it will cost the government Rs 4,671 crore and if hiked to Rs 3000, it should cost Rs 11696 crore.
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Money Guru: Know the facts about EPF and NPS; then choose
Wed, May 15, 2019
If there’s one investment option that has received generous tax breaks in the Budget, it is the National Pension System (NPS). In a watershed move, the Finance Minister has also announced that employees in the organised sector will now be able to opt out of contributions to the Employees Provident Fund (EPF) and invest in the NPS instead. So, if given this choice, what should you do? Here’s how they compare.
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EPF account holder? You can double your Provident Fund contribution for this long-term benefit
Sun, Apr 28, 2019
An employee has to contribute 12per cent of his Basic salary and DA towards the PF and if he/she doubles the contribution to 24%, then the amount in the PF fund account is also doubled, helping you accumulate a large retirement corpus.
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New EPF interest rate: Got Provident Fund account? Here's how your money will grow now
Sat, Apr 27, 2019
EPF interest rate 2018-19: The Union Ministry of Finance has approved 8.65 per cent rate of interest on Employees' Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO, benefitting more than 6 crore formal sector workers.
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Good news for employees! EPF interest rate hike to 8.65 per cent approved by Finance Ministry
Fri, Apr 26, 2019
In what comes as a major good news for salaried employees, the finance ministry has ratified the hike of the Employees Provident Fund (EPF) interest rate to 8.65% as approved by retirement fund manager EPFO.
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Income Tax Return Filing: PPF vs NPS vs SSY vs ULIP - How to choose best tax saving plans
Wed, Mar 20, 2019
Income Tax Return (ITR) Filing: This is not a rocket science that the best time to start planning your income tax saving investments is the beginning of the financial year. But, according to the 'Indian Stretchable Time', most income tax payers often procrastinate till the last quarter of the year.
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EPFO to automatically transfer your PF balance when you change jobs: Here's how UAN helps - What you must know
Sat, Mar 16, 2019
An employee must have a universal account number (UAN). This will enable the employee to get the credits of his EPF contribution during his previous tenure with old employer into his or her UAN automatically.
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