EPF
EPFO Alert! EPF account holders are eligible for life cover up to Rs 6 lakh! This provident fund rule makes it possible
Thu, May 28, 2020
EPFO provides life coverage of up to Rs 6 lakh to an EPF account holder in case of death during service period. The life coverage is given to the EPF account holder under the EDLI 1976 rules.
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EPF calculator 2020: Opting for 10 pct contribution? This is how much you will take home now
Mon, May 25, 2020
EPF calculator 2020: One of the major announcements made by Finance Minister Nirmala Sitharaman as part of her Rs 20 cr economic relief package, was the option to go for a reduced EPF rate.
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What does reduced EPF contribution mean for employees and how can it benefit them?
Tue, May 19, 2020
In a big relief, the government announced reduction of Employees’ Provident Fund (EPF) contribution for both employers and employees to 10 percent of basic wages for next three months – June, July and August. This move, government said, will increase cash in the hands of employees.
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Major change in Provident Fund rule! EPF contribution rate cut from 12 pct to 10 pct
Wed, May 13, 2020
The government has announced several measures for employees on Wednesday evening giving them some relief during the coronavirus crisis. Probably, the most important announcement came in the form of benefits announced for members of Employees' Provident Fund (EPF).
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EPF relief for employees, employers! FM Sitharaman says Centre to continue contribution for three months
Wed, May 13, 2020
Giving a major relief to both employees as well as employers, Finance Minister Nirmala Sitharaman on Wednesday announced that the government will continue to contribute towards Employees' Provident Fund (EPF) on behalf of select businesses for another three months.
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Planning to withdraw PPF, EPF money? Here are tax implications you must know
Wed, May 13, 2020
The coronavirus outbreak has put a lot of people in a tricky spot. Several companies have been forced to put salaries on hold while those who were self-employed have no source of income left with most businesses shut during lockdown.
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EPFO subscriber? You can get free life insurance cover of up to Rs 6 lakh! Are you eligible? Find out
Thu, May 07, 2020
EPFO Alert: The Employees' Provident Fund Organisation (EPFO) gives free life cover to the Provident Fund (PF) account holders. Each and every EPFO subscriber is insured free of cost under EDLI 1976 rules.
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Pradhanmantri Garib Kalyan Yojana: 39-cr poor received Rs 34,800-cr financial assistance under PMGKP
Wed, May 06, 2020
Pradhanmantri Garib Kalyan Yojana: Under PMGKP, the Central Government has so far given financial assistance of Rs 34,800 crore by reaching out to near 39 crore poor till 5th May 2020.
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EPFO Rules: EPF-EPS nomination becomes invalid post-marriage! Provident Fund account holders must fix this fast
Tue, May 05, 2020
Provident Fund (PF) is not just a financial support for EPFO subscribers, but it also comes to the rescue of their families as well, in case the account holder dies during service period.
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PPF vs VPF: Which one will double your money faster? Check what calculator says
Fri, May 01, 2020
PPF vs VPF: Rule 72 calculator suggests that VPF investment at current 8.5 per cent annual interest will double the money in 8.5 years while PPF at current 7.1 per cent annual interest rate will double the money in 10.11 years.
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Withdrawing Rs 1 lakh from PF account? You are actually losing out on Rs 11 lakh; here is how
Fri, Apr 24, 2020
To provide some relief, the government has relaxed the rules for provident fund withdrawal, making it easier for you to take care of immediate financial requirements. The million dollar question, however, is that should you withdraw PF money or not?
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