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Provident Financial goes ex dividend tomorrowSeekingAlpha - Published | |
India witnesses significant growth in jobs and decline in unemployment rate, government stats showIn a recent report by the International Labour Organization (ILO), it is revealed that a staggering 83% of India's unemployed workforce comprises "youth". Data sourced from multiple authoritative..IndiaTimes - Published | |
EPFO added 7.8 lakh new members in February, 56% of them aged 18-25 yearsIn February, the Employees Provident Fund Organisation (EPFO), responsible for retirement funds, saw an increase of 1.55 million net members, with nearly 780,000 being new additions, according to..IndiaTimes - Published | |
EPFO eyes major revamp with leveraging tech for automatic claims settlement, restructuring of offices; commissions study to IIT DelhiThe government is considering a revamp of the Employees' Provident Fund Organisation (EPFO) to align with the broader vision of universal social security and to significantly improve service delivery.IndiaTimes - Published | |
Switching jobs? Your EPF account can be automatically transferred - here’s how EPFO facility works, rules and exceptionsEPFO enables automatic EPF account transfers for job changes, streamlining PF balance transfers. Awareness of this service is low. Various entities confirm its functionality since 2017. Exempted PF..IndiaTimes - Published | |
Employees’ Provident Fund: The unintentional tax-saving investment for salaried employees - know tax benefits, returns of EPFThere's one often-overlooked avenue that inadvertently aids in tax-saving - the Employees' Provident Fund (EPF). If you are looking to opt for the old income tax regime, then be aware of the EPF..IndiaTimes - Published | |
PPF account maturity: What are the options available once your Public Provident Fund matures?Public Provident Fund (PPF) offers tax benefits, competitive interest rates, and flexible options upon maturity. You can choose to close the account, extend without fresh deposits, or continue with new..IndiaTimes - Published | |
PPF calculator: Don’t lose lakhs in interest! Why you should deposit money in Public Provident Fund account before April 5PPF interest calculator: Investors in Public Provident Fund (PPF) accounts for the financial year 2024-25 should deposit before April 5 to maximize interest earnings. Delaying deposits can lead to..IndiaTimes - Published | |
Nephew, niece steal Rs 1.56 crore from infirm couple in GandhinagarRajendra Shelat, retired from Shrimati Manekba Vyayam Vidyabhavan College, accused his nephew Bhaumik and niece Ashmi of stealing Rs 1.56 crore, including ex gratia and money from LIC policy, provident..IndiaTimes - Published | |
Attention PPF, Sukanya Samriddhi Scheme Subscribers! Know Why March 31 Deadline Is Significant For YouIf you are a subscriber of Public Provident Fund (PPF) and Sukanya Samriddhi Yojana, March 31 is an important date for your financial investments, know why.Zee News - Published | |
Now, update KYC details for your EPF account online - detailed guide to new provident fund processEPFO simplifies EPF account KYC with online 'joint declaration' on Member e-Sewa, allowing members to update details and prevent rejection of withdrawal requests due to discrepancies in official..IndiaTimes - Published | |
Take-home salary can't be basis for computing maintenance: Karnataka HCDeductions like provident fund contribution, festival advance, LIC premium, house rent recovery and loan cannot be factored in while assessing maintenance amount to be paid by a husband seeking..IndiaTimes - Published | |
EPFO Guide: How to update bank account details on EPF passbookIf you are employed in a company, be it public or private, chances are that you are subscribed to the Employee Provident Fund (EPF). Now, if you want to add a bank account or update it, you’ll have..BGR India - Published | India: Determining Eligibility And Computation For Pension In Case Of Dual Employment: EPFO Clarifies - Khaitan & Co LLPThrough the circular dated 29 January 2024, the Employees' Provident Fund Organisation (EPFO) issued a clarification regarding eligibility for and computation of pension under the Employees' Pension..Mondaq - Published |
7th Pay Commission big update: EPFO hikes interest rate on PF, DA hike expected soonEPFO on Saturday fixed a three-year high-interest rate of 8.25 percent on employees' provident fund (EPF) deposits for 2023-24.DNA - Published | EPFO hikes interest rates on employees' provident fund to 3-year high of 8.25% for FY24EPFO has fixed an 8.25 percent interest rate on employees' provident fund for 2023-24.DNA - Published Also reported by •IndiaTimes |
EPFO fixes Employees' Provident Fund interest rate for 2023-24 at three-year high; details hereThe Employees' Provident Fund Organisation (EPFO) has declared a three-year high interest rate of 8.25% on employees' provident fund (EPF) deposits for the fiscal year 2023-24. This decision was made..IndiaTimes - Published | Provident Fund interest rate: EPFO likely to propose 8% rate for FY24EPFO interest rate FY24: The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) is expected to propose an interest rate of around 8% for the financial year 2024. The..IndiaTimes - Published |
How to Save on Taxes with Bajaj Markets' Investment OptionsBajaj Markets, a subsidiary of Bajaj Finserv, offers access to a range of tax-efficient investment options on its user-friendly platform. Individuals can minimise their tax liabilities by choosing from..NewsVoir - Published | EPFO Launches Online UAN Retrieval Solution, Easing The Process For EmployeesSimilar to Aadhaar, the UAN is crucial for various Provident Fund (PF) related tasks, underscoring the importance for employees to stay informed about their UAN numbers.Zee News - Published |
Budget 2024: Modi government to make NPS more attractive? Tax concessions at par with EPFO being consideredBudget 2024: The government is considering offering tax concessions on contributions and withdrawals for the National Pension System (NPS), particularly for senior citizens above 75 years. The Pension..IndiaTimes - Published | Top benefits of Public Provident Fund you shouldn’t missThe Public Provident Fund (PPF) is a popular choice for tax-saving due to its tax-free interest and compounding effect.IndiaTimes - Published |
Budget 2024: Social security to millions of domestic workers? Minimum wage, pension under considerationUnion Budget 2024: The Indian government is considering extending social security benefits to domestic workers ahead of the upcoming general elections. This move aligns with the Social Security Code of..IndiaTimes - Published | PFRDA seeks tax breaks for employers' NPS flowsThe pensions regulator has requested increased tax breaks on employer contributions to employees' pensions, aiming to align it with the tax treatment of employer contributions to the provident fund...IndiaTimes - Published |
Key insights for successful financial planning in 2024As we step into the new year, its crucial to set ourselves up for financial well-being. Financial planning isnt just for the experts; its something everyone can and should do. Here are some important..NewsVoir - Published | General Provident Fund Interest Rates Kept Unchanged At 7.1%The interest rates on GPF comes a couple of days after the government announced interest rates on small savings scheme.Zee News - Published |
Small Savings Schemes: Govt Hikes Sukanya Samriddhi Yojana Interest Rate; Check New Rates HereWhile adjustments have been made to several schemes, the interest rate for the Public Provident Fund (PPF) remains steady at 7.1 percent.Zee News - Published | Small Savings Interest rates changed! Full list of post office schemes, SCSS, NSC, PPF, Sukanya Samriddhi rates for Jan-March 2024Small Savings Scheme Interest Rates 2024: The government has declared the interest rates for small savings schemes for the January-March 2024 quarter. Certain schemes will experience an increase in..IndiaTimes - Published |
Pune: FIR against education baron Navale for embezzlement of employees` PFAn FIR has been registered against Pune-based Sinhgad Institutes` founder Maruti Navale for alleged embezzlement of provident fund of employees worth more than Rs 70 lakhMid-Day - Published | New PPF rule: Interest calculation on premature closure of Public Provident Account account changed - check detailsThe Department of Post has introduced new criteria for interest calculation on the premature closure of Public Provident Fund (PPF) accounts.IndiaTimes - Published |
Can SIP Investments Help you Make Money in the Long RunOver the years, SIP investment has become quite popular in India. So much so that in February 2023, its contributions reached Rs. 1,41,696 crore. So, what is it about SIP that has made it so popular..NewsVoir - Published | Elderly man swindled of Rs 4.35 crore in cyber fraud involving fake provident fund offer, check detailsA cyber fraudster dupes a Mumbai man of ?4.35 crore by offering a fake provident fund deal.DNA - Published |
Aged south Mumbai couple lured with Rs 11 crore PF payout loses Rs 4 crore to cyber conA septuagenarian couple in Mumbai lost over Rs 4 crore in a cyber fraud within four months. The wife received a call from someone claiming to be from the Employees' Provident Fund Organisation, who had..IndiaTimes - Published | Mumbai septuagenarian couple loses ₹4 crore in 4 months in cyber fraudA couple from south Mumbai, who were previously employed by corporate houses, lost over Rs 4 crore in a cyber fraud. The wife received a call from someone claiming to be from the Employees' Provident..IndiaTimes - Published |
When is your EPF withdrawal taxable? Know tax implications, key considerations for PF withdrawalsEPF withdrawal tax: Know about deductions, TDS, and exemptions. Know when earnings from the Employees' Provident Fund are taxable.DNA - Published | PF interest news: Centre maintains GPF interest at 7.1% for October-December quarterThe Finance Ministry maintains the GPF interest rate at 7.1% for Q4 FY24, consistent rates for similar provident funds.DNA - Published |
`Enough Money To Raise Wages Of MLAs But Not To Pay...`: Smriti Irani Slams Mamata Banerjee GovernmentThe Union minister claimed that the tea workers were even being denied their Provident Fund money.Zee News - Published | Centre Announces Interest Rate For PPF, Sukanya Samriddhi, Senior Citizen, Other Schemes For October Quarter; Check DetailsThis decision will directly impact millions of citizens across India who have invested in various small savings schemes. Some popular schemes include the Senior Citizen Savings Scheme, Monthly Income..Zee News - Published |
India: Navigating The Maze Of EPF Inoperative Accounts: The Interest Conundrum - S.S. Rana & Co. AdvocatesThe Employees' Provident Fund (EPF) is a cornerstone of the social security scheme established under the Employees' Provident Funds and Miscellaneous Provisions Act, 19521.Mondaq - Published | National Savings Certificate vs Public Provident Fund: Which scheme offers better returns?Comparing National Savings Certificate and Public Provident Fund for better returns and safe investments.DNA - Published |
Didn’t Get Provident Fund Interest For FY 2022-23 Till Now? EPFO Provides Important Information, Here’s How To Check EPF BalanceEmployees’ Provident Fund Organisation (EPFO) announced in July to increase the interest rate on the retirement body fund for fiscal year 2022-23 to 8.15%. Previosuly, EPFO increased the interest..Zee News - Published | Post Office Schemes: From Kisan Vikas Patra to NSE, try these government schemes to double your moneyThere are various small-savings schemes that the Post Office offers, including the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), Kisan Vikas Patra,..DNA - Published |
Centre Approves 8.15% Interest Rate For FY 2022-23 On Employees Provident FundRetirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund (EPF) deposits to 8.15 per cent for 2022-23 for its over six crore subscribers.Zee News - Published Also reported by •DNA | Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23IndiaTimes - Published |