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Provident Financial goes ex dividend tomorrow


SeekingAlpha - Published

India witnesses significant growth in jobs and decline in unemployment rate, government stats show

In 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 years

In 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 Delhi

The 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 exceptions

EPFO 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 EPF

There'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 5

PPF 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 Gandhinagar

Rajendra 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 You

If 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 process

EPFO 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 HC

Deductions 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 passbook

If 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 LLP

Through 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 soon

EPFO 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 FY24

EPFO 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 here

The 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 FY24

EPFO 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 Options

Bajaj 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 Employees

Similar 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 considered

Budget 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 miss

The 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 consideration

Union 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 flows

The 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 2024

As 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 Here

While 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 2024

Small 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` PF

An 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 lakh
Mid-Day - Published

New PPF rule: Interest calculation on premature closure of Public Provident Account account changed - check details

The 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 Run

Over 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 details

A 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 con

A 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 fraud

A 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 withdrawals

EPF 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 quarter

The 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 Government

The 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 Details

This 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. Advocates

The 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 Balance

Employees’ 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 money

There 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 Fund

Retirement 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 2022-23


IndiaTimes - Published


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