Retiring soon? How to split your PF and gratuity corpus between safe investments and mutual fundsRetiring soon and aiming for a Rs 1 lakh monthly income from your PF and gratuity corpus? Experts advise against investing the entire corpu...
From Rs 17 lakh education loan to Rs 50 lakh net worth in 4 years: Can you replicate this Reddit success story?A 29-year married Reddit user has shared his story of how, just four years into his job, he not only paid off his education loan but also c...
NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
Here’s how to fix errors in EPS records now to avoid PF claim rejection, pension lossIf you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer cla...
EPFO 3.0 withdrawal rules explained: When can EPF members withdraw their PF corpus through UPI?EPFO is set to launch EPFO 3.0, enabling UPI withdrawals and simplifying fund access for members. New rules consolidate withdrawal provisio...
Laid off or lost your job? Use 75% EPF amount while rest 25% compounds @8.25% - Check EPFO withdrawal rules in case of unemploymentWhile members are entitled to take out up to 100% of their eligible EPF balance, including both employee and employer contributions, there ...
New labour code 2025 retirement calculator: You can create Rs 1.82 crore higher corpus if your basic salary of Rs 32K rises under new lawIndia's new labour laws offer a significant boost to retirement savings. Employees can build a larger corpus by increasing their basic sala...
EPFO members can transfer PF corpus to their pension accountImportant updates for EPFO members: New rules around withdrawing your Provident Fund (PF) and pension funds have been introduced. To fully ...
Private sector PF trusts increasingly surrendering exempted establishment status under EPFOPrivate sector provident fund trusts are increasingly surrendering their exempted status to EPFO, with 17 establishments applying in FY24. ...
Higher pension option to impact PF corpusUnder the Employees’ Provident Fund & Miscellaneous Provisions Act, both employee and employer contribute 12% of the basic wage. While the ...
Govt plans to cut EPF contribution rate, take home pay would rise: Will employees benefit?Currently, employee contribution to PF is 12 percent, and an equal percentage is contributed by the employer. However, the draft EPF Bill p...
EPFO's central board of trustees notifies new committeesThe EPFO presently covers 190 industries (mentioned in the schedule 1 of the EPF Act) with over 20 crore accounts in over 11.3 lakh covered...
EPFO may cut interest rate to 8.5% for FY18, but equity play may boost your returnsMost of the PF corpus is invested in government securities. A falling interest rate scenario in the market has led EPFO to propose a lower ...
Tax queries: Income received from provident funds outside India cannot be taxedIncome received from PFs outside India cannot be taxed, even if it is transferred to an Indian account subsequently. Our expert explains.
Budget 2016 'hopeless', tax on PF will hurt middle class: Trinamool Congress"This budget is not constructive, nor is it creative. It is stereotype and routine. We are left with no option, but to call it a hopeless b...
Has EPFO ruined your retirement by delaying the decision to invest in stocks? Not quiteIf 5 per cent of monthly contributions was invested in a Nifty ETF, the corpus would only be 2.4 per cent bigger today.