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RULES TO WITHDRAW MONEY FROM EPF ACCOUNT
CA tells why Rs 1 crore retirement corpus can be insufficient for you and how much you needA Rs 1 crore retirement corpus is a 'trap', not a milestone, warns Chartered Accountant Nitin Kaushik. With 6% inflation, its purchasing po...
Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do itPPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explainedRetiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...
Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
Paid tax on black money? 7 reasons you can still lose it all
EPFO 3.0 new rules: Can you withdraw 100% of PF retirement corpus through ATM?
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
EPFO interest update: When will 8.25% EPF interest be credited to subscribers’ accounts?
Maharashtra Legislative Council polls: BJP asks Shiv Sena (UBT) to back 'horse-trading' allegations with proofNavnath Ban, Maharashtra Bharatiya Janata Party spokesperson, has challenged Sanjay Raut of Shiv Sena (UBT) to present proof of horse tradi...
Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if...
NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpusNPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...
EPFO member alert: Your nominee may lose provident fund, pension, other benefits if you make this little mistakeEPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This crucial step ensures family membe...
EPFO: When can EPF interest be credited to your account? Check hereEPFO subscribers are awaiting their FY 2025-26 interest credit, despite the 8.25% rate announcement in March. While delays are common due t...
Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
EPFO 3.0: UPI withdrawal for EPF soon! Members can transfer money using UPI PIN – Here’s how it will work
Withdraw EPF through UPI soon as government completes testingEmployees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface...