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October 4, 2021
Post Office schemes: PF, PPF, Senior Citizen Scheme, Sukanya Samriddhi - Check all small savings interest rates - Public Provident Fund (PPF) and National Savings Certificate (NSC) will have an interest rate of 7.1 per cent and 6.8 per cent, respectively.
August 27, 2021
PF rule to change from September - Check details here - If your PF account is not linked to your Aadhaar, then other EPFO contributions will also be impacted starting September 1, 2021.
April 16, 2021
By opening a PPF account in the spouse’s name the investor is essentially doubling the yearly investment limit but the ceiling on individual accounts will continue to be Rs 1.5 lakh in a year.
April 5, 2021
New PF tax rule from this month, heres how your income will be affected The benefit of this exemption will be only to those PF account holders in which no contribution has been made by the employer. Representative image Updated: Apr 5, 2021, 10:28 AM IST As the new financial year has begun, the new rule for tax on Provident Fund interest will come into force from this month. In Budget 2021, Union Finance Minister Nirmala Sitharaman had announced that the government...
April 1, 2021
PF to income tax to air travel, 10 ways your life will change from today Premium 5 min read The interest earned on employees contribution above ₹2.5 lakh in a year will be taxable from this month. Buying a pension cover will become easier. Take a look at key changes that are going to take place from 1 April Share Via Read Full Story With the beginning of new financial year from Thursday, there will be a host of changes in how you spend money. From changes airfare to standard insurance polici...
April 1, 2021
Early morning PMO order behind roll-back of small savings rate cut The timing of the withdrawal of the rate cut was very crucial as it was done moments before the commencement of second phase of voting in ongoing state assembly elections Ashutosh Kumar | April 2, 2021 | Updated 00:04 IST FM Nirmala Sitharaman mentioned that the interest rate cuts were issued by oversight Early morning intervention today by Prime Ministers Office (PMO) led to the immediate reversal of sharp interest rate cuts o...
March 4, 2021
The Employees’ Provident Fund Organisation (EPFO) has kept the interest rates unchanged on provident fund deposits at 8.5 per cent for financial year 2020-21. The announcement comes on the back of large withdrawals and fewer contributions through out the last year amid the coronavirus pandemic. There were speculations that the EPFO would lower interest on provident fund deposits for this fiscal (2020-21) from 8.5 per cent given in 2019-20, owing to the coronavirus-induced slowdown through ...
March 4, 2021
The Employees’ Provident Fund Organisation (EPFO) has likely fixed the interest rate on provident fund deposits at 8.5 per cent for financial year 2020-21, according to a report by news agency PTI. The retirement fund body is likely to announce the rates today. The Central Board of Trustees (CBT), which is the main decision-making body of EPFO, is meeting in Srinagar. The decision will come on the back of large withdrawals and fewer contributions through out the last year amid the coronavi...
February 25, 2021
As an investor looking to invest in a long-term debt instrument, you may experience a debate as to if you should invest your money in VPF or PPF. Here is a comparison to help you make an informed decision