Why employees across India still prefer parking their money in the EPF
Easy withdrawal, especially during emergencies, has made this old stalwart a sought-after option, to the extent that many voluntarily contribute more money to the fund (VPF). However, the NPS offers asset allocation, something the EPF doesn’t. January 22, 2021 / 06:34 PM IST
Mumbai-based Malvika Chavan, 27, who worked as a guest relations executive at a hotel, lost her job last April amid the coronavirus outbreak. A couple of months on, she still hadn’t found a job and was finding it hard to make ends meet, with her savings getting depleted. Considering that she had been unemployed for 60 days, Chavan was able to dip into her Employees’ Provident Fund (EPF) kitty for funds till she found another job.
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SVKM s NMIMS Holds Path breaking E-Summit on Digital Transformation Copyright 2021 PR Newswire. All Rights Reserved
2020-12-24
The three-day summit reviewed the state of digitisation and its challenges across different sectors in a lively discussion. Â
MUMBAI, India, Dec. 24, 2020 /PRNewswire/ SVKM s NMIMS, a legacy academic institute, held a path breaking Digital Transformation Summit 2020 from 17th to 19th of December to highlight the role of digital transformation in BFSI (banking, financial services, and insurance), e-commerce/supply chain, pharmaceuticals and healthcare sectors. The three-day virtual event was attended by a panel comprising of industry experts, business leaders, and academicians. The summit provided a timely platform for an animated exchange of information and ideas while exploring the best practices to avoid business disruptions.