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PF to income tax to air travel, 10 ways your life will change from today Premium 5 min read The interest earned on employee's 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 policies, several new norms will be effective from 1 April. The interest earned on employee's contributio...

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 Minister's Office (PMO) led to the immediate reversal of sharp interest rate cuts on small savings schemes approved by Finance Minister Nirmala Sitharaman late Wednesday evening. Th...

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 2020. The retirement fund body has more than 50 million active subscribers The decision was taken ...

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 coronavirus pandemic. In March, last year, the EPFO had reduced the interest rate to a 8.5 per cent for 201...

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