Tag: EPF

New PF taxation rules yet to be prescribed

Is the PF tax proposal in Budget 2021 applicable to PF investments made in the past? Or are they applicable to fresh investments made after...

EPF interest rate split highlights a basic problem

Reeling under pressure from huge withdrawals, declining interest rate and underperformance of its equity portfolio, the Employees’ Provident Fund Organization (EPFO) has split the interest...

Maharashtra accounts for 20% of ₹39k-cr EPF withdrawals during 25 Mar-31 Aug

New Delhi: Employees provident fund (EPF) members withdrew ₹39,402.94 crore between March 25 and August 31, with Maharashtra accounting for one-fifth of these withdrawals, Parliament...

Things to avoid if you are close to your retirement

Ram, 55, connected with me to cross-check his investment strategy: to exit all equity investments, wait for the markets to fall and then reinvest. Obviously,...

Active fund management is still relevant albeit for a different reason

The debate on the relevance of active fund management has grown louder in the past couple of years, centered around the ability of these funds...

New tax regime may put more cash in your hand, but be cautious

The Union Budget 2020 announced a new simplified tax regime, which Finance Minister Nirmala Sitharaman claimed would reduce the amount of tax paid. The idea...

Know the process, tax implication and impact on corpus

As layoffs and pay cuts rise across sectors, a large number of people are dipping into their Employees’ Provident Fund (EPF). According to the latest...

How salary cut impacts your PF corpus and gratuity

However, salary cuts can also have an impact on some of your retirement benefits. Most of the retirement benefits such provident fund (PF) contribution and...

EPF withdrawal delayed? Apply under Covid rule for auto processing of claim

NEW DELHI : The Employees’ Provident Fund Organisation (EPFO) has asked all PF account holders, facing delays in processing of withdrawal claims, to apply for...

Other options to look at as RBI stops 7.75% bonds

So what are your options now? First, you may go up the maturity curve because long-dated instruments offer higher rates to compensate for the higher...

RBI stops 7.75% savings bonds: here are the alternatives

According to Nithin Sasikumar, co-founder of Investography, a financial planning firm, a surge in demand for this relatively high-interest paying instrument due to cuts in...

Invest in VPF if you don’t want to dent your retirement kitty due to lower EPF

To provide relief to employees and employers facing cash crunch, the government has reduced their mandatory contribution to the Employees’ Provident Fund (EPF) from 12%...

Here are 5 things to know

The Labour Ministry has notified new rules that allow for reduced EPF or employees’ provident fund contribution for three months. Last week, Finance Minister Nirmala...

Here are 5 things to know

The Labour Ministry has notified new rules that allow for reduced EPF or employees’ provident fund contribution for three months. Last week, Finance Minister Nirmala...

EPF account deposits could be delayed this year during lockdown. How it affects you

NEW DELHI : Don’t be surprised if you see that there has been no deposit in your employees provident fund (EPF) account so far in...

What your salary slip might look like from next month?

NEW DELHI : As a temporary relief measure to increase in-hand salary during the coronavirus crisis, finance minister Nirmala Sitharaman has reduced the employees’ provident...

EPF relief to increase take-home salary, but you may end up paying higher taxes

Both employees and employers together contribute 24% of the basic salary plus dearness allowance on a monthly basis towards the employee’s provident fund (EPF). Now,...