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The EPF reduction means you will pay tax on cash from your retirement fund

If the same money were to be left in the EPF, and withdrawn at the time of retirement, you would…

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Take home salaries for employees will increase as Finance Minister Nirmala Sitharaman reduces provident fund deduction

“The statutory PF contribution is being reduced to 10% from 12% so that employers will have so…

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23 mins read

These are the new TDS, TCS rates applicable on fixed deposits, dividends, contracts and more

Finance Minister Nirmala Sitharaman announced a reduction in tax deducted at source (TDS) and tax c…

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EPS Pensioners to get pension from any bank, any branch, anywhere in India from January 1, announces Mansukh Mandaviya

The CPPS is expected to benefit over 7.8 million EPS pensioners of EPFO. By leveraging advanced IT …

ANI   


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Tax saving countdown – With 2 months to go, options to consider under 80C

Now that we have stepped into the new year, there are just three months left before the current fin…

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3 mins read

EPFO continues to give attractive interests rate compared to other government schemes

The popular retirement saving scheme followed by many corporations for its employees has slashed it…

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From crypto tax to updated IT return, here are the personal finance highlights from Budget 2022

Finance minister Nirmala Sitharaman announced several updates as far as personal finance is concern…

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Lockdown: EPFO not charging penalty from cos for delay in payment of provident fund dues

"During the lockdown period we are not going to impose any damages (penalty). This is our pro stak…

PTI   


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Exporters seek ₹30,000 cr interest-free working capital loan

In the letter, Saraf has said that the country's exports will take an unprecedented hit in the…

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Job seekers under MGNREGA has jumped 50% as migrant workers forced to return home are desperate for livelihood

More people are looking for jobs under MGNREGA as enrollment surges by 50% with migrants forced to …

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MakeMyTrip will now deliver food – jumps into the ring where Zomato and Swiggy are already fighting it out

India’s largest travel aggregator announced a major new business vertical today – MakeMyTrip will n…

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Modi govt committed to reviving economy, help MSMEs: Amit Shah

Shah's comments came soon after Finance Minister Nirmala Sitharaman announced Rs 3 lakh crore of c…

PTI   


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Impact of Demonetization on Employee Benefit liabilities & Exempt Provident Fund Trusts

The lower and stable bond yields bring stability in the economy; however consistently reducing bond…

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12 mins read

Top highlights from Finance Minister Nirmala Sitharaman's second tranche of COVID-19 stimulus

The first tranche of India's economic stimulus was worth ₹5.9 lakh crore. There are nine announceme…

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Here’s what one of the largest private bank, YES Bank has to say about Budget 2016

Most importantly, there is a need to boost savings in the economy to enhance the inherent economic …

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4 mins read

Budget 2015: Things are bright and the roadmap is clear

It takes more than just a cursory glance to read the budget between the lines and understand what i…