If you have investments in schemes like Public Provident Fund (PPF), National Savings Certificate (NSC), Senior Citizens Savings Scheme (SCSS), or any other post office scheme, it is important to ensure that […]
House Rent Allowance (HRA) is a component of the salary structure for most employees, but it is not fully taxable, unlike basic salary. An exemption under Section 10 (13A) of the Income-tax […]
According to a senior official, the Finance Ministry is planning to make it easier for a larger number of investors, particularly those from rural areas in India, to take advantage of small […]
The interest earned by the Provident Fund contributions above Rs 2.5 lakh a year will now be taxable. The provision, introduced in Budget 2021 will apply only to the employee’s contribution and […]
Not many of you may be aware that now you can only partially withdraw the accumulated provident fund corpus before retirement. According to a new rule notified by Ministry of Labour and […]
The hike in interest rate has made the PPF the best option for conservative investors. If a couple starts contributing Rs 1 lakh every year, they can together build a tax-free corpus […]
The retirement fund manager EPFO is planning to replace PF account number with UID number, a move which will help in speedy transfer of a subscribers’ funds in case of job change […]
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