EPF

The invisible burden on low-income workers that’s equivalent to a 35% tax paid by crorepatis

“This tax is as high as 35%, the same as what people earning above ₹1 crore pay," said Harsh Roongta,…

2 months ago

Budget 2024: How will the increased NPS tax deduction impact your retirement savings?

Budget 2024 has introduced significant changes to the National Pension System (NPS), aiming to make it more attractive and beneficial…

3 months ago

Investment strategy for long-term goals: Balancing education, retirement and charity

I wish to diversify my investment portfolio to align with my long-term financial goals. At 40, I have a monthly…

4 months ago

Why this ex-corporate honcho believes first 25 years are to learn, next to earn, and last to return

The industry veteran, who held various leadership positions in his career, envisions securing a stable financial future during his sunset…

4 months ago

What mutual fund SIPs have in common with watching cricket in a stadium

There have been stories in the media recently about the huge amount of cash that active equity mutual fund (MF)…

5 months ago

ITR Filing: Essential income tax exemptions and deductions every taxpayer should know

Certain allowances are exempt from income tax up to certain thresholds. This essentially lowers your taxable income, which in turn…

5 months ago

NPS vs PPF vs EPF: Which investment tool is better to accumulate retirement fund?

NPS vs PPF vs EPF: Selecting the right investment vehicle is essential when planning for retirement. In India, three popular…

5 months ago

EPF: How to check your balance through the SMS facility? A step-by-step guide

Provident funds are savings programs tailored to assist employees in building retirement funds, providing a secure and regulated investment avenue.…

5 months ago

Here’s how to accurately declare assets in Schedule AL of your ITR

Schedule AL was introduced in 2016 after the wealth tax was discontinued. “The government wanted a monitoring system to check…

5 months ago

Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR?

July 31, 2024, is the deadline for submitting Income Tax Returns (ITRs) for the Assessment Year (AY) 2024–2025. Before submitting…

5 months ago

Why this 24-year-old trusted a fee-only adviser for financial guidance

However, 24-year-old R. Jeevitha from Bengaluru is committed to helping her parents repay loans and plans to invest a portion…

6 months ago

EPF: Subscribers are permitted to opt for advance in these scenarios

To give financial security to the service-class individuals in their post-retirement life, employers are meant to deduct a small portion…

6 months ago

Private sector employees should focus on EPF, PPF, NPS for retirement, says Preeti Sharma of BDO India

In an interview with MintGenie, Sharma said that the Government should chalk down a clear transition plan to move to the new…

6 months ago

EPF: How to make correction in name, KYC and other details? A step-by-step guide

If you are an EPF (Employees’ Provident Fund) subscriber, and want to make changes in your account, you can do…

6 months ago

New EPF Rules: EPFO updates policy on cheque leaf and bank passbook uploads. Details here

How will EPFO verify claims?To verify the accuracy of claims, the EPFO instead employs extra verification techniques.  These could consist…

6 months ago

EPF: These are the services subscribers can avail on the unified member portal

If you are an EPF (Employees Provident Fund) subscriber and want to use one or more of the services given…

6 months ago