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Provident Fund

EPFO

EPFO Adds 13.4 Lakh Members In March, 1.39 Crore In 2022-23

Out of 13.40 lakh members added during the month of March, around 7.58 lakh new members have come under the ambit of EPFO for the first time, a labour ministry statement said

21 May 2023

EPFO To Decide Rate Of Interest On Employees' PF Deposits For FY23 By March 28

The EPFO has provided the facility to opt for higher pension to its subscribers till May 3, 2023

27 March 2023

Laid off? Here Are 3 Tips To Make The Most Of Your Severance Package

When you have suddenly got laid off, the first and foremost thing is to stay calm and composed. Then you could consult your financial advisor to make a solid plan to make the most of your finances. Or you could read on here...

14 February 2023

home loans

How To Withdraw Your Provident Fund To Repay Home Loan

You can tap into your employee provident fund (EPF) to repay a home loan by following a few simple steps online with the correct documents, such as an Aadhaar card, etc

06 May 2023

EPFO Sets May 3 As Deadline For Subscribers To Opt For Higher Pension

The employee's entire contribution goes to EPF, while the 12 per cent contribution by the employer is split as 3.67 per cent to EPF and 8.33 per cent to EPS

27 February 2023

profits

All Profits From Intraday Trading Or Delivery-Based Transactions Are Taxable

Whether profits on delivery-based transactions will be taxed as business income or capital gains will depend on factors like transaction volume, frequency, average holding period, etc.

04 February 2023

Three Products That First-Time Investors Can Choose And Why

Although first-time investors may not have a specific financial goal immediately, they can consider investing in these instruments as they could use the accrued sum according to their needs later.

19 April 2023

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Govt To Clear Arrears Of Armed Forces Under Revised One Rank One Pension (OROP) Scheme

The arrears under the One Rank One Pension (OROP) scheme will apply to those ex-servicemen who have retired by June 2019. Read on to know more.

24 December 2022

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11 December 2022
Mutual Funds Industry Seeks Management Of Pension, Provident, Insurance Funds

Mutual Funds Industry Seeks Management Of Pension, Provident, Insurance Funds

The Association of Mutual Funds in India also anticipated that AMC Repo Clearing Ltd (ARCL) will become operational from January 2023, which will provide a...


19 November 2022
Benefits You Will Get On Filing A Nil Income Tax Return

Benefits You Will Get On Filing A Nil Income Tax Return

There are numerous instances where a proven track record of filing ITR has helped people, such as in scholarship as well as visa applications. Besides, filing...


06 October 2022
EPFO Interest Credited To All Accounts, Software Upgrade At Work: Fin. Ministry Tweets

EPFO Interest Credited To All Accounts, Software Upgrade At Work: Fin. Ministry Tweets

Following complaints on social media that EPF subscribers were not able to view the interest on their PF deposits, the Finance Ministry has assured all...


04 October 2022
Now Corporate, Govt NPS Subscribers Can Retain Their Investment Choice On Resignation

Now Corporate, Govt NPS Subscribers Can Retain Their Investment Choice On Resignation

The Pension Fund Regulatory and Development Authority (PFRDA) has said that NPS subscribers can continue with their existing investment pattern or PF choice...


30 July 2022
Provident Fund Withdrawal Before Five Years Of Service Is Taxable For Employee

Provident Fund Withdrawal Before Five Years Of Service Is Taxable For Employee

Both the employee’s contribution as well as interest accrued on employer’s as well as employee’s contribution is considered taxable under ‘income from...


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01 July 2022
ITR Filing: Documents To Keep Handy To Make Process Faster

ITR Filing: Documents To Keep Handy To Make Process Faster

Before you start the process to file your tax return for the year, make sure you keep these documents handy to make the process less cumbersome and hassle-free


30 June 2022
Govt Keeps Interest Rates Unchanged On Small Savings Schemes For September Quarter

Govt Keeps Interest Rates Unchanged On Small Savings Schemes For September Quarter

The interest rate on small savings schemes has not been revised since the first quarter of 2020-21.


30 June 2022
TDS On Crypto, PAN-Aadhaar Link, And Work Days Among Other Changes Effective From July 1

TDS On Crypto, PAN-Aadhaar Link, And Work Days Among Other Changes Effective From July 1

Here are five significant financial and operational changes that will go into effect from July 1.


22 June 2022
64% Of Firms In India Expect Labour Code Change To Impact P&L, Says Study

64% Of Firms In India Expect Labour Code Change To Impact P&L, Says Study

The study also found that in light of the regulatory changes, labour reforms and increasing cost of providing retirement benefits, 53 per cent of organisations...


03 June 2022
Govt Ratifies 8.1% EPF Interest Rate For 2021-22

Govt Ratifies 8.1% EPF Interest Rate For 2021-22

Earlier in March this year, the Employees' Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1...


20 May 2022
EPFO Adds 15.32 Lakh Net Subscribers In March

EPFO Adds 15.32 Lakh Net Subscribers In March

The provisional EPFO payroll data released on Friday highlighted that it has added 15.32 lakh net subscribers in March 2022, a labor ministry statement...


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22 April 2022
Five Major Changes Taxpayers Should Know While Filing Their Income Tax Return This Year

Five Major Changes Taxpayers Should Know While Filing Their Income Tax Return This Year

There are no major changes seen in the income tax return forms notified for FY 2021-22. However, there are five major changes that taxpayers need to keep in...


21 April 2022
Atal Pension Yojana Enrolments Cross 40 Million In March 2022; 45% Subscribers Aged 18-25

Atal Pension Yojana Enrolments Cross 40 Million In March 2022; 45% Subscribers Aged 18-25

More than 9.9 million Atal Pension Yojana accounts were enrolled during FY 21-22


05 April 2022
Recent Changes In Income Tax On Provident Fund Contributions

Recent Changes In Income Tax On Provident Fund Contributions

The interest earned, on PF contributions in excess of Rs 2.5 lakh per annum, has now been made taxable. Should you reduce your PF contributions then? Read on...


01 April 2022
Three Steps To Organise Your Personal Finance This New Financial Year

Three Steps To Organise Your Personal Finance This New Financial Year

As the new financial year dawns, you must start organising your finances systematically to be able to save your taxes intelligently


28 March 2022
10 Steps To Follow For Seamless PF Withdrawal

10 Steps To Follow For Seamless PF Withdrawal

The EPFO has digitised the entire process of PF withdrawal. One just has to update the KYC details with Aadhar, PAN and UAN to withdraw or transfer PF smoothly


19 February 2022
Income from PF Contribution Above Rs 2.5 Lakh In FY2021-22 Taxable

Income from PF Contribution Above Rs 2.5 Lakh In FY2021-22 Taxable

Income from contribution in excess of Rs 2.5 lakh from non-government employees will attract tax from this financial year


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