This is your one-stop guide to understanding the National Pension System and Public Provident Fund. We’ll help you compare the features of both these investment options and make it easier for you to choose the best one that is suitable for you. Okay?
Now you can withdraw from your Provident Fund without any Tax Deducted at Source. This is for withdrawals up to Rs. 50,000. Read all about it on the BankBazaar blog.
In India, Employee Provident Fund (EPF), commonly known as PF, is one of the best TAX-FREE debt investments for retirement. Learn more about PFs from the expert – Mimi Parthasarathy, Managing Director, Sinhasi Consultants Pvt Ltd.
The rollback of the controversial EPF tax was met with a collective sigh of relief by the masses. However, the finance ministry has approved an 8.7% interest on EPF, contrary to the proposed interest rate of 8.8% by the EPFO’s Central Board of Trustees . Read on for the details.
Have you ever wanted to check your provident fund balance? If yes, you can do so online. It’s simple, quick and takes only a few steps. All you need to do is access your Universal Account Number account. Check out our handy post on how to check your EPF details, online.
You can now withdraw from your Employee Provident Fund (EPF) for housing and health purposes without restrictions. Also, the new rules on withdrawing the entire EPF amount will be applicable only from 1st August 2016.
Senior citizens and other investors, who depend on small savings schemes, have to live with lower interest rates on their investments from April 1, 2016 for the next quarter and maybe even after that. But borrowers can expect good days going forward.
When it comes to long-term investment options, PPF and ELSS are two popular ones in India. These investments not only give you good returns but are also an ideal means of saving taxes. Let’s learn a little more about these investment options.