The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
The EPFO launched one-page simplified forms for withdrawal.
'Now, we have a minimum pension of Rs 1,000 annually.'
Come March 2013, salaried employees will be able to switch jobs, without worrying about withdrawing or transferring their savings with the Employees Provident Fund Organisation (EPFO).
The funds earmarked for other goals of lower priority, like holidays, holiday home, vacation abroad and so on should be used - not the retirement corpus.
Retirement fund body EPFO net added 14.81 lakh subscribers in August 2021, reflecting a growing trend in net payroll for the first five months of this fiscal. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Wednesday highlights that it added around 14.81 lakh net subscribers during the month of August 2021, a labour ministry statement said. The data reflects a growing trend in net payroll for the first five months of the current financial year, it added.
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
PFRDA will invite bids to appoint pension fund managers.
The ED has received documents from almost all banks that lent money to KFA.
'A subscriber will know exactly how much of his money is in debt and how much in equity.'
Want to know how to claim tax deduction on property income you earn? Do you know how to withdraw unclaimed EPF money?
Smart investors fine tune their investments as per the Budget announcements to make the best possible use of tax deductions and other sops.
If there is a lesson to be learnt from the 1980s, it is that mobocracy never works. And a government that yields before public protests will have ceded its right to govern, says Syed Firdaus Ashraf.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'If you retain your account with the EPFO for 10 years, you get a life-long pension.'
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
Trustees of Retirement fund body EPFO will decide tomorrow on amending the scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit about its 28 lakh pensioners.
From the date you put in your papers, the employer will promptly freeze your salary payouts and you will get everything along with the full and final settlement.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Want your investments to make money as well as save tax for you? Anil Rego has some advice
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
These plans aren't likely to put substantial cash in your hands.
Leading up to the International Women's Day on March 8, this is the first of a four-part series that talks about how women can invest to achieve their long-term financial goals.
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
It is not advisable to touch retirement corpus if property is being purchased for investment.
You can still save money, says Samkit Maniar
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
Investors must remember that only resident Indians can open a PPF account and a person can have only one PPF account.
Employees Provident Fund Organisation is likely to issue permanent account numbers to employees.
Without Form 16, tax computation becomes cumbersome
At present, the EPF subscribers are exempted from paying income tax on deposits.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.
