The existing tax provisions provide that the interest received/accrued from an employee’s provident fund (EPF) be exempt from taxes. The new PF rules will indisputably impact employees in the high-income bracket. In this article, we will discuss New PF Tax Rules from April 1 – Here’s How It Will Impact You New PF Tax Rules … Read more
The Employees’ Provident Fund (EPF) is a retirement benefit government scheme that provides financial coverage to the employees (EPF account holders) after retirement. But, do you know that the EPF scheme also provides a life coverage to the employees. So, let us know about this feature of the EPF scheme. Life Coverage for EPF … Read more
As we all know that the government has announced the new EPF contribution rules, which are going to result in a hike in the amount of monthly take-home salary of all the employees. Besides, a ₹ 2500 crores EPF contribution support shall be given to the businesses having EPF registration as well as the employees … Read more
The government has announced the new EPF rules, which would result in an increase in the amount of monthly take-home salary of the employees. The New EPF rules In order to increase liquidity in the economy, the government has declared that the EPF contribution of the employers and workers will be reduced from 12% … Read more
During the COVID-19 crisis, you need a safe financial assistance scheme for your future. When we all are facing the COVID-19 turmoil, all must be worried about their future. Investing now can ensure social security. As the COVID-19 crisis hit the financial market, it is the right time to invest in Small Savings Schemes. Small … Read more