Family finance: Why Senthil need not make fresh investment to achieve money goals
His goals include building an emergency corpus, buying a car, saving for his children’s education and weddings, and his own retirement.
10 salary components that can help employees reduce tax burden
Your salary structure is of utmost importance; as you would always seek to max...
EPFO recovers Rs 459 crore PF dues out of Rs 1,251 crore outstanding in 2018-19
The total backlog or outstanding provident fund dues of EPFO ...
Tax optimiser: Why salaried Kumar needs more perks in his salary to cut tax
ET Wealth tells readers how they can optimise their tax by rejigging their income and investments.
Stopped working before completing 5 years? Your EPF could be taxable
The taxation is triggered in the year of withdrawal; however, the tax is computed as per the mechanism laid down in Rule 9 of the Fourth Schedule to the Act.
I don't plan on working again. How long can I keep money in my EPF account?
Usually, an EPF account remains operative till the beneficiary turns 58. However, there are certain tax implications that one must be aware of.
Finance Ministry ratifies 8.65% interest on EPF for 2018-19
Earlier in February, the Central Board of Trustees had decided to raise the interest rate on EPF to 8.65 per cent for 2018-19.
What is Voluntary Provident Fund?
You should not ignore the fact that VPF comes with withdrawal restrictions and full withdrawal is possible only at the time of retirement.
EPF transfer on job change to become automated from next fiscal
EPFO subscribers won't require to file provident fund claims from next fiscal when they change jobs.
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