EMPLOYMENT PROVIDENT FUND
PPF, NSC and other small savings schemes interest rates kept unchanged for March quarter
For the quarter ending March 2020, small savings schemes such as the Public Provident Fund (PPF), National Savings Certificate (NSC) will continue to fetch same interest rate. PPF will continue to earn 7.9 per cent during the quarter January to March 2020.
EPFO to focus on subscribers' convenience, ease of doing business through digital tools in 2020
Employees' Provident Fund Organisation (EPFO)...
Aadhaar At 10: Taking stock of India's ambitious mission to provide unique digital identity to all
An ambitious study covering 1,67,000 India...
Investors not in a hurry to invest in ELSS mutual funds this tax saving season
January to March is considered the tax saving season because many taxpayers love to finish their investments to save taxes only in the last three months of the financial year.
Govt may provide tax incentives for startups in Budget
Startup India initiative of the government aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive to growth of budding entrepreneurs.
With four labour codes, 2020 to be a 'year of reforms': Santosh Gangwar
Entering 2020, the government hopes that India would be able to implement all four codes on wages, industrial relations, social security and occupational safety, health and working conditions. These are expected to improve ease of doing business and safeguard interest of workers.
PPF scheme 2019: Loan against PPF account at 1% and other changes you need to know
The government via a notification dated December 12, 2019, has replaced the PPF scheme 1968 with the PPF scheme 2019. Though major features have been kept unchanged, a few small tweaks have been made in the scheme which you should know about.
Focused mutual funds gain big in December, AUM jumps manifolds
The focused fund category offered an average return of Rs 12.34% in one year, which is more than all other equity mutual fund categories, except the sector funds.
Best ELSS or tax saving mutual funds to invest in 2020
If you want to invest in ELSS funds but don’t know which schemes to choose, here are our recommended Equity Linked Saving Schemes or tax saving mutual funds to invest in 2020.
Labour Ministry mulls 'Santusht' portal in Jan for speedy resolution of grievances
Initially, Santusht (Hindi for satisfied) would monitor all services provided by retirement fund body EPFO and health insurance and services provider ESIC to formal sector workers. Later, the portal would cover other wings of the ministry as well. It would also have data on real time basis to assess the performance of each and every official.
How to construct a debt mutual fund portfolio
Depending on the interest rate outlook, mutual fund managers switch between higher or lower maturity bonds. They invest more in longer tenure bonds anticipating a falling rate scenario since these gain most in value.
PPF Scheme 2019: Account will not be liable to attachment
The new rules called the Public Provident Fund Scheme, 2019 have replaced all the previous PPF rules with immediate effect. New rules allow an individual to open an account by making an application in Form-1. However, no joint PPF account is allowed.
Govt to come up with financial assistance for fighting rare diseases
The decision comes as the government comes up with a new draft policy for the treatment of rare diseases, more than a year after it withdrew the earlier policy that promised an initial corpus fund of Rs 100 crore for the treatment of patients with rare genetic diseases.
Sebi allows AMCs to provide management and advisory services
The regulated said AMCs could also provide services to regulated entities such as pension funds, insurers, banks and mutual funds.
Shortcuts can ruin your financial health
Today one can post a questions in various blogs, forums, WhatsApp groups and Facebook groups, etc. and get it answered. Mostly it is just someone’s opinion on a subject. Again, there are a multitude of such opinions which can be confusing.
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