SSY, NSC, EPF, PPF, ELSS: A look at 5 savings schemes for salaried individuals; check out each scheme’s features and benefits

SSY, NSC, EPF, PPF, ELSS: A look at 5 savings schemes for salaried individuals; check out each scheme’s features and benefits

Every individual wants to save money for retirement, emergencies, their child’s education, and other purposes, but often gets confused about choosing the right investment schemes. Well, there are many investment options for them, but which one is suitable is difficult to decide. These schemes range from traditional savings schemes to low-risk investment and market-linked products….

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BIG PF Update For Subscribers! EPFO Passbook Lite Launched For Easier PF Balance Checking; Check Benefits

BIG PF Update For Subscribers! EPFO Passbook Lite Launched For Easier PF Balance Checking; Check Benefits

New Delhi: Retirement fund body EPFO has introduced a new facility –‘Passbook Lite’ — that will enable members to easily check their passbook and related summarised employees’ provident fund (EPF) contributions, withdrawals. Passbook Lite is a simple and convenient format that is enabled in the member portal itself. Currently, members have to login to the…

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EPFO Online Claim Settlement: Various Types Of Claim Forms You Need When Applying For PF Withdrawal

EPFO Online Claim Settlement: Various Types Of Claim Forms You Need When Applying For PF Withdrawal

New Delhi: Employees’ Provident Fund Organisation (EPFO)  Members can apply for their PF withdrawal claims in full and in advance for various purposes. PF subscriber can apply for withdrawal both partially and fully. While a full withdrawal is generally permitted upon retirement or after two months of unemployment, partial withdrawals can be sought for medical…

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Major Relief For Salaried Employees: EPF Withdrawal May Be Allowed Every 10 Years, Reports

Major Relief For Salaried Employees: EPF Withdrawal May Be Allowed Every 10 Years, Reports

New Delhi: Salaried employees may no longer need to wait for retirement or job loss to access their Employees’ Provident Fund (EPF) savings. The Centre is considering a proposal by the Employees’ Provident Fund Organisation (EPFO) to ease withdrawal norms. If approved, subscribers could be allowed to withdraw their entire EPF corpus or a portion…

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EPF+NPS Calculations for Rs 8.33 crore Corpus: Rs 32,000 basic pay, DA at 26 years of age? Know how you may generate Rs 8.33 cr retirement fund by 60 years of age

EPF+NPS Calculations for Rs 8.33 crore Corpus: Rs 32,000 basic pay, DA at 26 years of age? Know how you may generate Rs 8.33 cr retirement fund by 60 years of age

EPF+NPS Retirement Corpus: Private sector employees can contribute to Employees’ Provident Fund (EPF) and National Pension System (NPS) to generate a retirement corpus and get a monthly pension. If you utilise these opportunities to a good investment limit, you may generate a combined corpus of Rs 8.33 crore by 60 years of age. Not just…

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