The employment debate in India is perhaps haplessly one sided and only talks about problems and not the solutions
The account has a validity of 15 years and the subscriber needs to deposit a minimum of Rs 500 every financial year to keep the the account active
There are two separate Provident Fund trusts in erstwhile Air India and erstwhile Indian Airlines, which are governed by the 1925 Provident Fund Trust Act
PPF still attracts one of the highest interest rates among guaranteed-return schemes
According to the data, 4,19,91,334 new subscribers have subscribed to the Employee Provident Fund (EPF) scheme
Here’s how you can withdraw your EPF online
The number of new subscribers is based on Universal Account Numbers or UAN generated in the system
Over 5 crore person already invested and getting good returns
In case of death during active service, the family or nominee needs to fill form 5IF and submit it along with death certificate and few other documents
PPF contribution must be locked in for 15 years. However, if you want to invest for a longer period of time, you can do so by extending your account for a block of five years
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