This scheme covers all active members of EPFO. For availing the insurance cover, employees need not contribute any amount
Unlike withdrawals for other reasons where you have to serve a minimum of years of service, there is no lock-in period for EPF withdrawal for Covid purpose
While the new labour laws effectively increase the Gratuity bonus, the rejig in the salary structure will reduce the take-home salary
The provisional payroll data of EPFO highlights a growing trend with the addition of 12.37 lakh net subscribers during the month of February, 2021
You can check the EPF balance using the Umang App, EPFO portal, sending an SMS, or by just giving a missed call
SBI Ecowrap has suggested removing the lock-in period for PPF investments. Money9 looks as the pros and cons of the suggestions
Apart from the habit of savings that will be inculcated in your child, a PPF account opened early in life can result in big savings for the child
If you are withdrawing money for COVID-19 related reasons, you don’t have to put the money back into your account
Your Employees’ Provident Fund (EPF) account is giving you a return of 8.5% when other small savings schemes are around just 7%. With so much high return on your EPF balance, it should be a concern if your account has been inoperative. This is because once inoperative your account stop earning interest on the accumulated […]
A revision in DA directly impacts provident fund, house rent allowance, travel allowance and medical allowance of central employees
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