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This scheme covers all active members of EPFO. For availing the insurance cover, employees need not contribute any amount
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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
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While the new labour laws effectively increase the Gratuity bonus, the rejig in the salary structure will reduce the take-home salary
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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
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You can check the EPF balance using the Umang App, EPFO portal, sending an SMS, or by just giving a missed call
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SBI Ecowrap has suggested removing the lock-in period for PPF investments. Money9 looks as the pros and cons of the suggestions
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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
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If you are withdrawing money for COVID-19 related reasons, you don’t have to put the money back into your account
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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 […]
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A revision in DA directly impacts provident fund, house rent allowance, travel allowance and medical allowance of central employees