Usually, individuals look for safety, returns and tax benefits when they want to invest. They also look for safe investment instruments which can help them meet their financial goals. To meet these purposes, there are two small savings schemes offered...

Financial planning is very important for a better future. It helps in the selection of right investment products based on the objectives. There are many instruments available for tax planning which can help individuals save tax under Section 80C. However,...

The Government of India has made it mandatory for individuals to link their PAN card with Aadhaar card. The reason is that the income tax return cannot be processed if Aadhaar is not linked to PAN. Also, one cannot carry...

Employee Provident Fund EPF is one of the popular savings schemes introduced under the supervision of the government of India. Also, it is the main scheme under the Employee Provident Funds and Miscellaneous Act, 1952. Furthermore, this savings scheme is...

The objective of Employee Provident Fund (EPF) and Employees Pension Scheme (EPS) is to help individuals save the money for their retirement. The schemes are framed under the  Employee’s Provident Fund & Miscellaneous Provision Act, 1952 and administered by the...

For any employee who receives a salary in India, the employer deducts a certain amount of money as PF (Provident Fund). Moreover, EPF is a popular savings scheme. It was launched under the supervision of the Government of India. Thus,...

Employee Provident Fund (EPF) is a savings scheme for retirement regulated by the Employees Provident Fund Organisation (EPFO). Under this scheme, the employer and employee contribute monthly in equal proportions of 12% of basic salary and dearness allowance. The money...

Employee Provident Fund (EPF) is a retirement corpus built with the contribution of both employee and employer. Employees can withdraw from their EPF account before maturity, subject to certain conditions. After applying for withdrawal of funds, you can check your...