What is SCSS? Senior Citizens Savings Scheme (SCSS) is a post office savings scheme for senior citizens that offers safety and regular income to its investors. It is also a tax saving plan. It suits retired investors looking for a...

Public Provident Fund is a post office saving scheme that is launched by the Government of India to encourage saving among Indian residents. It has a fixed lock-in period of 15 years and currently has an interest of 7.1% per...

Aadhaar is a vital identity for all Indian citizens. When you apply for an Aadhaar Card at the enrolment center, you can check the Aadhaar Status online. Upon successful enrolment and verification of the documents, you will receive an acknowledgement...

PF Form 2 focuses on the nominees. The form requires details pertaining to the nominee(s) and the percentage of corpus to be distributed to them. In the event of the employee’s untimely demise, the nominee will be eligible to withdraw...

National Pension Scheme is a Government of India initiative to encourage long term savings. Pension Fund Regulatory and Development Authority (PFRDA) regulates the scheme. This voluntary pension scheme requires individuals to make contributions to the scheme until they turn 60....

The National Pension System is a government retirement scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA). All India citizens (residents and non-residents) within 18-65 years of age can invest in NPS. This article covers the NPS registration...

Employee Pension Scheme (EPS) is a social security scheme from the Employees’ Provident Fund Organisation (EPFO). The main purpose of the scheme is to make provisions for employees in the organised sector for pension. However, for a person to be...

Universal Account Number (UAN) is the unique number allotted to EPFO members. Multiple EPF accounts are linked to a single UAN. However, there can be instances where an individual has two active UAN numbers. Having two active UANs is against...