Saving Schemes Articles

EPF Form 11 is a self-declaration form that an employee must fill while joining a new organisation to transfer a PF account automatically. However, the new employer must be covered under the Employees Provident Fund (EPF) scheme as per the...

What is the Stand Up India scheme? The Stand Up India scheme is founded on a realisation of the difficulties faced by SC, ST, and women entrepreneurs in establishing businesses, acquiring loans, and other forms of assistance that may be...

The Government of India has made it mandatory to link your Aadhaar card with some documents. This makes Aadhaar one of the most important identity proof in our country. The government offers various benefits for linking Aadhaar card to any...

What is POMIS? Post Office Monthly Income Scheme (POMIS) is a monthly savings scheme regulated by the Department of Post (DOP). The Central Government of India governs this savings scheme. It intends to provide a monthly income for small and...

An SBI PPF account can be opened across any of its branches across the nation. The return on a PPF account is fully exempt from taxes under Section 80C of the Income Tax Act. Deposits need to be made for...

Pradhan Mantri Jan Dhan Yojana (PMJDY) is a National Mission for the financial inclusion of the citizens of India. The Government of India launched the Pradhan Mantri Jan Dhan Yojana on 28th August 2014. The sole objective of the scheme...

Members of the EPFO are, by default, part of the Employee Pension Scheme (EPS). On retirement, the individual is eligible for a regular pension. To apply for the pension amount, one needs to submit the EPF Form 10D. Therefore, the...

The increase in suspicious activities in the financial market has had a negative effect on the financial sector. The increase in financial crime deeply impacts the financial market. Therefore, there was a need to introduce strict procedures to know the...