Saving Schemes Articles

A Permanent Account Number, abbreviated as PAN, is a 10-digit unique alphanumeric number assigned to you for investments, tax payments, and other financial activities. The Income Tax Department provides you with a document known as a PAN Card. While applying...

What is Samagra Shiksha Scheme? The Union Budget, 2018-19, has proposed to treat school education holistically without segmentation from pre-nursery to Class 12. As a result, Samagra Shiksha - an encompassing program for the school education sector spanning pre-school to...

PPF scheme is a quite popular scheme among investors. The Public Provident Fund PPF Scheme was launched by the National Savings Institute in 1968. The Government of India backs this scheme. Hence, the returns are guaranteed. The investment and interest...

The Central Government Schemes for girl child have been launched across India with the goal of improving the social attitude toward female children in India. These schemes also aim at elevating their status in society. Several central government initiatives, saving...

Public Provident Fund (PPF) accounts held by Non-Resident Indians (NRI) stand closed according to a recent notification by the Government of India. The closure will come with effect from the day their status changes to Non-Resident. A similar amendment has...

Employee Provident Fund (EPF) is an initiative of the Government of India to encourage savings among Indians. Both employer and employee make equal contribution to the EPF scheme. One can redeem the balance in the EPF account upon retirement, unemployment...

In times of economic adversity, companies resort to various measures for cutting down costs. Reducing their workforce under Voluntary Retirement Scheme (VRS) is one such step that helps them improve productivity and profits. Companies of both public and private sectors...

Employees Provident Fund is a social security scheme to safeguard the future of employees working with industries and organisations. EPF coverage extends from the time an employee starts working up until retirement. It provides individuals protection against loss of income...