Saving Schemes Articles

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...

The Employees’ Provident Fund and Miscellaneous Provisions Act 1952 is a long-term savings scheme in India. The scheme provides retirement benefits to eligible employees working in the organised sector. It requires an employee to make contributions towards a provident fund...

What is EPF Form 10C? Under the EPF scheme, you (the employee) and your employer have to contribute to the Employee Provident Fund during your service period. When you leave the job, you might want to carry forward your EPF...

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...

The future is always uncertain, and being well prepared for it is what we can do today. Insurance is one of the best ways that offer financial support to the family. The Government in 1976 introduced the Employees Deposit Linked...

What is the ECLGS scheme? The ECLGS scheme provides member lending institutions with a 100 percent guarantee in respect of eligible credit facilities extended to their borrowers whose total credit outstanding (fund based only) across all lending institutions and days...

eAadhar is a password-protected copy of an Aadhar card. The UIDAI digitally signs it. E-Aadhar is considered valid, just like a physical Aadhar. It is an initiative of the Government of India to move towards digitization. Since E-Aadhar is available...