Meaning: Employee Provident Fund(EPF)is an employee benefit scheme generally prescribed by a statutory body of the Government which provides facilities to the employees of an organization. With regard to Medical Assistance Retirement Education of Children Insurance Support Housing Under the EPF scheme, an employee has to pay a certain contribution towards the scheme and an […]
Public Provident Fund (PPF) scheme is a popular long-term investment option which offers safety with attractive Interest Rate and returns that are fully exempt from Tax. The investor can start with a minimum investment of 5000 to a maximum of 150000 in a financial year and can avail other facilities like withdrawal, loan, an extension […]
All that You Need to Know about EPFO's Universal Account Number (UAN) The Employee Provident Fund Organization (EPFO) introduced some imperative changes in its working philosophy to help agents better manage their provident hold duties. EPFO introduced another structure called Unique Account Number (UAN) which helps specialists manage their provident store accounts without any irritates. […]
ECR version 2.0 Employee Provident Fund Office (EPFO) is doing a high-quality job improvising the strategies. First, they released a UAN layout for all workers with the intention to stay with a worker for a lifetime between group changes, thereby simplifying his/her PF tracking. And as a predominant step in extra simplifying the strategies for […]
On the finish of every financial year, many taxpayers frantically make investments to cut down taxes, without adequate abilities of the more than a few available options. The earnings Tax Act offers many extra incentives and allowances, apart from the fashionable 80C, which would decrease tax liability radically for the salaried members. listed below are […]
