Aadhaar No Longer Accepted as Date of Birth Proof The removal of Aadhaar, a unique identification number issued by the government of India, from the list of acceptable documents as a date of birth proof has caused significant debate and controversy. … [Read more...]
Current Pension rate of Contributory Provident Fund (CPF) Pensioners
"CPF Pension Rates - Current Rates for Pensioners" The current pension rate of CPF pensioners who have contributed to the Contributory Provident Fund is determined by a variety of factors, including the total amount of contributions made, the length … [Read more...]
State Railway Provident Fund (SRPF) Interest Rate 2020-21
State Railway Provident Fund – Rate of interest during the period from 1.7.2020 to 30.9.2020 SRPF Interest rate of 7.1% with effect from 1st July 2020 to 30th September 2020 GOVERNMENT OF INDIA (BHARAT SARKAR)MINISTRY OF RAILWAYS (RAILS … [Read more...]
PPF Interest Rate Oct 2019 – 7.9%
PPF Interest Rate Oct 2019 - 7.9% (SBI and HDFC PPF Interest Rate Calculation and Calculator 2019-20) Govt Notified Revised Interest Rate of Public Provident Fund (PPF) from 1.10.2019 - 7.9.% The rate of interest for Public Provident Fund (PPF) from … [Read more...]
EPFO Investment in Stocks through ETF
EPFO''s investment in stocks Whether it is a fact that the EPFO''s investment in stocks through Exchange Traded Funds (ETFs) would cross the Rs. 45,000 crore mark by the end of this fiscal? No. Whether it is also a fact that the rate of return on … [Read more...]
Central Government decides to withdraw the notification on withdrawal from EPF
Central Government decides to withdraw the notification on withdrawal from EPF Government Decides to withdraw the 10th February 2016 Notification with Immediate Effect Press Information Bureau Government of India Ministry of Labour & … [Read more...]
Govt puts on hold new Provident Fund withdrawal norms till July 31
Govt puts on hold new Provident Fund withdrawal norms till July 31 The Govt puts on hold new Provident Fund withdrawal norms till July 31. New PF withdrawal norms proposes to bar withdrawal of employer's contribution to the provident fund corpus … [Read more...]
Reduction of Interest Rates on Public Provident Fund
Reduction of Interest Rates on Public Provident Fund Interest Rates on various Small Savings Schemes for the 1st Quarter of 2016-17 notified Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior … [Read more...]
Premature Provident Fund withdrawal – Income tax will be imposed
Premature Provident Fund withdrawal - Income tax will be imposed Income Tax for Premature Provident Fund withdrawal of more than Rs.30,000 The Government has announced that income tax will be imposed if, at the time of premature withdrawal, the … [Read more...]
Centre Govt Allows 5% of PF Funds to be Invested in Share Market
Centre Govt Allows 5% of PF Funds to be Invested in Share Market The Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market. As a result, Rs.5000 crore is expected to be released for investment this … [Read more...]