Expected DA Calculator from January 2021 (Updated Oct 2020)IRTSA seeks withdrawal of Freeze of DA & DR with Grant of Option to credit the Additional DA to PF - Memo sent to MoF to be followed up with PM Highlights of the letter: DA is a part of Pay, compensating for the erosion in the real value of … [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...]
Reduction in PF contribution
Reduction in PF contribution With a view to bring contribution under Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952 to be paid by employer and employee at par with other savings instruments like the National Pension … [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...]
Tax on Provident Fund withdrawn
Tax on Provident Fund withdrawn The Centre has withdrawn its proposal to impose tax on Employee Provident Fund (EPF) withdrawals. From the very beginning, Central Government Employees unions all over the country have been opposing the government’s … [Read more...]
Centre decides to withdraw tax on Provident Fund
Centre decides to withdraw tax on Provident Fund News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an … [Read more...]
Deduction of Income Tax on withdrawal of Provident Fund 60%
Deduction of Income Tax on withdrawal of Provident Fund 60% NATIONAL COUNCIL (STAFF SIDE) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi - 110001 E Mail: [email protected] No. NC-JCM/2016 Dated:- 1st … [Read more...]