Employee Provident Fund (epf)

Update your new employer about your income and tax deduction at the earlier job to enable correct TDS calculation. Use the salary hike to pre-pay your loans and set aside some money for investments.

When should you increase your VPF contributions?

While the employer’s contribution is restricted to a maximum of 12%, as an employee, you can increase your contribution further through Voluntary Provident Fund, over and above the mandatory 12 percent. Here is a guide on how and when to do it.

Withdrawing your Employees’ Provident Fund corpus is a mistake you must avoid

Employees’ Provident Fund Organisation rules prohibit withdrawing your corpus during your employment years, barring a few emergencies. Making withdrawals due to sabbaticals or entrepreneurial pursuits is an easy way out. In reality, the EPF corpus will grow big silently in the background if left untouched.

Does EPF rate cut make voluntary provident fund unattractive?

EPFO may have declared a lower interest rate of 8.1 percent for the financial year 2021-22, but it remains a highly-attractive, tax-efficient, long-term investment avenue.

Personal Finance: EPFO’s proposal to lower rates makes ETF investing more compelling

Investors could ramp up equity allocation through Exchange Traded Funds to enhance portfolio returns at a time when the secure EPF returns are set to come down

Planning tax-saving investments ahead of March 31 deadline

The deadline for tax-saving investments for FY22 ends on March 31, which is just a couple of weeks away. Karunya Rao gets you some tips to keep in mind for last-minute investment planning to save tax.

October sees 7.57 lakh fresh additions to formal work, a five-month low: EPFO Payroll

Of the 12.73 lakh net subscribers added in October, at least 7.57 lakh members have been enrolled for the first time, EPFO payroll data showed. Of the total additions, female enrolment was approximately 21.14%.

Simply Save | Know the taxation rules for interest earned on EPF contribution of over Rs 2.5 lakh

CBDT has prescribed two accounts - for taxable and non-taxable contributions - within your PF account. For more insights, tune into the podcast

How’s EPFO able to give 8.5% return in a low-interest rate environment?

The EPFO has a highly conservative investment mandate with almost half its money supposed to be invested in government or quasi-government securities. Barely 15 percent is put into equities

Find out answers to all your questions on withdrawing from the EPF account

If you are faced with a financial crunch due to the COVID-19 crisis, you can now dip into your employee provident fund (EPF) corpus. The Employees’ Provident Fund Organisation has opened up withdrawals from the account after receiving government approval. Read on to find out answers to all your questions on withdrawing from the EPF account

NPS vs EPF: Which one is better for investment?

National Pension System and Employee Provident Fund, both the retirement options are overseen by the government but they differ from each other on various parameters. So, which one is better? And how much money can one withdraw upon reaching the retirement age? Watch the video to find out

How EPF changes over the years impact your retirement funds

Know how your EPF money is deployed, taxed and returned when you retire

PF assets need to be managed better

EPFO must revisit investment strategy so that the corpus can generate steady long-term returns for subscribers

Tax planning is not financial planning: Want to know why?

Usually, it is noticed that last quarter of the financial year is when people/investors start looking at tax planning. Then there is a rush to buy tax-saving schemes.

PPF & EPF - Safe instruments to save taxes and build wealth

Public provident fund (PPF) and Employee provident fund (EPF) are few of the best sources to invest towards retirement as they provide not just good returns but also tax benefits. Investors can look forward in earning good returns in a healthy way by investing in these instruments.