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  • April 1: Money Changes That Will Impact Your Year Ahead Apr 01, 2021 09:54 AM IST

    April 1: Money Changes That Will Impact Your Year Ahead

    From the new tax rates on your Employees’ Provident Fund to relief to senior citizens over 75 years of age from filing income-tax returns, here are all the money changes and rules effected April 1.

  • EPF rule tweaked: Now, earn tax-free interest on contributions of up to Rs 5 lakh Mar 23, 2021 10:19 PM IST

    EPF rule tweaked: Now, earn tax-free interest on contributions of up to Rs 5 lakh

    Limit on tax-free employees' provident fund contributions raised from Rs 2.5 lakh announced in Union Budget 2021

  • 6.5% EPF accounts closed during April-December amid COVID-19 Mar 16, 2021 09:34 AM IST

    6.5% EPF accounts closed during April-December amid COVID-19

    The report added that the number of partial withdrawals doubled to 1.3 crores in 2020 as compared to 54.4 lakhs in 2019.

  • Here's how you can close EPF account? Mar 13, 2021 11:34 AM IST

    Here's how you can close EPF account?

    The EPFO has the dual role of being the enforcement agency to oversee the implementation of the EPF & MP Act and as a service provider for the covered beneficiaries throughout the country.

  • If PF contributions of defence forces become taxable, here are some alternatives Mar 11, 2021 11:16 AM IST

    If PF contributions of defence forces become taxable, here are some alternatives

    The Budget has made interest on PF contributions beyond Rs 2.5 lakh taxable. If the rule is made applicable to the defence forces as well, here are other avenues to invest

  • Will VPF remain attractive option after new tax rules? Mar 08, 2021 05:07 PM IST

    Will VPF remain attractive option after new tax rules?

    From April 1, if the employee's contribution to PF - statutory or voluntary - exceeds Rs 2.5 lakh a year, then the interest earned on this excess contribution will become taxable at the prevailing income tax rates.

  • Code of Wages: Lower take-home pay today, for a larger retirement corpus tomorrow Feb 23, 2021 10:43 AM IST

    Code of Wages: Lower take-home pay today, for a larger retirement corpus tomorrow

    The government's new wage code requires basic pay to be 50 percent of your total salary. Provident fund deductions will, therefore, increase.

  • Finance Minister Nirmala Sitharaman says EPS tax limit ‘can be reviewed’ Feb 22, 2021 11:17 AM IST

    Finance Minister Nirmala Sitharaman says EPS tax limit ‘can be reviewed’

    Sitharaman has also said there is no plan to merge EPF with the National Pension Scheme and they will continue to remain in their present forms.

  • EPF interest in tax net: Where should high-income earners invest for retirement now? Feb 16, 2021 10:35 AM IST

    EPF interest in tax net: Where should high-income earners invest for retirement now?

    Employees earning high salaries can opt for a mix of EPF, PPF and NPS to optimize returns

  • Tax on EPF interest: How will TDS be applied? Feb 09, 2021 09:33 AM IST

    Tax on EPF interest: How will TDS be applied?

    The income tax department has indicated that interest income from provident fund contributions over Rs 2.5 lakh will be taxed like fixed deposit interest

  • Budget’s EPF tax googly: Should you rework your retirement strategy? Feb 04, 2021 09:30 AM IST

    Budget’s EPF tax googly: Should you rework your retirement strategy?

    Interest earned on provident contributions of Rs 2.5 lakh in a year will now be taxed. Is it time to look for alternatives?

  • Budget 2021: Interest income on annual EPF contributions above Rs 2.5 lakh to be taxed Feb 01, 2021 03:21 PM IST

    Budget 2021: Interest income on annual EPF contributions above Rs 2.5 lakh to be taxed

    A larger contribution to your Employees’ Provident Fund will be taxed

  • EPFO should have a cautious approach towards equity Jan 22, 2021 11:58 AM IST

    EPFO should have a cautious approach towards equity

    Given the long-term outlook, investing only in debt instruments may not help to beat cost inflation. The added exposure to equity through ETFs may provide the additional boost to generate higher rate of returns subject to market risk

  • NPS versus EPF: Which is the better retirement investment? Jan 21, 2021 05:27 PM IST

    NPS versus EPF: Which is the better retirement investment?

    Though both the NPS and EPF are overseen by the government, they differ from each other on various parameters

  • The nuts and bolts of EPFO Jan 21, 2021 05:23 PM IST

    The nuts and bolts of EPFO

    Moneycontrol takes a deeper dive into the EPFO and its schemes, and explores what does it do and what its benefits are.

  • Voluntary Provident Fund: Here’s how you can increase your retirement corpus Jan 21, 2021 05:16 PM IST

    Voluntary Provident Fund: Here’s how you can increase your retirement corpus

    Secure and tax-efficient, VPF can give a significant boost to your retirement corpus

  • EPFO’s poor returns from equities: Blame it on the choice of ETFs Jan 21, 2021 05:15 PM IST

    EPFO’s poor returns from equities: Blame it on the choice of ETFs

    EPFO’s decision to invest in equities was the right one. But its decision to include CPSE ETF and Bharat-22 ETF hasn’t worked well

  • How the EPFO can improve as India’s largest social security provider Jan 21, 2021 05:14 PM IST

    How the EPFO can improve as India’s largest social security provider

    EPFO needs to reform itself on three broad counts: design, governance, and management information systems

  • Starting late for your retirement saving? Here’s how you can catch up Jan 18, 2021 09:20 AM IST

    Starting late for your retirement saving? Here’s how you can catch up

    Everyone should begin saving for retirement no matter how old they are

  • Govt sticks to 8.5% as EPF interest rate for FY20; Redeems ETF units up to Dec 31 2020 instead of March 31 2020 to meet the 8.5% commitment Dec 31, 2020 04:37 PM IST

    Govt sticks to 8.5% as EPF interest rate for FY20; Redeems ETF units up to Dec 31 2020 instead of March 31 2020 to meet the 8.5% commitment

    Gains from ETF sales stood at around Rs 3,000 crore which helped the government meet FY20 EPF rate of 8.5 percent. The 8.5% interest would comprise 8.15% from debt income and balance 0.35% (capital gain) from the sale of ETFs (exchange traded funds) subject to their redemption by 31st December, 2020.

  • EPFO likely to credit 8.5% interest for 2019-20 in EPF accounts, here's how to check balance Dec 16, 2020 10:11 PM IST

    EPFO likely to credit 8.5% interest for 2019-20 in EPF accounts, here's how to check balance

    The Labour Ministry has sent a proposal to the Finance Ministry to give concurrence to credit 8.5 percent rate of interest on EPF for 2019-20 earlier this month.

  • New code of wages: Your provident fund and gratuity components are set to rise Dec 10, 2020 02:35 PM IST

    New code of wages: Your provident fund and gratuity components are set to rise

    But if your salary is over Rs 15,000 the new Code of Wages may not materially impact your salary

  • Finance Minister’s EPF relief: In-hand salary for new, rehired employees set to increase Nov 12, 2020 05:03 PM IST

    Finance Minister’s EPF relief: In-hand salary for new, rehired employees set to increase

    The EPF benefit is restricted to low-income employees drawing a salary of up to Rs 15,000 per month

  • EPFO subscribers may get first tranche of interest by Diwali; here is how to check account balance Oct 10, 2020 07:10 PM IST

    EPFO subscribers may get first tranche of interest by Diwali; here is how to check account balance

    To get the EPF details, the subscribers’ UAN number and bank account should be linked to their permanent account number and Aadhaar card.

  • The Code on Social Security, 2020: How it impacts wages and benefits of employees Oct 09, 2020 09:48 AM IST

    The Code on Social Security, 2020: How it impacts wages and benefits of employees

    The new code has new rules for contribution to social security and payment of employee benefits, including retirement benefits

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