Page 4 - Epf

Govt cuts interest rates on small savings schemes effective from April 1

The rate of interest on PPF has declined from 7.1 per cent earlier to 6.4 per cent now

From taxation of EPF contributions to new wage code, what to expect in FY22

Here is a look at some of the salient ones

Rejig wage structure to benefit from EPF rule change, say analysts

If employer contribution is low, get salary restructured to enjoy higher tax-free interest

A dive into five contentious issues contained in Finance Bill, 2021

Govt may have to respond to concerns over equalisation levy, exporters issues, definition of the term 'liable to tax' and taxability of interest on employees' EPF contributions exceeding Rs 2.5 lakh

Interest on EPF taxable, partial withdrawal not allowed after retirement

Subscribers can withdraw the entire EPF corpus when they retire or when they have been unemployed for over two months

Wealthy PF investors may opt for debt funds as Budget changes tax rule

Budget proposes that interest on the PF contributions (employee contribution) above Rs 2.5 lakh per annum be taxable with from April 1, 2021

Budget debate: We care for poor and respect wealth creators, says FM

Budget is the instrument for Atmanirbhar Bharat, says FM Nirmala Sitharaman

Subscribers to get 8.5% EPF savings interest at one go on 'market boost'

The EPFO had decided that 8.15 per cent interest from its debt income would be credited immediately

HC rejects PIL claiming EPF Act not being followed while enrolling members

Delhi HC dismissed a PIL which claimed that the Employees' Provident Funds and Miscellaneous Provisions Act of 1952 and the schemes framed under it were not being followed while enrolling members

EPF subscribers cross pre-Covid level in July, but number may be overstated

Earlier, there was a net addition of 20,164 to EPF subscription in April, 172,174 in May. However, new data now shows subscribers shrank by 61,807 in April and addition in May was just 40,551

How 3 labour codes aim to reform employment contract, layoffs, work safety

Legal changes will grant contract workers equal statutory social security benefits as regular workers of a business

Strapped for cash? Dip into your EPF corpus only as the last resort

Sell off investments that you possess in a manner that your asset allocation is maintained

How to claim income tax deduction for investments made in April - July 2020

One of the key points to note while accounting for these investments made from April to July is that a deduction once claimed in FY20 on an investment made, cannot be claimed again for FY21

PPF, EPF, Sukanya Samriddhi: All you need to know about tax savings schemes

Individuals and HUFs can opt for a new tax regime from FY 2020-21 by giving up about 70 deductions/exemptions

Top headlines: FMCG market growth slump, YES Bank capital raising, and more

From FMCG market likely to witness slump, DoT asking telcos to list out spectrum demands to analysts predicting GDP fall to 3-decade low, Business Standard brings you top headlines of the day

Limit on employer's contribution to retirement plan: All questions answered

Contributions to NPS may need to be scaled down

Reduction in EPF contribution could pose as a risk in the long run

Employees need to save at least 20% of their gross salary to build a reasonable retirement corpus. The later you start, the more you need to save

Rs 4,000-cr EPF scam: Adityanath govt removes UPPCL chairman Alok Kumar

EPF Scam: Adityanath govt removes Chairman of Power Corporation

EPF scam: UP economic offence wing turns heat on Union Agriculture Secy

What makes matters worse for the top Union government Secretary is the mounting pressure from thousands of state government employees and labour unions to initiate action

Now workers can generate UAN from EPFO portal directly. Details here

At present, workers are required to apply through their employers to get the universal account number (UAN), which enables them to avoid filing PF transfer claims on changing jobs