you can see several positive impacts on an individual’s life. An investor can only visualize the major positive impact of EPF in their retirement life. The steady monthly income or lump sum withdrawal from the EPF account helps them become self-reliant for their expenses. So they don’t hav...
Before EPF Withdrawal Online Before you start the withdrawal process make sure all your previous PF accounts are merged into one. The total service in the present and previous organisations will be taken into account and therefore, it is advisable to merge your accounts. One can do Full or Par...
EPFO or Employees’ Provident Fund Organisation on 21 Feb 2018 announced an interest rate of 8.55 for the year FY 2017-18 as compared to 8.65percentinterest rate given to subscribers in 2016-17, and 8.8percentinterest offered in 2015-16. The proposal was sent to Finance ministry. The proposed...
The gratuity received by an employee is NOT taxable if it is received on his retirement, his becoming incapacitated prior to retirement or if such gratuity is received by his widow, children or dependants on his death. So if one doesn’t retire and is below the retirement age then Gratuity...