Employee Provident Fund(EPF):Employee’s contribution is matched by Employer’s contribution(till 12%).The employer contribution is exempt from tax and employee’s contribution is taxable but eligible for deduction under section 80C of Income tax Act. The EPF amount earns interest as declared by ...
#4. Long-term goalsThere are many long-term goals such as Marriage or higher education that require the urgent availability of funds. The accumulated PF amount often comes handy during such occasions. #5. Emergency needsThere are certain unanticipated occasions like marriage or other family occasio...
Employees can now check their EPF balance through SMS or by giving a missed call. One such way which comes in handy at times when you do not have an active online connection is via SMS or missed calls. For this you will need to have an activated UAN number. In case you have a valid...
Union Budget 2021 proposal which comes into effect from 1 Apr 2021, that employee contributions made to the Employees’ Provident Fund (EPF) or exempted PF trusts above₹2.5 lakh would trigger taxability on the interest accrued on the amount above the threshold limit. The tax would eat into ...
60 I want to claim EPF but it asking me to upload 15 G form . I have doubt of P.Y what i need to specify either 2020 or 2021 and another thing there is no tax assessment of mine yet what I need to specify and in column 19 it was asking for section under which income taxable ...
Prospective purchasers are hereby notified that sellers of the GDSs may be relying on the exemption from the provisions of Section 5 of the Securities Act provided by Rule 144A under the Securities Act ("Rule 144A"). Outside the United States, the offering is being in reliance on ...
Select the Grievance category under which the complaint falls. Upload the Supporting documents in pdf format (maximum size of 1 MB) to clarify the complaint. Click on Browse, select the pdf file and click on Attach. Enter the Captcha( the pattern in the image ex bwex in the image below)...
Sure you should try to claim under COVID 19 option. One can withdraw a lower amount of the following: 1) 3 months of Basic wages and Dearness allowance. Check your Payslip for basic salary and Dearness allowance. 2)75% of EPF Corpus amount till now. The amount standing to the credit...
Currently, there is no other scheme that gives an assured return of around 8% and that too tax-free. EPF contribution happens before salary comes to the bank account so it is compulsory saving for retirement. You can open an NPS account and contribute to it at a personal level. So you ...