The best way to transfer funds can be done through online means. In order to make PF transfers easy, EPFO has established the computer-connected, self-service gateway on 2ndOctober 2013. It facilitates for easy transfer claims and withdrawals by its members. Using this system, employees can mo...
In this tough situation too, my father not helping me, there were properties worth crores earned by my grandfather(part registered in the name of grandmother, part registered in the name of grandfather) he even transferred all the properties to his name and sold most of the properties without ...
Some differences between ETFs and mutual funds make them more well-suited to individual investors. Mutual funds, unlike ETFs, do not trade on stock exchanges, and their prices are calculated once a day after the markets close. ETFs can also be bought and sold in any amount, whereas mutual f...
In this form, you need to fill the address of the regional Pf commissioner, your name and company name. You have to also fill the correct particulars in the given column.Fill only those columns which need to be corrected. Leave all other column blank. Also, You need to submit document a...
Understanding Spousal Survivor Benefits in Pension Plans Apension planis a retirement account provided by an employer that pays out a fixed amount of money to the employee after they retire. Unlike other retirement savings vehicles such as401(k)sthat permit withdrawals only so long as money remain...
Organizations need to communicate the value of new infrastructure to all stakeholders to succeed. Private investors are keen to invest in infrastructure – in general it’s seen as safe investment and is particularly attractive to deep-pocketed institutions, such as pension funds. But how should ...
Calculating your annual net income rather than your salary is a better way to plan your budget. You get a more precise estimation of the money you have to operate with than just the salary amount, which isn't the same as what one can see in their savings or bank account....
Filing returns is presumed as a tedious and time-consuming task for most people. The amount of effort required to gather up all the documents, identifying the right form, eligibility, and ineligibility to file a particular form, are all the steps that instill a lot of anxiousness in minds of...
On 1 May 2017, Labour Day, EPFO announced thatall EPF Member’s who have activated their UAN and seeded their KYC (Aadhaar) with EPFO will be able to apply for PF Final Settlement (Form19), Pension Withdrawal Benefit (Form10-C) and PF Part Withdrawal (Form31) from the their UAN Inter...
In EPF, the interest earned is paid to the running balance of the month. Three aspects are essential in calculating the interest amount of PF opening balance, contributions throughout the year and any withdrawals during the year. Interest accrued over 12-months will be paid according to the ba...