This is an E-E-E instrument – meaning your contributions are deductible under Section 80C, interest earned is tax free and maturity proceeds are also tax free, provided contributions to the fund have been for more than 5 years of service. ...
There are ways for the Central Provident Fund to evolve to address concerns over retirement adequacy and the rising cost of living. Learn more.
An employee’s provident fund or EPF is created through contributions made by an employee and employer. Under the EPF scheme, both the employer and the employee have to make contributions every month. The employee will receive this money at the time of retirement or if you discontinue working ...
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 ...
Public Provident Fund (PPF) scheme is a long-term investment option which offers an attractive rate of interest from time to time and returns on the amount invested. The interest earned and the returns are not taxable under Income Tax. One has to open a PPF account under this scheme and ...
Open a Public Provident Fund Public Provident Fund (PPF) Calculator Investment Frequency Yearly Amount ₹ ₹500 ₹150000 Duration 15 Years 30 Years Interest Rate 7.10% * Interest Earned ₹12,12,139 Maturity Amount ₹27,12,139
"past service liability" (过去服务负债) has the same meaning as in section 2 of the relevant Ordinance; (29 of 2002 s. 14) "relevant date" (有关日期) means the date on which section 7 of the Ordinance comes into operation; "relevant employer" (有关雇主), in relation to an ORSO exe...