Another type of pension scheme in Japan is the employee pension fund (EPF) structure, which provides private pension benefits but also manages a portion of the public pension scheme (the Employee Pension Insurance (EPI)). An analysis of the treatment of employee pension and wage claims in insol...
a person living in India can invest in the stock market of the USA which is beyond their domestic boundaries, in Rupees. It enables Indian investors to enjoy the benefits of geographical diversification by reducing their risks and improving
Your PF Account Number is a unique 22-digit alphanumeric code assigned by your employer when you join a company that offers EPF benefits. It acts like a key to your EPF account, keeping track of your monthly contributions (by you and your employer), interest earned, and your overall balanc...
ETFs is one of the better ways of passive investment. Although, we are a developing economy, so, there are a lot of opportunities available for the actively managed funds to create an alpha. Nevertheless, as the market becomes more efficient, we may see the alpha generated by the active fu...
If you are still processing all the information given, a detailed breakdown of the UAN number would certainly help you, so read on. We will explain the UAN number, its requirements, how to generate a UAN, features, benefits, and many more aspects around UAN. ...
After understanding what is EPF, you must also know its benefits. Having an EPF will benefit you in several situations that require money. Given below are some major benefits you get from your EPF contributions. High Interest Rate The current interest rate of EPF is 8.1% which is much higher...
Moreover, CTC in salary is not the employee’s net income; instead, it considers other additional services provided to an employee as livelihood necessities and security. These additional benefits could be allowances, statutory additions, performance bonuses, gratuity, reimbursements, etc. Keeping the...
Advance tax is one of the major tools used by the Govt. to collect tax from the assesses all over India. This prepaid form of tax is designed in such a way that an assessee is made to pay tax to the Govt. in a ‘Pay as You Earn Scheme’. This mainly aims at reducing the last...
Gross Salary: is the amount of salary paid after adding all benefits and allowances and before deducting any tax. Net Salaryis what is left of your salary after deductions have been made. Take Home Salary: Is usually the Net Salary unless there are some personal deductions like loan or bond...
It follows RBI guidelines for interoperability, mobile banking and also leverages Kisan Credit Card scheme. You can link your bank account to it. Some of National schemes linked to it are :Indira Awaas Yojna; Integrated Child Development Services; Janani Surakshan Yojna; MNREGA; NREGS...