#MCPersonalFinance: #Budget2021 made interest on #EPF contributions of above Rs 2.5L a year #taxable. This means that those earning high salaries need to rework retirement strategies. We bring you some #investment alternatives.
https://www.moneycontrol.com/news/business/personal-finance/epf-interest-in-tax-net-where-should-high-income-earners-invest-for-retirement-now-6519231.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/personal-finance/epf-interest-in-tax-net-where-should-high-income-earners-invest-for-retirement-now-6519231.html?utm_source=telegram&utm_medium=social
Moneycontrol
EPF Interest In Tax Net: Where Should High-income Earners Invest For Retirement Now?
Employees earning high salaries can opt for a mix of EPF, PPF and NPS to optimize returns
Moneycontrol
#JUSTIN | EPFO announces interest rates on Provident Fund deposits for the financial year 2020-21. Details below ⤵️ https://www.moneycontrol.com/news/india/epfo-board-recommends-8-5-interest-for-2020-21-6603201.html?utm_source=telegram&utm_medium=social
The Moneycontrol EPF Guide 💸 Check out our complete guide to #EPF & how one of the best investments to build a tidy retirement corpus works!
Click here: https://moneycontrol.com/news/personal-finance/epfo/
Click here: https://moneycontrol.com/news/personal-finance/epfo/
Moneycontrol
EPFO | Employees’ Provident Fund | EPF Guide Moneycontrol
EPFO: Read latest EPFO news, updates and complete guide on Moneycontrol. Employees Provident Fund Organisation, EPFO Portal Login, EPFO Passbook, EPF Passbook, EPFO unified portal employer and many more.
#MCPersonalFinance: Linking your EPF's unique account number with #Aadhaar is mandatory. If not done, your employer may not be able to deposit your monthly #EPF deductions, nor can you withdraw from your provident fund account.
https://www.moneycontrol.com/news/business/personal-finance/aadhaar-not-linked-to-epf-account-your-installments-will-not-get-credited-7001001.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/personal-finance/aadhaar-not-linked-to-epf-account-your-installments-will-not-get-credited-7001001.html?utm_source=telegram&utm_medium=social
Moneycontrol
Aadhaar Not Linked To EPF Account? Your Provident Fund Deposits Will Not Get Credited
Your access to EPF benefits will be suspended until the process is completed. Remittances to your account that will be affected
#MCPersonalFinance: The deadline to link the #EPF's UAN with Aadhaar has been extended by a couple of months. Link the two immediately to avoid last-minute hassles. Here's how you can link the UAN and #Aadhaar online.
https://www.moneycontrol.com/news/business/personal-finance/link-your-provident-fund-uan-with-aadhaar-here-are-the-steps-to-follow-7052351.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/personal-finance/link-your-provident-fund-uan-with-aadhaar-here-are-the-steps-to-follow-7052351.html?utm_source=telegram&utm_medium=social
Moneycontrol
Link Your Provident Fund UAN With Aadhaar: Here Are The Steps To Follow
You link the two through the EPFO member portal. Activate your UAN if you haven’t already and log into the account.
#MCPersonalFinance: The interest credit for the #ProvidentFund happens well over halfway into the next year.
Here's an explainer on the bureaucratic processes that delay #EPF interest credit every year.
https://www.moneycontrol.com/news/business/personal-finance/explained-why-the-interest-credit-to-your-epf-account-gets-delayed-every-year-7673441.html?utm_source=telegram&utm_medium=social
Here's an explainer on the bureaucratic processes that delay #EPF interest credit every year.
https://www.moneycontrol.com/news/business/personal-finance/explained-why-the-interest-credit-to-your-epf-account-gets-delayed-every-year-7673441.html?utm_source=telegram&utm_medium=social
Moneycontrol
Explained: Why the interest credit to your EPF account gets delayed every year
The central board of trustees meets in March to announce the interest rate for the financial year, and the proposal is then forwarded to the finance ministry for ratification
#MCPersonalFinance: The interest credit for the #ProvidentFund happens well over halfway into the next year.
Here's an explainer on the bureaucratic processes that delay #EPF interest credit every year.
https://moneycontrol.com/news/business/personal-finance/explained-why-the-interest-credit-to-your-epf-account-gets-delayed-every-year-7673441.html?utm_source=telegram&utm_medium=social
Here's an explainer on the bureaucratic processes that delay #EPF interest credit every year.
https://moneycontrol.com/news/business/personal-finance/explained-why-the-interest-credit-to-your-epf-account-gets-delayed-every-year-7673441.html?utm_source=telegram&utm_medium=social
Moneycontrol
Explained: Why the interest credit to your EPF account gets delayed every year
The central board of trustees meets in March to announce the interest rate for the financial year, and the proposal is then forwarded to the finance ministry for ratification
#MCPersonalFinance: The interest credit for the #ProvidentFund happens well over halfway into the next year.
Here's an explainer on the bureaucratic processes that delay #EPF interest credit every year.
https://moneycontrol.com/news/business/personal-finance/explained-why-the-interest-credit-to-your-epf-account-gets-delayed-every-year-7673441.html?utm_source=telegram&utm_medium=social
Here's an explainer on the bureaucratic processes that delay #EPF interest credit every year.
https://moneycontrol.com/news/business/personal-finance/explained-why-the-interest-credit-to-your-epf-account-gets-delayed-every-year-7673441.html?utm_source=telegram&utm_medium=social
Moneycontrol
Explained: Why the interest credit to your EPF account gets delayed every year
The central board of trustees meets in March to announce the interest rate for the financial year, and the proposal is then forwarded to the finance ministry for ratification
#MCPersonalFinance | #Budget2021’s unkind #taxcut for employees contributing over Rs 2.5 lakh to their #PF prompted financial planners to recommend a switch to #NPS.
Here’s how your retirement kitty changed in 2021 by Preeti Kulkarni at
https://www.moneycontrol.com/news/business/personal-finance/tax-on-epf-more-options-in-nps-how-your-retirement-kitty-changed-in-2021-7861111.html
#EPF #invest
Here’s how your retirement kitty changed in 2021 by Preeti Kulkarni at
https://www.moneycontrol.com/news/business/personal-finance/tax-on-epf-more-options-in-nps-how-your-retirement-kitty-changed-in-2021-7861111.html
#EPF #invest
Moneycontrol
Tax on EPF, more options in NPS: How your retirement kitty changed in 2021
Budget 2021’s unkind tax cut for employees contributing over Rs 2.5 lakh to their provident fund prompted financial planners to recommend a switch to NPS
#MCExclusive | Retirement fund manager #EPFO is aiming to achieve 100% registration of e-nominations to #PF accounts where it is missing, at least 40% of the active #EPF subscriber accounts are without nominations.
Prashant K Nanda ✍️ at
https://www.moneycontrol.com/news/business/economy/exclusive-epfo-aims-to-achieve-100-e-nomination-by-february-makes-it-crucial-for-pf-withdrawal-7878801.html?utm_source=telegram&utm_medium=social
#ENomination #retirement
Prashant K Nanda ✍️ at
https://www.moneycontrol.com/news/business/economy/exclusive-epfo-aims-to-achieve-100-e-nomination-by-february-makes-it-crucial-for-pf-withdrawal-7878801.html?utm_source=telegram&utm_medium=social
#ENomination #retirement
Moneycontrol
Exclusive: EPFO aims to achieve 100% e-nomination by February, makes it 'crucial' for PF withdrawal
At least 40 percent of the active EPF subscribers' accounts are without nominations, and the pension fund body believes that this needs to be plugged on a priority
#MCPersonalFinance: #EPFO rules prohibit withdrawing your corpus during your employment years, barring a few emergencies. In reality, the #EPF corpus will grow big silently in the background if left untouched.
Read:
https://www.moneycontrol.com/news/business/personal-finance/withdrawing-your-employees-provident-fund-corpus-is-a-mistake-you-must-avoid-8266151.html?utm_source=telegram&utm_medium=social
Read:
https://www.moneycontrol.com/news/business/personal-finance/withdrawing-your-employees-provident-fund-corpus-is-a-mistake-you-must-avoid-8266151.html?utm_source=telegram&utm_medium=social
Moneycontrol
Withdrawing your Employees’ Provident Fund corpus is a mistake you must avoid
Employees’ Provident Fund Organisation rules prohibit withdrawing your corpus during your employment years, barring a few emergencies. Making withdrawals due to sabbaticals or entrepreneurial pursuits is an easy way out. In reality, the EPF corpus will grow…
#MCPersonalFinance | Year after year there's been a delay in #EPF interest getting credited to your accounts, even when banks - even PSU ones - credit interest on time.
Mukul Asher tells us why the delay occurs and what should be done. Read 👇
https://bit.ly/3RzjTMc
Mukul Asher tells us why the delay occurs and what should be done. Read 👇
https://bit.ly/3RzjTMc
Moneycontrol
Dear EPFO, where is my interest?
If there is a delay in crediting interest by, say, four months every year, over a work career spanning 25 years, it implies that for 100 months the interest on balances was not earned, which reduces retirement income.
#MCPersonalFinance: The #EPF subscribers have been in a tizzy in the past few days as the passbook facility hasn’t been working of late.
However, since earlier today, the website says that ‘e-passbook facility will be available today from 5 pm onwards’.
https://bit.ly/3w02h3L
However, since earlier today, the website says that ‘e-passbook facility will be available today from 5 pm onwards’.
https://bit.ly/3w02h3L
Moneycontrol
EPFO’s e-passbook facility still down as on January 13
The e-passbook facility provided by the Employees’ Provident Fund Organisation is a popular one where subscribers can check monthly contributions being by their employers as well as employee contribution and their overall EPF balance.