With respect to extension of lockdown in the country, EPFO has decided to postpone the payment of March contributions till May 15. This decision is taken to provide relief to the subscribers of social security schemes run by the Employee Provident Fund Organisation (EPFO). The March contributions due on April 15 have now been extended…
Note: NPS related information on this page may not be updated. For latest information, click here. As the financial year comes to an end, all salaried employees get themselves working on their investments that help in tax deduction. It is better to plan your finances well in advance than wait for the year to end….
On March 31, 2020, the government announced a steep cut in the interest rates on small saving schemes. Public Provident Fund (PPF) will now fetch 7.1% interest rate for Q1 2020-21 (April to June). Likewise, interest rates on other saving schemes like Sukanya Samriddhi Yojana and National Savings Certificate also dropped by 0.8% and 1.1%…
Pension receivable under EPS is set to increase significantly for private employees after the Supreme Court verdict dismissed a special leave petition filed by the EPFO (Employees Provident Fund Organisation). The special leave petition from EPFO was made against a Kerala high court judgement that instructed that pension pay out under EPS (Employees’ Pension Scheme)…
The Post Office has launched an online investment facility for several of the schemes and accounts that you can open with it. The facility has been made available for Post Office Savings Account, Post Office Term Deposit, Recurring Deposit, Public Provident Fund (PPF) and National Savings Certificate (NSC). Eligibility for starting online Post Office Investments…
