Pension under EPFO ​​may increase up to 5 times! Government will decide this week

Retirement Plan

To increase the scope of Atal Pension Yojana (APY) and additional tax exemption in the National Pension Scheme (NPS) can also be announced. Finance Minister Nirmala Sitharaman (FM Nirmala Sitharaman) will present the budget of 2020-21 on 1 February. This is the first time that the government is presenting the budget on Saturday. Employees who fall under the Employees Provident Fund Organization (EPFO) Employee Pension Scheme (EPS) can get good news in the Budget 2020. Finance Minister Nirmala Sitharaman can announce increase in Minimum Amount under EPS. Experts believe that…

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The government can give a big gift on loan moratorium on Diwali, interest will be waived on select loans!

Cash in Hand

The central government has agreed to waive interest on the interest in the loan moratorium, although it may take time to make its official announcement. In the Modi cabinet meeting, the government has decided to give a big gift to the common people. There are reports that the Central Government has agreed to waive interest on the interest in the loan moratorium, although it may take time to make its official announcement. The loan moratorium case is currently pending in the Supreme Court. Because of this, the Modi government has decided that…

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Income Tax Filing mistakes: Avoid these errors while filing returns or you may get a notice

Tax Return

While claiming deductions, it is important to have proper knowledge of tax rules. Getting a tax notice, that too after paying taxes and filing the ITR, is the last thing you would want. But it happens. Over the last few years, income tax return (ITR) filing has become a completely online process. However, as you are required to fill various details and follow different steps while filing your ITR, there are chances of making mistakes or filling the wrong information. For instance, you may choose a wrong ITR form altogether,…

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Your salary is up to Rs 25,000, then these facilities will be available for free

Money in Hand

If your salary is very less, then this news is very good for you. When salary is low, we get demoralized because the facilities are not able to get due to salary. But the good thing is that even those who get less salary will now get all the facilities and benefits. Let us know that do not be disappointed when you get a salary of up to Rs 25,000 only. Because at a contribution of just 25 rupees, the government will provide you 19 types of facilities including study,…

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How Can You Update And Check KYC Status of Your PF Account?

EPFO

A significant step in ensuring a smooth use of one’s provident fund account is the ratification of KYC niceties. Once the KYC details are authenticated and linked with the PF account, it becomes simpler to transfer the account or view the passbook, etc respectively. Such transfer and withdrawal take place through the EPFO Unified Portal only if the employee has an active UAN, and he or she has updated KYC specifics.  Presently, without the employer’s certification, the employee can submit three types of claims: Form-19, 10C and 31. Employees need UAN (Universal Account Number) to modify or alter the KYC (Know Your Customer) details on the UAN EPFO portal. You can log in to the EPFO UAN portal and modify KYC by uploading the appropriate documents online. EPFO has also introduced…

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EPFO: You can withdraw money from PF without UAN number, know how to apply

EPFO

If you also want to withdraw advance, full or little money from provident fund (PF) but you do not have a UAN number, you can still withdraw your PF. For this, you have to fill a form which has to be submitted to the EPFO ​​office. However, extracting PF in this manner may result in circling the office of the EPFO. Paperwork will go to EPFO ​​and you have to fill the form to get PF. You will also get this form from the EPFO ​​website or your office. With…

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Big news about LPG cylinder without subsidy, know what is the rate of your city

LPG Gas Cylinder

LPG Cylinder Price: LPG prices were increasing for the last two months, so it was believed that there will be a huge increase in the price of LPG gas this month too, but during the festivals, petroleum companies have given good news to the common people. . There was no change in the prices of non-subsidized LPG in August. According to the IOCL website, the capital city of Delhi has a subsidy of Rs 594. Last month too, people were getting LPG at the same price in Delhi. Whereas in…

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Want To Make Premature Exit Or Partial Withdrawal From Your PPF Account? Check Rules Here.

The Public Provident Fund (PPF) is among the most popular long-term capital-generating saving strategies offered by banks. PPF enables you to make partial withdrawals before the end of the maturity tenure of 15 years. In some circumstances, premature withdrawal or exit can also be requested by the PPF account holder. PPF, however, has set some premature exit and partial withdrawal guidelines that you need to remember. Well, let’s look at it.   PPF guidelines applied for making a partial withdrawal Generally, withdrawals are allowed within the maturity term of 15 years…

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