If you file Income Tax Return (ITR) every year, then this news is of your use. This time, before filing ITR, definitely take a look at the changes made by the Income Tax Department. Income tax return forms for the financial year 2021-22 (Assessment Year 2022-23) have been issued by the Income Tax Department. This…
Read More “Taxpayers have must to give these information in ITR forms” »
The Goverment has kept the interest rates on small savings schemes like the PPF unchanged. That means for the quarter ending September 30, 2022 the PPF will earn an Interest rate of 7.1%. The Public Provident Fund (PPF) scheme, created in accordance with the Public Provident Fund Act of 1968, is a long-term investment plan…
The provisional payroll data of EPFO released on 20th May 2022 highlights that EPFO has added 15.32 lakh net subscribers in the month of March, 2022. Month-on-month comparison of payroll data shows an increase of 2.47 lakh net subscribers in March, 2022 comparing with the net additions during the month of February, 2022. Of the…
The provisional payroll data of EPFO released on 20th February 2022 highlights that EPFO has added 14.60 lakh net subscribers during December 2021. Comparison shows an increase of around 2.06 lakh in net payroll additions in December 2021 as compared to 12.54 lakh net subscribers added during the corresponding month previous year. For the month of…
Read More “14.60 lakh new net subscribers were epfo acquired in December 2021.” »
The provisional payroll data of EPFO released today highlights that EPFO has added around 15.41 lakh net subscribers during the month of September 2021. For the month of September 2021, the net subscriber additions have increased by 1.81 lakh as compared to the previous month of August 2021 when it was 13.60 lakh. Out of…
Read More “EPFO adds 15.41 lakh net subscribers in September, 2021” »
The provisional payroll data of EPFO released on 20th October, 2021 highlights that EPFO has added around 14.81 lakh net subscribers during the month of August, 2021. The data reflects a growing trend in net payroll for the first five months of the current financial year. For the month of August 2021, the net subscriber addition…
Read More “EPFO adds 14.81 lakh net subscribers in August” »
Public Provident Fund (PPF account) is a long-term investment option in which the risk is low and the confidence is high. The maturity of PPF is 15 years. Being a central government scheme, it gives guaranteed returns. Which is more than the return on other low risk investments. That’s why PPF account can be closed…
The Employees’ Provident Fund Organization (EPFO) has made a new announcement to provide relief to its subscribers during the second wave of the Covid-19 pandemic. Now you can avail the non-refundable (non-refundable) Covid-19 advance for the second time from your PF account. The provision of special clearance was made for the first time in March,…
Read More “EPFO Allows to available second covid-19 advance to Member” »
Let us now explain how interest is calculated. Interest on PPF is calculated on the amount in the account from the 1st to the 5th of every month. That is, if you put money in PPF account till 5th of any month, then that money will get interest in the same month, but if you…
Read More “Know Process of save income tax and get more Interest on PPF?” »
EPFO New Guidelines: Retirement Fund body, Employees Provident Fund Organization (EPFO) has given this facility to its employees earlier that if there is any mistake in their PF account then it could be rectified online. For this, you did not even have to make rounds of the office. According to the EPFO, you could improve…
