Provident Fund News

News

Government clarifies about PPF changes, urges public against misinterpretations; Here is what you need to know: Report

The Government, in response to the misinterpretations and misunderstandings over the Public Provident Fund (PPF) rules on social media, clarified the recent changes, reported CNBC TV-18 on Sunday, September 8.

1 min read8 Sep 2024
Money

PPF to Sukanya Samriddhi Yojana: New rules for small savings schemes from 1st October you should know

New guidelines from the Ministry of Finance aim to regularise irregular accounts in National Small Savings Schemes, impacting NSS, PPF for minors, and Sukanya Samriddhi accounts

1 min read8 Sep 2024
News

General provident fund interest rate unchanged at 7.1% for for April-June quarter

Eligibility for GPF includes government servants and re-employed pensioners; Interest rate for GPF and similar funds set at 7.1% from April to June 2024.

3 min read13 Jun 2024
Money

EPF: These are the services subscribers can avail on the unified member portal

On the EPF portal, subscribers can access their account details and make the changes (if necessary) relating to their contact details, KYC, nomination and even apply for claims.

2 min read30 May 2024
Money

Public Provident Fund: How to become a crorepati through simple investment?

The PPF is a useful retirement planning tool that provides long-term growth, tax advantages, and security. However, you should think about starting early, extending the PPF tenure, and possibly including other investment options in your strategy to improve your chances of becoming a crorepati.

2 min read30 May 2024
Money

Public Provident Fund: 4 hidden rules you should know

Public Provident Fund (PPF) is a tax-free investment with 7.10% interest rate, backed by the Government of India. It has a 15-year lock-in period calculated from the end of the financial year. Unveiling four lesser known facts about the PPF

4 min read27 May 2024
Money

EPF: How to check your balance on passbook? A step-by-step guide

A key prerequisite for being able to use this facility is that the members should be registered on the unified member portal.

1 min read23 May 2024
Markets

Dividend paying stock: Coal India dividend declared in FY24 beats PPF, bank FD, SSY returns

Dividend paying stock: Coal India shares rise over 100% in FY24

1 min read2 May 2024
Money

EPF passbook: How to withdraw EPF balance online? A step by step guide?

EPF withdrawal: The EPF subscriber can apply for partial withdrawal for a range of purposes which include marriage of self or child, medical needs, house purchase, home loan repayment, or house renovation

2 min read13 Apr 2024
Money

Rushing to invest in PPF before April 5? Here’s why it may not be a good idea

Investing in PPF is a good starting point for your investments, but hastily allocating all your savings to it each year or prioritising it over other potentially better investment options could be detrimental in the long run.

6 min read4 Apr 2024
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