Many people believe that since VPF is voluntary, the sum can be withdrawn after five years, without any restrictions. Nothing could be further from the truth.
3 min read14 Apr 2025PPF news: Earlier post offices and banks charged ₹50 to update PPF nominee details. Under the new rules, this fee has been removed. Finance Minister Nirmala Sitharaman informed PPF account holders about the good news
2 min read3 Apr 2025If you wish to invest more than ₹1.5 lakh a year in the Public Provident Fund, you can do so by gifting money to members of your immediate family and investing it in their PPF accounts.
2 min read3 Apr 2025Provident Fund (PF) investors will be able to withdraw more money from their accounts as the Centre is likely to increase the EPFO claim limit to ₹5 lakh, up five times compared to the current levels of ₹1 lakh.
2 min read31 Mar 2025The Ministry of Finance’s Department of Economic Affairs has announced that the interest rates on small savings schemes for the April-June quarter of the financial year 2025-26 remain unchanged.
1 min read28 Mar 2025PF integration with India’s most popular bank-transfer platform would come as big relief for the retirement scheme’s subscribers. It’s their own saved-up money and they need far easier access to it.
1 min read27 Mar 2025EPFO claims: EPFO has established a centralized database. The next step is to incorporate UPI into the system. Officials have received suggestions from the NPCI regarding the integration
2 min read25 Mar 2025PPF allows partial withdrawals, loans and even premature closure. But they are governed by various rules and conditions.
4 min read20 Mar 2025The EPFO calculates the pension amount on a pro-rata basis, splitting the service period into pre and post 1 September 2014 periods. The methadology can reduce a person’s pension by up to 30%.
7 min read27 Feb 2025Small savings schemes: The interest rates for small savings schemes have remained unchanged for the last four quarters. The government last made changes for some schemes in the fourth quarter of last fiscal.
2 min read31 Dec 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared