With all the processes related to the Employee Provident Fund being online, UAN or Universal Account Number has become the only key to operate the online EPF portal. The introduction of UAN has made processes like PF withdrawal, checking PF balance, application for loan against PF, etc. very easy and feasible for individuals. The UAN…
हिंदी में पढ़े EPF is the main scheme managed by the Employees’ Provident Fund Organization (EPFO) under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, to provide social security cover to the members. The scheme generally covers employees of every organization in which 20 or more persons are employed. Employees enrolled under the EPF…
हिंदी में पढ़ें GPF or General Provident Fund is a savings scheme available to government employees. EPF or Employees’ Provident Fund is a savings scheme available to employees in companies with more than 20 workers. PPF or Public Provident Fund is available to everyone – whether employed, self-employed or unemployed. Criterion GPF EPF PPF Eligibility…
Public Provident Fund is a Government-backed saving scheme which also offers tax-rebate under section 80C. The interest payable on PPF account is revised and paid by the government for every quarter. For October – December Q3 FY 2024-25, the applicable interest rate is 7.1%. PPF accounts can be opened with nationalised banks, major private banks such…
Sukanya Samriddhi Yojana is a small saving scheme regulated by the Indian Government for the welfare of the girl child. The accounts under Sukanya Samriddhi Yojana can be opened with different banks in India. These banks are given the authority by the Indian Government to open SSY accounts with a minimum deposit of Rs.250. The…
