Once the deadline for investing in equity instruments has elapsed, individuals can consider opting for non-equity financial instruments before March 31st.
1 min read12:58 PM ISTA variety of reasons, from inaccurate KYC details to incorrect documentation, can hamper withdrawal of funds
6 min read12 Mar 2024The rate of rejection by the Employees' Provident Fund Organisation (EPFO) rose from 13 percent to 34 percent in 5 years
1 min read24 Feb 2024EPFO members nominate family for provident fund distribution. Legal heirs inherit funds if no nominee is declared. Recent Supreme Court ruling prioritizes succession laws over nomination process for fund distribution.
2 min read21 Feb 2024Complaints should be submitted to the provident fund organisation with necessary proof
6 min read20 Feb 2024As the tax benefit is now foregone for an individual opting for new tax regime, he/she needs to evaluate afresh investment decision based on three fundamental principles of safety, liquidity and return.
4 min read30 Jan 2024The Employees' Provident Fund Organization (EPFO) has announced that the Aadhaar card will no longer be accepted as proof of date of birth, following a directive from the UIDAI.
1 min read18 Jan 2024The government has approved an 8.15% interest rate for the Employees Provident Fund (EPF) scheme for the financial year 2022-23. Members can check their EPF balance through the official website, text messages, missed calls, or the Umang App
2 min read26 Jul 2023To accumulate ₹2 crore in 7 years, you need to invest ₹1.33 lakh per month or ₹1.2 lakh per month, if we assume returns of 10% p.a. and 12% p.a., respectively.
2 min read25 Jul 2023The accumulated PF balance to the credit of the employee as on the date of cessation of employment, is exempt from tax, if he/she has rendered continuous service for five years or more.
2 min read18 Jul 2023The 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
Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.