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But before moving forward, please take the note of earlier notification which I explained in my blog post “ Tax on EPF after resign, retire or terminated ” for better understanding of taxation on EPF ...
You will notice that the major portion of your employer contribution will go towards the Employee Pension Scheme (EPS). However, the majority of employees are ignorant about this. Few features of ...
Considering this new Payment of Gratuity (Amendment) Bill, let us see the new rules, eligibility, the formula to calculate, taxation and also the calculator. Gratuity is nothing but a favorable BONUS ...
If you are a regular visitor to my blog, you may have observed that I annually share my list of funds. In line with this ongoing trend, I am presenting my selection of the Top 10 Best SIP Mutual Funds ...
Now the biggest confusion arises is, what you will receive after the maturity. Usually in all LIC policies you will receive Sum Assured+Accrued Bonus+Final Additional Bonus if any. But in this plan ...
Note:-Refer our latest post “ How to cancel or stop ECS NACH mandate? “. From 1st May, 2016 you have to use this facility to give auto instruction of debit from your bank account. ECS mandate will go ...
The age for joining the New Pension Scheme (NPS) is 18-60 years. Whereas for Atal Pension Yojana (APY) the age eligibility is 18-40 years. 2) Who can join? All Indian citizens can join NPS (whether ...
You noticed that the maximum coverage is Rs.50,00,000 only. Also, the maximum entry age is 65 years. You can buy this plan ONLINE. Policy can be assigned under as per Sec 38 of Insurance Act 1983.
Benefit options in HDFC Life Sanchay Plus This plan offers four types of Benefit Options. They are as below. I am taking the example of a person whose age is 30 years and the yearly premium of ...
Hence, try to understand the Income Tax on Gift in India. What is the meaning of Gift? A receipt of sum of money or property (immovable property like land or building or both, shares and securities, ...
Before we proceed, there are two confusions for many of us. The first one is that how long one will earn the interest rate on his EPF after resign, retire or terminated. The second one is the tax on ...
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