Smart Finance, Investment & Budgeting with AI
EPF automated account switch: The Workers’ Provident Fund Organisation (EPFO) presents a handy resolution for its members when altering jobs: automated switch of EPF accounts. Regardless of its usefulness, this facility stays comparatively unknown.As per an ET report, the automated switch simplifies the method for EPF members switching jobs, enabling…
Workers’ Provident Fund Tax Advantages: It’s that point of the 12 months when it’s a must to select between the previous and the brand new revenue tax regime in order that your employer will begin reducing TDS from the April wage. When understanding the tax exemptions out there underneath the…
Updating EPF account KYC on-line: The Staff’ Provident Fund Organisation (EPFO) has launched a web-based function on its Member e-Sewa portal, permitting EPF members to finish their KYC (Know Your Buyer) course of and proper particulars of their provident fund accounts. This new facility, named “joint declaration,” simplifies the method…
Tax-saving investments FY 2023-24: The deadline for tax-saving investments this fiscal 12 months is arising, ending on March 31, 2024. When selecting an funding, take into account components like lock-in intervals, withdrawal situations, taxes on curiosity, and maturity quantities. For prime-income earners, the taxability of returns is vital. Taxable returns…
