Covid-19: What will be the tax on withdrawing money from EPF? You can withdraw 75 percent of the balance in the EPF member account or your basic salary and dearness allowance of three months (whichever is less).
शिक्षकों पर ग्रेच्युटी अधिनियम – पात्रता! यहां मैं चार्टर्ड एकाउंटेंट्स / फाइनेंस पर्सनालिटीज और मैनेजमेंट पर्सन के बीच जागरूकता के लिए लिख रहा हूं। .201 07.03.2019 को सुप्रीम कोर्ट के जजमेंट के तहत ‘ग्रेच्युटी ऑफ ग्रेच्युटी एक्ट 1972’ के तहत स्कूलों में ग्रेच्युटी बेनिफिट्स के लिए शिक्षकों की योग्यता के बारे में। मैं स्कूलों द्वारा […]
6 Reasons You Shouldn’t Run Your Payroll In Excel Sheets Payroll is a common occurrence across all organizations, irrespective of their size or shape. It is a well-known fact that running a payroll manually requires a lot of work, time and dedicated effort from HR and Finance teams.
Withdrawal rules of provident fund account Provident Fund is a product which helps salaried people to accumulate funds while they are earning for the period the income flow stops. So generally it is not supposed to be withdrawn before its maturity and jeopardise one’s retirement. However there are circumstances when resorting to the money accumulated […]
Things you should know about car insurance Policy A car insurance policy offers several benefits and flexibility which could do wonders for you. But for availing such benefits of car insurance, you should be totally aware of, otherwise, you might be left with a policy that would prove to be inept when you would need it […]
Employees’ Provident Fund – All you need to know The Employees’ Provident Fund (EPF) is a savings tool for the workforce. It is a scheme managed under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, by the Employees’ Provident Fund Organisation (EPFO).
Proposed increase in tax-free gratuity limit to Rs 20 lakh – Who will get benefit ? The government has proposed to hike the tax free gratuity payment limit from the current Rs 10 lakh to Rs 20 lakh – on 12 September 2017, the Cabinet cleared The Payment of Gratuity (Amendment) Bill, 2017. However, before […]