Expecting the government offices to go digital is good but we all know how they move in this aspect. I was surprised to see news on the fact that now the facility of online EPF Passbook has materialized ! The EPFO is the only social security scheme in India for workers and employees. Workers earning [...]
A million dollar question – can NRI invest in PPF in India ? I have my good friend Kumar Siddharth posted in the United States asking me this many times so I thought I might as well scribble something here. The Public Provident Fund is one of the best and not to be missed fixed [...]
Here is a wagon wheel for the small savings schemes we have in India. I have tried to show the latest increment in percentage points and when the new interest rates are applicable from. Though this is a good way to look at it, I will mostly remove the older interest rates in the future [...]
Here is a small primer on how to check your EPF balance online. The EPF (Employee Provident Fund) is a compulsory retirement fund account to be opened by an organization with 20 or more employees. The employer deducts 12% of employees’ basic salary and contributes the same percentage to employee’s provident fund account. The balance [...]
If you were planning for your retirement and depended heavily on the Employee Provident Fund (EPF), then it is time you did your financial planning again. The government has brought down the interest rate on EPF and has left many salaried employees who get EPF a bit peeved. Suddenly, there are other investments out there [...]
Company fixed deposits in India are often a favourite amongst investors who are risk averse and want to take an exposure to fixed income instruments and are not satisfied with bank fixed deposits. While this is fine, there are certain risks to be aware of and if adequate research is done before investing, company FDs [...]
Both the Public Provident Fund (PPF) and National Savings Certificate (NSC) are up for some change now. After months of delay, the government has announced higher interest rates for PPF and NSC. With this move, small saving schemes can now offer some competition to other investment avenues in the fixed income category like fixed deposits [...]
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