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 earningRead More
Fixed Income
Can NRI invest in PPF in India ?
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. NO, you cannot if you are an NRI ALREADY. Now, what does this mean? Can NRI invest in PPFRead More
Latest Small Savings Schemes Interest Rates
Here are the latest Small Savings Schemes interest rates in India (Updated 1 April 2020) The small savings schemes interest rates are revised & managed by the Ministry – Department of Economic Affairs (DEA). Small savings is one of the departments under the ministry. Latest Small Saving Schemes Rates (1 April 2020- 30 June 2020)Read More
How to check your EPF balance online
Here is a small primer on how to check your EPF balance online. There have been some questions on how to do this and what the SMS from bz-epfo that comes to your mobiles mean. More on this in a bit. The EPF (Employee Provident Fund) is a compulsory retirement fund account to be openedRead More
Impact of EPF interest rate cut
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 thereRead More
How to Use Auto Sweep Facility
Just like you delay your investment decisions in your financial planning, do you also delay investing your salary each month in the right investment avenues ? If yes, you are not alone. A whole lot of investors are used to accumulating their salaries each month in their bank accounts as they do not know whatRead More