Employees working in private sectors mostly get their retirement benefits through mandatory contributions to Employees’ Provident Fund (EPF), which apart from providing lump-sum PF payment at the time of retirement, also provides pension to the eligible employees through the Employees’ Pension Scheme (EPS). The contributions for PF, EPS and EDLI (Employees’ Deposit Linked Insurance Scheme)
Fitness always pays off and the Indian Railways, under its initiative to promote the culture of fitness among the people, wants you to save your hard earned money. As little as only thirty squats can get you a free platform ticket at the Anand Vihar railway station in the national capital now as part of
SBI Customers Beware: The State Bank of India (SBI) has issued an urgent public notice to the SBI account holders in regard to their incomplete KYC. The largest Indian commercial bank has asked all such SBI account holders to complete their KYC and avoid inconvenience in the future in their banking procedures. The SBI has also
The increasing price of LPG cylinders is apparently forcing poor beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY) back to use of unclean fuel. To check this trend, SBI Research has suggested a number of measures in its recent Ecowrap report. One of these suggestions include providing four free LPG cylinders every year to eligible beneficiaries. The report
NEW DELHI : To get a new PAN card you need not fill up a 2-page application form and wait for a few days anymore as the income tax department has launched a new facility for taxpayers allowing anyone with an Aadhaar card to get an instant PAN card online and that too for free. The
We all look for investments that are safe and secure, and which also provide high-interest rates. Investors looking for such investment options with a view to get monthly income can opt for the government-run Post Office Monthly Income Scheme (MIS). It is one of the small savings investment schemes that offer steady income and is
SBI Card IPO: Market regulator Securities and Exchange Board of India (SEBI) has given its approval for the SBI Card IPO. After the SEBI approval, SBI Cards and Payment Services can launch its IPO once it gets approval from the RoC, which can come within a fortnight. So, on the basis of precedence, stock market experts
Walmart’s top executives are betting big on its Indian payments enterprise PhonePe’s foray into digital ATM business to claim the top spot in the country’s increasingly competitive digital payments market where the global retailer faces stiff competition from peers Google, Amazon, Facebook and Alipay-backed Paytm. The recently-launched digital ATM feature by PhonePe plans to enable
PPF Account New Rules 2020: The Department of Posts of Ministry of Communication has recently communicated regarding the amendments to procedural rules related to all the small savings schemes, including the Public Provident Fund (PPF) scheme. The changes will largely reflect in the post office savings bank manual governing the rules of PPF and other
Big news for Indian Railways passengers! Now, forget your worries over last-minute bookings as more number of IRCTC tatkal tickets will be available! In a huge passenger-friendly initiative, Indian Railways has removed all illegal software and arrested as many as 60 agents who were using them to block the tatkal tickets. Arun Kumar, Director General, Railway Protection
