Retirement fund body Employees' Provident Fund Organisation (EPFO) will launch a host of Aadhaar-linked online services such as Provident Fund withdrawal and pension fixation for its 4 crore subscribers by the end of the financial year
The Union labour ministry on Thursday decided to hike the exposure of the Employees’ Provident Fund’s incremental corpus in equity markets from five per cent to 10 per cent for the current financial year, without consulting the Central Board
Interest rates on small saving schemes would be reduced marginally by 0.1 percentage points for the December quarter of 2016-17, leading to lower returns on Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and Sukanya Samriddhi Account, among others.
The burgeoning size of several equity schemes amid exceptionally high benchmark-beating returns, especially in the past three years, has made fund managers cautious about the sustainability of such a trajectory of returns in the future.
In order to encourage tax payers to pay their taxes on time, Finance Minister Shri Jaitley handed over Certificates of Government’s appreciation and acknowledgement of tax payers for their contribution towards nation building, reported Tax Scan.
Union minister Faggan Singh Kulaste on Thursday termed as "gamechanger" the Prime Minister National Health Insurance Scheme, which is under consideration, and pitched for dialogue between stakeholders, including health and insurance industry for