LTA paid (cash or through baking channels) is taxable under the provisions of Income Tax Act. May be you have actually ...

Under the EPF Scheme 1952, members can withdraw money only in specific cases—such as marriage, children’s education, serious illness, or for buying/constructing a house. However, if someone withdraws ...

The Provident Fund (PF) is one of the most reliable long-term savings schemes available to salaried individuals in India. Managed by the Employees’ Provident Fund Organisation (EPFO), it enables ...

For millions of employees in both government and private sectors, financial security is one of the biggest priorities. To ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The employees’ provident fund ...

The Employees Provident Fund Organisation (EPFO) has rolled out a new partial payment option for final PF claims, effective ...

Planning for a peaceful and financially stable retirement is one of the most important goals for every working individual. While monthly income and short-term savings are essential, securing a ...

The government also announced that it was raising the limit ₹1 lakh that applies to automatic settlement of advances -- or partial withdrawals -- to ₹5 lakh Provident-fund accounts, which hold savings ...