Employee Provident Fund(EPF) interest rate for 2010-11
The current interest rates for the Employee Provident Fund(EPF) is at 8.5% p.a. This rate has been maintained since 2005-06. As we know that, every year the rate is reviewed and if possible it will be revised. But, the current rate is maintained for the past six years in a row. It is expected to [...]
Public Provident Fund(PPF) u/s 80C
Introduction In this article I will be writing about the Public Provident Fund(PPF) as the tax savings component. In our previous article, I have explained about the Provident Fund(PF) and its features. PPF is suitable for those who don’t have PF account or any one who is looking for the long term savings. This article [...]
Provident Fund(PF) u/s 80C
Introduction In this article I will be writing about the Provident Fund(PF) or Employee Provident Fund(EPF). It is one of the important component under section 80c. This deduction is done by your employer, so it becomes the compulsory savings for every salaried person. There is few important facts which needs to get the focus. I [...]
