Use the following money-saving tips to generate ideas about the best ways to save money in your day-to-day life. Debt Reduction If you’re trying to save money through budgeting but still carrying a large debt burden, start with the debt….
Money saving tips – 2019
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Christmas and Finance – How to get MORE Goodies from Santa!
If the festive season usually leaves you out of pocket and feeling like you spent more time and money. Here are 5 ways to plan a fun Christmas: Eliminate credit card debt If you use a credit card, try to…
PPF vs GPF vs EPF
Public Provident Fund – PPF The PPF, or public provident fund, is one of the most popular investment options for tax savings and accumulating long-term wealth. PPF, a 15-year investment scheme, can be extended in blocks of five years. It…
How to link EPF accounts with UAN number?
A Universal Account Number (UAN) will be generated for each of the PF contributing members during the period 01/01/2014 to 30/06/2014 by EPFO. The UAN will act as an umbrella for the multiple Member Ids allotted to an individual by…
Provident Fund- Withdrawal
PF or EPF is also called the Employee Provident Fund Scheme. It is one where the employees contribute a small portion of their remuneration i.e. 12% of their basic pay every month. A matching amount is contributed by the employer….
Employee Provident Fund- Transfer
The EPFO or Employees’ Provident Fund Organization has introduced an online system to facilitate transfer claims and withdrawals by its members. Using this system, an employee can transfer his or her provident fund (EPF) balance with the previous employer to…
Voluntary Provident Fund (VPF) – Saving Scheme
Voluntary Provident Fund (VPF) The term ‘voluntary’ signifies willingly or doing something when guided by their own free will. The concept of Voluntary Provident Fund (VPF) draws on this, wherein the subscriber willingly contributes up-to 100% of their basic salary…
Employee Provident Fund (EPF)- Saving Scheme
Employee Provident Fund (EPF) Administered by the Employees’ Provident Fund Organization (EPFO), the Employee Provident Fund (EPF) targets Indian workers through a system of compulsory monetary contribution into a specified ‘provident fund’ account that will act at a later date…
Atal Pension Yojana-Saving scheme
Atal Pension Yojana Named after one of India’s most popular erstwhile Prime Ministers, the Atal Pension Yojana is aimed squarely at the weaker sections of the society as well as those individuals who can benefit from a government sponsored welfare program. The…
Sukanya Samriddhi Account-Saving Scheme
Sukanya Samriddhi Account Sukanya Samriddhi Yojana is a new scheme launched in the year 2014 by Prime Minister Narendra Modi. The Sukanya Samriddhi Account scheme was launched with an initial interest rate of 9.10% p.a. for the year 2017-2018. This has…