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Every year during Diwali, rumors grow as EPFO (Employee Provident Fund Organization) subscribers get their interest from the previous year credited to their EPF accounts. This year was no different. It is designed to help employees build retirement capital by deducting 12% of their base salary each month, and is popular for the guaranteed returns …
Be it a scorching sun or pouring rain, a tall sprawling tree would definitely offer some protection. It’s human nature to seek refuge when things get too extreme for your liking. I would also look to stock markets for protection if markets become too volatile or return become uncertain in the short term. In general, …
Blockchain technology brought together the security of cryptography and the accessibility of the Internet and promised to revolutionize the way the world conducts financial transactions. Central banks and other intermediaries such as banks would not be necessary, and the information would be stored securely, preventing other users from adding, deleting or modifying it. Still, the …
It is common for women to assume that their income is secondary or meant to be spent/used on expenses/EMI. But what they forget is that this will not leave them with much money or assets in their name. This is not an ideal situation. With limited resources, women must focus on a few key financial …
Are you planning a career change? Why not withdraw the savings accumulated in the EPF accounts of your employees? Withdrawing from the EPF is a relatively simple process, involving filling out a form with your personal information and giving it to your human resources colleague to complete. After a few weeks, you will receive a …
Vihaan, a clothing store owner in Hubballi, wanted to buy a luxury bungalow. However, he lacked the money to fulfill his dream. Impressed by the crazy profits that his friends were making with cryptocurrencies, he also decided to invest in this new digital asset to reach his goal faster. However, one morning he woke up …
Fertilizer subsidies are expected to hit an all-time high of Rs 1.65 crore this fiscal year against the budget estimate of Rs 1.05 crore due to an unprecedented rise in the cost of raw materials and fertilizers in the world, according to a report. India’s fertilizer subsidies are expected to reach a record Rs 1,650 …
When Prime Minister Narendra Modi reported on rising fuel prices in many opposition-ruled states, including Rajasthan, Chief Minister Ashok Gehlot said on Wednesday that the prime minister “accidentally mentioned Jaipur instead of saying Bhopal” as gasoline and diesel cost more in BJP. ruled Madhya Pradesh. The Congress leader also said that the Rajasthan government has …