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The Public Provident Fund (PPF) is a voluntary savings-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
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The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
In 2021, withdrawal rules at the time of maturity was changed, and a person can withdraw entire NPS corpus lump sum if it is Rs 5 lakh or less, but 40% will be taxable. [16] [17] Contributions to NPS receive tax exemptions under Section 80C, Section 80CCC, and Section 80CCD(1) of the Income Tax Act. Starting from 2016, an additional tax benefit ...
By December 31, your flexible spending account (FSA) funds typically expire. That’s why your healthcare coverage requires your attention during this time of the year. Review your healthcare coverage
Sydney Sweeney hit back after body shamers piled on one of her Instagram posts, which included videos and photos of her hitting the gym to prepare for her role as boxer Christy Martin.
Tesla has done a stock split twice before, on Aug. 31, 2020, and two years later on Aug. 25, 2022. A stock split would not change the company's market value, instead, it would make the stock more ...
Title 31 is the principal set of rules and regulations issued by federal agencies of the United States regarding money, finance, and the treasury. It is available in digital and printed form, and can be referenced online using the Electronic Code of Federal Regulations (e-CFR).