Unlike a few PF schemes where employers and employees contribute a small portion to the funds, in the VPF, employers are under no obligation to contribute. Only an employee will contribute a portion of their salary towards the scheme.
Over the years, the Government of India has introduced several welfare schemes for the citizens. In this article, let us check a few financial schemes offered by each state government of India in their respective states.
Saksham Yuva Yojana focuses on the welfare of the unemployed but educated youth of Haryana. At the core of the scheme lies the objective of helping youths develop skills to enhance their employability.
While you are joining a new organisation, you must transfer your PF account from one employer to another, and the EPF Form 13 helps in this transfer.
EPF Form 31 is used to make an advance/partial withdrawal against a PF account. A partial PF withdrawal is only allowed in certain circumstances. Read on to know when and how.
EPF Form 11 is a self-declaration form the employee must fill out and submit while joining a new organisation registered under the EPF Scheme of 1952.
Public Provident Fund (PPF) is popular among risk-averse investors since the returns thereon are guaranteed by the government. As PPF is a long-term investment, keeping a tab on the account now and then is essential.
Although you can only access your PF account on retirement, the EPFO allows premature PF withdrawal rules in case of emergency. Let us look at the rules governing withdrawals, limits, eligibility, and documentation.
The General Provident Fund (GPF) is one of the PF accounts exclusively designed for government employees. The Department of Pension and Pensioner’s Welfare takes care of it. In this article, let us learn more about GPF and the rules.
Saving schemes are one such investment method offered by the government of India, banks, or financial institutions to support you in handling your money. This article will give you an overview of various saving schemes available for Indian citizens and their importance.
