Tag: Retirement

  • LIC Jeevan Sugam

    LIC Jeevan Sugam

      LIC Jeevan Sugam is deferred Pension Plan is a new Single premium policy from LIC. Jeevan Sugam (Plan No. 813) is good option as it provides good return and is available against one time payment. Jeevan Sugam is  a close ended plan which would be open for sale from 25 February, 2013 for a maximum period […]

  • EPF rates may rise for year 2012-2013

    The interest offered by the Employees’ Provident Fund Organisation ( EPFO) is likely to rise this year, say sources in EPFO. For year 2012-2013 EPF rates are expected to be around 8.5% EPFO’s interest rate for prevoius year Year  EPF rate of Interest 2012-2013 expected to be 8.5% 2011-2012 8.25% 2010-2011 9.50% The rate for […]

  • Increase in Employees Contribution in Provident fund will reduce take home salary

    EPFO (Employee Provident Fund Organisation) as issued a circular on 30.09.2012. According to Circular, EPF (Employees Provident) should be deducted on total salary. Total Salary for purpose EPF calculation will be Basic Salary + DA + Conveyance Allowance + House Rent Allowance+ Education Allowance+ Travel Allowance + Medical Allowance+ Night Allowance+ Uniform Allowance+ any other […]

  • EPFO launches e-Passbook service for its members

    Over 50 million PF subscribers can now access their accounts online as retirement fund body EPFO launched its e-Passbook service today. Who can download EPF pass book Active subscribers whose electronic challan-cum-return is already uploaded, can download their e-Passbook every month under the service launched by the EPFO’s Central Provident Fund. Where you can download […]