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According to the media reports, Honorable Union Finance Minister, Mrs. Nirmala Sitharaman presented ...
Union Finance Minister Nirmala Sitharaman on Monday rued that women are reluctant to join company bo...
According to ANI report, Union Finance Minister, Nirmala Sitharaman on Saturday said that the Centra...
Provident Fund: Govt raises threshold limit to 5 lakh for tax-free interest Finance Minister Nirmala Sitharaman on Tuesday raised the limit for tax exemption on interest earned on provident fund contribution by employees to Rs 5 lakh per annum in specified cases as against Rs 2.5 lakh proposed in the Budget. In her Budget for […]
Higher EPF contribution to be taxable from April 1, but…? Union Finance minister Nirmala Sitharaman had announced in the Budget 2021-22 that interest earned on individual PF contributions over Rs 2.5 lakh in a financial year will be taxable from the next financial year. The move is set to impact people with high incomes and […]
EPFO: Interest on your PF contributions over Rs 2.5 lakh to be taxed Interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from April 1, 2021, a move aimed at taxing high-value depositors in the EPF. Finance Minister Nirmala Sitharaman said the Employee Provident Fund (EPF) is aimed […]
What Indian industries want from the Modi government’s Feb. 1 budget Reuters – Finance Minister Nirmala Sitharaman is expected to unveil plans to boost economic growth when she presents the 2021/2022 federal budget on Feb. 1. Corporates and industry lobby groups expect the government to announce greater spending on healthcare and infrastructure, as well as […]
Special EPF scheme for those who hire new employees amid COVID-19 To create more jobs amid coronavirus pandemic, the finance minister on Thursday announced a special EPF scheme under Aatma Nirbhar Bharat Rozgar Yojana. Finance Minister Nirmala Sitharaman on Thursday said the subsidy would be to cover for retirement fund contributions by employees as well […]
Government announces Rs 10,000 interest-free festival advance to employees The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy. At a press conference, Finance Minister Nirmala Sitharaman said festival advance was discontinued from […]
Government to pay EPF contributions (entire 24%) of employees and employers till Aug 2020 PTI | The Union Cabinet on 8 July, Wednesday approved a proposal to extend the scheme for the payment of employers and employees’ PF contributions for three months until August 2020. Earlier, in May this year finance Minister Nirmala Sitharaman had […]
PM Modi has announced Rs 20 lakh crore economic support package, intended to help the economy tide over the Covid-19 crisis. His strategy for the Aatmanirbhar Bharat was presented by the Finance Minister Nirmala Sitharama in four tranches. Finance Minister Nirmala Sitharaman detailed the package in five tranches, the last of which was announced on […]
