Ministry of Finance has approved the interest rate on employees’ provident fund (EPF) deposits for 2020-21 at 8.5%. The rate has been kept unchanged as for the year 2019-20. EPF is one fixed-income instrument that is completely tax-free under the exempt-exempt-exempt (EEE) regime, along with PPF and the Sukanya Samriddhi Account. Now the labour ministry will notify the interest rate for it to come into effect.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Every year on June 8, the world observes World Oceans Day, a United Nations-recognized event…
The International Cricket Council (ICC) has honoured Muhammad Waseem of the United Arab Emirates (UAE)…
Football icon David Beckham is expected to be knighted next week as part of King…
The Reserve Bank of India (RBI) has announced a major revision in its gold loan…
Prime Minister Narendra Modi will travel to Canada next week to participate in the G-7…
An important archaeological discovery has been made in Udampatti village of Melur taluk, Tamil Nadu,…