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EPF Pandemic Advance Facility: How Much And How To Withdraw?

EPF Pandemic Advance Facility To help meet any economic constraints or emergency fund needs during the lockdown to fight COVID-19, EPFO (Employees’ Provident Fund Organisation) has introduced ‘pandemic advance facility’ to employees, wherein members can withdraw up 75 percent of the amount or 3 months’ basic salary and dearness allowance, whichever is less. EPFO has […]

Types of Provident Funds & Tax Benefits

Provident Funds – Types, Tax Benefits Provident Funds is one of the most loosely defined terms used by the taxpayer. At the macro level, except PPF, rest all types of provident funds are perceived as one and the same only. There are no efforts to educate the readers regarding the same. The tax treatment of […]