NEWS

New Delhi: The Employees’ Provident Fund Organisation (EPFO) has started the process of crediting interest to provident fund (PF) accounts. It may be noted that the government has recently approved and notified an interest of 8.65 per cent for employees provident fund (EPF) for the financial year 2018-19. The employee and the employer contribute an equal amount (12 per cent) towards savings every month and this amount can be availed…

New Delhi: The Employees’ Provident Fund Organisation has supported a labour ministry proposal to allow its subscribers switch to the National Pension System but said the move needs to be backed by suitable amendments to the Pension Fund Regulatory and Development Authority Act. The retirement fund body wants the PFRDA act to be amended to allow those who opt for the National Pension System to return to the Employees’ Pension…

Have you received an e-challan notice for a traffic violation recently? Knowingly or unknowingly you may have broken a traffic rule because of which you would have gotten an e-challan notice. You can get an e-challan notice for wrong/dangerous parking on the roadside, speeding, jumping red light and so on. E-challan- Digital Traffic/Transport Enforcement Solution is an initiative of the Ministry of Road Transport and Highways (MoRTH), Government of India….

New Delhi: Most of the middle-income groups, salaried-class people and a large section of risk-averse investors remain in a continuous lookout for risk-free opportunities which can give better returns as compared to conventional investment options such as fixed deposits, recurring deposits and insurance scheme. Post Office offers various investment options for the varied requirements of customers. Post Office time deposit account is one such savings facility which offers interest up…

New Delhi: For people looking to invest for a fixed pension during their retirement, the guaranteed pension scheme of the government — Atal Pension Yojana (APY) — is an attractive option. The APY pension scheme is administered by the Pension Fund Regulatory and Development Authority (PFRDA) and is available to people aged 18 to 40 years. The other criteria to invest in APY is that one needs to have a…

New Delhi: With internet and smartphones, banking has become convenient for account holders. Gone are the days when a customer had to visit the bank branch to carry out transactions or to update personal details like mobile phone number. If you are a State Bank of India (SBI) customer, you can update your mobile number right away with the help of internet without the hassle of visiting the bank branch….

New Delhi: With the help of the IRCTC e-ticketing website, www.irctc.co.in, ticket booking, cancellation, refund, modification, group booking, reservation of seats on IRCTC Tourism packages, have been made relatively easy as compared to the ticket reservation process earlier. The Indian Railway Catering and Tourism Corporation (IRCTC) has inducted several guidelines on the e-tickets which are applicable to all the users booking seats on the Indian Railways network via IRCTC e-ticketing website….

New Delhi: State Bank of India (SBI), the country’s largest bank, offers a range of ATM-cum-debit cards, SBI premium ATM-cum-debit card is one of them. Each card issued by the State Bank of India has unique features, benefits and limitations. SBI premium ATM-cum-debit card offers designated rewards benefits and complimentary insurance covers. SBI premium ATM-cum-debit card earns 1 FreedomRewardz point (reward points) for every Rs 200 spent on shopping, dining…