EPFO New Rule – How to get 8.16% Extra Pension for a lifetime?

EPFO New Rule – How to get 8.16% Extra Pension for a lifetime?

Do you want to increase your pension amount? If yes, your wish is accepted. EPFO has recently released a new rule for the pensioners covered under employee pension scheme As per new rule a pensioner has the option to increase the pension amount by 4% or 8.16% for the lifetime. In order to increase the pension amount pensioner needs to defer the age of starting a pension. Till now, pension starts at the age of 58 years no matter you […]

PPF withdrawal new rules 2016 – Premature closure Allowed

PPF withdrawal new rules 2016 – Premature closure Allowed

The finance ministry has recently changed norms of PPF withdrawal and premature closure. As per new rule premature closure and withdrawal of PPF is allowed under circumstances such as a medical emergency or requirement of money for education purpose. This change will give big relief to PPF subscriber who is in genuine need of money. Let’s take a look at new PPF withdrawal & premature closure rules and its impact on PPF subscribers. PPF withdrawal and premature closure New Rules […]

Top Sugar Stocks gives 1000% return in past one year – Should you invest?

Top Sugar Stocks gives 1000% return in past one year – Should you invest?

A Sensex has given a negative return in past one year. However, top sugar stocks have given returns in the range of 200% to 1000%. This means sugar stocks have multiplied wealth of investor from 2 times to 10 times. The price rise in sugar stocks is mainly due to fall in production of sugar both in domestic and other major producing countries. Due to fall in production, the price of sugar has increased and profit margin of sugar stocks […]

How to update KYC EPF UAN Online?

How to update KYC EPF UAN Online?

You can update your KYC information for EPF online using UAN EPFO portal. In order to update or change your KYC (Know your customer) detail on UAN EPFO portal, you require UAN (Universal Account Number) credential.  You can login to EPFO UAN portal and update your KYC by uploading necessary documents online. These KYC details include PAN card number, Aadhaar card, and bank account details. If you have not yet updated these details on the EPFO portal you must do […]

10 Points to consider before buying Property in auction

10 Points to consider before buying Property in auction

You can save a lot of money by buying a property in the auction. The property sold in the auction is generally 20-30% cheaper than market cost. Recently I attended bank property auction along with my friend. It was indeed a very good experience. I was surprised that property was sold 40% lower the market rate. Many investors and property buyers get lured by the reduction in the property price and they blindly purchased the property in the auction without […]