As you are looking to set up a retirement plan and reap its benefits, you would want to understand the tax implications of the Employee Provident Fund (EPF), more popularly known as PF.
In India, approximately 12% of base salary and Dearness Allowance (DA) is deducted from the Employee’s Provident Fund. Keep reading to learn the tax implications of PF withdrawal and how to deal with your finances accordingly.
Understanding the EPF tax implications for a salaried employee is vital for a sound financial plan. As a salaried employee working in a company of 20 or more employees, you are automatically eligible and legally bound by the company to be enrolled in the scheme. But it is important to understand how and when to withdraw from your PF or EPF account so that you don’t get taxed unnecessarily. Knowing the terms and conditions of EPF or PF withdrawal and its tax implications can help you manage your funds more efficiently, which is exactly the focus of this article.

Filing taxes can be a seamless process with proper advice, particularly if you remain well-organized with vital documents such as the income tax declaration forms. With the new proposals for the introduction of new tax slabs for AY 2025-26, it's the perfect time to simplify your tax filing and optimise the benefits available.

In this article, we will talk about the Income Tax Declaration Form, why is it important, how to fill it out correctly, how to download the income tax declaration form PDF, the deductions you can claim and more.

Health insurance is of utmost importance and is an excellent option to ensure the timely treatment of you and your loved ones while not burning a hole in your pocket. The claim process of health insurance plans is really simple and is now made even simpler with a cashless claim facility.

However, without proper documentation, there can be complications at the time of reimbursement, which can postpone or even lead to cancellation of treatment at the end moment. Know about all the documents required for a health insurance claim and the procedure.

Your credit score indicates your overall financial health. The Reserve Bank of India (RBI) has made it mandatory for every bank to check a loan applicant’s credit score before sanctioning loans. Notably, credit score is a three-digit score indicating an individual’s financial behaviour, which, in turn, indicates whether the person is worthy of receiving credit or not.
Follow this guide to avoid 10 common mistakes that can decrease your credit score.

The Centralised Processing Centre or CPC, is a unit of the Income Tax Department of India that facilitates bulk processing of Income Tax Returns (ITR). CPC was established in October 2010 with office located in Bangalore, Karnataka.

CPC uses advanced technology for efficient handling, error detection, and quick processing of tax returns. To understand the functioning of tax processing or income tax refund delay, you should be aware of the role of CPC. In this article, we shall talk about income tax refund, types of refund status, role of CPC in tax refunds, how to check refund status and more.