How to add nominee to your EPF account online

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Employees’ Provident Fund is a mandatory contribution from the salaries of professionals. Employees’ Provident Fund Organization (EPFO), which is the agency that monitors EPF accounts, allows subscribers to submit their nominee details online on its official website. Add nominees to your EPF account, and other details explained here :- Here’s why you should nominate members to your EPF account It […]

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Mismatch in PAN and Income-Tax portal? Here’s what to do

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Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India by the Income Tax department. It is essential for undergoing various financial transactions such as receiving taxable salaries/professional fees, sale or purchase of assets, trading of mutual funds, etc. In case there’s a mismatch between details in your PAN and Income-Tax portal, here’s how […]

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Soon, you may get insurance claim settlement in instalments

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Insurance policyholders may soon get their claim settlement amount in instalments as the insurance regulator IRDAI is exploring the instalment option for payment of claim amount for certain policies like personal accident (PA) and benefit-based health insurance plans. The working group, which was set up by the regulator to study the proposal, has submitted its report in January this year […]

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