In the year 2026, a ₹10 lakh insurance cover is still marketed and promoted as ‘sufficient’ for an average family in the country. Yet, given how medical inflation is rising,…
Category: Banking And Finance
Nearing retirement? How to protect your savings amid market volatility and rising inflation
With the swaying equity markets, dull precious metals, longer life span and escalating prices of goods; managing finances has never been as perplexing for those approaching retirement as the current…
How to lock in premiums and navigate portability while upgrading health insurance?
I am 38 years old, a salaried professional with a family floater health insurance plan of ₹10 lakh that I purchased five years ago. My insurer recently offered me an…
EPFO 3.0 PF withdrawal rules: How much provident fund balance can you withdraw using ATM and UPI?
PF withdrawal rules under EPFO 3.0: The Employees’ Provident Fund Organisation introduced the EPFO 3.0 last year to modernise the retirement body’s digital framework and operational procedures. EPFO 3.0 is…
Gratuity payment: What are the new rules? How is gratuity calculated? Key FAQs answered
The new labour codes, which were implemented from 1 April, have introduced significant changes to provident fund, salary and gratuity payments among others. Under the new labour codes, the Centre…
Loan against PPF: What is it? Who can avail loan against Public Provident Fund? Interest rates and how to repay
A Public Provident Fund (PPF) account is one of the most tax-friendly savings instruments for long term savings as you do not have to pay any taxes on interest and…
How to position your portfolio for resilience in volatile times
A portfolio is built around a family’s risk profile, return expectations, time horizon, liquidity needs, taxation and diversification. In that sense, it is purpose-built, designed for specific outcomes rather than…
How to plan summer holidays amidst soaring airfares due to West Asia war
This year’s summer holidays are not a simple beach-versus-mountains or Eiffel Tower versus Burj Khalifa decision. Instead, the West Asia war is likely to shape where you travel and how…
PPF: Can a Public Provident Fund account be closed prematurely?
Offering a 7.1% tax-free interest rate, the Public Provident Fund (PPF) stands as one of the most lucrative fixed-income avenues for investors. It is primarily engineered as a secure, long-term…
From pension disbursal system to auto settlement, how EPFO 3.0 reforms have improved user experience
To modernize its digital framework and operational procedures, the Employees’ Provident Fund Organisation introduced the EPFO 3.0 initiative in 2025. Recently, Shobha Karandlaje, Minister of State for Labour and Employment,…