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Supreme court came out with a ruling that employees should get pension as per their basic salary and not as per the fixed basic assumption taken by the EPFO of Rs 15000/-. However as the Pension has to be out of funds contributed towards EPS the employees will have to increase the EPS contribution to 8.33% of Basic instead of the present Rs 1250. This is carved out of the 12% that the employer contributes towards EPF. Should you go for this?
Debt Mutual Funds vs Bank Fixed Deposits: A Better Option for Low-Risk Investors
Have you ever got stuck up in traffic? I am sure you have. Just imagine your car is new brand with powerful engine, but unable to move an inch because of heavy traffic.
I am Raghupreet Singh Kanwar, a banking and financial services professional with 26 years in the industry. After having spent 17 years with various banks like, IDBI, ICICI Bank, Citibank and ICICI Securities (Private Wealth) Ltd, I started my own venture on the financial services domain.
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