Discover and read the best of Twitter Threads about #EPF

Most recents (12)

#1 Decide Your Tax Regime

The new regime is no fuss and works well.

The old regime allows you to claim deductions and exemptions

If you choose the old regime finalise your tax planning strategy now! (2/7)

#tax #deductions #taxplanning #taxregime
#2 Restructure Your Payslip

Study your pay slip and optimise your EPF contributions. If you choose the old tax regime structure your allowances properly.

Talk to our financial planning team today if you’d like assistance. (3/7)

#salary #CTC #payslip #epf #providentfund
#3 Review Your Investments

2023 is a year that belongs to savers!

You will be spoilt for choice. And there’s no better way to take advantage of this than reviewing and restructuring your investment portfolio. (4/7)

#investmentreview #investing #portfolio
Read 7 tweets
🇷🇺🔥🇺🇦 #Rusia Vs #Ucrania - Día 336 - Iniciamos #hilo sobre la #GuerraEnUcrania.

🟥 En el siguiente vídeo podéis ver un drone suicida ucraniano armado con una granada PG-7 mientras impacta contra un BMP-1 ruso.

🇷🇺🔥🇺🇦 #Rusia Vs #Ucrania - Día 336 - Este es, para quien no lo haya leído todavía, nuestro informe diario correspondiente a la jornada de ayer, martes 24 de enero de 2023.…
🇷🇺🔥🇺🇦 #Rusia Vs #Ucrania - Día 336 - El vídeo de ayer que servía a los rusos para reclamar el control sobre #KrasnaHora y no lográbamos geolocalizar efectivamente era imposible de geolocalizar en #KrasnaHora, porque había sido rodado en...


Read 33 tweets
For month now, #FreeTheLeopards is a popular chant in the social networks. People demand especially from #Germany, to “finally take the foot from the break” and “send the Leopards”. As a Panzergrenadier Veteran and member of the #OSINT community, I want to give some insights 🧵
Main questions I hope to answer with the 🧵:

1. How many 🐆 MBTs are there?
2. How many does 🇩🇪 operate?
3. Are the stored Leopard 1 any good?
4. How many tanks does 🇺🇦 operate?
5. What does 🇺🇦 actually want?
6. What could be actually send?
7. Is 🇩🇪 blocking 🐆 from others?
1.&2.: 🇩🇪 owned 2.125 🐆2 MBTs in 1990. From these ≈1.800 were sold to other nations. 🇩🇪 reduced its own stock to 266 in 2020, soon to be re-increased to 328. The difference is accounted for by sales to many other nations and can be checked here:
Read 32 tweets
🇷🇺🔥🇺🇦 #Rusia vs #Ucrania - Día 236 - Comenzamos nuestro #hilo diario sobre la #GuerraEnUcrania.

🟥 El día ha comenzado con ataques sobre #Kiev por parte de los drones suicidas #Shaheed136 iraníes empleados por Rusia. Se han reportado hasta tres explosiones.

🟥 ¡Comparte!🙏
🇷🇺🔥🇺🇦 #Rusia vs #Ucrania - Día 236 - Este es, para quien no pudiese leerlo, nuestro informe diario correspondiente a la jornada de ayer de la #GuerraEnUcrania.…
🇷🇺🔥🇺🇦 #Rusia vs #Ucrania - Día 236 - Este vídeo resume a la perfección las ventajas de disponer de municiones de 155mm guiadas, como los M982 Excalibur. Un disparo, un sistema antiaéreo TOR ruso destruido.
Read 35 tweets
Yesterday, we held the first "Defence and Statecraft Forum" & we were honoured to welcome a number of great guests. For those that couldn't make it, we are going to write a thread on the main points (in no particular order)🧵 /1

@Brussels_School #Defence #Statecraft
Supporters of #Ukraine are not doing enough to think about the plan for and repercussions of the country's eventual accession to the #EU and #NATO. One implication is that political and military support will have to be drastically enhanced. /2
Western countries have been providing weapons and support to #Ukraine, albeit more can certainly been done. However, as Ukraine presses #Russia there is a need to send Main Battle Tanks and Armoured Fighting Vehicles, as well as to ramp up deliveries of munitions.

Read 18 tweets
#EPF tax rules understanding

Employee contributions above 2.5L in FY will be taxed on the "interest earned"

EPF rate FY22 - 8.1%
For example, you have made a 5L total contribution to EPF (Only employee contribution counts here and employers!)

5-2.5L = 2.5L additional contribution

Let's say in you're in a 30% tax bracket
EPF rate is 8.1%

2.5L*8.1% = 20250 interest earned

20250*30% = 6075 pay tax

20250-6075 = 14175 post tax return

That means the actual return is 5.6%, not 8.1%

What we need to understand is in the next FY, your principal and interest still get 8.1% interest and that's not taxed!!!!

2.5L+14175 = 264175
264175 * 8.1% = 21398 interest earned
Read 5 tweets
Touched by the resilience, determination and hospitality of @ZelenskyyUA & @Denys_Shmyhal.

I return with a clear to do list:

1. This war will be won on the battlefield. Additional €500 million from the #EPF are underway. Weapon deliveries will be tailored to Ukrainian needs.
2.#WarCrimes: Brutal attack by Russia against defenceless civilians in #Kramatorsk again shows Kremlin’s complete disrespect of human life. It will only increase our support to Ukraine. Meeting tomorrow @IntlCrimCourt prosecutor to discuss tailored support, incl by @EUAM_Ukraine
3. We need to continue to increase our pressure on Russia. We have imposed massive sanctions already but more needs to be done on the energy sector, incl oil.

4.On Monday, I am convening an EU Foreign Affairs Council #FAC to discuss next steps.
Read 5 tweets
Thread: 🚨 #EPF ALERT!

Is your contribution > Rs 2.5 lakh?

You must know about the new #PF (Provident Fund) rule.

New PF rule decoded. #EPFO #ProvidentFund #EmployeeProvidentFund #Savings Image

Is your contribution > Rs 2.5 lakh?

You must know about the new #PF (Provident Fund) rule.

New PF rule decoded. #EPFO #ProvidentFund #EmployeeProvidentFund #Savings Image

Is your contribution > Rs 2.5 lakh?

You must know about the new #PF (Provident Fund) rule.

New PF rule decoded. #EPFO #ProvidentFund #EmployeeProvidentFund #Savings Image
Read 4 tweets
A Thread 🧵80 C Deduction of Income Tax.

Must read for everyone.

A Simple way to to save tax upto Rs. 46,800 each year!

(RT to maximize reach.)

@caniravkaria @CAPratik_INDIAN views welcome 🙏

#IncomeTax #Tax #ELSS #TaxSaving #Investing #TaxPlanning
When the month of March starts or is about to end suddenly everyone remembers one thing #TaxSaving ...

This is where #TaxDeductions come into picture.

Deductions allowed under the #IncomeTax act help you reduce your taxable income.
Deduction under Section 80 C is a popular tax deduction section which allows you to claim a deduction of Rs 1.5 lakh on your total income.

By completely utilizing this deduction limit, a person can save tax upto Rs. 46,800 each year! (For person
falling in tax bracket of 30%).
Read 20 tweets
The Economic package for Self-Reliance (#atmanirbharbharat) amid covid:-

Announced package - ₹20lakh cr
Already announced PMKGY - ₹1.7lakh cr
RBI liquidity announced - ₹6.5lakh cr

11.5 lakh cr NEW packages to be announced by #NirmalaSitharaman

₹3 lakh cr loan package, ₹50k cr equity infusion and ₹20k subordinate debt(NPA) relief for #MSMEs are great announcements.

But only 33% MSMEs take credit from formal sector(Banks&NBFCs), 66% take it from informal sectors.

Will this reduce NPA in formal sector by MSMEs??
The definition change for #MSMEs was a needed measure but it's not something newly proposed.
It was proposed in 2018 by cabinet but came into consideration amid this Covid adversity.

Hope this changes the drastic figures as current avg employment generated by MSME is of 2.
Read 8 tweets
Based on 👇

Land,Labour,Liquidity&Laws that are not isolationist but inclusive

Ease of Doing Business

DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
GST,IBC&PSU Bank Recapitalisation in last 6 yrs,have been big reforms

52606Cr given via #DBT to 41Cr #JanDhan holders

Free wheat&rice to 69Cr ration card holders

18000Cr tax refunds given

Free cylinders to 8Cr #Ujjwala holders

#20lakhcrores #COVIDー19
Project DevelopmentCells,working for Promotion of Champion Sectors,in States

#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy

3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
Read 20 tweets
#MythBuster - A thread - Yesterday, when markets were up and are up today, have seen numerous messages as to how #LIC has been put to work to prop up the markets and also how #LIC Ipo is a risk as their investments need to be sold or they will have to be independent ...
Lets take it through the numbers as to how relevance of #LIC in the #Equity Markets has detoriated. 1) #LIC puts in a net of 50-60k crores a year on an average. #MutualFunds in last few months hold 25-40k crores of cash and 8000 crores of monthly inflow through #SIP.
2) Total Value of #MutualFunds in #Equity has surpassed #LIC value quite some time back. 3) #SIP at almost 90-100k crore is double the money #LIC can deploy. 4) #EPFO averages 25000-30000 cr will soon cross #LIC. Thanks to it #SBI Nifty 50 ETF is now 66000 cr and largest #MF sch
Read 6 tweets

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