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Sep 15, 2022 • 5 tweets • 2 min read
EPF Withdrawal Rules
The employee can withdraw employees’ Provident Fund (EPF) -
• At the time of retirement (On or after 58 years of age)
OR
• If unemployed for two months or more
OR
•Death before the specified retirement age
OR #employees#investing#Investment
Unemployment-
• A person can withdraw 75% of his or her provident fund if unemployed for more than a month
• The remaining 25% of the corpus can be withdrawn after 2 months of unemployment
Jun 20, 2022 • 4 tweets • 2 min read
The Bucket Strategy for your Investments:
Bucket 1: Emergency Funds
Put some money aside in liquid funds, FDs, and debt funds that can be foreclosed without penalty. The aim is to ensure that the money is readily available when needed.
. #finance#personalgrowth#investments
Bucket 2: Short-term Goals
Your focus should be on protecting investments, not returns.
If you want to withdraw money in another 12-24 months, then don't invest in stocks or volatile funds;
look for short-term debt and dynamic bond funds.
Jun 18, 2022 • 7 tweets • 3 min read
Who is the biggest beneficiary of the IPL Media Rights sale, the @BCCI or the Teams?
Let's find out in this thread-
Total Revenue- ₹48,390
From the broadcasting rights revenue-
🔸Franchises receive 40%, and
🔸the balance of 60% stays with the Board.
👉Take a look at the calculation-
🔸BCCI will receive ₹29,034 crores (60%*₹48,390).
🔸Balance ₹19,356 crores will be divided among each team in 5 years.
🔸So, The cumulative yearly earnings for the IPL Teams will be ₹3871.2 crores (₹19,356/5 Years).
Jun 17, 2022 • 4 tweets • 1 min read
State-wise Penetration of #mutualfunds
.
Contribution per Capita (rs.)
