Provident Fund

The Supreme Court on Friday sought response from the Centre and others on a plea seeking directions to create a centralised database providing information about bank accounts, insurance, post office funds etc. held by deceased account holders.

As per blockchain analytics provider Elliptic, hackers have been flocking to RenBridge to wash the funds they have obtained via hacks and scams. RenBridge is also an important facilitator for Russia-linked ransomware gangs, with over $153 million (roughly Rs. 1,215 crore) in ransom payments laundered through the service to date.

Micron has announced its plan to invest $40 billion (roughly Rs. 3,18,000 crore) on domestic chip production in the US by the end of the decade. The company also hailed the signing of the CHIPS and Science Act, calling the legislation an important step towards American semiconductor leadership. The White House also hailed the Micron announcement.

Provident Fund (PF) data of about 28 crore Indians was found to have been leaked by hackers earlier this month. A cybersecurity researcher from Ukraine, Bob Diachenko, made the discovery on August 2 and said that details such as UANs, names, marital status, Aadhaar details, gender, and bank account details were exposed online.

The Biden administration has announced that it will provide $401 million (roughly Rs. 3,195 crore) to bring internet access to 31,000 residents in rural areas, along with businesses in 11 states. US Vice President Kamala Harris is set to announce the formation of a coalition of 12 companies and foundations to invest billions of dollars in low-incom...

The UAN is usually printed on the payslip; however, if the employer has not shared the 12-digit code with you, it can be generated online.

Retirement fund body EPFO added 16.82 lakh new subscribers, in May 2022, over 80 per cent more than 9.2 lakh enrolled in the year-ago month, according to official data.

The idea behind crypto mixers is to remove any digital signatures associated with a particular trade and maintain privacy of the transaction. In recent days however, scammers and hackers have been exploiting these privacy tools to launder money and clean funds obtained via illicit activities.

The US chip bill, the upcoming legislation to provide $52 billion (roughly Rs. XXX crore) in financial incentives and research, plus another $1.5 billion (roughly Rs. XX crore) for a fund that would encourage competition, could be passed by the Senate in the coming days. While the chip bill appeared to be in trouble three weeks ago, Republicans hav...

The facility can only be availed by employees covered under CS(MA) rules or under the Central Government Health Scheme (CGHS).

Flipkart and Walmart will contribute over Rs. 2 crore towards flood relief work in Assam. The funds from the Walmart Foundation and Flipkart Foundation will be used to help humanitarian organisation 'Doctors For You' working to provide relief kits with essential food items, medicines and hygiene-care products to people in the region.

All residents of India are eligible for investing in the PPF scheme. Individuals can open a PPF account by visiting the online portals of banks.

The ongoing cryptocurrency market meltdown could prove to be a cautionary tale for US public pension funds. Amid a plunge in prices for Bitcoin and other cryptocurrencies in recent weeks, crypto lenders have declared bankruptcy and others are facing a cash crunch. A handful of public pension funds that have dipped their toes in the crypto pool over...

The government has decided to reduce the tax benefits on PF, in a move to target high-income earners who benefit from the scheme.

An individual who starts working at the age of 21 years with a basic monthly salary and DA (Dearness Allowance) of Rs 25,000 can retire with over Rs 1 crore from his regular contributions to the EPF investment.

The Supreme Court on Friday sought response from the Centre and others on a plea seeking directions to create a centralised database providing information about bank accounts, insurance, post office funds etc. held by deceased account holders.

As per blockchain analytics provider Elliptic, hackers have been flocking to RenBridge to wash the funds they have obtained via hacks and scams. RenBridge is also an important facilitator for Russia-linked ransomware gangs, with over $153 million (roughly Rs. 1,215 crore) in ransom payments laundered through the service to date.

Micron has announced its plan to invest $40 billion (roughly Rs. 3,18,000 crore) on domestic chip production in the US by the end of the decade. The company also hailed the signing of the CHIPS and Science Act, calling the legislation an important step towards American semiconductor leadership. The White House also hailed the Micron announcement.

Provident Fund (PF) data of about 28 crore Indians was found to have been leaked by hackers earlier this month. A cybersecurity researcher from Ukraine, Bob Diachenko, made the discovery on August 2 and said that details such as UANs, names, marital status, Aadhaar details, gender, and bank account details were exposed online.

The Biden administration has announced that it will provide $401 million (roughly Rs. 3,195 crore) to bring internet access to 31,000 residents in rural areas, along with businesses in 11 states. US Vice President Kamala Harris is set to announce the formation of a coalition of 12 companies and foundations to invest billions of dollars in low-incom...

The UAN is usually printed on the payslip; however, if the employer has not shared the 12-digit code with you, it can be generated online.

Retirement fund body EPFO added 16.82 lakh new subscribers, in May 2022, over 80 per cent more than 9.2 lakh enrolled in the year-ago month, according to official data.

The idea behind crypto mixers is to remove any digital signatures associated with a particular trade and maintain privacy of the transaction. In recent days however, scammers and hackers have been exploiting these privacy tools to launder money and clean funds obtained via illicit activities.

The US chip bill, the upcoming legislation to provide $52 billion (roughly Rs. XXX crore) in financial incentives and research, plus another $1.5 billion (roughly Rs. XX crore) for a fund that would encourage competition, could be passed by the Senate in the coming days. While the chip bill appeared to be in trouble three weeks ago, Republicans hav...

The facility can only be availed by employees covered under CS(MA) rules or under the Central Government Health Scheme (CGHS).

Flipkart and Walmart will contribute over Rs. 2 crore towards flood relief work in Assam. The funds from the Walmart Foundation and Flipkart Foundation will be used to help humanitarian organisation 'Doctors For You' working to provide relief kits with essential food items, medicines and hygiene-care products to people in the region.

All residents of India are eligible for investing in the PPF scheme. Individuals can open a PPF account by visiting the online portals of banks.

The ongoing cryptocurrency market meltdown could prove to be a cautionary tale for US public pension funds. Amid a plunge in prices for Bitcoin and other cryptocurrencies in recent weeks, crypto lenders have declared bankruptcy and others are facing a cash crunch. A handful of public pension funds that have dipped their toes in the crypto pool over...

The government has decided to reduce the tax benefits on PF, in a move to target high-income earners who benefit from the scheme.

An individual who starts working at the age of 21 years with a basic monthly salary and DA (Dearness Allowance) of Rs 25,000 can retire with over Rs 1 crore from his regular contributions to the EPF investment.