Common Man Experiences - Discontinuation of Rs 500 and Rs 1000 notes

Prime Minister Modi has struck a real blow to black money by declaring the discontinuation of Rs 500 and Rs 1000 notes. The real challenge now lies in smooth turn over to new notes without impacting the day-to-day life and livelihood of crores of indian citizens.

Here are some experiences of common men/women in india:

  • General Mood - general mood is very positive and everybody is ...

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Details on How to Exchange or Deposit old Rs 500 and Rs 1000 notes

On Nov 8, 2016 night, prime minister Modi sprung a surprise by discontinuing all existing Rs 500 and Rs 1000 notes effective Nov 8 night. It is a great move against black money by the govt. But for general public point of view, it will create lot of difficulties in doing day-to-day transactions.

Here is a guide on how to exchange or deposit old Rs 500 and Rs 1000 notes:

(Please note that banks ...

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EPF Member Passbook not available - at UAN Portal

Know what to do if you are getting the error message - "member passbook not available" while trying to download member passbook from UAN Portal (Member e-Sewa portal).

During last year, EPFO has tried to digitize and simplify all procedure to make life easier for subscribers. To do this, it has issued UAN (universal account numbers) to all subscribers and created a [UAN portal or e-Sewa Portal...

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PPF interest rates since 1968 - Compare historical rates

The interest rates on the Public Provident Fund (PPF) keep changing from time to time. Here is a comprehensive list of interest rates changes year after year in PPF.

Financial Year Interest Rate
1968-69 4.8%
1969-70 4.8%
1970-71 5%
1971-72 5%
1972-73 5%
1973-74 5.3%
1.4.1974 to 31.7.1974 5.8%
1.8.1974 to 31.3.1975 7%
1975-76 7%
1976-77 7%
1977-78 7.5%

1978-79...

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PPF And Sukanya Samriddhi Interest rate reduced from 1st Oct. 2016

As per govt notification issued on Sep 29, 2016, the interest rate on Public provident fund (PPF) and Sukanya Samriddhi account has been changed mid year.

For the third quarter starting 1st Oct 2016, PPF interest rate has been reduced to 8.0% from earlier 8.1%. Similar for Sukanya Samriddhi account (SSA...

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PPF Premature Closure after 5 years - Latest Rule (2016)

PPF account has a lock-in period of 15 years. Up until now, you were allowed to close the account prematurely only in the event of the death of the Account holder. But now you can close prematurely, after completion of 5 years, for medical emergency and higher education also, though with a penalty of 1% reduction in interest rate throughout.

On Jun 18th 2016, finance ministry issued a new notification containing updated rules for premature closure of PPF. You can see the official gazette notification here. Let us understand the details -

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ESI Online Payment of Contribution

Employees’ State Insurance Corporation (ESIC) is one of the major social security plans in India, the other being Employees’ Provident Fund Organization (EPFO). Government of India enacted the Employees’ State Insurance Act, 1948 (ESI Act) to set up Employee State Insurance Corporation (ESIC). ESIC covers low-earning employees providing them with basic healthcare and social security schemes. ...

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Getting NOC for transfer/sale of car to another state in India

Car registration and inter-state transfers are needlessly complicated procedures in India. These days people move regularly between states due to job changes and other reasons and thus it beceomes necessary to get your vehicle transferred to another state. Here are useful notes based on our experience of getting NOC for car transfer from Bangalore to Pune (in hope that it is useful for other ...

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EPF Balance Enquiry with UAN number (SMS: EPFOHO UAN ENG)

If you are a registered UAN member (Universal Account Number), you can enquire your EPF/PF balance by sending a quick sms. Here are the details:

Send SMS To: 7738299899
SMS Format / Text: EPFOHO UAN ENG

Within a minute, you will receive an sms containing your PF details including last contribution and balance, account linking status...

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Know how to check - EPF / EPFO withdrawal claim status online

Now-a-days you can check the status of your EPF withdrawl claim status online.

If you want to withdraw and have not filed the claim yet, you can follow the pf withdrawl process post. If you have already filed your withdrawl claim, you can check the status of your claim at the following site:

[http://www.epfindia.gov.in/...

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