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- The department of economic affairs, under the ministry of finance, which has released the circular also asked not to send any such proposal for consideration of merging of PPF accounts opened under the PPF rules, 2019.
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Tax professionals and PF experts, however, said the amendment to raise the threshold limit from ₹2.5 lakh to ₹5 lakh only benefited the government employees, which was discriminatory.
ByRajeev Jayaswal, Hindustan Times, New Delhi
If the new labour codes are implemented, there's a likelihood that employees in India may be able to enjoy a four-day workweek from next year, as opposed to the current five-day workweek.
Written by Joydeep Bose | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
Account holders are eligible for assured life insurance benefits, without having to pay any premium.