EPFO NEW RULE - The Employe provident fund organisation [epfo] has Empliment automatic trasfer system EPFO For your provident fund balance APRIL1 Is the new financial year in INDIA . This is the Important For your WALLET Because most new tax rule announced in the budget by finance minister in 'NIRTMALA SITARAMAN' take effect in this day.so it's agood idea tobe aware of them The new fiscal year bring updated rule for your saving rulein plan[nps& epfo]; taxes ;fastage ;and other financial matter understating these changes can help you save avoid any rule breaking headches it''s worth taking some time NEW EPFO RULE - SWITCHING JOBS IN YOUR FINANCIAL YEAR .The Employes ;provident fund organisede EPFO has implemented an automatic trasfetr system for your provident balance .EPFO will automatic credid your pf balance to new emplye'r account ,ensuring a sameless contrition on your retierment saving and the processof managing your pf balance NEW TAX REGIME-Starting april 1;2024 system becomes the defuilt option in india .the means unless you specifically choose the old tax system ,your taxes will be calculated automatically in the new rule .here the good news the taxes bracket for the new system remain the same the finaceial year 2024-2025 [TAX YEAR 2025-26]. THERE WERW NO CHANGES ANNOUNCED in therecent budget .if your INCOME 7 LAKH or less annually you won;t pay any income tax under the new system
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