Introduction: A PAN (Permanent Account Number) is a 10-digit alphanumeric identifier issued by the Income Tax Department in India, serving as a document for identity verification. Additionally, it is mandatory to provide a PAN Card when opening a bank account or conducting financial transactions. It is akin to the Social Security Number (SSN) issued in […]
Introduction: The Employee Provident Fund is a tax-saving plan in India designed to assist salaried individuals in saving for retirement through employer contributions. It offers a retirement benefit to salaried workers, ensuring financial security for daily expenses and maintaining their lifestyle even after retirement. Employee Provident Fund: The Employee Provident Fund is a savings scheme […]