Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@@NaufalKnoechel Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
Suggestions- you must have a base amount. So, based on excel the current salary becomes the starting point. But there might be previous amount. So that becomes base. Nice video and thanks for nice calculator, your loan calculator is awseome.
Thank you the detailed explanation, you mentioned that 7:15 0.5 % is paid to EPFO as a premium for insurance. 1. How can we know the details about this insurance 2. If we want to use this insurance facility how can we use it?
Its a useless calculated, the excel sheet is locked thus when calculated EPF amount is more than 7 digit then I can't expand to see the total...great job team
The calculator assumed we remain in the same company throughout the contribution period. Rule says if you change your company, interest will accrue for 18 Months of last employer contribution and then account remains as is since further contribution will come in EPF account opened by new company (in same UAN).
There should be a base amount section if i already have amount in epf and working since last 12 years then i get the correct corpus .. and the calculator is great thank you
One crucial thing you missed to clarify ie there is a cap of 2.5 lac for employee contribution. This means anything above this will be taxed but taxed when? Of-course when the withdrawal will happen in future; may be immediate or after 5 years.
one thing is missing in this calculator sir.... What if someone is having some initial amount already in EPF. Can you please consider that in your calculator?
Let's say a person started his investment at 24 years but at 40 he left his job and now he is owning his business... So in that case will his investment which was available till 40 years gets compounded till his/her maturity age which is 58 years ... In short I just want to know whether compounding interest takes place or not even he is not working for any employer.... Your response will be helpful 😊.. Thanks in Advance... Video was quite informative as I was not aware about EPS maximum contribution for each months ...
Tried using the calculator. I started working at the age of 22 and now I am 38. I know the current amount in my EPF. Using the calculator now at the age of 38, it does not consider what I already have in my account I believe. Please add this. There should be a field to enter the current EPF balance and it should start calculation from there.
Very informative video. Appreciate the efforts to educate people. I have 3 questions: First, if someone leaves the job and still want to stay invested till the age of 58 or 60 in EPF (without contributing further after leaving the job), is this allowed? Or withdrawal is mandatory who is not in job? Secondly, pls elaborate on EPS process. Does it start automatically or How can someone apply for pension to start? Is this lifelong or till a certain age? Does this also continue for dependents? If someone leaves job at age 40 and withdraws EPF amount, what happens to accumulated EPS amount? Thirdly, what if someone continues to work after 60 years of age. Lets say someone works till 65, will EPF and EPS amount still get added up?
Please can you create a separate video for only the topic of 100 percent withdrawal steps in case of scenario where a person is unemployed for more than 2 months.
If I choose 12% instead of standard 1800, will it reduce my in-hand salary? What is the law? Can company take out employer contribution from my other components like 'special allowance' etc. ? or is it offence by company? Please give info on this.
Can you help with a question related to EPF withdrawal please? If my continuous years of contribution is 6 years and I am withdrawing now after 5 more years (during which I have accumulated interest). If the employee balance is 4 lakhs and employer balance is 2 lakhs (including interest) and I am going for full withdrawal. Do I have to submit Form 15G ? I read on some websites that 'If you withdraw after 5 years, you do not have to pay any TDS on EPF withdrawal'. Hence my question.
I left job on Jan-2022 and still I kept money on EPF but not getting interest, this topic you missed to cover Sir Ji, please make video of reply on this, what should I do to get interest every year?
Sir agr mahilaon K document m high school K mark sheet K according sar name diploma m na likha Ho to kya epfo se Paise nhi nikal payenge? Sadi K bad aksar es trh ki problem aati h... Mere diploma m nam K sath tripathi ni likha h, Baki high school n inter mediate m sar name likha h.... Plz reply me sir 🙏🙏🙏🙏🙏🙏
Very useful Info Sir.! Thanks .. I have a question on VPF, Just help me to understand whether Money Invested in VPF is tax exempted completely over and above 80C limit ? For Example: I am under 30% tax slab and my 80C limit is over utilized by EPF and ELSS, apart from EPF I am contribution 1Lakh Extra as VPF. Now this 1laks is exempted from my salary TDS (30%) ? I am assuming this 1Lakh will debited before tax calculation. Or this 1Lakh will be debited post tax/TDS calculation and I need to pay 30% tax on this amount before it goes to VPF ? Please do clarify.
Can you make video on higher pension scheme and it's current status. I come to know that many employers have yet not processed request of higher pension and pending with them.
My company policy is if you want to deduct the pf, you will contribute both employee and employer amount. On that case can I go for pf dedication or not pls suggest me?
I want to save TDS of 4000/- then how much should I invest every month and suppose I leave the organisation after 3 to 4 months the how can I withdraw the deposited amount.
Hi thanks for your video. I am not an indian citizen working with multinational company and i have taken the voluntary option to contribute in PF. Currently my employer contribution of 8.33% is contributed in EPS which is not restricted to 1250. i.e. if 10000 is employer contribution then than 8333 is contributed towards EPS and rest 2667 on EPF. I checked with my employer and the reason i got was due to me being international worker. Can you suggest if this is correct?
Sir how many years after your last contribution do you continue to get interest? basically no job so no contribution but have not withdrawn the epf fund. but for how long can I keep it hoping to continue getting the interest?
Sir, I have a UAN number since 2012 which got created in my company I had joined. Then after 9 years I have changed another company. My question Do I need to transfer amount from previous company PF account to new company. OR there is not need as I am using UAN
Can u please make video on how to transfer amount from old EPF account to new as my new employer mistakenly opened new EPF account with UAN no. Is it OK to shift or withdraw amount ?
After 4 years Company chang karne par dusra UAN no. Ban gaya ab ek karne ke liye kya karna hoga sir please help .Pf withdrawl me 34% tds deduction ho raha hai
Agar pf contribution increase karna hai tho kya employer ko bhi same increase amount Dena hoga.....ya phir employees ka increase or employer ka as per standard....
Sir jo aapne tax exemption bola wo clr nahi hua suppose company 1500 deti hai jo 80C mai jayega to humara 1500 contribution kis section k under jayega. (7.5lakh i think aapne bola)
Sir please make video on higher pension scheme vs old pension scheme. Which is better for compounding effect. And the corpus We get from old pension scheme after age of 58 we could invest it in mutual fund swp plan. Which one is better in that respect.
Please anyone answer : In Atal Pension Yojana: After demise of Subscriber and Spouse, corpus amount will be given to Nominee. What if the spouse is the nominee as well, Does the spouse get corpus as well as pension till death?
I've worked for multiple employers and not all of them divide PF contribution as EPF+EPS. Some employers have put all amount in EPF only. In this case how the pension will be calculated? Can i opt out of EPS and get whole contribution in EPF?
Sir thanks for the information but sir mene diffared pension ke liye apply Kiya hai 58 year ki jagah 60 year ke bad leni hai to isaka calculation aapke paas hai our excle sheet like description di hai..😊
Mera pravate company me 17 years job huwa mera age 57 hai. Aur retirement huwa. Abhi muze pura epf fund nikalna hai tax duduct hoga kya nahi please batao
I have doubt, For someone whose PF is maintained and managed by that organization itself and not by EPFO in that case, Is interest is given only on that company PF deduction or whole PF amount of individual.
If there is no contribution for 6 months or more than 6 months in any epf account then what are the consequences and what should do ? Please explain.. thank you.
❤ very nice informative information sir my name is syeda Mohammadi Hashmi ❤ sir meri question ❓⁉️ hai 7 years tak job per the me resign kar de aur meri salary 14 thousand the 7 year ke kitna pf melaga
The excel sheet is showing ###### on cells after 12 years, after entering a high salary amount, ig it is because of overflow when corpus exceeds 10 crores....
I request you to review floowing points & send representation to the Prime minister office for review & rectification. 1 Presently, PF allows payment of interest upto three years post retirement. However, it becomes taxable as person is no more an employee. Amendment may be made in income tax to make such interest income expempt upto 3 year like ppf. 2 Withdrawal of PF may be allowed in installments as person is not able to invest the full amount immediately. 3 Retirement age has gone up to 60+ years in many companies/ Govt. However pension is fixed at the age of 58 years under family pendion fund. It may be modified to make it in line with age of retirement. 4, Senior executives/ Directors continue to work upto 75 years & continue to contribute heavy amount to pf. It should be discontinued beyong 60 years. Govt will save huge interest. 5 , Family pension under epf should be discontinued afer the introduction pf NPS.Pension may be commuted as if person is retiring today & corpus be transferred to employee NPS Account. I hv retired 5 years back & faced these issues. I am available for discussion. Regards
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Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@@NaufalKnoechel Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
@@BotheGhita Oh please I’d love that. Thanks!
*MARGARET MOLLI ALVEY*
Lookup with her name on the webpage.
NPS pe bhi ek video banaye jisme ye jarur discuss kare ki NPS ke funds ko restructure kab kare aur kaise kare jisse maximum returns mile
There is no provident fund of current central government employees, only NPS.
Employer contribution breakdown is interchanged in the video. EPF is 8.33% and EPS is 3.67%. 5:33
I was extremely confused before Regarding EPF and all
But after watching this incredible video...It's all clear to me..Thanks 😊
❤
Thanks for explaining everything in such a good manner.
Sir make a video around NPS employer contribution and exemption on new tax regime, under 80CCD2.
Suggestions- you must have a base amount. So, based on excel the current salary becomes the starting point. But there might be previous amount. So that becomes base.
Nice video and thanks for nice calculator, your loan calculator is awseome.
Sir agar paise nikalne hai job chodne k baad to kya poora Paisa nikal sakte hai pension wala part bhi
Thank you the detailed explanation, you mentioned that 7:15 0.5 % is paid to EPFO as a premium for insurance.
1. How can we know the details about this insurance
2. If we want to use this insurance facility how can we use it?
Sir pls make detail video on NPS. Covering topics of taxation, withdrawal, plus and minus points of NPS
+1
Its a useless calculated, the excel sheet is locked thus when calculated EPF amount is more than 7 digit then I can't expand to see the total...great job team
Question:-
1:- Kya EPS withdrawal kara ja sakta h?
2:- EPS ko details me samjhaiye
Very informative video for All employees keep it up Sir.
I really like the way you're explaining things! Finance ke sath sath im seeing the other side of excel! Very informative 🥰🫶🏻
Missing a couple of points in the calculator.. current amount in the PF account and VPF contribution... that will make your calculator complete
Gazab samjhaya sir maja aa gya sara confusion khatam
अगर घर के रहे हो तो होम लोन का amount ज्यादा के vs PF से amount निकाल कर loan amount कम कर दे।
Which option is beneficial
The calculator assumed we remain in the same company throughout the contribution period. Rule says if you change your company, interest will accrue for 18 Months of last employer contribution and then account remains as is since further contribution will come in EPF account opened by new company (in same UAN).
Hi Mukul,
Taxation on EPF is complex after April 2020. An example of scenarios and taxes to be paid for HNIs would have been helpful.
There should be a base amount section if i already have amount in epf and working since last 12 years then i get the correct corpus .. and the calculator is great thank you
I must say its a very nicely described video. One confusion they why a lot of people doesn't have pension only pf contribution goes to that employee.
Thank You sir,
Epf ke bare me bahut Sara video dekha. But aap jaisa samjhaye aisa nhi mila. Confusion clear ho gya. Thank u very much.
One crucial thing you missed to clarify ie there is a cap of 2.5 lac for employee contribution. This means anything above this will be taxed but taxed when? Of-course when the withdrawal will happen in future; may be immediate or after 5 years.
Can u pls provide the maturity calculation in case of VPF
Please add a section where user can enter the DA % value. For Govt. Employees DA is revised every year.
According the EPF contribution is adjusted
Video is really good but There are few more things on EPF u have not covered yet.
Kya kya documant chahiye air please help me
one thing is missing in this calculator sir.... What if someone is having some initial amount already in EPF. Can you please consider that in your calculator?
Let's say a person started his investment at 24 years but at 40 he left his job and now he is owning his business... So in that case will his investment which was available till 40 years gets compounded till his/her maturity age which is 58 years ...
In short I just want to know whether compounding interest takes place or not even he is not working for any employer....
Your response will be helpful 😊..
Thanks in Advance...
Video was quite informative as I was not aware about EPS maximum contribution for each months ...
Tried using the calculator. I started working at the age of 22 and now I am 38. I know the current amount in my EPF. Using the calculator now at the age of 38, it does not consider what I already have in my account I believe. Please add this. There should be a field to enter the current EPF balance and it should start calculation from there.
EPS ka jo contribution hai usko hum kab withdraw kar sakte hain ? Ya fir agar wo monthly pension main convert hoga to uska procedure kya hai ?
Very informative video. Appreciate the efforts to educate people. I have 3 questions:
First, if someone leaves the job and still want to stay invested till the age of 58 or 60 in EPF (without contributing further after leaving the job), is this allowed? Or withdrawal is mandatory who is not in job?
Secondly, pls elaborate on EPS process. Does it start automatically or How can someone apply for pension to start? Is this lifelong or till a certain age? Does this also continue for dependents? If someone leaves job at age 40 and withdraws EPF amount, what happens to accumulated EPS amount?
Thirdly, what if someone continues to work after 60 years of age. Lets say someone works till 65, will EPF and EPS amount still get added up?
Uan disable hai Kab hoga enabled sir please
Pension can be more than Rs. 7500 if option A is selected. For option B pension is below Rs 7500.
What is nagative value shows in the passbook
superb video for understanding the concept... please add one more column for the voluntary contribution of the employee.
What would be the monthly pension amount from EPFO after retirement, throw some lights on this aspect.
Please can you create a separate video for only the topic of 100 percent withdrawal steps in case of scenario where a person is unemployed for more than 2 months.
If I choose 12% instead of standard 1800, will it reduce my in-hand salary? What is the law? Can company take out employer contribution from my other components like 'special allowance' etc. ? or is it offence by company? Please give info on this.
Kya propriter EPF suru kar sakta hai kya
Can you help with a question related to EPF withdrawal please? If my continuous years of contribution is 6 years and I am withdrawing now after 5 more years (during which I have accumulated interest). If the employee balance is 4 lakhs and employer balance is 2 lakhs (including interest) and I am going for full withdrawal. Do I have to submit Form 15G ? I read on some websites that 'If you withdraw after 5 years, you do not have to pay any TDS on EPF withdrawal'. Hence my question.
Sir maturity amount at the time off retirement, how many years additional can be kept and interests earned
VPF Calculations bhi batiya.
Return is 7% which hardly beat inflation and it will reduce soon 🙏
I left job on Jan-2022 and still I kept money on EPF but not getting interest, this topic you missed to cover Sir Ji, please make video of reply on this, what should I do to get interest every year?
Sir
According to my knowledge for the employer the maxi amount he will share Rs. 1800 or 12%
Is it good to increase my contribution in EPF or invest this amount in other like NPS
Thank you so much sir the content was so clear and easy to catch.
You are most welcome
How to merge two UAN numbers?
What is the Taxation Clause if contributions is above 2.5 lakh employee contribution ??
Sir agr mahilaon K document m high school K mark sheet K according sar name diploma m na likha Ho to kya epfo se Paise nhi nikal payenge? Sadi K bad aksar es trh ki problem aati h... Mere diploma m nam K sath tripathi ni likha h, Baki high school n inter mediate m sar name likha h.... Plz reply me sir 🙏🙏🙏🙏🙏🙏
Very useful Info Sir.! Thanks .. I have a question on VPF, Just help me to understand whether Money Invested in VPF is tax exempted completely over and above 80C limit ? For Example: I am under 30% tax slab and my 80C limit is over utilized by EPF and ELSS, apart from EPF I am contribution 1Lakh Extra as VPF. Now this 1laks is exempted from my salary TDS (30%) ? I am assuming this 1Lakh will debited before tax calculation. Or this 1Lakh will be debited post tax/TDS calculation and I need to pay 30% tax on this amount before it goes to VPF ? Please do clarify.
Can you make video on higher pension scheme and it's current status. I come to know that many employers have yet not processed request of higher pension and pending with them.
Farm Chang se pensions mee parrata hi jee ?
Hi pl make a detailed video on tax norms on different withdrawal methods of EPF
UR A GENIUS MUKUL SIR ♥️
My current company has trust, should I transfer my old pf to this trust?. Will I lose interest from old pf if I don't transfer? Please advise
whether EPF is applicable for government employees ?
what is an ideal amount 12% of basic or standard 1800 , from an employee perspective?
Please talk about the EPS. How does one get a monthly pension.
Mera uan account disable hai Kab hoga enabled sir
My company policy is if you want to deduct the pf, you will contribute both employee and employer amount.
On that case can I go for pf dedication or not pls suggest me?
I want to save TDS of 4000/- then how much should I invest every month and suppose I leave the organisation after 3 to 4 months the how can I withdraw the deposited amount.
Hello sir, how is the pension amount calculated if a person has withdrawn all his EPF amount on times after the job loss
Does gov give monthly interest on PF amount?
Hi thanks for your video. I am not an indian citizen working with multinational company and i have taken the voluntary option to contribute in PF. Currently my employer contribution of 8.33% is contributed in EPS which is not restricted to 1250. i.e. if 10000 is employer contribution then than 8333 is contributed towards EPS and rest 2667 on EPF. I checked with my employer and the reason i got was due to me being international worker. Can you suggest if this is correct?
EPF Account kaise open kare..ye post office main subiday hain kiya..
Existing balance and vpf ka bhi column add kar please and how to get the excel ?
Sir Aisa konsa law h ki total amount employee ki salary se hi kata jata h
Sir pls reply this question ...After getting salary how many days it takes to reflect that months amount in EPF account?
where to show employer's contribution towards EPF in ITR ?
Sir service length is not ten years in one company but I'm contributing regularly in epfo through different companies am I eligible for eps pension
Sir how many years after your last contribution do you continue to get interest? basically no job so no contribution but have not withdrawn the epf fund. but for how long can I keep it hoping to continue getting the interest?
Sir, I have a UAN number since 2012 which got created in my company I had joined. Then after 9 years I have changed another company. My question Do I need to transfer amount from previous company PF account to new company. OR there is not need as I am using UAN
Can interest amount payed continues after retirement age
Can u please make video on how to transfer amount from old EPF account to new as my new employer mistakenly opened new EPF account with UAN no. Is it OK to shift or withdraw amount ?
After 4 years Company chang karne par dusra UAN no. Ban gaya ab ek karne ke liye kya karna hoga sir please help .Pf withdrawl me 34% tds deduction ho raha hai
Agar pf contribution increase karna hai tho kya employer ko bhi same increase amount Dena hoga.....ya phir employees ka increase or employer ka as per standard....
Sir jo aapne tax exemption bola wo clr nahi hua suppose company 1500 deti hai jo 80C mai jayega to humara 1500 contribution kis section k under jayega. (7.5lakh i think aapne bola)
Sir please make video on higher pension scheme vs old pension scheme. Which is better for compounding effect.
And the corpus We get from old pension scheme after age of 58 we could invest it in mutual fund swp plan.
Which one is better in that respect.
Sir EpS ka amount kitna hua Kahan check kar sakte hain?Kisiko eps nahi karni hai aur pura 12% epf main dalna hai to possible hai?
Nicely explained 🎉
Thanku so much sir... Very help full information
Please anyone answer :
In Atal Pension Yojana: After demise of Subscriber and Spouse, corpus amount will be given to Nominee.
What if the spouse is the nominee as well, Does the spouse get corpus as well as pension till death?
I've worked for multiple employers and not all of them divide PF contribution as EPF+EPS. Some employers have put all amount in EPF only. In this case how the pension will be calculated? Can i opt out of EPS and get whole contribution in EPF?
Sir should i withdraw my epf amnt to buy mutual fund or SIP... or not..pls tell which is best investment between mutual fund or epf..
Wao, thanks for detail video
Lekin pf contribution 1800 he hai na max to kya vo bhi badega 30 years tak 10% yearly
Sir thanks for the information but sir mene diffared pension ke liye apply Kiya hai 58 year ki jagah 60 year ke bad leni hai to isaka calculation aapke paas hai our excle sheet like description di hai..😊
Sir during (EPF )job agar kisi employee ki death ho gai toh Uska kuch salo ka jama paisa kya hoga ????
Mera pravate company me 17 years job huwa mera age 57 hai. Aur retirement huwa. Abhi muze pura epf fund nikalna hai tax duduct hoga kya nahi please batao
I have doubt, For someone whose PF is maintained and managed by that organization itself and not by EPFO in that case, Is interest is given only on that company PF deduction or whole PF amount of individual.
If there is no contribution for 6 months or more than 6 months in any epf account then what are the consequences and what should do ? Please explain.. thank you.
❤ very nice informative information sir my name is syeda Mohammadi Hashmi ❤ sir meri question ❓⁉️ hai 7 years tak job per the me resign kar de aur meri salary 14 thousand the 7 year ke kitna pf melaga
The excel sheet is showing ###### on cells after 12 years, after entering a high salary amount, ig it is because of overflow when corpus exceeds 10 crores....
Yogi ji, is there TDS or taxability on the interest accumulation in PF account , on early retirement after 30 years of working?
I request you to review floowing points & send representation to the Prime minister office for review & rectification.
1 Presently, PF allows payment of interest upto three years post retirement. However, it becomes taxable as person is no more an employee. Amendment may be made in income tax to make such interest income expempt upto 3 year like ppf.
2 Withdrawal of PF may be allowed in installments as person is not able to invest the full amount immediately.
3 Retirement age has gone up to 60+ years in many companies/ Govt. However pension is fixed at the age of 58 years under family pendion fund. It may be modified to make it in line with age of retirement.
4, Senior executives/ Directors continue to work upto 75 years & continue to contribute heavy amount to pf. It should be discontinued beyong 60 years. Govt will save huge interest.
5 , Family pension under epf should be discontinued afer the introduction pf NPS.Pension may be commuted as if person is retiring today & corpus be transferred to employee NPS Account.
I hv retired 5 years back & faced these issues. I am available for discussion. Regards
Hi Sir, By default employer contribution is 12% Can we increase it ?
Please explain about VPF
Sir,how can we consider pension amount this?please explain