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EPF New Rules: Enhanced Benefits for Workers in 2024-25 The Employees’ Provident Fund (EPF) is a commendable initiative by the Indian government, designed to support workers financially during retirement. Managed by the Employees’ Provident Fund Organization (EPFO), this scheme assigns a unique Universal Account Number (UAN) to each member. Excitingly, starting from the new financial year 2024-25, EPFO has introduced several new rules that promise significant advantages for employees. Seamless EPF Account Transfers with Job Changes Changing jobs often involves the hassle of transferring your EPF account, which can lead to confusion and, in some cases, loss of savings. However, beginning April 1st, 2024, the EPFO has implemented a new rule to alleviate this issue. When you switch jobs, your EPF balance will automatically transfer to your new employer's account. This automatic transfer eliminates the need for cumbersome paperwork and waiting periods, streamlining the process for employees. Awaiting Official Confirmation on Interest Transfers Although this decision is highly anticipated, we await official confirmation from the EPFO. Key details, such as whether the accrued interest will also transfer along with the account balance, remain to be clarified. The EPFO's forthcoming official announcement will provide definitive answers and set the new procedures in motion. Understanding the EPF Contribution and Interest System Each month, both employees and employers contribute 12% of the employee's basic salary and dearness allowance to the EPF. The employer's contribution is divided, with a portion allocated to the pension scheme and the remainder deposited into the EPF account. The EPFO declares the annual EPF interest rate, which serves as a significant bonus for employees. NEWS
  • May 20, 2024

EPF New Rules: How EPFO is Doubling Benefits for Employees

The Employees’ Provident Fund (EPF) is a commendable initiative by the Indian government, designed to support workers financially during retirement.…
Welcoming the Prime Minister: A Moment of Wonder As we waited in anticipation, everyone wondered who the person we were about to meet was. The moment he walked in, it felt like time stood still. The excitement in the air was palpable. Whether meeting for the first time or on familiar terms, there was a sense of camaraderie. We continued to mingle, exchanging greetings and sharing in each other's joy. It felt like reconnecting with old acquaintances. A Dream Realized: Celebrating Success It was surreal. The feeling of validation swept over us as we celebrated. Winning the game of recognition, our industry had triumphed. The recent National Creators Award was a testament to that. Even then, it felt like a long-awaited acknowledgment from the government, recognizing the creativity we showcased on platforms like YouTube. Pursuing Gaming: An Uphill Journey My journey into gaming wasn't conventional. Hailing from a middle-class family in Nainital, Uttarakhand, my parents, particularly my father, a private school teacher for 30 years, ensured my sister and I received the best education. When I expressed my desire to pursue gaming as a career, their support was unwavering. Breaking Stereotypes: Redefining Success The idea of being glued to a computer screen all day didn't sit well with many. However, I was determined to make a mark in the gaming industry. I wanted to showcase to the world that gaming isn't just about sitting idle but involves talent and dedication. Thus, I embarked on my journey, aiming to elevate the gaming scene in India. Influencing through Gaming: Inspiring the Youth One of my primary goals is to inspire young individuals pursuing gaming. It's not merely about playing games but about setting an example, showing that gaming can lead to success. My aspiration is to be a role model for aspiring gamers, guiding them towards the right direction and showcasing the possibilities gaming holds. Tech
  • April 13, 2024

Prime Minister Narendra Modi engages with India’s top gamers to discuss the future of gaming

Prime Minister Narendra Modi engages with India’s top gamers to discuss the future of gaming. In a recent interaction at…
OnePlus Nord 4: Unveiling the Next Level Smartphone Experience Introduction The OnePlus Ace 3V, recently launched in China, is set to make its debut in India as the OnePlus Nord 4. With its cutting-edge features and impressive upgrades, it's poised to redefine the smartphone landscape. Let's delve into the details of this eagerly anticipated device. Design and Build Quality The OnePlus Nord 4 boasts a signature OnePlus design, with a sleek glass sandwich build and a choice of striking colors. Compared to its predecessor, the Nord 3, it's thicker and heavier, housing a larger battery. Notably, it now flaunts an IP65 rating, enhancing its durability and resilience against water and dust. Display and Multimedia Experience Featuring a stunning 6.74-inch 1.5K 120Hz AMOLED panel, the Nord 4 offers an immersive viewing experience. With a peak brightness of 2150 nits and the inclusion of aqua touch technology, it promises vibrant visuals and smooth touch responsiveness. While the dual stereo speakers deliver crisp sound, the absence of Dolby Atmos support may leave some users wanting more. Performance and Benchmark Results Powered by the Snapdragon 7+ Gen 3 chipset, the OnePlus Nord 4 sets new benchmarks for performance. Boasting an octa-core processor and Adreno 732GPU, it delivers exceptional speed and efficiency. Benchmark tests reveal impressive scores, positioning it as a frontrunner in its category. Coupled with ample LPDDR5X RAM and UFS 4.0 storage options, it ensures seamless multitasking and swift app launches. Camera Capabilities Equipped with a 50MP IMX88 Tech
  • April 12, 2024

OnePlus Nord 4 Unboxing

In this comprehensive review, we delve into the OnePlus Nord 4, exploring its features, design, performance, and overall value proposition.…
WhatsApp Introduces Meta AI Chatbot: Revolutionizing Conversations in India Meta AI, the latest innovation from Meta unveiled at Meta Connect 2023, has brought a wave of excitement among users. This AI-powered chatbot is set to redefine the way we interact on social media platforms, particularly WhatsApp. Let's delve into the intricacies of Meta AI and understand how it's poised to transform conversations. Unveiling Meta AI: A Glimpse into the Future Meta AI, showcased at Meta Connect 2023, boasts an array of AI-powered features designed to enhance user experience. Leveraging advanced technologies such as Llama 2 generative text model and Meta's Large Language Model (LLM) research, Meta AI aims to facilitate seamless conversational interactions. Key Features of Meta AI 1. Conversational Capabilities Meta AI is engineered to mimic human-like conversations, offering users a natural and engaging interaction experience. Its sophisticated algorithms enable it to comprehend and respond to queries effectively. 2. Image Generation Tool One of the standout features of Meta AI is its image generation tool. By simply typing '@MetaAI /imagine' followed by a text prompt, users can witness the magic unfold as Meta AI swiftly generates realistic images, enriching the visual aspect of conversations. 3. Integration with Microsoft's Bing Meta has collaborated with Microsoft's Bing to integrate real-time information retrieval into text-based conversations. This integration enhances the utility of Meta AI by providing users with instant access to relevant information. How to Engage with Meta AI Tech
  • April 12, 2024

WhatsApp Introduces Meta AI Chatbot Conversations in India

Meta AI, the latest innovation from Meta unveiled at Meta Connect 2023, has brought a wave of excitement among users.…
Vietnamese Property Tycoon Sentenced to Death in $27bn Fraud Case Truong My Lan found guilty of embezzling from Saigon Commercial Bank in case that was part of wider crackdown A prominent figure in Vietnam's real estate sector, Truong My Lan, has been handed a severe sentence, marking a significant chapter in the country's legal history. The verdict, delivered in Ho Chi Minh City, found Lan, the chair of Van Thinh Phat Holdings, guilty on multiple counts including embezzlement, bribery, and banking violations. This landmark case, part of a broader anti-corruption campaign, has reverberated across the nation. The Verdict and Its Implications The judiciary's decision to sentence Truong My Lan to death underscores the gravity of the offenses committed. The embezzlement of $12.5bn, a staggering 3% of Vietnam's GDP, has shaken public trust in both the Communist party and state institutions. Lan's involvement in siphoning funds from Saigon Commercial Bank (SCB) over a decade, along with 85 other defendants, reflects the pervasive nature of corruption within financial circles. Unprecedented Crackdown and Legal Proceedings Led by the Communist party's secretary general, Nguyễn Phú Trọng, Vietnam's anti-corruption campaign, aptly named "Blazing Furnace," has gained momentum in recent years. The trial, w World
  • April 11, 2024

Truong My Lan Vietnam Real Estate Tycoon Sentenced to Death

Truong My Lan was found guilty of embezzling from Saigon Commercial Bank in a case that was part of a…
Indian Banks Struggle with Deposit Crunch: Insights and Implications Understanding the Current Banking Landscape In recent news, Indian banks find themselves grappling with a significant deposit crunch in the financial year 2023-24. According to reports from the Reserve Bank of India (RBI), the credit-deposit ratio has soared to unprecedented levels, reaching 80%. This ratio represents the proportion of a bank's deposits utilized for lending purposes, and its current surge marks the highest recorded since 2015. Factors Driving the Deposit Dilemma Shift Towards High-Yield Investments One prominent factor contributing to this dilemma is the growing inclination of customers towards high-return, equity-linked products. Bhavik Hathi, managing director of consulting firm Alvarez and Marsal, highlighted this trend, emphasizing how it has led to a reduction in the amount of money being deposited in banks. Ineffectiveness of Deposit Rate Hikes Economy
  • April 11, 2024

Indian Banks Struggle with Credit-Deposit Ratio

In the realm of Indian banking, the Credit-Deposit (CD) ratio stands as a pivotal metric, offering insights into the financial…
Vijayawada Metro Rail Project Hyderabad Auto Rickshaw stunt in hitech city Pawan Kalyan Movies are for fun That is not life Pawan Kalyan Throw Away The Mike BRS MLA Prakash Goud Joins Congress