#savings
EPF vs PPF: Key differences, rules, tax benefits and returns explained
EPF and PPF are key long-term savings instruments in India. While EPF is for salaried employees, PPF is open to all. Both offer tax benefits and fixed interest rates, but differ in eligibility, contributions, and withdrawal rules.
Rs 1.55 lakh monthly income, but only Rs 5000 saved: CA explains the visibility vs spending gap that causes low savings anxiety
A Bengaluru-based CA has sparked discussion after responding to a Reddit post of a 29-year-old earning ₹1.55 lakh per month but saving only ₹5,000 to ₹9,000 at month-end. She explained that the situation is not necessarily a sign of poor finances, but of how …