EPF - Employee Provident Fund - A potential saving channel

EPF is one of the potential saving channel for those working in organized private sector. Employee provident fund consists of both the employee's and employer's contribution every month.

Everyone must keep track of their PF contributions regularly. Especially when there is a change in employment one must initiate the transfer of EPF from old account to the new one.

The return provided by EPF over the past few years has been 8.5%. For the year 2010-11, the EPF organization has decided an interest rate of 9.5%.

The over valuation continues

I have been a great critic of the Indian real estate scenario for a couple of years now. I stick to my view point even now.Buyers are still flocking to buy houses and say that Indian real estate prices have sustained even the worst of global recession.