India Business News: The Employees’ Provident Funds Organisation (EPFO) has announced an update regarding auto withdrawal claims under Paragraph 68J. As per a circular issued on April 16, the qualifying limit for Paragraph 68J claims has been raised from Rs 50,000 to Rs 1 lakh, which means that it has been doubled. This change was made effective on April 10, 2024.
US dollar shock: How India is better prepared among emerging markets
India Business News: As the dollar’s strength roils developing markets, the good news is that many are now well prepared with piles of reserves for just such a scenario.