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CENTRAL GOVERNMENT EMPLOYEES RETIREMENT BENEFITS
New EPFO rules mandate 3-day PF settlements, simplify withdrawalsGovernment revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal interest on officials for delays. ...
Delhi High Court rules BSNL/MTNL absorbed DoT employees not eligible for 7th CPC pension revisionDelhi High Court has ruled against pension revision for former DoT employees absorbed into BSNL/MTNL under the 7th Central Pay Commission. ...
EPF Scheme 2026 replaces EPF Scheme 1952: Have EPF interest rate, contribution and wage ceiling changed?EPF Scheme 2026: The Employees' Provident Funds Scheme, 2026, has replaced the 1952 version, bringing the EPF under the new Social Security...
EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the sameA new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension ...
EPS 2026 brings new rules, but has the Rs 1,000 minimum pension changed?The government has introduced the Employees' Pension Scheme (EPS), 2026, replacing older schemes. The calculation formula for pensions also...
EPFO's new social security rules tighten claim timelines, mandate digital complianceNew social security schemes under the Code on Social Security are now in effect, prioritizing digital compliance and faster claim settlemen...
Govt relaxes norms as search begins for next ONGC chiefThe government is actively seeking a new chairman for ONGC, with applications now open. Eligibility rules have been relaxed, removing the m...
Can central government employees get 3% or 4% DA hike in July 2026? Latest AICPI data reveals thisLabour Bureau reading for DA hike: The latest AICPI-IW data for May 2026 indicates that central government employees are likely to receive ...
8th Pay Commission: Key deadline ends today; why this step is important for central government employees’ salary hikeCentral government departments must submit pay revision data for the 8th Pay Commission by today, June 30, 2026. Submissions are strictly o...
Temporary employees can get pension even without formal regularisation if eligible, rules the Supreme CourtIn a significant ruling, the Supreme Court has declared that temporary-status employees, even without formal regularization, are entitled t...
Social security payment: Waiting for handsome 401(k) retirement savings plan match? Employers likely to disappoint401(k) retirement savings plan is a crucial one for employees. However, employers match is a crucial component.
8th Pay Commission: Level 1-5 employees may get up to Rs 10.8 lakh in arrears—see estimates for different fitment factors8th pay commission calculator: Central government employees’ 8th Pay Commission arrears will depend on the implementation timeline and fina...
Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
DMRC begins work on Central Vista metro corridor at Central Secretariat stationConstruction has begun on the Central Secretariat metro station, a key part of the new Central Vista corridor. This nearly 10-km undergroun...
Andhra Cabinet raises retirement age for PSUs; restores Old Pension Schemes for 11,000 employeesAndhra Pradesh employees in state PSUs, Gurukul schools, and welfare societies will now retire at 62, matching state government staff. Addi...
Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefitNew labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security be...
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...