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GPF INTEREST PAYMENT
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...- Big relief for PF nominees: Supreme Court says govt can’t deny payout for lack of succession certificate even for amounts over Rs 5,000The Supreme Court of India has ruled that nominees can access General Provident Fund balances exceeding Rs 5,000 without needing a successi...
- Provident Fund, gratuity, leave encashment, pension commutation and all income tax benefits for retired employees released in a brochure by income tax deptThe Income Tax Department has come out with a brochure outlining tax benefits for retired employees in both the public and private sectors,...
- Around 97,000 EPF members to receive higher pension under EPS; How to track status of higher EPS pension applicationHigher EPS pension: Under the Employees' Pension Scheme, 1995, approximately 97,640 PF (Provident Fund) members and pensioners nationwide a...
- Four important pension, GPF payment updates that government employees, pensioners should knowThe DoPPW has announced several updates related to timelines for the completion of various activities and the timely distribution of pensio...
- Latest General Provident Fund rules: Will interest amount be paid if the GPF contribution exceeds Rs 5 lakh? Govt clarifiesGeneral Provident Fund rules: All government employees can open a GPF account and pay a portion of their salaries to the GPF. When they ret...
- The debate on National Pension SystemAs per its terms of reference, the committee will suggest whether any changes are warranted given the existing framework and structure of t...
- What happens if pension, gratuity payment is delayed due to administrative reasons?If a Pension Payment Order (PPO) authorised pension is delayed due to administrative reasons or lapses, interest on arrears of pension, gra...
- No equalisation levy if services, goods provided via Indian entitySitharaman said the tax exemption for the National Bank for Financing Infrastructure and Development (NaBFID) was necessary since building ...
- No documentary proof for GPF advance, withdrawalThe government has with effect from March 7, 2017, liberalised conditions for taking advance from the GPF for education, illness and purcha...
- Officers to face action for delay in GPF paymentsThe move comes after it was noticed that GPF final payment in many cases was not being made to the government servants immediately after re...
- Hara-kiri committed with PF over 30 years, says J&K FMFM warned that if accounting system were not effected now, the state government may not be in a position to pay the Provident Fund to the e...
- Employer cannot demand interest on PF on termination: CourtThe court said such a demand can be made only when the money is withdrawn as loan or advance by employee while in service.
- Cabinet nod to DTC bill; exemption limit upped to Rs 2 lakhThe Cabinet on Thursday cleared decks for tabling the legislation in the Monsoon Session so that the new Act may come into effect from next...
- Insurers to pay more for road deaths: SCThe Supreme Court has ruled that only the income tax component can be deducted from a victim’s salary to arrive at his net income for the p...
- Govt drags its feet on announcing interim interest rate for EPFOThe government is in no hurry to come out with a notification on the payment of the interim interest rate declared (8.5%) for '05 to Employ...
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