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MISCELLANEOUS PROVIDENT ACT
EPF Scheme 2026: Will you get more than 8.25% interest on your PF contributions now? Check EPFO updateA new Employees' Provident Funds Scheme, 2026, has replaced the 1952 version under the Code on Social Security, 2020. The EPF interest rate...
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...
EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...
Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risksIndia's inflation is giving the Reserve Bank of India room to hold interest rates through the first quarter of fiscal year 2027. However, r...
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
Supreme Court to hear plea against CBSE's policy making three-language study compulsory in Class 9 next weekThe Supreme Court will hear a plea next week challenging the CBSE's new policy. This policy makes studying three languages compulsory for C...
EPFO to launch WhatsApp service for PF updates; government targets faster resolution of pending legal disputesThe Employees’ Provident Fund Organisation (EPFO) is set to launch a WhatsApp service for PF updates, allowing members to interact with the...
Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
EPFO welcomes Income Tax rationalisation for private PFsThe Union Budget proposes changes to the Income Tax rules for provident fund trusts. These changes will align tax laws with the Employees' ...
Govt proposes new law to provide social security, pension benefits to coal workersThe Coal Ministry is proposing a new law for coal workers' social security and pensions. This legislation will replace an act from 1948. It...
EPFO backs plan to allow subscribers’ NPS switchThe National Pension System (NPS) is a voluntary, defined contribution programme administered and regulated by PFRDA.
Domestic help, others may get PF benefitsThe move follows the Pradhan Mantri Shram Yogi Maan Dhan pension scheme unveiled for unorganised sector workers.
Labour Ministry asks EPFO, ESIC not to inspect startups for 3 yearsThere will be a blanket exemption from inspection and filing returns for the first year and would be asked to file an online self declarati...
Coal Mines Provident Fund Organisation to choose fund manager soonSources said two out of four fund managers, RCAM and ICICI Securities Primary Dealership, have emerged as the lowest bidders.
1,260 private security companies violated PF rules in 2014-15: Bandaru DattatreyaIn the previous fiscal (2013-14), 869 such firms were found to have violated the Employees Provident Funds & Miscellaneous Provision Act, 1...
Government seeks views on repealing industrial dispute lawThe ministry has received a communication from the Prime Minister's Office as well as Cabinet Secretariat to start process of repealing the...
Premium for product in lieu of EDLI need not be 0.5% of wagesThis directive will facilitate employers to buy group insurance schemes for their workers from insurance companies at a price lower than 0....
763 private placement agencies violated PF normsThe government said 763 private placement agencies are reported to have violated the provisions of Employees' Provident Funds & Miscellaneo...
- Employer liable for default in contribution to PF, rules Supreme Court
SC has ruled that the proceedings for the recovery of damages can be initiated against the employer for their default in making payment of ...