Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if...
EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...
Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
Bitcoin trades at $73K amid US-Iran tensions; ETF outflows top $2.5 billion in 2 weeksBitcoin and Ethereum experienced significant drops as rising US-Iran tensions and substantial crypto liquidations impacted investor sentime...
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...
Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
Who is Kshudiram Tudu? BJP's Bengal cabinet minister who started as Jangalmahal's tribal leaderWest Bengal minister list: Kshudiram Tudu, a tribal leader from Bankura, has joined BJP's first West Bengal cabinet. He represents Raniband...
EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishmentsNew rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Inte...
NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demandsSBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...
EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
Highest 444-day FD interest rates from PSU banks: Which bank offers highest interest rate on 444-day fixed deposit scheme?Many leading PSU banks offer the 444-day FD at attractive interest rates to general, senior and super senior citizens. From State Bank of I...
Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolventThe Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 15 lakh deducted from employee sala...
EPFO to be sole regulator for all categories of PFs: Parliamentary panel to Labour MinistryThe Committee is convinced that a strong regulatory system should be in place for all PF trusts.
Foreign workers come under Employees' Provident Fund Organisation radarForeign nationals visiting India for employment are now in the radar of EPFO, which wants to ensure that Indian PF obligations are duly met.
- TCS does not come under PF Act: HC
According to the July 27, 2006 notification by the Central Government, all IT companies are exempted from the provident fund under the PF A...