Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
22 May, 2026, 11.37 AM IST
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...
13 May, 2026, 04.59 PM IST
Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claimThe Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an e...
12 May, 2026, 05.25 PM IST
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...
06 May, 2026, 04.12 PM IST
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...
23 Apr, 2026, 04.39 PM IST
Taxing premature PF withdrawals of over Rs 30k may be kept in abeyanceA decision is expected by the end of this month, the PF department has asked all offices to gear up for deducting tax from all premature PF...
22 May, 2015, 06.53 AM IST
US embassy could lose tax breaks on provident fundThe United States’ embassy in India could lose income-tax breaks on retirement savings of its Indian staffers from April 1, 2014.
24 Dec, 2013, 09.19 AM IST
Now, companies stinting on provident fund can go scot-freeUnder the new rule, unless the names of employees who have been denied benefits can be identifified PF department can’t begin proceedings.
07 Dec, 2012, 10.49 AM IST
Nearly 40 per cent of Kingfisher Airlines' employees left between March and SeptemberKingfisher Airlines employees dwindled nearly 40 per cent between March and September, provident fund records accessed by ET reveal.
25 Oct, 2012, 06.48 AM IST
- Provident fund department slaps Rs 55-cr notice on Ahluwalia Contracts
Company has been accused of denying benefits to workers employed to build two Commonwealth Games projects in 2010.
19 Jul, 2012, 11.35 AM IST
EPFO faces Rs 7,000 cr tax demand on premature withdrawalsThe I-T Department has slapped the Employees’ Provident Fund Organisation (EPFO) with an unprecedented tax demand for failing to tax premat...
07 Apr, 2011, 10.43 AM IST
- Trouble ahead: Income Tax department tells EPFO to tax premature PF withdrawals
The Income Tax department has asked the 3,70,000 crore EPFO to tax all withdrawals by workers with less than five years of PF savings.
30 Mar, 2011, 12.34 PM IST
- I-T, PF face off on taxing early withdrawals
Tension is mounting between the I-Tax dept and EPFO over handling of employees PF money and alleged non-deduction of tax at source on prema...
27 Mar, 2011, 06.58 PM IST
- 5 years later, top guns yet to get exemption licence for PF trusts
Top executives of India Inc and MNCs will be looking for a fine print to ascertain the legitimacy and taxability of their workers' retireme...
25 Feb, 2011, 03.08 AM IST
- Finance Ministry rejects 9.5% interest on PF pay out for FY11
The EPF rate has been at 8.5% since 2005-06 and the rate would have stayed the same in 2010-11 as per its earnings.
17 Jan, 2011, 11.42 AM IST
- 82 firms violated PF norm
Eighty-two private firms in Gurgaon have not deposited the provident fund amount deducted from their employees salaries in time.
14 Oct, 2010, 08.25 AM IST
- Employees are consumers, have right to benefits: Consumer Forum
An employee is also a consumer and has every right to enjoy the benefits he is entitled to, the South Mumbai District Consumer Disputes Red...
29 Mar, 2009, 02.14 PM IST