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EMPLOYEE RETIREMENT
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...23 Jun, 2026, 03.52 PM IST- 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...23 Jun, 2026, 11.44 AM IST
- 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...22 Jun, 2026, 04.44 PM IST
- French saying of the day: “Don’t teach the old monkey to make a face” — What does it really mean?French wisdom offers a colourful saying, "On n’apprend pas au vieux singe à faire la grimace," meaning you shouldn't try to teach someone w...22 Jun, 2026, 04.33 PM IST
- This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million giftA Louisiana-based company, Fibrebond, has made headlines after its sale for $1.7 billion, with former owner Graham Walker gifting a stagger...22 Jun, 2026, 09.16 AM IST
- Day 3 of BEST strike: Mumbai bus operations hit; 100 buses deployed for NEET studentsMumbai's bus services remain crippled for a third day as BEST employees continue their strike, impacting millions of commuters. Despite gov...21 Jun, 2026, 11.02 AM IST
- BEST strike day two: Commuters face hardships as buses remain off roadsMumbai's public transport ground to a halt for a second day as BEST employees continued their strike despite government intervention and th...20 Jun, 2026, 10.13 AM IST
- EPFO: When can you get 8.25% EPF interest amount in your provident fund account?EPF subscribers can expect their 8.25% interest for FY2025-26 to be credited this month, as the government has officially ratified the rate...19 Jun, 2026, 06.17 PM IST
- 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...19 Jun, 2026, 10.27 AM IST
- BEST bus strike in Mumbai today: Check timing, affected services and areasBEST Srike in Mumbai Today Update: Mumbai commuters face potential public transport disruption as BEST employees start an indefinite strike...19 Jun, 2026, 08.43 AM IST
- Mumbai BEST employees announce indefinite strike: Why they're protesting and how it could disrupt your travelBEST employees are launching an indefinite strike from Thursday midnight. This action could disrupt bus services across Mumbai and electric...18 Jun, 2026, 10.33 PM IST
- Govt ratifies 8.25% EPF interest rate for FY'26, to be credited this monthThe government has approved an 8.25% interest rate on Employees' Provident Fund (EPF) deposits for FY26, clearing the proposal recommended ...18 Jun, 2026, 12.50 PM IST
- Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...16 Jun, 2026, 10.52 AM IST
- Beware of pointless employee giftsJob welcome gifts have lost their charm. Companies are now offering impractical items like garbage bags instead of useful presents. Employe...16 Jun, 2026, 12.01 AM IST
- Woman seeks to stop husband's pension over unpaid maintenance; HC suggests different optionA woman approached the Madras High Court seeking to stop her estranged husband's pension and retirement benefits, claiming he had failed to...15 Jun, 2026, 05.25 PM IST
- 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...15 Jun, 2026, 10.31 AM IST
- 7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and moreThe Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fun...13 Jun, 2026, 02.07 PM IST
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