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GOVERNMENT EMPLOYEE RETIREMENT SCHEME
Ahead of crucial assembly polls, govt rejigs Agnipath, opens path to permanent service for allThe government has made significant changes to the Agnipath scheme that affects armed forces recruitment. This revised framework allows all...- Punjab CM Bhagwant Mann announces 3% DA hike for 8 lakh government employees this DiwaliPunjab Chief Minister Bhagwant Mann has announced a 3% increase in dearness allowance for state employees and pensioners. This decision wil...
- Ahead of Diwali, Gujarat govt hikes DA by 3% for employees, pensionersThe Gujarat government has announced a 3% Dearness Allowance hike for 4.62 lakh serving employees and 5.07 lakh pensioners ahead of Diwali....
- PFRDA aims NPS expansion via banks, UPI integration; eyes corpus of around Rs 100 lakh crore by 2040The regulator is looking to accelerate growth beyond the organic expansion of the pension market by using the existing digital financial in...
- Government clarifies GPF rules for deceased employee’s claim: Ministry reveals who among family members and nominees get GPF moneyGPF for government employees: The government has provided crucial updates on the General Provident Fund (GPF) policies concerning the benef...
- Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signingMicrosoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the...
- EPFO’s WhatsApp service: You can check EPF balance, view last 5 transactions and download passbook by sending messageThe launch of the EPFO WhatsApp service was announced by Union Minister Mansukh Mandaviya. This new feature empowers subscribers to easily ...
- Govt employees facing disciplinary action? Know these 7 important rights before accepting chargesEmployees in the government sector who find themselves undergoing disciplinary reviews must be informed about their rights before replying ...
- Gratuity calculator: How 3% DA hike can increase your retirement gratuity by nearly Rs 50,000The central government's recent decision to increase the dearness allowance from 60% to 63% will affect salaries significantly. This hike, ...
- 8th Pay Commission pension calculator: How Rs 25,000 to Rs 75,000 basic pensions can change at 2.0, 2.25 and 2.57 fitment factors8th Pay Commission news: The central government has many more pensioners than employees. Union Minister Ashwini Vaishnaw announced DA and D...
- UPS rules clarified: What happens to pension contributions during employee’s probation, suspension and absence from dutyCentral government employees must contribute to the Unified Pension Scheme during probation, yet contributions during suspension are option...
- EPF calculator: How your Rs 50 lakh retirement corpus can keep growing for 3 years without any PF contributionsEmployees' Provident Fund accounts continue to earn interest for three years after the age of 58. After that period, accounts become inoper...
- Leaving Microsoft with a buyout? US employees have 3 main 401(k) options; what happens if they make one mistake that could trigger taxes?The technology giant announced a new, time-limited Voluntary Exit offer for eligible employees in participation teams in the US, UK, Canada...
- Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...
- EPS pension hike: Can EPFO increase minimum monthly pension from Rs 1,000 at its proposed November 19 meeting?The Employees' Provident Fund Organisation may discuss increasing the minimum monthly pension under the Employees' Pension Scheme. A propos...
- EPS-95 pension row: Retirees challenge 2007 EPF amendment over lower pension; Karnataka HC rules against themThe Karnataka High Court ruled against retired employees challenging amendments to the Employees' Pension Scheme, 1995. The court found the...
- ‘You are more than who you work for’: Ex-Microsoft director shares life after voluntary exitFormer Microsoft director Diane Boettcher has advised employees considering voluntary buyouts to look beyond their professional identities....
- NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
- Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...
- Salary up to Rs 25,000: EPFO reveals how you can enrol for EPF, EPS and ELDI schemesThe government recently raised the wage ceiling for the Employees' Provident Fund to Rs 25,000, allowing a broader range of workers to acce...
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