*Disclaimer Statement: This content is authored by an external agency. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
- 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 governmen ...More
EPF subscribers can expect their 8.25% interest for FY2025-26 to be credited this month, as the government has officially ratified the rate. This annual interest is calculated on a monthly running balance, ensuring no loss for members even with delayed crediting. Subscribers can easily check their updated balances through the EPFO portal or the Umang app. ...Less
- EPFO user alert! Claim submission, processing unavailable from June 26-28; UMANG services also affected
EPFO's online portal will be inaccessible for claim submissions and processing from June 26th to June 28t ...More
EPFO's online portal will be inaccessible for claim submissions and processing from June 26th to June 28th, 2026, due to a planned technology upgrade. Services on the Umang app will also be unavailable until July 2nd. This temporary shutdown aims to enhance service delivery and user experience. ...Less
- EPFO: Has Employees' Provident Fund Organisation changed 8.25% EPF interest rate for FY25-26
EPF interest rate: The government has approved an 8.25% interest rate for Employees Provident Fund deposi ...More
EPF interest rate: The government has approved an 8.25% interest rate for Employees Provident Fund deposits for the fiscal year 2025-26. This rate remains unchanged for the third consecutive year. Over seven crore members are expected to receive this credit soon. Members can check their EPF balance through the Umang app, EPF member e-sewa portal, missed calls, or SMS. ...Less
- EPFO services interrupted from June 26-30: Check full list of services unavailable for five days
EPFO services, including its member and employer portals and the UMANG app, will be temporarily unavailab ...More
EPFO services, including its member and employer portals and the UMANG app, will be temporarily unavailable from June 26th to June 30th due to a scheduled system migration. This upgrade aims to enhance service speed, reliability, and security. ...Less
- EPF interest rate retained at 8.25% for FY26
Employees' Provident Fund interest rate for 2025-26 is set at 8.25 percent. This rate remains unchanged f ...More
Employees' Provident Fund interest rate for 2025-26 is set at 8.25 percent. This rate remains unchanged for the third year. Over 70 million EPF members will see the interest credited by month-end. EPFO is also introducing UPI-based withdrawals for faster access to funds. ...Less
- Govt ratifies 8.25% EPF interest rate for FY'26, to be credited this month
The government has approved an 8.25% interest rate on Employees' Provident Fund (EPF) deposits for FY26, ...More
The government has approved an 8.25% interest rate on Employees' Provident Fund (EPF) deposits for FY26, clearing the proposal recommended by the Employees' Provident Fund Organisation's (EPFO) Central Board of Trustees in March. The interest is expected to be credited to the accounts of over seven crore EPF subscribers later this month. ...Less
- 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 star ...More
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, my EPF account has been inactive. The corpus is about Rs 32 lakh, and I’m considering withdrawing and reinvesting it. Will the withdrawal be tax-free since my total service exceeds five years? Are there better options than withdrawal, such as transferring to NPS? What would be a good long-term investment strategy for this? ...Less
- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?
EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, ...More
EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital record corrections and improved user access. While these reforms promise greater convenience, longstanding issues such as data quality, employer dependence, pension complexities and grievance resolution remain challenges that will require sustained implementation efforts. ...Less
- Started investing in your 40s? You can still achieve your financial goals, but focus on these priorities first
Ashish Mishra is currently focussing on two primary financial goals — his child’s education and an early ...More
Ashish Mishra is currently focussing on two primary financial goals — his child’s education and an early retirement at 51. Here’s what the doctor has advised him. ...Less
- EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and wins
A retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisat ...More
A retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF money back. The court ruled the Employees' Provident Fund Organisation cannot recover funds from the employee. The Employees' Provident Fund Organisation may pursue legal action against the company and its PF trust. ...Less
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when needed
Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI ...More
Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This government-backed benefit protects families in case of an EPF member's death during service. Eligibility requires active EPF membership and employer contributions. Claims are processed by EPFO, with updated nominations expediting the procedure. ...Less
- School Assembly News Headlines June 19: Top national, international, business, sports update & thought of the day
School assembly news headlines for June 19: Students can get updated on key national, international, and ...More
School assembly news headlines for June 19: Students can get updated on key national, international, and sports news for June 19. Highlights include India-US trade talks, monsoon concerns, and an EPF interest rate approval. International news features a US-Iran peace agreement, while sports cover FIFA World Cup updates and an FIH Pro League victory for India. ...Less
- Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?
ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the join ...More
ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However, my wife did not contribute financially to the purchase. I would like to know if both of us can claim long-term capital gains tax benefits. ...Less
- 'It costs Rs 1.5 lakh a month just to exist': Indian-origin man asks if Rs 4.6 lakh is enough in Bengaluru
An Indian-origin man's detailed monthly budget for relocating to North Bengaluru after 15 years in the US ...More
An Indian-origin man's detailed monthly budget for relocating to North Bengaluru after 15 years in the US has sparked a lively Reddit discussion. Earning Rs 85 lakh annually, he estimated a take-home of Rs 4.6 lakh, but questioned if his Rs 1.5 lakh essential expense forecast was realistic. Reddit users debated his rent, mortgage, school fees, and domestic help allocations, offering varied perspectives on Bengaluru's cost of living. ...Less
- New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26
Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key de ...More
Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contributions to NPS and EPF, a standard deduction of Rs 75,000, and interest on home loans for let-out properties. Exempt perquisites and certain official allowances also offer tax benefits. ...Less
- 7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and more
The Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Manag ...More
The Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fund Organisation, it provides monthly pensions, family pensions, and disablement pensions. ...Less
- Tax-free income in India: 8 types of income you don’t need to pay any tax on
Tax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From ...More
Tax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provident fund withdrawals to gifts from relatives and insurance payouts, understand how to keep more of your money. ...Less
- Ayushman Bharat card: Eligibility, benefits, how to apply online and documents required for PMJAY
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is expanding healthcare access, with 6 cr ...More
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is expanding healthcare access, with 6 crore senior citizens enrolled and over 19,000 Jan Aushadhi Kendras operational. This government-funded scheme offers cashless coverage of up to Rs 5 lakh per family annually for secondary and tertiary care hospitalisation, significantly reducing out-of-pocket expenses for citizens. ...Less
- Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95
Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switc ...More
Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if their Employees' Provident Fund EPF balance is zero. Failing to do so can create gaps in pensionable service. This impacts future pension eligibility and the monthly pension amount. ...Less
- NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputes
The National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. T ...More
The National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes existed regarding service quality and payment deductions. Empire Transport Services Ltd had claimed operational dues. However, the NCLT cited breaches of contractual obligations by the service provider. This ruling prevents the initiation of insolvency proceedings. ...Less
- EPFO: When can EPF interest be credited to your account? Check here
EPFO subscribers are awaiting their FY 2025-26 interest credit, despite the 8.25% rate announcement in Ma ...More
EPFO subscribers are awaiting their FY 2025-26 interest credit, despite the 8.25% rate announcement in March. While delays are common due to government approval and account reconciliation, experts assure members that interest accrues monthly and won't be lost. EPFO calculates interest on the running balance, ensuring full credit even with administrative lags. Members can check their updated passbook for confirmation. ...Less
- EPFO member alert: Your nominee may lose provident fund, pension, other benefits if you make this little mistake
EPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This ...More
EPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This crucial step ensures family members can receive EPF, EPS, and EDLI benefits without delays. Failure to e-sign means the nomination won't be processed in case of the member's death. ...Less
- 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 unjus ...More
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 EPFO cannot retain appeal money for nearly 11 years after a PF assessment order was set aside, depriving the assessee of its use and potential earnings. ...Less
- ET Alpha Wealth Summit: Rajeev Thakkar of PPFAS MF explains when to hold, when to exit, and why most investors get it wrong
PPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advi ...More
PPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, profit booking and reactionary decisions, while exiting only for capital needs, mistakes, fraud, structural disruption, extreme valuations or better opportunities. ...Less
- Want to exchange old gold for new jewellery? Beware of these taxes
Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income ...More
Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-value gold transactions, including large cash deposits or unexplained sources of funds. Proper documentation is crucial to avoid scrutiny and penalties, especially when dealing with inherited, gifted, or imported gold. ...Less
- Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh in
Sebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deduct ...More
Sebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This initiative aims to simplify investing for first-time users, potentially reducing SIP stoppages and boosting monthly inflows by offering a disciplined, automated savings channel. ...Less
- New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more tax
Many taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees an ...More
Many taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000 standard deduction. Employer contributions to NPS and interest on home loans for let-out properties are also still permissible, reducing overall tax liability. ...Less
- Withdraw EPF through UPI soon as government completes testing
Employees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly ...More
Employees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface. The government has completed testing of this new facility. ...Less
- NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscape
India's retirement planning is evolving with rising private sector NPS participation and evolving annuity ...More
India's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contributions still dominate, private sector growth is steady. In an interview with Sriram Iyer, MD & CEO of HDFC Pension, he spoke about the growing role of NPS in retirement planning, NPS performance and more. ...Less
- 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 HC
The Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September ...More
The Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Provident Fund on actual wages can now claim a higher EPS 95 pension. The court quashed the EPFO's rejection orders. This decision allows eligible employees to exercise joint options for enhanced pension calculations. ...Less
- Emerging cities becoming strategic hubs for expansion beyond traditional metros: Report
India's global capability centres are expanding beyond major cities. Emerging locations are now key for c ...More
India's global capability centres are expanding beyond major cities. Emerging locations are now key for company growth. This shift is driven by evolving talent needs and technology. Companies are creating distributed networks for resilience. Emerging cities offer advantages like lower costs and untapped talent. This trend is reshaping India's GCC landscape for future growth. ...Less
- Salary hike this appraisal season? New labour codes and tax rules may change your real take-home pay
Appraisal season this year saw companies begin aligning salary structures with new labour codes and updat ...More
Appraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some firms implemented changes from April, broader adoption remains gradual. Higher basic pay and social security contributions may reduce take-home salaries despite hikes. The choice between old and new tax regimes now depends on deductions, HRA claims and paperwork readiness. ...Less
- EPFO to launch WhatsApp service for PF updates; government targets faster resolution of pending legal disputes
The Employees’ Provident Fund Organisation (EPFO) is set to launch a WhatsApp service for PF updates, all ...More
The Employees’ Provident Fund Organisation (EPFO) is set to launch a WhatsApp service for PF updates, allowing members to interact with the organization by sending a 'Hello' message. ...Less
- Retiring with a large EPF corpus? Here’s how to allocate money across fixed income and mutual funds
Retirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on ...More
Retirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on stable, tax-efficient income generation and long-term growth for surplus funds. Expert Shivam Pathak suggests a mix of government-backed schemes, G-Secs, and diversified mutual funds to meet these objectives. ...Less
- Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claim
The Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a deca ...More
The Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an employee's PF funds. Despite the EPFO's claims of technical difficulties, the commission found an inordinate and unexplained delay, amounting to deficiency in service. The EPFO was directed to pay Rs 50,000 as compensation and litigation costs. ...Less
- From Rs 17 lakh education loan to Rs 50 lakh net worth in 4 years: Can you replicate this Reddit success story?
A 29-year married Reddit user has shared his story of how, just four years into his job, he not only paid ...More
A 29-year married Reddit user has shared his story of how, just four years into his job, he not only paid off his education loan but also created a corpus of Rs 50 lakh, starting his investment journey from scratch with no family inheritance. ...Less
- 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 means
New labour code provisions are now effective across India from November 21, 2025. Employee benefits like ...More
New labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and annual leave encashment are already applicable. Companies must comply with these changes even without state government notifications. This update impacts salary calculations and statutory dues for employees nationwide. ...Less
- Now make EPF payments via net-banking as Federal Bank launched this facility for its customers
Federal Bank now allows customers to pay Employee Provident Fund dues through its net-banking platform. T ...More
Federal Bank now allows customers to pay Employee Provident Fund dues through its net-banking platform. This new facility offers a convenient and secure way to make EPFO payments. Individuals and businesses can now settle their EPF dues quickly online, saving time and effort. The service enhances digital convenience and supports organizations in meeting their statutory compliance needs. ...Less
- Withdrawal of retirement funds soon to be automated: EPFO
The Employees Provident Fund Organisation, EPFO, will soon automate final provident fund withdrawal claim ...More
The Employees Provident Fund Organisation, EPFO, will soon automate final provident fund withdrawal claims. This will speed up money transfers to applicants. EPFO will also automate provident fund account transfers when a member changes employers. This means no more forms will be needed for account migration. ...Less
- Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in April
Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm dur ...More
Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased its stake in eight other companies, including Hero MotoCorp and Bharat Electronics. Conversely, exposure was reduced in HDFC Bank, Reliance Industries, and Ather Energy. Titan Company and Axis Bank were added as new investments. ...Less
- Mutual funds raise cash holdings by Rs 12,700 crore despite market rebound in April
Mutual funds boosted cash holdings by over Rs 12,000 crore in April, reaching Rs 1.98 lakh crore. This oc ...More
Mutual funds boosted cash holdings by over Rs 12,000 crore in April, reaching Rs 1.98 lakh crore. This occurred even as Indian stock markets like Nifty 50 and Sensex saw significant gains. Several fund houses increased their cash positions, while others reduced them. SBI Mutual Fund held the largest cash reserves. ...Less
- Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in April
Mutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Ban ...More
Mutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reductions were observed in Wipro, HDFC Bank, and Hindalco Industries across large, mid, and smallcap segments. This active portfolio management reflects ongoing strategic shifts by fund managers. ...Less
- Bitcoin holds above $80K despite hot US inflation data, signalling strong buyer confidence
Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilien ...More
Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilient investor sentiment in the crypto market. While Ethereum and select altcoins traded lower, analysts highlighted improving on-chain activity, institutional inflows and active buyer support, even as macroeconomic uncertainty and interest rate concerns kept broader market sentiment cautious. ...Less
- India’s invisible workforce gets a new safety net: Key labour reforms for migrant employees decoded
India's inter-state migrant workers gain significant protections under new labour code rules notified on ...More
India's inter-state migrant workers gain significant protections under new labour code rules notified on May 8, 2026. The Occupational Safety, Health and Working Conditions Rules, 2026, bring millions of self-driven migrant workers into legal recognition. Key reforms include mandatory appointment letters, a digital database, portable ration cards, and tracked journey and displacement allowances. ...Less
- EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easily
The Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform w ...More
The Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tracking, and linking their old or inactive EPF accounts. The portal uses Aadhaar-based authentication for secure access. It aims to benefit employees who worked before the UAN system. This initiative will streamline the process of managing past EPF accounts. ...Less
- Avoid EPF claim rejection by updating your KYC online through UAN; Follow this 5-step process
Members no longer need to fill any lengthy physical forms, or pay an office visit anymore. All they need ...More
Members no longer need to fill any lengthy physical forms, or pay an office visit anymore. All they need to update EPF KYC online is their Aadhaar details and internet. Here’s a look at a simple step-by-step guide for updating EPF KYC online and avoiding claim rejection. ...Less
- Wrong EPF joining or exit date? This small error can cost you big; Here’s how to fix it fast
Small errors in EPF joining or exit dates can cause major financial problems. These mistakes can delay fu ...More
Small errors in EPF joining or exit dates can cause major financial problems. These mistakes can delay fund withdrawals and even impact your pension eligibility. Employees must regularly check their records. Correcting these dates is now easier, but prompt action is crucial to avoid future complications. Ignoring these details can create significant roadblocks when accessing your hard-earned money. ...Less
- EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishments
New rules are set for companies managing their own provident fund trusts. Mandatory annual audits are rep ...More
New rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Interest rates offered by these trusts will now be capped. Exempted establishments can retain their status after mergers and acquisitions. These changes aim to strengthen oversight and improve ease of doing business. ...Less
- Here’s how to fix errors in EPS records now to avoid PF claim rejection, pension loss
If you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection ...More
If you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer claims later. ...Less
- EPF + own house = retirement sorted? CA warns how your Rs 2 crore flat can leave you cash-poor
A chartered accountant's analysis reveals a significant gap in India's traditional retirement plan of own ...More
A chartered accountant's analysis reveals a significant gap in India's traditional retirement plan of owning a home and EPF. Savings often fall short of the ₹5-8 crore needed for a 25-year retirement, even with property rental income. Illiquid assets and rising expenses pose risks, highlighting the urgent need for early, diversified investments to ensure financial independence. ...Less
- EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26
Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Orga ...More
Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 million claims in April 2026, with nearly 74% of PF advance claims processed in auto mode and 98.70% of total claims settled in less than 20 days, on the back of EPFO 3.0, a digital overhaul of the retirement fund body designed for instant, paperless PF withdrawals and faster automated claim settlements. ...Less
- Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolvent
The Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 1 ...More
The Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 15 lakh deducted from employee salaries for PF. Despite the company becoming insolvent and the dues later being cleared, the court emphasized that subsequent payment does not erase the criminal liability for the initial default. ...Less
- Hike in minimum EPS pension of Rs 1,000 under consideration by EPFO: Know who will benefit and how?
EPFO members' long wait for a higher minimum monthly pension under EPS-95 may soon end. The Ministry of L ...More
EPFO members' long wait for a higher minimum monthly pension under EPS-95 may soon end. The Ministry of Labour and Employment is reportedly considering an increase from the current Rs 1,000. This move is expected to benefit many eligible EPFO members. ...Less
- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security Code
Enhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. Howev ...More
Enhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wages” under the Code on Social Security, 2020 may increase gratuity and other social security liabilities. While restructuring may benefit employees, it can also raise long-term costs for employers, creating a clear dilemma and limiting widespread adoption. ...Less
- Inspection scheme soon to flag firms dodging EPFO
In a bid to strengthen worker protections, the Labour and Employment Ministry is launching a comprehensiv ...More
In a bid to strengthen worker protections, the Labour and Employment Ministry is launching a comprehensive inspection program. This proactive approach will target businesses that fail to register with the Employees' Provident Fund Organisation. ...Less
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build career
Women are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids f ...More
Women are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online shopping, utility bill payments, documentation and paperwork, health care and medical needs, travel (booking cabs or navigation), recreation, and even career management. ...Less
- India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savings
Salaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for ch ...More
Salaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementation is delayed pending final government notifications. The shift towards a fixed-heavy salary structure, with higher basic pay, may reduce take-home salaries while boosting long-term retirement savings. ...Less
- 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 HC
Bombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee ...More
Bombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO) cannot reject claims solely because employers failed to provide certain documents. EPFO must exhaust all verification options before rejecting applications. This judgement offers relief to employees who contributed on actual wages but faced rejection due to employer's document lapses. ...Less
- Will EPF interest rate rise to 10%? Central government clarifies stance on rate hike and feasibility
The government has stated it has not received formal requests from labour unions to raise the Employees P ...More
The government has stated it has not received formal requests from labour unions to raise the Employees Provident Fund interest rate to 10%. The current EPF interest rate stands at 8.25%, last revised in FY 2022-23. The Labour and Employment Minister clarified the interest rate determination process. ...Less
- EPFO 3.0 withdrawal rules explained: When can EPF members withdraw their PF corpus through UPI?
EPFO is set to launch EPFO 3.0, enabling UPI withdrawals and simplifying fund access for members. New rul ...More
EPFO is set to launch EPFO 3.0, enabling UPI withdrawals and simplifying fund access for members. New rules consolidate withdrawal provisions into three categories: essential, housing, and special needs. Members can now withdraw up to 75% of their balance anytime, including employer contributions, offering greater flexibility for emergencies and life events. ...Less
- Laid off or lost your job? Use 75% EPF amount while rest 25% compounds @8.25% - Check EPFO withdrawal rules in case of unemployment
While members are entitled to take out up to 100% of their eligible EPF balance, including both employee ...More
While members are entitled to take out up to 100% of their eligible EPF balance, including both employee and employer contributions, there are certain terms and conditions that apply. So, what happens in case you lose your job or are laid off by your company? ...Less
- Has government changed EPF interest rate for FY 2025-26?
The Employees Provident Fund Organisation's Central Board of Trustees has kept the EPF interest rate at 8 ...More
The Employees Provident Fund Organisation's Central Board of Trustees has kept the EPF interest rate at 8.25% for the Financial Year 2025-26. New social security schemes are approved. An amnesty scheme for exempted establishments is launched. Simplified audits and liquidation of inoperative accounts are also approved. Interest will be credited between June and September. ...Less
- 8.25% interest rate on EPF balance for FY 2024-25 got final nod from Govt: Check how it will impact your EPF balance
8.25% interest rate for EPF for FY 2024-25: The Central Government has approved an 8.25% interest rate fo ...More
8.25% interest rate for EPF for FY 2024-25: The Central Government has approved an 8.25% interest rate for FY 2024-25, which ended on March 31, 2025. As the government has approved this interest rate, it will impact the EPF balance of the EPF account holders. Read on to know how much interest you will get and when EPF interest will be credited to your account. ...Less
- EPF withdrawal claim: How many days does it take to settle an EPF withdrawal claim?
Settlement of EPF withdrawal claim: Many Employees' Provident Fund (EPF) members experienced difficulties ...More
Settlement of EPF withdrawal claim: Many Employees' Provident Fund (EPF) members experienced difficulties after submitting withdrawal requests from their EPF accounts. Some of them voiced concern, noting that there has been no news on the situation since making a withdrawal claim. ...Less
- Automatic EPF account transfer from old to new job: How EPFO's facility works
Automatic EPF account transfer: Employees Provident Fund (EPF) members can now automatically transfer the ...More
Automatic EPF account transfer: Employees Provident Fund (EPF) members can now automatically transfer their provident fund accounts from their old employer to new employer. However, this facility is available to certain EPF members only satisfying certain conditions. Read on to know to whom automatic EPF account transfer facility is available and how it works. ...Less
- PF claim settlement rule change: Now EPF members will get more interest money on EPF withdrawal, faster settlement
New EPF claim settlement rule: The EPFO has announced changes in Para 60(2)(b) of the EPF Scheme, 1952. T ...More
New EPF claim settlement rule: The EPFO has announced changes in Para 60(2)(b) of the EPF Scheme, 1952. The changes announced in the Employees Provident Fund Scheme will help EPF members to get more interest in claim settlement and faster claim settlement. Know all about the new rule, when it is applicable, and which EPF claims it will impact. ...Less
- Will your EPF account earn tax-free interest even after you leave job?
Many salaried workers make monthly contributions to the Employees' Provident Fund (EPF) account knowing t ...More
Many salaried workers make monthly contributions to the Employees' Provident Fund (EPF) account knowing that the account will mature at the time of retirement. However, not many people are aware of the finer details of the scheme. How long money can be kept in the EPF account after leaving job? If an interest will be earned on those EPF accounts. ...Less
- SpiceJet may be defaulting on EPF: How to check if your employer is depositing it
In Budget 2021, the government amended the income tax law to ensure that employers deposited employees' E ...More
In Budget 2021, the government amended the income tax law to ensure that employers deposited employees' EPF dues on time. ...Less
- How to check if your employer has deposited your EPF contribution into the account
Once the Employees' Provident Fund deduction has been deducted from an employee's salary, an employer mus ...More
Once the Employees' Provident Fund deduction has been deducted from an employee's salary, an employer must deposit the same in the EPF account within the prescribed time limit. However, there have been instances where an employer has failed to deposit the same on time. If the deposit is not made by the employer, it is ultimately a loss for an employee. ...Less
- Relaxation in EPF deposit rules for employers did not lead to interest loss: Here's why
Due to on-going coronavirus pandemic, EPFO provided relief to the employers by providing relaxation in ma ...More
Due to on-going coronavirus pandemic, EPFO provided relief to the employers by providing relaxation in making the statutory deposit for March 2020. However, this decision would not lead to interest loss for members of the EPF scheme. Here's why. ...Less
- When does EPF withdrawal become taxable?
Though the biggest USP of the Employees' Provident Fund is its EEE tax status, however, there are certain ...More
Though the biggest USP of the Employees' Provident Fund is its EEE tax status, however, there are certain instances when EPF can become taxable. Here is a look at those circumstances when you are required to pay tax on EPF whether at the time of making contributions or at the time of withdrawal. ...Less
- EPF ATM, UPI withdrawal rules: Employees can soon withdraw 75% PF through ATM, says Minister
Employees' Provident Fund Organisation will soon allow subscribers to withdraw funds via ATM and UPI. Thi ...More
Employees' Provident Fund Organisation will soon allow subscribers to withdraw funds via ATM and UPI. This new feature is expected before March 2026. Employees can now activate their EPF withdrawal online via mobile,. The platform will soon support PF withdrawals through UPI, allowing instant transfer of funds directly to the registered bank account. ...Less
- How to transfer EPF account from EPFO to employer’s EPF trust and vice versa
While changing jobs, it may happen that your new employer runs a private EPF trust whereas old employer u ...More
While changing jobs, it may happen that your new employer runs a private EPF trust whereas old employer used to deposit the EPF money with EPFO. In such a scenario, can you transfer the EPF account? ...Less
- Can you transfer EPF account from unexempted trust to EPFO, exempted trust?
EPF account transfer from unexempted trust: Many salaried individual have Employees' Provident Fund accou ...More
EPF account transfer from unexempted trust: Many salaried individual have Employees' Provident Fund account either with EPFO or exempted trusts. However, what if you have an EPF account with unexempted trusts? Does EPF scheme rules allow an EPF member to transfer the unexempted trusts to EPFO or exempted trusts? Read on to know about it. ...Less
- You could lose section 80C tax benefit on EPF contribution; here's why
Section 80C tax benefit on EPF: Many salaried individuals claim Section 80C tax benefit on their own Empl ...More
Section 80C tax benefit on EPF: Many salaried individuals claim Section 80C tax benefit on their own Employees Provident Fund (EPF) contribution. However, not many are aware that if the EPF trust does not meet certain specified conditions, then both the employer and employee contribution will be taxable in the hands of an individual. ...Less
- Has your EPF interest become taxable after latest salary increments? Here's how to check
The mandatory EPF contribution made to an individual account is calculated on the basic salary amount. Po ...More
The mandatory EPF contribution made to an individual account is calculated on the basic salary amount. Post the appraisal season, as your salary hikes, even the EPF contribution will also hike. If the EPF contribution in a financial year (including VPF) exceeds this specified limit, then interest received on excess contribution is taxable. ...Less
- How to avoid rejection of EPF withdrawal claim; Steps provident fund member should take
EPF Withdrawal claim rejection: Many individuals are struggling to get their EPF money at the time of wit ...More
EPF Withdrawal claim rejection: Many individuals are struggling to get their EPF money at the time of withdrawal. The reason for rejection of their EPF claim is due to mismatch in the details available in the EPFO records as well as in the EPF account holders' PAN, Aadhaar or incomplete KYC records. Here is how the EPF claim rejection can be avoided. ...Less
- How to merge two or more EPF accounts
If an individual has multiple UANs, then it's important that the individual mergers all his/her UANs so t ...More
If an individual has multiple UANs, then it's important that the individual mergers all his/her UANs so that balances from the old EPF accounts can be transferred to the EPF account held with his/her current employer. Given below is the online process of merging two or more UANs of EPF accounts. Do note that an online process can be undertaken provided all the EPF accounts (old as well as new) are KYC compliant. ...Less
- Do EPF members suffer loss if interest payment is delayed by EPFO? Know how withdrawal works when interest credit is pending
Going by the trends seen in many previous years, though interest rate on EPF deposits for the financial y ...More
Going by the trends seen in many previous years, though interest rate on EPF deposits for the financial year 2023-24 was announced in February to be 8.25% however, the actual payment of interest into respective EPF accounts may take longer. Most EPF members have this concern whether they will lose out earning more interest due to this delay. We tell you how it works. ...Less
- When will EPF interest be credited for FY 2023-24? Here’s what EPFO has said, 4 ways to check PF balance
EPF interest for FY 2023-24: The Employees' Provident Fund Organisation (EPFO) announced the interest rat ...More
EPF interest for FY 2023-24: The Employees' Provident Fund Organisation (EPFO) announced the interest rate for provident fund deposits for the 2023–2024 fiscal year in February of 2024. The interest rate for 2023–24 was raised by the EPFO from 8.15% to 8.25% from the previous year. ...Less
- EPF interest rate 8.25% for 2024-25: What’s actual interest amount you will get in your EPF account now? Here’s how to calculate it
EPF interest rate 8.25%: The Labour Ministry has retained the 8.25% interest rate for the current financi ...More
EPF interest rate 8.25%: The Labour Ministry has retained the 8.25% interest rate for the current financial year 2024-25. Once the interest rate is notified by the finance ministry, the EPF account holders will get the interest credited to their EPF account. Very few EPF account holders are aware of how EPF interest is calculated. ...Less
- New EPF auto-settlement claim rules for medical, education, marriage, housing: How to use this facility, eligibility
EPF auto-settlement of withdrawal claims: The EPFO in a press release has announced extending the coverag ...More
EPF auto-settlement of withdrawal claims: The EPFO in a press release has announced extending the coverage of auto-settlement of withdrawal claims to marriage, housing and higher education. The auto-settlement claim was earlier available for specified medical illness only. Read on to know who can apply for these claims, documents required to apply and other details. ...Less
- Now, even idle EPF account will earn interest
The dilution in the definition of inoperative accounts means that from Nov 11, more account holders will ...More
The dilution in the definition of inoperative accounts means that from Nov 11, more account holders will get interest against funds lying idle in their EPF accounts. ...Less
- How to change EPF nomination online
Every member should name a candidate or nominee to receive the EPF's funds if he or she passes away prema ...More
Every member should name a candidate or nominee to receive the EPF's funds if he or she passes away prematurely. Thus, it is vital to keep your nomination details up to date in order to avoid any legal issues for your loved ones in the future. ...Less
- These EPF members have started receiving interest payments for FY 2023-24; check EPFO’s statement, 4 ways to check EPF balance
EPF interest payment for FY2023-24: The Government of India has authorized and informed that interest rat ...More
EPF interest payment for FY2023-24: The Government of India has authorized and informed that interest rate for EPF members for the Financial Year 2023–2024 is 8.25% on May 31, 2024. The EPFO said that EPF members' interest rates are not disclosed quarterly. ...Less
- When will EPF interest for FY 2022-23 be credited, how to check EPF account balance
EPF interest rate for FY 2022-23: Salaried workers are required to make a contribution to the Employees P ...More
EPF interest rate for FY 2022-23: Salaried workers are required to make a contribution to the Employees Provident Fund. Additionally, an employer is required to contribute in a matched manner to the EPF account. ...Less
- Is there a last date to file e-nomination in EPF account?
It is important to ensure that an individual makes a nominee in his/her EPF and EPS account so that after ...More
It is important to ensure that an individual makes a nominee in his/her EPF and EPS account so that after their demise, monetary proceeds can be easily given to the nominee. ...Less
- Has government increased EPF wage ceiling limit of Rs 15,000 in Budget 2026?
The Union Budget 2026 has maintained the Employees' Provident Fund (EPF) wage ceiling at Rs 15,000, a lim ...More
The Union Budget 2026 has maintained the Employees' Provident Fund (EPF) wage ceiling at Rs 15,000, a limit unchanged since 2014. Experts highlight that an increase would have significantly boosted retirement savings for employees, especially younger ones, through long-term compounding. While beneficial for workers, a higher ceiling could increase payroll costs for employers, particularly MSMEs. ...Less
- You can file EPF e-nomination after Dec 31 too
The Employees' Provident Fund Organisation (EPFO) has said that members can e-file EPF nominations beyond ...More
The Employees' Provident Fund Organisation (EPFO) has said that members can e-file EPF nominations beyond December 31, 2021. This facility can be availed from the EPFO's member sewa portal. ...Less
- EPFO declares 8.15% as EPF interest rate for FY 2022-23
The EPFO has announced the interest rate for EPF accounts for the financial year ended on March 31, 2023. ...More
The EPFO has announced the interest rate for EPF accounts for the financial year ended on March 31, 2023. The interest rate for FY 2022-23 has been hiked by 0.05% ...Less
