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- 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
- Withdrawn your entire EPF balance after a job switch?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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- Noida workers' unrest: Action against 203 contractors labour law violations
Noida authorities are taking strong action against contractors. Licenses of 203 contractors are being can ...More
Noida authorities are taking strong action against contractors. Licenses of 203 contractors are being cancelled. Firms are being blacklisted for violating labor laws. Over Rs 1.16 crore in dues will be paid to workers. This follows recent labor unrest and a 21 percent wage hike implemented from April 1. Strict action will follow for any further violations. ...Less
- Started investing in your 40s-50s? Compensate for lost years with higher savings and disciplined investing
The good thing is that you would be earning well in your 40s and 50s. Combine this with the fact that man ...More
The good thing is that you would be earning well in your 40s and 50s. Combine this with the fact that many of your other goals would have been by now largely (if not fully) managed. So you can invest more as the surplus is there. ...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
- EPFO extends facility to de-link wrong member IDs: Who should apply? Step-by-step process explained
EPFO has extended the functionality for members to de-link incorrect Member IDs (MIDs) from their Univers ...More
EPFO has extended the functionality for members to de-link incorrect Member IDs (MIDs) from their Universal Account Number (UAN). This allows correction of MIDs created without member knowledge, even if contributions exist. However, MIDs with processed, pending, or multiple claims will not be eligible for de-linking. ...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
- 0.4 million new employees availed fiscal benefit under PMVBRY
The Pradhan Mantri Viksit Bharat Rozgar Yojana has provided incentives to over 440,000 new employees. The ...More
The Pradhan Mantri Viksit Bharat Rozgar Yojana has provided incentives to over 440,000 new employees. The government has disbursed ₹465 crore for sustained employment. However, global conflicts may slow down formal job creation. The scheme aims to create 35 million jobs by July 2027. Current progress is one-tenth of the initial quarterly target. ...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
- GPF interest rate for government employees: Has Finance Ministry changed GPF interest rate for April-June 2026 quarter?
The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2 ...More
The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2026 quarter will remain at 7.1%. This rate applies to GPF, CPF, and other similar government funds. The Public Provident Fund (PPF) and other small savings schemes also retain their interest rates. ...Less
- Form 121 for EPF members: EPFO clarifies who needs to file new form instead of Forms 15G, 15H
The Employees’ Provident Fund Organisation (EPFO) has replaced Forms 15G and 15H with a single Form 121, ...More
The Employees’ Provident Fund Organisation (EPFO) has replaced Forms 15G and 15H with a single Form 121, effective April 1, 2026, under the new Income-tax Act, 2025. ...Less
- Noida Protest Traffic Latest Update: Workers block key routes, check affected roads, diversions, alternate ways
Noida Protest Traffic Update: Thousands of workers in Noida and Greater Noida protested, leading to traff ...More
Noida Protest Traffic Update: Thousands of workers in Noida and Greater Noida protested, leading to traffic chaos, after a woman was injured in firing during clashes. Demanding wage parity with Haryana, weekly offs, and better pay, workers have intensified demonstrations despite administration appeals and announced relief measures. The unrest echoes past industrial disputes. ...Less
- Think your NPS saving is enough for retirement? Watch out for this common mistake that could derail your financial plans
Many investors overlook their National Pension System, assuming retirement plans are on track. However, a ...More
Many investors overlook their National Pension System, assuming retirement plans are on track. However, a 'set and forget' approach can lead to misaligned asset allocation and insufficient corpus. Regular reviews are crucial to ensure contributions and investments align with long-term goals. Adjusting risk and rebalancing portfolios helps secure retirement wealth. ...Less
- Ahmedabad’s strategic shift: From industrial powerhouse to India’s next IT & GCC destination
India's technology sector is expanding geographically, with Ahmedabad, Gandhinagar, and GIFT City emergin ...More
India's technology sector is expanding geographically, with Ahmedabad, Gandhinagar, and GIFT City emerging as key destinations. Driven by supportive government policies and significant private investment, exemplified by Ganesh Housing's Million Minds Tech City, this corridor offers cost-efficient enterprise office space and scalable infrastructure, positioning it as a vital hub for IT and GCC growth. ...Less
- 22k gold rate today: Check 22K, 24K gold prices (April 7, 2026) on Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and IBJA
Gold rate prediction: Gold prices are experiencing volatility amid heightened geopolitical tensions, with ...More
Gold rate prediction: Gold prices are experiencing volatility amid heightened geopolitical tensions, with a US deadline for Iran creating uncertainty. While leading jewelers saw slight increases in 22k gold rates, the IBJA reported a drop across various purities. Experts predict short-term price fluctuations but a positive medium to long-term outlook for gold and silver. ...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
- South Indian Bank collaborates with EPFO to launch EPF payment services
South Indian Bank has introduced Employees' Provident Fund payment services through its SIBerNet internet ...More
South Indian Bank has introduced Employees' Provident Fund payment services through its SIBerNet internet banking platform. This collaboration with EPFO allows employers to easily remit EPF contributions. The integration simplifies statutory payments for businesses. Employers can now use South Indian Bank's net banking facility for direct remittances via the EPFO portal. This move enhances the bank's digital offerings. ...Less
- When will EPF interest be credited to your provident fund account as EPFO keeps rate unchanged at 8.25%?
EPFO has announced an 8.25% interest rate for the financial year 2025-26. This rate remains unchanged fro ...More
EPFO has announced an 8.25% interest rate for the financial year 2025-26. This rate remains unchanged from the previous year. Employees' Provident Fund members can expect the interest to be credited to their accounts within three to six months following the official government notification. ...Less
- EPFO 3.0: Government reveals status of centralised pension system, auto claim settlement and EPF account transfer claims
The government has provided an update on EPFO 3.0 reforms. Key developments include faster claim settleme ...More
The government has provided an update on EPFO 3.0 reforms. Key developments include faster claim settlements and an expanded subscriber base. The Centralised Pension Payment System is now fully adopted by all EPFO field offices. Auto claim settlement for claims up to Rs 5 lakh has significantly improved efficiency. ...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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- EPF due payment via demand draft: EPFO allows one-time payment of past EPF dues via Demand Draft
The EPFO now permits employers to make one-time payments of past EPF dues via Demand Drafts, addressing s ...More
The EPFO now permits employers to make one-time payments of past EPF dues via Demand Drafts, addressing situations where the standard Electronic Challan-cum-Return (ECR) system is unfeasible. While emphasizing internet banking as the preferred method, the EPFO allows this alternative if the regional officer is satisfied it's a one-time request. ...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
- TDS on EPF: When TDS is applicable on EPF withdrawal, how to avoid it
If an EPF balance is withdrawn before 5 years of service, TDS is deducted at a rate of 10%. TDS will be d ...More
If an EPF balance is withdrawn before 5 years of service, TDS is deducted at a rate of 10%. TDS will be deducted at the highest slab rate of 30% if PAN is not provided during withdrawal. ...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
- 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
- EPFO gives relief to these EPF members from submitting joint declaration form
EPFO Joint declaration form submission: EPF scheme rules require mandatory submission of this form if an ...More
EPFO Joint declaration form submission: EPF scheme rules require mandatory submission of this form if an EPF member wants to contribute on basic pay exceeding statutory limit of Rs 15,000 per month. The EPFO has also started sending SMSes to the EPF members to submit the joint declaration form as soon as possible. ...Less
- EPFO issues new process for EPF accounts updation to correct name, Aadhaar, date of birth, 8 other details
The Employees' Provident Fund Organisation (EPFO) has issued a new circular on August 23, 2023, to standa ...More
The Employees' Provident Fund Organisation (EPFO) has issued a new circular on August 23, 2023, to standardise the process of correcting details in the EPF account. As per the new process, an EPF member can correct 11 details in her profile. The new circular has put the restrictions on number of times these 11 details can be corrected or updated. ...Less
- Know the maximum investment in VPF for tax free interest on EPF account
If an individual is covered Employees' Provident Fund (EPF), then every month same is deducted from his/h ...More
If an individual is covered Employees' Provident Fund (EPF), then every month same is deducted from his/her salary. To make an additional contribution to the EPF account, one can do so via Voluntary Provident Fund (VPF). However, do note that if the contributions via EPF and VPF exceed Rs 2.5 lakh in a year, then the interest earned on it will become taxable. ...Less
- New EPFO rules for death benefit: 3 changes announced under the EPF's EDLI scheme; check details
The EPFO's Central Board of Trustees announces changes to the Employees' Deposit Linked Scheme to enhance ...More
The EPFO's Central Board of Trustees announces changes to the Employees' Deposit Linked Scheme to enhance benefits for families of EPF members. Key changes include a minimum benefit for new members, death benefits after non-contributory periods, and consideration of service continuity despite short employment gaps. ...Less
- Want regular and reliable income in retirement? Here’s how G-Secs can help you
Government Securities (G-Secs) offer retirees a safe, predictable income, but a G-Sec-heavy strategy alon ...More
Government Securities (G-Secs) offer retirees a safe, predictable income, but a G-Sec-heavy strategy alone can be eroded by inflation. Experts advise a balanced approach, with allocation varying by retirement age. Bond laddering and selective diversification can enhance returns and manage risks effectively. ...Less
- From August 1, EPF contributions will be deducted at 12 per cent
The Employees' Provident Fund (EPF) monthly contributions were reduced from 12 per cent to 10 per cent as ...More
The Employees' Provident Fund (EPF) monthly contributions were reduced from 12 per cent to 10 per cent as a part of the Atma Nirbhar Bharat Package back in May 2020. The move was aimed at providing some savings to employers and employees to tide over coronavirus crisis. ...Less
