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- EPF interest not credited yet? 3 easy ways to check if your PF interest has been credited
The Employees' Provident Fund Organisation has begun crediting 8.25% interest for the financial year 2025 ...More
The Employees' Provident Fund Organisation has begun crediting 8.25% interest for the financial year 2025-26. Many EPF subscribers are receiving SMS notifications confirming this interest credit. Members can check their EPF balance through the EPFO portal, a missed call, or SMS service. ...Less
- Rs 9,330 crore lying in the inoperative EPF accounts; is your account also one of them; here's how to claim fund
As much as Rs 9,330.56 crore lies in inoperative Employees Provident Fund accounts. This unclaimed amount ...More
As much as Rs 9,330.56 crore lies in inoperative Employees Provident Fund accounts. This unclaimed amount is as of March 31, 2026, according to government data. The Employees Provident Fund Organisation is conducting outreach initiatives to inform members. Inoperative accounts are those with no contributions for three years after retirement. Workers can claim their inoperative EPF funds by transferring or withdrawing them. ...Less
- Automatic EPF transfer on switching job: Who can access this facility and who will be left out?
The new EPF reforms introduce automatic fund transfers when changing jobs. This facility requires an Aadh ...More
The new EPF reforms introduce automatic fund transfers when changing jobs. This facility requires an Aadhaar-linked and KYC-compliant Universal Account Number for members. Employees in private and exempted EPF organizations will not receive this automatic transfer. Members can check their previous work history on the EPFO portal for verification. Several digital reforms aim to simplify claims and improve member services. ...Less
- EPF Scheme 2026: Key changes in nominations, PF withdrawals, and employer compliance
Key features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 stat ...More
Key features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchanged, but the formalisation of revised provisions will trigger new operational obligations. ...Less
- Is government launching minimum pension scheme for all citizens? Ministry responds in Parliament
Parliament heard that the government has no minimum pension scheme plans. The Code on Social Security, 20 ...More
Parliament heard that the government has no minimum pension scheme plans. The Code on Social Security, 2020, aims to extend benefits to unorganized workers. This code also provides for setting up a Social Security Fund. The Employees' Pension Scheme, 2026, is a pooled fund for eligible workers. Unclaimed EPF amounts in inoperative accounts totaled over Rs 9330 crores. ...Less
- Rs 1,800 EPF vs 12% of basic pay: Choosing Rs 1,800 monthly contribution can increase your in-hand salary, but is it worth?
Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contri ...More
Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay but lowers future savings. Investing saved amounts in equities may offer higher returns over time. A disciplined approach to investing is crucial for long-term financial success. The decision depends on individual financial goals and risk tolerance. ...Less
- Did you receive 8.25% EPF interest today in your account? Here's how you can check it
Employees Provident Fund Organisation members anticipate receiving 8.25 percent interest today. This inte ...More
Employees Provident Fund Organisation members anticipate receiving 8.25 percent interest today. This interest payment applies to the financial year 2025-2026 for many subscribers. EPFO subscribers can check their updated balances through the UMANG app or SMS. The EPFO member e-Sewa portal also provides access to account details. Interest accrues monthly, ensuring no loss if credit is delayed. ...Less
- GPF interest rate for government employees: Has Finance Ministry changed GPF rate from 7.1% for July-September 2026 quarter?
The Ministry of Finance has announced the GPF interest rate for the upcoming quarter. General Provident F ...More
The Ministry of Finance has announced the GPF interest rate for the upcoming quarter. General Provident Fund and similar government funds will earn 7.1 percent interest. This rate remains unchanged for the July to September 2026 period. Public Provident Fund and small savings schemes also retain their current rates. Employees Provident Fund interest rate stands at 8.25 percent for the fiscal year. ...Less
- No proposal to utilise unclaimed LIC, EPFO funds for other purposes: Govt
Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporatio ...More
Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts totaling over seven thousand crore rupees. Inoperative Employees Provident Fund accounts contained over nine thousand crore rupees as of March 2026. Both LIC and EPFO are actively working to locate beneficiaries and settle pending claims. Pilot projects are underway for automatic settlement of smaller inoperative EPF accounts. ...Less
- Higher take-home salary or bigger retirement corpus? How the proposed EPF change could affect your future
A government proposal may allow employees to voluntarily reduce their EPF contributions. This change coul ...More
A government proposal may allow employees to voluntarily reduce their EPF contributions. This change could increase immediate take-home salaries for many workers. However, experts caution this might significantly reduce long-term retirement wealth accumulation. The proposal primarily affects employees contributing above the statutory wage ceiling. Employees should carefully consider investment alternatives for any reduced EPF amounts. ...Less
- EPF interest credit by July 15, 2026: How to check if 8.25% interest has been credited to your PF account
Employees’ Provident Fund interest for FY 2025-26 will be credited by July 15, 2026. Subscribers will rec ...More
Employees’ Provident Fund interest for FY 2025-26 will be credited by July 15, 2026. Subscribers will receive an 8.25% interest rate on their EPF contributions. This marks the third consecutive year the interest rate remains unchanged. EPFO members can check their balance through the UMANG app or SMS service. Interest accrues monthly, so delays do not cause subscriber losses. ...Less
- EPFO Amnesty 2026 Scheme for PF trusts: Eligibility, benefits, application process and key rules
The Employees' Provident Fund Organisation introduced a six-month Amnesty Scheme in 2026. This initiative ...More
The Employees' Provident Fund Organisation introduced a six-month Amnesty Scheme in 2026. This initiative allows employers to regularize their private provident fund trusts. Eligible establishments can either join the EPFO framework or continue as exempted trusts. ...Less
- EPFO launches VISHWAS 2026 scheme: Six-month window offers relief in delayed PF dispute cases; check eligibility
EPFO 2026 scheme: The Employees' Provident Fund Organisation (EPFO) has introduced VISHWAS, 2026, a dispu ...More
EPFO 2026 scheme: The Employees' Provident Fund Organisation (EPFO) has introduced VISHWAS, 2026, a dispute resolution scheme. This initiative offers employers reduced damages for pending Employees' Provident Fund cases. ...Less
- EPF withdrawal rules explained: How many times can you withdraw PF for illness, marriage, education, home purchase and special circumstances?
Latest EPF withdrawal rules: EPFO subscribers can withdraw funds for specific needs like illness and educ ...More
Latest EPF withdrawal rules: EPFO subscribers can withdraw funds for specific needs like illness and education. Withdrawals for marriage and housing are permitted up to five times. Special circumstances allow advances twice annually under new guidelines. ...Less
- EPF vs VPF under new EPF Scheme 2026: Here's how employee and employer contributions will work
EPFO: The EPF 2026 Scheme largely retains existing EPF contribution rules, with both employees and employ ...More
EPFO: The EPF 2026 Scheme largely retains existing EPF contribution rules, with both employees and employers continuing to contribute 12% of wages, subject to the statutory wage ceiling. It also preserves the VPF framework, allowing employees to make higher voluntary contributions without requiring employers to match them, while offering flexibility to discontinue them later. ...Less
- New EPF Scheme, 2026: What existing and new PF subscribers should know
India's Employees' Provident Fund (EPF) is undergoing a significant modernization with the EPF Scheme, 20 ...More
India's Employees' Provident Fund (EPF) is undergoing a significant modernization with the EPF Scheme, 2026. Existing subscribers will see continuity in their balances and membership, while new entrants will find a clearer framework for contributions and benefits. A key change involves increased flexibility for voluntary contributions, allowing employees to build larger retirement funds. ...Less
- Eps 95 pension latest news today 6 key changes higher pension, 20-day claim settlement, new withdrawal rules
The Employees' Pension Scheme, 2026, introduces significant changes for EPF members. Withdrawal benefits ...More
The Employees' Pension Scheme, 2026, introduces significant changes for EPF members. Withdrawal benefits now require a 36-month waiting period after exit. Existing members will seamlessly continue their coverage under the new scheme. ...Less
- 8th Pay Commission: On demand of Old Pension Scheme by various employee bodies, government says this in Parliament
8th Pay Commission latest news: Central government employee bodies are demanding the Old Pension Scheme's ...More
8th Pay Commission latest news: Central government employee bodies are demanding the Old Pension Scheme's restoration from the 8th Pay Commission. However, the government has stated no such proposal is currently under consideration. Employee unions argue the New Pension Scheme offers insufficient retirement security for many workers. They advocate for the OPS to provide a respectable and sustainable pension for all employees. Several states have previously reverted to the OPS after implementing the NPS. ...Less
- EPS pension calculator: How much monthly pension can you get after 10 years of service under EPS 2026?
EPS pension : The central government has implemented the Employees' Pension Scheme 2026. This new scheme ...More
EPS pension : The central government has implemented the Employees' Pension Scheme 2026. This new scheme replaces the Employees' Family Pension Scheme 1971 and EPS 1995. Pension calculation formula remains unchanged while new rules address fund investment and claim delays. ...Less
- EPFO update: 10 key changes new centralised system brings to EPF, EPS subscribers
EPFO has centralized its member database for faster and smoother service delivery. Annual interest for FY ...More
EPFO has centralized its member database for faster and smoother service delivery. Annual interest for FY 2025-2026 will be credited by July 15, 2026. Advance withdrawal auto-settlement limits have been raised to Rs 5 lakh. Automatic PF account transfers will occur upon job changes without separate forms. EPFO services are now accessible from any PF office across India. ...Less
- EPFO 3.0: Government plans new pension scheme for formal and unorganised sector workers, claims report explaining how it will work
The government is planning a new pension scheme under the EPFO 3.0 framework. This new plan aims to provi ...More
The government is planning a new pension scheme under the EPFO 3.0 framework. This new plan aims to provide retirement benefits to workers in both formal and unorganised sectors. Members will build a retirement corpus through regular contributions invested in government-backed assets. ...Less
- Techie, who once paid Rs 1 crore tax, breaks down on X after lay off: ‘Thank you…’
A tech professional recently took to X to lament the country’s pitiable social security system. He said t ...More
A tech professional recently took to X to lament the country’s pitiable social security system. He said that even though, once he paid Rs 1 crore in taxes, he was laid off. ...Less
- EPF Scheme 2026: Will you get more than 8.25% interest on your PF contributions now? Check EPFO update
A new Employees' Provident Funds Scheme, 2026, has replaced the 1952 version under the Code on Social Sec ...More
A new Employees' Provident Funds Scheme, 2026, has replaced the 1952 version under the Code on Social Security, 2020. The EPF interest rate remains at 8.25% for the financial year 2025-26. While digital services are formally incorporated, private PF trusts now face a cap on their declared interest rates, not exceeding the central government's rate by more than 2%. ...Less
- Is your employer delaying deposit into your NPS? Know how it can impact you
Government departments must remit employee NPS contributions promptly to PFRDA. Delays in crediting NPS c ...More
Government departments must remit employee NPS contributions promptly to PFRDA. Delays in crediting NPS contributions will incur interest charges for employees. This interest will match the Public Provident Fund rate applicable at that time. Officials causing administrative delays face liability for pecuniary losses to the government. Departments must report actions taken regarding these NPS contribution remittance rules. ...Less
- New tax regime: Save up to Rs 65,500 in tax through your employer's NPS contribution; here's how to claim it
Section 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains availab ...More
Section 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains available under the new tax regime for salaried individuals. Private sector employees switching to the new regime find this deduction particularly attractive. Employer contributions lower taxable income and build retirement savings simultaneously. ...Less
- No debt, Rs 5.67 crore net worth at 33. His biggest goal wasn't a luxury car but to retire. Bengaluru CA says it is not about laziness
Bengaluru-based CA Meenal Goel shared a Reddit post by a 33-year-old with a net worth of Rs 5.67 crore, n ...More
Bengaluru-based CA Meenal Goel shared a Reddit post by a 33-year-old with a net worth of Rs 5.67 crore, no debt, and a desire to retire early. Reflecting on the post, she said more people in their 30s are seeking financial independence rather than promotions. According to Goel, the goal isn't escaping work but gaining the freedom to choose how, where, and for whom they work. ...Less
- EPF Scheme 2026 replaces EPF Scheme 1952: Have EPF interest rate, contribution and wage ceiling changed?
EPF Scheme 2026: The Employees' Provident Funds Scheme, 2026, has replaced the 1952 version, bringing the ...More
EPF Scheme 2026: The Employees' Provident Funds Scheme, 2026, has replaced the 1952 version, bringing the EPF under the new Social Security Code. While key benefits like contribution rates and UAN remain unchanged, the new framework emphasizes digital processes and introduces stricter governance for exempted trusts. ...Less
- Where to invest Rs 10 lakh for maximum advantage: equity, a hybrid instrument or debt?
Financial planning: Investing ten lakh rupees requires aligning financial goals with suitable timeframes. ...More
Financial planning: Investing ten lakh rupees requires aligning financial goals with suitable timeframes. Short-term goals necessitate conservative assets offering high liquidity and capital protection. Medium-term objectives allow for a balanced approach with hybrid and equity fund allocations. Long-term wealth creation benefits from a significant allocation towards diversified equity funds. Investors should also consider tax implications and rebalance portfolios as goals approach. ...Less
- Name appearing in builder's records showing cash payment: Will you need to pay income tax for such property purchase? Here’s what ITAT said
Can the Income Tax Department tax you based only on papers found during a builder's search? A recent ITAT ...More
Can the Income Tax Department tax you based only on papers found during a builder's search? A recent ITAT ruling explains when third-party documents are not enough and the important rights every property buyer should know. ...Less
- EPFO claims may take longer for 2 weeks after major system upgrade; members asked to avoid repeated requests
The Employees Provident Fund Organisation has finished a major system upgrade and database consolidation. ...More
The Employees Provident Fund Organisation has finished a major system upgrade and database consolidation. Some EPFO services are temporarily unavailable on the UMANG app due to this migration. ...Less
- EPS pension: Check how much monthly pension you can get after 10–25 years of service under EPS 2026
The Employees' Pension Scheme 2026 has been introduced, replacing older pension plans. This new scheme ma ...More
The Employees' Pension Scheme 2026 has been introduced, replacing older pension plans. This new scheme maintains the existing pension calculation formula for subscribers. Pensionable salary is determined by the average of the last sixty months' earnings. Employees receive a minimum monthly pension of one thousand rupees. Service years are enhanced by two years for those with twenty or more years of contribution. ...Less
- EPF Scheme 2026: Your provident fund is getting simpler, smarter and more digital
India's provident fund system has undergone a significant overhaul with the introduction of the Employees ...More
India's provident fund system has undergone a significant overhaul with the introduction of the Employees' Provident Fund Scheme, 2026, replacing the 1952 version. This modernization prioritizes digital compliance and simplified processes, aligning with new labor codes. Key changes include easier partial withdrawals for members and enhanced governance for employers, aiming for wider social security coverage and improved benefit delivery. ...Less
- EPFO portal downtime extended for a day: When will EPF passbook, claims and UAN services be restored?
EPFO services, including online claim submissions and passbook downloads, will be unavailable until July ...More
EPFO services, including online claim submissions and passbook downloads, will be unavailable until July 2 2026, due to a system migration. Members can check their EPF balance via a missed call if their UAN is linked with Aadhaar, PAN, and bank details. ...Less
- EPFO portal still down after July 2 deadline: Here's the latest update on when services will resume for members and employers
EPFO's online services remain inaccessible beyond the scheduled maintenance, frustrating members and empl ...More
EPFO's online services remain inaccessible beyond the scheduled maintenance, frustrating members and employers. A major technology upgrade for better claim processing is underway, but the portal outage continues. Meanwhile, a new EPF Scheme, 2026, has been rolled out, simplifying withdrawals and enhancing digital compliance, though it's not linked to the current system migration. ...Less
- 8th Pay Commission HRA calculator: Can HRA go up to Rs 1,93,000/month? HRA estimates for Level 14-18 employees at 2.0, 2.1, 2.28, 2.57 fitment factors
8th pay commission calculator: The 8th Pay Commission has concluded its Kolkata meetings and extended the ...More
8th pay commission calculator: The 8th Pay Commission has concluded its Kolkata meetings and extended the employee data submission deadline. Central government employees anticipate salary and allowance increments as the commission prepares its recommendations. House Rent Allowance is a key component which is expected to be revised significantly. Senior government officials at Level 14-18 may see substantial HRA increases based on fitment factors. ...Less
- Waiver of recovery of excess amount paid to central government employees: Finance Ministry to examine proposal to simplify the process
Central government employees' union requested simpler recovery waivers for excess payments. The DoE secre ...More
Central government employees' union requested simpler recovery waivers for excess payments. The DoE secretary assured examination of these demands with DoPT. Audits often identify past overpayments, leading to salary deductions. NC-JCM argues these are administrative errors, not employee fault. They propose delegating waiver powers to department heads for faster resolution. ...Less
- EPS 2026 brings new rules, but has the Rs 1,000 minimum pension changed?
The government has introduced the Employees' Pension Scheme (EPS), 2026, replacing older schemes. The cal ...More
The government has introduced the Employees' Pension Scheme (EPS), 2026, replacing older schemes. The calculation formula for pensions also stays the same, based on pensionable salary and service. ...Less
- EPFO upgrades unified member portal: UAN activation, generation through portal discontinued; here's how you can do it now
The EPFO's unified member portal is now live after an upgrade, bringing a new look and significant change ...More
The EPFO's unified member portal is now live after an upgrade, bringing a new look and significant changes. Key services like UAN activation and direct allotment have moved to the UMANG app, utilizing Aadhaar-based Face Authentication. While UAN retrieval is simplified on the portal, death claim filing remains accessible. This update aims for faster, more secure services for all users. ...Less
- 8th Pay Commission latest news: Odisha meetings, Railway inspection plan and other key developments you should know
The 8th Pay Commission is actively consulting stakeholders across India, recently holding discussions in ...More
The 8th Pay Commission is actively consulting stakeholders across India, recently holding discussions in Bhubaneswar and planning for Kolkata. Notably, the commission intends to conduct firsthand inspections of Indian Railways' operations, including track maintenance, signal work, and train control, to better understand employee working conditions and risks before salary revisions. Railway technical supervisors are advocating for broader operational inspections to ensure a comprehensive review. ...Less
- EPFO's new social security rules tighten claim timelines, mandate digital compliance
New social security schemes under the Code on Social Security are now in effect, prioritizing digital com ...More
New social security schemes under the Code on Social Security are now in effect, prioritizing digital compliance and faster claim settlements for provident fund, pension, and insurance. EPFO officials face a 12% annual penal interest for delays exceeding 20 days without valid reasons. Contribution structures remain unchanged, with a focus on enhancing online access for members and extending digital requirements to exempted establishments. ...Less
- EPFO's New PF Rules Explained: Faster withdrawals, three-day settlement and other key changes
EPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within ...More
EPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within three days for withdrawals and 20 days for pension and insurance. Penalties for delays and a largely paperless system are introduced. Employees can now withdraw 75% of their PF balance upon job loss and access funds for illness, education, and marriage with reduced service requirements. Full withdrawals are also permitted earlier, offering greater financial flexibility. ...Less
- New EPFO rules mandate 3-day PF settlements, simplify withdrawals
Government revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal ...More
Government revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal interest on officials for delays. Employees can now withdraw 75% of their PF balance immediately upon job loss. Withdrawal categories are simplified to three: illness, education, and marriage, with reduced service requirements. ...Less
- PPF interest rate for July-September 2026: Has government changed 7.1% rate? Here's what investors should know
PPF interest rate: The Finance Ministry has maintained the Public Provident Fund (PPF) interest rate at 7 ...More
PPF interest rate: The Finance Ministry has maintained the Public Provident Fund (PPF) interest rate at 7.10% for the July-September 2026 quarter, keeping it unchanged from the previous period. ...Less
- ITR filing 2026: Rs 15 lakh, Rs 20 lakh, and Rs 25 lakh salary; how much tax you could pay under new vs old tax regime?
Salaried employees face a crucial tax decision between old and new regimes. The new tax regime offers low ...More
Salaried employees face a crucial tax decision between old and new regimes. The new tax regime offers lower tax liability across various income levels. However, substantial deductions can make the old tax regime more beneficial. Taxpayers should calculate their actual tax under both systems. This ensures the most tax-efficient choice for their financial situation. ...Less
- EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the same
A new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. Whi ...More
A new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension formula and contributions remain, key changes include faster pension claim settlements within 20 days and a 12% interest penalty for EPFO delays. ...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
- 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
- Investing for your child's future through PPF? Here's what every parent should know before opening a PPF account
Parents can open a Public Provident Fund (PPF) account for their minor children to secure their future, b ...More
Parents can open a Public Provident Fund (PPF) account for their minor children to secure their future, benefiting from compounding over the 15-year maturity period. While the annual contribution limit is ₹1.5 lakh across all minor accounts and the parent's own PPF, it offers tax benefits under the old regime. ...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
- Cashless health insurance claim rejected? You may still get your claim settled; here’s how
Cashless health insurance claims are often rejected due to documentation or procedural issues, not outrig ...More
Cashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reasons, like network hospital discrepancies or incomplete paperwork, is crucial. If rejected, policyholders can opt for reimbursement, but prompt follow-up with the insurer and proper documentation are key to resolving issues and ensuring claims are settled. ...Less
- 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: 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
- 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
- '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
- Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules say
Discovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to ad ...More
Discovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly permit only one personal PPF account. Learn how to identify and regularize duplicate accounts, understand the implications for your deposits and interest, and what steps to take to avoid complications and preserve your hard-earned savings. ...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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
