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- 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
- EPFO launches six-month 'VISHWAS 2026' scheme to settle employer penalty disputes, promote compliance
The Employees' Provident Fund Organisation (EPFO) has launched 'VISHWAS, 2026', a one-time dispute resolu ...More
The Employees' Provident Fund Organisation (EPFO) has launched 'VISHWAS, 2026', a one-time dispute resolution scheme aimed at encouraging employers to settle long-pending damages and penalty-related cases through a simplified digital process, while promoting voluntary compliance and reducing litigation. ...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
- 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 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
- 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
- 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
- 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
- EPFO launches Vishwas 2026; scheme to be operational for six months
Under VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall ...More
Under VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially reduced rates, namely 0.25% per month for defaults up to two months, 0.50% per month for defaults from two to less than four months, and 1.00% per month for defaults exceeding four months, the ministry of of labour and employment said on Friday. ...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
- Exempted Trust under EPFO may regularise their status under Amnesty Scheme, 2026, says the retirement fund body
The Employees' Provident Fund Organisation has launched a new amnesty scheme for provident fund trusts. T ...More
The Employees' Provident Fund Organisation has launched a new amnesty scheme for provident fund trusts. This one-time opportunity allows exempted trusts to regularise their status for six months. The scheme offers retrospective regularisation and waives certain compliance requirements. Pending assessments for dues and damages will be withdrawn under specific conditions. Eligible establishments can submit applications through their regional EPFO offices. ...Less
- EPFO launches VISHWAS 2026 to settle employer penalty disputes
The EPFO has launched VISHWAS 2026, a six-month, one-time dispute resolution scheme to help employers set ...More
The EPFO has launched VISHWAS 2026, a six-month, one-time dispute resolution scheme to help employers settle pending damages and penalty cases under provident fund laws. The initiative offers substantially reduced penalty rates for eligible defaults before June 14, 2024, through a fully digital, transparent and time-bound process. ...Less
- EPFO board to take up CITES on July 25: Meet to ratify key provisions; CBT to discuss automatic transfers, simplified withdrawals
The Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meetin ...More
The Employees' Provident Fund Organisation board will meet July 25 to approve key provisions. This meeting will ratify crucial elements of the new centralised IT project. The CITES project aims to significantly enhance services for millions of subscribers. Simplified rules for partial withdrawals and automatic PF transfers are expected. Easier access to member information will also be a key benefit. ...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
- IDFC First Bank launches EPFO payment services
IDFC First Bank has launched provident fund payment services through its EPFO integration. This integrati ...More
IDFC First Bank has launched provident fund payment services through its EPFO integration. This integration allows establishments to initiate PF payments directly via the EPFO portal. Transactions can then be completed using IDFC FIRST Bank's digital banking platforms. Customers can now make provident fund payments quickly and securely. The bank served 38 million customers as of March 31, 2026. ...Less
- PF interest for FY26 being credited; passbook balance to be updated by July 15
EPFO is processing annual interest for FY 2025-26, with balances updated by July 15. This faster credit c ...More
EPFO is processing annual interest for FY 2025-26, with balances updated by July 15. This faster credit cycle is enabled by the new CITES 2.01 digital platform. The government approved an 8.25% interest rate, impacting over 34 crore member accounts. EPFO has also simplified partial withdrawal rules and automated account transfers after job switches. ...Less
- School Assembly News Headlines, July 17: Top National, International, Sports, Business & Education News
School Assembly News Headlines, July 17: Skyroot Aerospace plans its Vikram-1 rocket launch on July 18. I ...More
School Assembly News Headlines, July 17: Skyroot Aerospace plans its Vikram-1 rocket launch on July 18. India and the UK signed a trade agreement to reduce tariffs on goods. The ICC approved significant changes to ODI and T20 World Cup formats. EPFO credited annual interest to millions of member accounts early. New Zealand will ease student visa rules for international learners. ...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
- EPFO to transfer Rs 1.4 lakh cr in interest to 340 million members by July 15
The Employees' Provident Fund Organisation will auto-process 8.25% interest for FY26 by July 15. This cre ...More
The Employees' Provident Fund Organisation will auto-process 8.25% interest for FY26 by July 15. This credit will be applied to nearly 340 million members' accounts. A new CITES 2.01 member portal will also be launched simultaneously. The organization has also raised the auto-settlement limit for advance claims to ₹5 lakh. This new system aims to provide a unified view of member accounts and services. ...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
- SBI MF confident of IPO despite volatilities; aims to double foreign book in 3 years
SBI Funds Management is confident its Rs 11,600-crore IPO will succeed despite market volatilities. The a ...More
SBI Funds Management is confident its Rs 11,600-crore IPO will succeed despite market volatilities. The asset manager aims to double its international book to USD 5 billion within three years. This revenue augmentation plan includes expanding global presence and staff. The company is also focusing on its alternatives business and potential acquisitions. Parent SBI contributes significantly to sales, particularly with safer hybrid schemes. ...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
- States' fiscal deficit likely to moderate to 3.4% of GSDP in FY27 as tax collections improve: ICICI Bank
States' fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in ...More
States' fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax collections and an improvement in revenue receipts, according to an ICICI Bank report. ...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
- 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
- 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
- Stocks in news: Adani Enterprises, Cochin Shipyard, IDFC First Bank, Premier Energies, Glenmark Pharma
Markets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard's ...More
Markets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard's offer for sale saw strong investor demand on its first day. Adani Enterprises' US legal case faces a likely dismissal by federal prosecutors. IDFC First Bank launched provident fund payment services through its EPFO integration. Premier Energies secured significant orders, and Glenmark Pharma launched a generic drug in the US. ...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
- 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
- Delhi world's cheapest for dates, buying properties among major cities; salary among lowest
New Delhi offers the world's cheapest date and broadband internet services. Property prices in Delhi rema ...More
New Delhi offers the world's cheapest date and broadband internet services. Property prices in Delhi remain relatively low compared to global markets. However, the city's salaries are among the lowest recorded globally. Everyday expenses have significantly decreased in dollar terms over the past decade. Delhi's quality of life rankings did not place it among the top cities. ...Less
- Over 1.7 cr ITRs filed for AY 2026-27: I-T deptt
More than 1.7 crore income tax returns have been filed for the 2025-26 fiscal year. Over ten lakh returns ...More
More than 1.7 crore income tax returns have been filed for the 2025-26 fiscal year. Over ten lakh returns were submitted on Friday alone by taxpayers. The deadline for filing ITRs 1 and 2 is July thirty-first. ITR Form 1 is for individuals with income up to fifty lakh rupees. ITR-2 is for individuals and HUFs with capital gains income. ...Less
- PM Kisan Yojana 24th instalment date: Prime Minister Kisan Samman Nidhi Yojana eligibility, status check, how to complete e-KYC
The Pradhan Mantri Kisan Samman Nidhi scheme offers farmers income support. Eligible farmers will likely ...More
The Pradhan Mantri Kisan Samman Nidhi scheme offers farmers income support. Eligible farmers will likely receive the 24th installment in October 2026. Completing eKYC is mandatory for receiving these crucial scheme benefits. ...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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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 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
- 900 medical coding staff terminated abruptly at Kerala offices of US healthcare firm; government steps in
Hundreds of medical coders in Kochi and Kozhikode faced abrupt termination from a US-based healthcare fir ...More
Hundreds of medical coders in Kochi and Kozhikode faced abrupt termination from a US-based healthcare firm, sparking outrage. Employees reported being forced out without notice, prompting intervention from Kerala's Labour Department and local MLA Uma Thomas. The company has agreed to discuss compensation and has put further terminations on hold pending a meeting with the Labour Secretary, aiming to prioritise employee continuation in service. ...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
- New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explained
Several important financial and regulatory changes have come into effect from July 1, 2026, impacting tax ...More
Several important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport applicants, credit card users, railway passengers and vehicle buyers. Key updates include free Aadhaar email updates, revised passport fees, new SBI and HDFC credit card rules, stricter railway penalties, the approaching ITR filing deadline, possible LPG, CNG and PNG price revisions, RBI's new anti-mis-selling framework, the expected rollout of EPFO 3.0 and car price hikes by major automakers. Here's a detailed look at all the major rule changes taking effect from July 1 and how they could affect your finances and daily life. ...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
- 7 steps parents can take to teach money management to their children
Be available for counsel and advice, but wait for the children to ask for it. Offering unsolicited advice ...More
Be available for counsel and advice, but wait for the children to ask for it. Offering unsolicited advice, which comes from a position of love and concern, and telling the children that parents know better, comes in the way of their learning process. Set the boundaries, make the rules, agree on do and dont’s, but do this at the very start. After that, it is their game to play. ...Less
- India is plotting a game-changer for RBI, banks, corporates, investors
India is planning a high-frequency index to track its vast informal economy, covering millions of unincor ...More
India is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed MoSPI index could improve GDP estimates, guide RBI interest-rate decisions, strengthen inflation management, sharpen government policymaking and offer investors, businesses and economists an unprecedented real-time view of the country's largest employment engine. ...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
- 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
- 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
- Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit Shukla
A senior executive believes greater flexibility in retirement withdrawals and restored tax incentives cou ...More
A senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the National Pension System (NPS). He advocates for allowing NPS subscribers to choose between annuities and a new Retirement Income System (RIS) and reintroducing the Rs 50,000 tax deduction under the new tax regime. These changes, he suggests, could lead to multifold growth in NPS within a few years. ...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 labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefit
New labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job ro ...More
New labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security benefits. This standardized format, previously limited to certain sectors, now extends to all, reducing ambiguity and disputes. Employees in informal sectors stand to gain significantly from this move towards greater transparency and formalization of employment terms. ...Less
- Modi says 70 lakh jobs created under PM-Viksit Bharat Rozgar Yojana so far; transfers initial incentives worth Rs 2,400 cr
Prime Minister Narendra Modi announced over 70 lakh jobs created under the Pradhan Mantri Viksit Bharat R ...More
Prime Minister Narendra Modi announced over 70 lakh jobs created under the Pradhan Mantri Viksit Bharat Rozgar Yojana, disbursing Rs 2,400 crore in incentives for 15 lakh new positions. The scheme, launched last August, aims to boost first-time job seekers and social security. Modi highlighted the initiative's role in fostering a new India where youth, industry, and government collaborate for national employment goals. ...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
- 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
- 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
- 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
- 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
- EPS pension alert: Can't submit your Life Certificate? Here's the process EPFO wants you to follow
EPS-95 pensioners unable to submit their annual life certificate can now avail doorstep assistance from t ...More
EPS-95 pensioners unable to submit their annual life certificate can now avail doorstep assistance from the postal department. A simple call to 033-22029000 will arrange for a postal worker to visit and submit the certificate free of charge, ensuring uninterrupted pension payments. ...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
- 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
- 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
- EPFO brings down consumer court cases by 46% in 2 years
The Employees Provident Fund Organisation has significantly reduced consumer court cases and overall liti ...More
The Employees Provident Fund Organisation has significantly reduced consumer court cases and overall litigation. A special campaign cleared many pending appeals. The EPFO is now set to use WhatsApp to improve member services. This initiative aims for faster resolution and better communication in local languages. The organisation has achieved its lowest-ever litigation pendency. ...Less
- Minimum EPS-95 pension increased to Rs 7,500? EPFO says this
A letter circulating on social media falsely claims the minimum Employees Pension Scheme 95 pension has i ...More
A letter circulating on social media falsely claims the minimum Employees Pension Scheme 95 pension has increased to Rs 7,500 monthly. The Employees Provident Fund Organisation has officially stated this notification is fake. The current minimum pension provided by the government stands at Rs 1,000 per month for eligible subscribers. ...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
- 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
- 20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheap
Most investors live by one ratio. That ratio that tells them all they want to know – or should one say al ...More
Most investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a screen, sort by it, and start picking from the bottom. It is the habit of a lifetime, and it is wrong more often than they realise. But add a single letter to the ratio and it changes which stocks look cheap, which look expensive, and which look like a trap. In a market that has gone nowhere for 20 months, getting that distinction right has rarely mattered more. ...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
- 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
- Sebi moots MF payment by 3rd parties in select cases
Sebi is proposing new rules for mutual fund investments. Third parties can now make payments in certain s ...More
Sebi is proposing new rules for mutual fund investments. Third parties can now make payments in certain situations. Employers can invest on behalf of employees through salary deductions. Asset Management Companies can pay distributors in mutual fund units instead of cash. A framework for investors to donate to social causes is also suggested. ...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
- Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the story
India's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putti ...More
India's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. Jefferies reports that capital flows are low, not the current account deficit. Foreign investors have sold equities worth billions. Domestic savings are now funding these outflows. The Rupee is undervalued, but a rebound is possible. ...Less
- Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explained
Your employer might soon invest in mutual funds directly from your salary. Sebi is considering a new prop ...More
Your employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can choose their funds, and employers will deduct the amount from salaries. This aims to simplify investing and increase participation. Redemption proceeds will still go to the employee's account. ...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
- 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
- GCCs in India: The story so far
India's global capability center landscape is booming, serving as a catalyst for technological and servic ...More
India's global capability center landscape is booming, serving as a catalyst for technological and service-driven growth. While discussions on quantifying its impact persist, it’s notable that multinational exports are anticipated to hit $164 billion by 2025-26. The workforce has expanded to a remarkable 4.2 million, with AI set to revolutionise job roles. ...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
- 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
- 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
- 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
- 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
