Employees May See EPF Contribution Rise Post SC Ruling

In its ruling on 28 February, 2019, the Supreme Court has held that 'allowances', paid by employer to its employees, will be included in the scope of...

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Special allowance part of basic salary for PF calculations: SC

In what will have financial ramifications for establishments, the Supreme Court ruled that employers cannot segregate ‘special allowance’...

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PFRDA working on minimum assured return scheme for NPS subscribers

Pension fund regulator PFRDA is working on a minimum assured return scheme (MARS) for subscribers of the flagship social security programme --...

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Govt hikes EPF interest rate to 8.65% for FY18-19

The Central Board of Trustees of the Employees' Provident Fund Organisation (EPFO) has recommended increasing the interest rate on Employees'...

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EPFO relaxes rule for payment of higher pension to eligible EPS members

It is possible to claim higher pension from EPFO on the basis of higher contributions made and accepted by EPFO earlier, even if one had not...

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Finance ministry looking at suggestions to raise upper age limit for APY

The finance ministry is looking at some of the suggestions of PFRDA including increasing upper age limit for availing Atal Pension Yojana (APY) to 50...

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‘Finance ministry considering raising the upper age limit for availing Atal Pension Yojana (APY)’

The finance ministry is looking at some of the suggestions of PFRDA including increasing upper age limit for availing Atal Pension Yojana (APY) to 50...

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Subscribers of EPFO may be allowed to increase investments in equity market

Subscribers of the retirement fund body EPFO (Employees' Provident Fund Organisation) may get an option in the New Year to invest more of their...

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Ministry of Labour and Employment notifies new EPF withdrawal rules

Employees' Provident Fund (EPF) Scheme to allow its members to withdraw money from the corpus if he/she remains unemployed for more than one month

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