EPFO Bars Private Sector Asset Managers from Taking Positions in Group Companies

India’s Employees’ Provident Fund Organisation has barred its private sector asset managers from taking positions in group companies as...

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49% Indians are confident of meeting healthcare expenses in retirement, says survey

Nearly 49% of Indians are confident they will be able to take care of their healthcare expenses after quitting work

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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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