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The EPF Act is a welfare legislation that places compliance obligations on employers and exempt trusts.
Updated : Jun 16, 2026

PF dues: HC says EPFO cannot recover Rs 2.5 cr payout from retired employee, holds employer liable

The Telangana High Court has ruled that the Employees' Provident Fund Organisation (EPFO) cannot recover provident fund dues from retired employees who have already received their benefits. The court held that any action arising from violations after surrender of an exempt PF trust must be directed against the employer and its trust, not the employee.

The PAN quoting threshold for cash payments made at hotels and restaurants has been increased from ₹50,000 to ₹1 lakh per transaction.
Updated : Jun 14, 2026

PAN rules 2026: Property deals, cash deposits, insurance payments get major overhaul

The Income Tax Rules, 2026 have brought sweeping changes to PAN requirements, easing compliance for several routine transactions while tightening scrutiny on high-value property deals, insurance premiums and cash withdrawals. The revised framework also introduces Form 97, replacing Form 60 for individuals without a PAN.

EPFO has launched a comprehensive online facility through the Unified Member Portal that allows subscribers to update personal information and submit e-nominations,
Updated : Jun 13, 2026

EPFO adds over 19 lakh members in June, rolls out easier online update facility

EPFO added 19.29 lakh net members in June, registering a 7.86% year-on-year increase, with young workers accounting for the majority of new enrolments. The retirement fund body also expanded its digital services, enabling members to update profile details and file e-nominations online.

Based on past timelines, EPF subscribers are likely to receive the interest for FY2025-26 between June and September 2026.
Updated : Jun 12, 2026

EPFO interest update: When will 8.25% EPF interest be credited to subscribers' accounts?

More than two months after EPFO retained the 8.25% interest rate for FY2025-26, subscribers are still waiting for the annual interest to be credited to their accounts. While no official date has been announced, past trends suggest the update could begin reflecting between June and September.

EPFO permits complete withdrawal of provident fund savings in a number of special circumstances.
Updated : Jun 10, 2026

EPFO's new withdrawal rules explained: When can members withdraw 100% of their PF balance?

According to a recent government notification, EPFO has removed the requirement for members to explain the reason for withdrawal under the "special circumstances" category.

The tax treatment changes when an employee withdraws the EPF balance before completing five years of continuous service.
Updated : Jun 10, 2026

Withdrawing PF before 5 years? Here's when your EPF corpus becomes taxable

Withdrawing your Employees' Provident Fund (EPF) before completing five years of continuous service could lead to tax liability and TDS, something many salaried employees are unaware of. Under Income Tax Act provisions and EPFO rules, the five-year threshold remains the key factor determining whether PF withdrawals are tax-free or taxable.

Banks are expected to offer attractive interest rates of 5.5-6% on these deposits, higher than current three-year US Treasury yields of around 4.2%, making them appealing to overseas Indians.
Updated : Jun 9, 2026

RBI's FCNR(B) bet could bring ₹5.2-6.2 lakh crore into India, ease rupee pressure: SBI Research

RBI's latest measures to attract foreign currency could bring in ₹5.2-6.2 lakh crore ($55-65 billion) in inflows during FY27, according to SBI Research. The FCNR(B) route, which helped India weather the 2013 taper tantrum, is once again being used to ease pressure on the rupee amid FII outflows and geopolitical uncertainty.

The platforms assessed included Amazon, Flipkart, Nykaa, Blinkit, BigBasket, Zepto, MakeMyTrip, Cleartrip and others.
Updated : Jun 9, 2026

Dark patterns cost Indians up to ₹28,000 cr a year, 88% of online buyers affected: Report

Deceptive design practices or "dark patterns" are quietly costing Indian consumers up to ₹28,000 crore every year, with hidden charges and manipulative tactics affecting nearly nine out of 10 online buyers. A new report by Datum Intelligence warns that the growing trust deficit could put ₹55,000 crore worth of digital commerce spending at risk.

Only 40% of women said they were aware that the law includes miscarriage leave, while 35% had heard about the provision but lacked details. Another 25% were completely unaware that such leave exists.
Updated : Jun 9, 2026

Breaking the silence: Most women still hide miscarriages at work despite legal leave provisions, says report

Despite increasing social openness around miscarriage, most women in India still avoid discussing pregnancy loss at the workplace, a new YouGov India report has found. Low awareness of legal leave provisions and fears of judgment and career setbacks continue to discourage women from seeking support.

 Children Education Allowance (CEA) is a reimbursement benefit available to Central Government employees to help cover a portion of their children's educational expenses.
Updated : Jun 7, 2026

Children education allowance: How you can claim CEA online through Postal dept's new module

The move is aimed at streamlining claim processing, improving transparency, and reducing manual paperwork. However, employees will still need to submit physical copies of claim forms and supporting documents for verification and record-keeping.

The latest round of revisions began after the Union government increased Dearness Allowance (DA) and Dearness Relief (DR) by 2 percentage points in April 2026
Updated : Jun 7, 2026

Dearness Allowance hikes in 2026: Which states have increased DA, who benefits, what happens next?

Several states have revised Dearness Allowance (DA) and Dearness Relief (DR) rates in 2026 following the Centre's decision to raise DA to 60% of basic pay. With inflationary pressures persisting, government employees and pensioners are now closely watching the possibility of another DA hike in July.

A high US salary can accelerate wealth creation, especially in sectors like technology and finance. However, a well-paying job in India can often provide a better lifestyle thanks to lower living costs and higher purchasing power.
Updated : Jun 5, 2026

Is a dollar salary better than an Indian Rupee salary? Here's what ChatGPT has to say

Is a dollar salary automatically better than earning in Indian rupees? A salary paid in US dollars may look far more attractive than one earned in Indian rupees, but exchange rates tell only part of the story. ChatGPT says the answer depends less on exchange rates and more on purchasing power, living costs, taxes, and how much of your income translates into actual lifestyle and wealth creation.

Official data shows significant growth in voluntary silver hallmarking. The number of silver jewellery articles hallmarked increased to 59 lakh in FY26, up from more than 32 lakh articles in FY25.
Updated : Jun 5, 2026

Will silver hallmarking become mandatory? BIS assesses readiness of Indian market

BIS is evaluating the regulatory framework and infrastructure required to make silver hallmarking mandatory across India. While adoption of voluntary hallmarking is rising rapidly, the regulator says challenges related to market diversity, testing capacity, and implementation readiness must be addressed before a nationwide rollout.

The launch is part of the Reserve Bank of India's (RBI) ongoing strategy to interlink UPI with fast payment systems in other countries and promote efficient cross-border transactions.
Updated : Jun 3, 2026

India-Cambodia UPI link goes live, enabling QR payments for Indian travellers

Indian travellers can now make seamless UPI payments at over 4.5 million merchants in Cambodia, following the launch of a cross-border QR payment linkage between the two countries. The move marks another milestone in India's efforts to expand UPI globally and simplify international transactions.

In 2025, a large number of EPF subscribers reported seeing the annual interest credited to their accounts during June and July.
Updated : Jun 3, 2026

BT Explainer: Why your PF interest has not been credited yet — and when it may come

EPF subscribers are waiting for the 8.25% interest for FY2025-26 to reflect in their provident fund accounts. While the credit process may take a few more weeks, experts say members will not lose any interest due to the delay.

About 41% of urban Indians said financial goals are a source of stress affecting their health, with money pressures impacting mental, physical, and work-related well-being.
Updated : Jun 2, 2026

India looks healthy on paper, but this particular stress is taking a toll: Report

India may score a respectable 65 out of 100 on overall health, but financial well-being is emerging as a major source of stress for urban Indians. A new ManipalCigna report shows that money worries, high stress levels, and growing mental health concerns are quietly undermining the country's sense of well-being.

Godrej Wealth will operate alongside Godrej Capital, the group's lending business, creating a broader financial services platform.
Updated : Jun 2, 2026

Godrej enters wealth management, eyes ₹1 lakh crore AUM in next five years

Godrej Industries Group has launched Godrej Wealth, its new wealth management business, with an ambitious target of managing ₹1 lakh crore in assets by 2031. The company aims to tap India's rapidly expanding affluent and high-net-worth investor segment through a technology-enabled, trust-led platform.

The likely DA hike comes at a time when employee unions are pressing the government to merge at least 50% of DA with basic pay before the 8th Pay Commission recommendations are implemented.
Updated : Jun 2, 2026

July DA hike: DA at 63%? How much more salary and pension could you get? 

A 3% Dearness Allowance (DA) hike from July 2026 is looking increasingly likely, with the latest inflation data indicating that DA could rise from 60% to 63%. If approved, the move would boost the salaries and pensions of more than 1.2 crore central government employees and pensioners.

The 8th Central Pay Commission was formally constituted through a government notification issued on November 3, 2025.
Updated : Jun 2, 2026

8th CPC deadline extended to June 15: Discussion on salaries, pensions, fitment factor gathers pace

The 8th Pay Commission has extended the deadline for submitting memorandums and suggestions to June 15, offering government employees and pensioners more time to present their demands. As consultations continue, the spotlight remains firmly on the fitment factor, which will determine the scale of future salary and pension hikes.

June 2026 brings a series of important financial changes spanning taxation, investing, banking and borrowing.
Updated : Jun 1, 2026

June 2026 money changes: RBI repo rate decision, new income tax rules, SEBI margin norms and more

June 2026 brings a host of important financial changes that could affect taxpayers, investors, borrowers and digital payment users. From the RBI's monetary policy decision and new income tax rules to SEBI's stricter margin requirements, several developments are set to impact personal finances and investment decisions.

The commission has announced a fresh round of stakeholder meetings in Lucknow, Uttar Pradesh, after holding similar discussions in Pune, Dehradun and New Delhi.
Updated : Jun 1, 2026

8th Pay Commission: Salary revision may take until 2027, employees could miss these allowance arrears

The 8th Pay Commission has stepped up consultations with employee unions and government bodies across the country as it works on recommendations for salaries, pensions and allowances. While central government employees could receive 20-24 months of salary arrears, experts say some allowance-related arrears may not be paid.