Announced this week, the initiative is aimed at central government employees across all categories, Group A, B and C, and will be offered through public sector banks.
EPFO will allow it subscribers to gain faster access to their provident fund savings, with the facility to withdraw EPF directly into their bank accounts through a UPI-based payment gateway expected to roll out by April this year. The labour ministry is developing a system under which a portion of the EPF balance will remain locked in, while a substantial share can be withdrawn seamlessly via the Unified Payments Interface.
EPFO has simplified partial withdrawal rules by merging multiple provisions into a single, easy framework, ending confusion and delays. Members can now withdraw up to 75% of their balance for eligible needs, while 25% remains invested for retirement security.
IndiGo BluChip members can now earn 1 point for every Rs 100 spent on any Nobero product
Under the revised framework, wages include basic pay, dearness allowance and retaining allowance. If these components together fall short of the 50 per cent threshold, employers are required to add the difference to ensure compliance.
The rollout of the new labour codes in November 2025 has put gratuity rules back in focus, with reforms set to reshape who qualifies and how payouts are calculated. From expanded eligibility for contract workers to higher benefits driven by a broader wage definition, the changes mark a major shift in employee social security.
Despite the month-on-month dip in equity inflows, systematic investment plan (SIP) contributions touched a record ₹31,001.67 crore in December, highlighting disciplined retail participation.
With the latest notification, the Transgender Identity Certificate/Card has now been formally added to this list of acceptable documents. “The said document shall be deemed to have been included in the List of Acceptable Documents available as Annexure II to the circular dated January 16, 2025, on Simplification of Joint Declaration Process,” the EPFO said.
By cutting through jargon and focusing on every day money behaviour, learning these word combo can replace fear and emotion with clarity, discipline and long-term confidence.
The surge in UPI transaction volumes has also brought challenges into sharper focus. Alongside record usage, consumer complaints related to failed transactions, delayed confirmations and refunds have risen, drawing attention to stress points within the fast-expanding ecosystem.
Torrent Gas has cut CNG prices by up to Rs 3.50 per kg and domestic PNG prices by up to Rs 2 per standard cubic metre (scm), following the implementation of the Petroleum and Natural Gas Regulatory Board’s (PNGRB) unified pipeline tariff from January 1, 2026.
According to the notification, unfiltered cigarettes shorter than 65 mm will attract an excise duty of Rs 2,050 per 1,000 sticks, while filtered cigarettes up to 70–75 mm will be taxed at Rs 5,400 per 1,000 sticks. Longer and premium variants will face even higher levies, with duties going up to Rs 8,500 per 1,000 sticks.
Issued under the Tamil Nadu Motor Vehicles Taxation Act, 1974, the extension covers both transport and non-transport EVs. The revised exemption window will run from January 1, 2026, to December 31, 2027, offering continued relief to buyers.
Under the new framework, excise duty will no longer depend on actual production or self-declared output. Duty will be levied on a deemed quantity of production linked to the maximum capacity of the machine.
The Indian rupee crossed a historic milestone by breaching the 90-per-dollar mark on December 3, 2025. The slide means NRIs now get more rupees for every dollar remitted, enhancing the value of overseas savings sent to India.
At the core of the changes is a redefinition of wages. Under the new Labour Codes, at least 50% of an employee’s total remuneration must be paid as wages, which include basic pay, dearness allowance and retaining allowance.
With January 1 marking the start of both a new year and a new month, several reforms announced in 2025 will begin taking effect, impacting your salaries, banking services, taxation, investments, lending practices and digital payments.
The PAN–Aadhaar linkage has been made compulsory to strengthen identity verification within the tax system. By linking the two unique identifiers, the government aims to eliminate duplicate PANs, reduce tax evasion, and improve the accuracy of financial records.
Aggregate savings rate declined to 30.2% in FY23 from 31.7% of GDP in FY19, says research paper co-authored by C Rangarajan, Director, Madras School of Economics.
For Union and state government employees, the new year may bring a pay hike. The 8th Pay Commission is expected to come into force from January 1, 2026, as the tenure of the 7th Pay Commission ends on December 31, 2025.
Beyond the financial impact, the emotional toll of persistent debt is very high and it erodes peace of mind and shifts people from long-term planning to short-term survival.
India’s Biggest Change Is Youth Self-Confidence, Says Union Minister Piyush Goyal




