As many as 8,186 corporates have come on board with 10.50 lakh subscribers till October so far this year. It was 8.80 lakh last year in October from 6,795 corporates

After a shaky first quarter, the negative impact of the pandemic is now dissipating as EPFO subscriber base increased by around 20 lakh during the first five months of the current fiscal

More than the corpus, much depends on expenses, goals and commitments

Over 33,000 employees at TCS, availed themselves of COVID-19 advances totalling Rs 1.5 crore during the said period, data shared by the Employees' Provident Fund Organisation (EPFO) showed

India's new unemployment allowance plan for lockdown-induced job loss would benefit a small fraction of organised workers; the new social security code in the works aims to expand social security to 100 million organised workers but contains no concrete plan for 437 million unorganised workers

It should be noted, first, that a taxpayer needs to mandatorily link Aadhaar with PAN for the AY 2019-20 on or before the filing of income tax returns

For years, job crisis has remained unacknowledged and un-remedied; the COVID-19 pandemic worsened it, but the government has no information on job loss or policy response to it, except for a few relief measures

NPS has three basic investment options in the form of equity fund, corporate bond fund and government security fund where you can divide your investment based on your preference

In terms of wage slab, more than 74 per cent of total claimants during the lockdown period belonged to bracket of less than Rs 15,000 wage, EPFO data showed

Earlier, there was no provision for restoration of commuted pension and the pensioners continued to receive reduced pension on account of commutation lifelong

While the EPF reduction will put some extra cash in you hands in these times of crisis, there will be an impact on your retirement savings; here's what you can do

Here are some of the options you can explore while putting your personal finance in order in the times of coronavirus

Employees who are members of EPF can withdraw 75 per cent of the amount standing to their credit, not exceeding their three months basic pay

The partial withdrawal of funds has been permitted to fulfil financial needs of National Pension System subscribers, if required to them for treatment of COVID-19

Coronavirus outbreak: EPFO has asked beneficiaries, employers and pensioners to avail its services online instead of coming to its offices

Pension Fund Regulatory and Development Authority is planning to come up with variable annuities and systemic withdrawal option in payouts instead of existing option of the compulsory annuity plan from insurers on fixed rates

While last minute investments may manage to lower total tax outgo, they are unlikely to align well with the financial goals of taxpayers

It is critical for employers to analyse the impact of the Code and the compliances thereunder in order to be able to undertake a smooth transition as and when the Code becomes a law

The decision to switch to the new income tax rates will depend on the level of deductions that you are able to use in the present regime

Budget 2020: Employer's contribution to Employees' Provident Fund (EPF), National Pension System (NPS) and superannuation fund above Rs 7.5 lakh to be taxed