The best Retirement Security Senior Citizen Savings Scheme (SCSS) is a government-backed savings instrument designed to provide financial stability and a steady income stream for senior citizens in India. Launched by the Central Government, this scheme aims to offer a secure investment option for individuals aged 60 and above, as well as those who have … Read more
Discover How the EPFO’s PRAYAS Scheme initiative can help you get your Pension Payment Order (PPO) on the day of your retirement, simplifying the pension process. Learn the steps to take advantage of this unique facility. Benefits of Receiving the PPO on the Day of Retirement With the PRAYAAS scheme, EPFO members can now receive … Read more
Learn about the EPS 95, or How to apply EPFO Member Pension Scheme, its eligibility criteria, calculation methods, and the benefits it offers. Discover How to calculate Pension benefits and ensure financial security in retirement. All employees eligible for the EPF Scheme automatically qualify for EPS. Introduction and What is Employee Pension Scheme (EPS)? EPFO … Read more
Significant change in the accessibility of Health Insurance policies in India with IRDAI’s new Game-Changing Decision by removing the age cap-limit of 65 years. Recently, the Insurance Regulatory and Development Authority of India (IRDA) took a landmark decision designed to reshape the health insurance scenario in the country. As of the 1st of this month, … Read more
EPFO Increases Cash Withdrawal Limit for Medical Expenses and New EPFO Cash withdrawal limit Benefit for Employees and Pensioners: A Comprehensive Guide to Form 68J to apply online. Introduction In a significant move, the Employees Provident Fund Organization (EPFO) has announced an increase in the cash withdrawal limit for medical expenses under Rule 68J. The … Read more
Maximizing Your Retirement Savings, Know full details about Whether to Withdraw or Invest EPF Money after Retirement. Here, Employees Provident Fund Balance and Investment Options After Retirement. Many people wonder about the fate of their Employees Provident Fund Money after retirement. In this article explains about, what happens to your PF after retirement and explores … Read more
The Central Government has given good news to the Employees and pensioners with New DA hike 2024 – a huge increase in the salaries of the employees, the pension of the pensioners, 10 types of benefits will be given to the employees and pensioners due to this increase how much DA and DR will benefit … Read more
The Honorable Supreme Court Order on EPFO Higher Pension: A Guide for EPF Members The Supreme Court’s landmark judgment on November 4, 2022, significantly impacted the pension scheme of the Employees’ Provident Fund Organisation (EPFO). This article aims to simplify the court’s order and explain its implications for EPF members seeking a higher pension. Key … Read more
Update your EPF account’s exit date in EPFO member portal if you move jobs or are employed and transferred to a different state, as failing to do so will result in the cessation of your EPF contributions. Updating the employment termination date in the EPF account is crucial. With the EPFO site, you can update … Read more
As per EPFO New Update, Aadhar is just a basic identity document, says EPFO. Learn why Aadhar card has been removed as a valid document for birth verification. The Employment Provident Fund Organization (EPFO) has taken a crucial decision. It has removed ‘Aadhaar’ from the list of documents to be submitted by its subscribers for … Read more