Important update for EPFO pensioners! This new mandatory compliance shall come into force on August 2025. According to the recent update, if the beneficiaries of the pension keep the deeming rights, pensions shall be withheld from being paid to them unless the pensioners submit further verification forms, wherein authentication will be made much stricter to … Read more
Reserve Bank of India (RBI) introduced far-reaching changes to ATM usage regulations that date from May 1, 2025. These reforms include: new free transaction limits, capped charges, and 11 free ATM services designed to metamorphose banking into a day-to-day affair. Everything to be laid down for you: 1. New Free Transaction Limits Other-bank ATMs (Off‑Us): … Read more
Dearness Allowance (DA) is a compensation paid during inflationary periods to central government employees and pensioners in India. Being revised twice a year in January and July, it maintains the balance in consumers’ purchasing power with the rise in consumer prices. DA had been raised to 55% of basic pay from 53% in early 2025, … Read more
This has really been a watershed change so far in the pension landscape in India: both the Supreme Court and the government have led major improvements in the Employees’ Pension Scheme (EPS-95), giving homage to the promise of the EPS and financial relief to its pensioners in the private sector. Supreme Court’s Historic Order On … Read more
In another pioneering step towards access and convenience, EPFO has launched the initiative of allowing withdrawal of PF amounts in one go through ATM cards under one of the key projects of EPFO 3.0. This revolutionary step aims at an overall digitalization of services at EPFO and brings empowerment to employees through faster access to … Read more