Bandhan Bank has launched a new digital Provident Fund (PF) payment service, integrated with EPFO, allowing business customers to make statutory PF payments via the bank's internet banking platform. This service aims to streamline payments, optimise cash flows, and ensure timely compliance for businesses.
The Employees' Provident Fund Organisation (EPFO) is set to credit the 8.25 per cent interest on provident funds for FY26 to 34 crore member accounts by July 15, enabled by its new centralised IT system (CITES). This upgrade promises enhanced operational efficiency, transparent services, and easier access to PF details and claims for members.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.
Supreme Court Justice Prasanna Varale has voiced serious concerns over the closure of Marathi-medium schools, inadequate facilities in Ashram schools, and insufficient growth in Maharashtra's education budget, suggesting that greater spending could have prevented these shutdowns.
The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.
The Kerala high court has set aside the Centre's decision not to renew the FCRA certificate of two NGOs, accused by central agencies of funding agitations against the Vizhinjam sea port, saying that financial support to a protest cannot be seen as diversion of foreign funds.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
Mizoram Chief Minister Lalduhoma met Union Home Minister Amit Shah regarding the Foreign Contribution (Regulation) Amendment Bill, 2026. Shah assured that the bill would not be retrospective. Various church and minority organisations have expressed concerns about the bill's impact on NGOs, schools, and healthcare units, urging its withdrawal or referral to a joint parliamentary committee.
Every month your salary slip features a deduction towards your Provident Fund (also known as Employees Provident Fund or EPF in short). How often have you wondered if such a contribution is actually beneficial to you and if it is actually needed? What if you quit or switch over jobs? Here's explaining the benefits EPF carries and why one should pay attention to this contribution.
India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.
Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.
The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.
The EPF should remain a retirement nest egg, not be turned into an emergency fund.
The Employees' Provident Fund Organisation (EPFO) is set to introduce UPI-linked withdrawals by the end of May, as it finalises testing for its Centralised IT Enabled System (CITES) 2.0 overhaul, aiming to streamline PF balance transfers and withdrawals.
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.
The Supreme Court of India has quashed criminal proceedings against comedian Samay Raina and four others who faced charges for remarks about people with disabilities. The court lauded their subsequent efforts in organising events and raising awareness for specially-abled persons and those with rare diseases like Spinal Muscular Atrophy (SMA).
The over 3.2 crore subscribers to the provident fund may get a lower 9 per cent interest from April instead of the prevailing rate of 9.5 per cent.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.
The Delhi Lawn Tennis Association (DLTA) has strongly denied reports of violating land lease conditions for the R K Khanna Tennis Complex, asserting that all facilities comply with government norms. The association suggested that the allegations are "mala fide" and strategically timed to influence the upcoming All India Tennis Association (AITA) elections. DLTA also defended its commercial subletting practices, stating they are approved by the L&DO and are essential for generating revenue as it receives no government funding for maintenance.
The Lok Sabha has referred the contentious Foreign Contribution (Regulation) Amendment Bill, 2026, to a 31-member joint parliamentary committee for thorough scrutiny.
The Employees' Provident Fund Organisation's (EPFO) apex decision-making body, Central Board of Trustees, decided to fix 8.5 per cent rate of interest for 2020-21 at its meeting in Srinagar on Thursday, sources said.
For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.
Abhijeet Dipke, convenor of the Cockroach Janta Party (CJP), has initiated the 'School Thik Karo' campaign from his native village in Hingoli, Maharashtra, to address the alleged neglect of government schools and advocate for a fee cap on private educational institutions.
The Supreme Court on Monday asked an apex court-appointed committee to verify claims that around 24,000 families affected by the 2023 Manipur ethnic violence are yet to receive benefits under government rehabilitation and welfare schemes.
The Employees' Provident Fund Organisation (EPFO) on Friday decided to give 8.5 per cent interest on provident fund deposits of 4.5 crore (45 million) subscribers.
FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.
FIFA has issued a clarification regarding its FIFA Forward Enterprise (FFE) proposal, stating it would 'never entertain' selling football to private parties and aims to ensure meaningful commercial ownership for all member nations, following strong criticism and boycott threats from UEFA and CONCACAF.
The US Centers for Disease Control and Prevention, the Pan American Health Organization and the World Health Organization have all described the risk of Ebola to World Cup host countries as low, citing measles, COVID-19 and influenza -- which spread when large crowds gather -- as the most likely threats.
Bollywood superstar Salman Khan has initiated a multi-phase relief drive through his Being Human organisation and fan club in Assam, providing food, medicines, and essentials to families affected by devastating floods, with plans for long-term rehabilitation support.
The mother of the RG Kar hospital rape-murder victim on Monday rejected Trinamool Congres MLA Kunal Ghosh's comparison between the Rs 10 lakh given to the family of a party worker who died in police custody in Halisahar, and the same amount of compensation announced after her daughter's death.
'They (government) are trying to create market for pension products'.
Gianni Infantino's bid for a fourth term as FIFA president faces challenges from traditional football powers, but his strategy relies heavily on the support of smaller, emerging nations that benefit significantly from FIFA's development grants.
The case was registered on the complaint of Pratap Singh, Regional Provident Fund Commissioner, EPFO.
FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.
