The minimum age to start receiving a pension is 58, provided the employee has completed at least 10 years of service. A ...

The minimum pension under EPS is Rs 1,000 per month, while the maximum pension a member can receive is Rs 7,500 per month.

Currently, PF is calculated at 12% of basic salary. With basic pay and allowances now forming a larger portion of ‘wages,’ ...

Redefined wages under India’s new labour codes will boost gratuity, provident fund and other employee benefits, reshaping salary structures across sectors.

India enacts four Labour Codes, replacing the existing 29 laws, to ensure minimum wages, social security for gig and migrant ...

The new Labour Codes expand gratuity eligibility to fixed-term and contract employees after one year of service and extend ...

RETIREMENT may feel like a distant milestone to many, but the truth is, it is never too early to start preparing.

A guide to what you qualify for under EPS 1995, how your monthly pension is calculated, and the small rules that change the ...

If implemented, this change could increase the employers EPS contribution from Rs 1,250 to Rs 2,083 per month, boosting ...

ITAT Hyderabad sent back the disallowance of Rs. 25.93 crore on pension bond adjustments and Rs. 21.92 crore on pension trust payments for verification due to contradictory claims and ITR reporting ...

Every employee in the organized sector has a PF account. Each month, a fixed amount is deposited into the PF account from an ...