The Indian Ministry of Labour and Employment has issued a response to a parliamentary question regarding the implementation of the EPS-95 pension scheme
Impact of National Pension Scheme Adoption by State Governments
NPS was introduced by the Government of India in 2003 to replace the defined benefit pension system with a defined contribution pension scheme
Finance Bill 2023 Proposes TDS Rate Cut on EPF Withdrawals
The Government of India has proposed to reduce the Tax Deduction at Source (TDS) rate from 30% to 20% on the taxable portion of Employees’ Provident Fund (EPF) withdrawal on non-Permanent Account Number (PAN) cases in the Finance Bill 2023
CPAO Organises Pension Adalat for Prompt Grievance Redressal of Pensioners
The Central Pension Accounting Office (CPAO) periodically organizes Pension Adalat, with the last one being conducted through video conferencing on 16th March 2022
EPFO Explains Reasons for Delay in Interest Dues Payment to Members
Dr. Pon Gautham Sigamani, a member of the Lok Sabha, asked several questions regarding interest dues in the Employees’ Provident Fund Organization (EPFO)