New EPFO rules: April 1st signals the start of a new financial year in India, bringing along revisions to regulations governing savings plans. Starting April 1, the Employees’ Provident Fund Organization (EPFO) will introduce important changes. According to various media reports, with the new rule, when an individual changes jobs, their old Provident Fund (PF) …
The Pension Fund Regulatory and Development Authority (PFRDA) has now allowed National Pension System (NPS) subscribers to deposit their contributions through the Unified Payments Interface (UPI) QR code directly under the D-Remit process. How this new initiative by PFRDA will benefit NPS subscribers “The introduction of QR code – UPI for D-Remit (Direct Remittance) would …
To ensure the continuity of their pension, every year pensioners need to submit their Life Certificate, also known as Jeevan Pramaan Patra. Super senior pensioners i.e. those of 80 years and above can start submitting their Life Certificates now, the process started on October 1. There is a special provision for pensioners aged 80 years …