Over 17 months and counting. That’s how long members of the Employees’ Pension Scheme (EPS) have been waiting to see the implementation of the November 2022 Supreme Court ruling on higher pension. While they still have hope, there is little clarity on when the apex court’s ruling will be implemented by the Employees’ Provident Fund … Read more
Financial stability in retirement is a common financial goal, and well-planned investments are crucial for achieving financial freedom. As we live longer, more and more people are settling in nuclear families, and the cost of living and healthcare is increasing, it’s important to prepare for a secure retirement. After retirement, regular income stops, and the … Read more
NEW DELHI: As much as Rs 30,000 crore has been withdrawn in under four months starting April by 8 million subscribers of the Employee Provident Fund Organisation. EPFO manages a corpus of Rs 10 lakh crore built on mandatory contributions from nearly 60 million salaried people and their employers. The huge outgo is likely to … Read more