Investing in Your Golden Years: Exploring the Power of India’s National Pension Scheme (NPS)

Introduction to the National Pension Scheme (NPS) in India Investing in Your Golden Years is the key to comfortable post-retirement life. The National Pension Scheme (NPS) of India is a pivotal investment avenue made to offer a secure and viable method for retirement planning for employees. It has gained increasing significance as a means of … Read more

KSRTC has no authority to divert employees pension contribution: High Court Kerala

KOCHI: High Court of Kerala state has dismissed an appeal filed by the KSRTC towards a Single Judge’s directive to remit the workers’ and employer’s contribution to the NPS and the contribution to State Life Insurance Coverage and Group Insurance coverage Accounts to the respective heads. The Single Judge discovered that there was no justification for not … Read more

Allahabad HC Awards Rs 50,000 Compensation for 28-Year Wait: GPF Payment Delayed to Mere Rs 5,900

  “After being compulsorily retired in 1983, the petitioner was entitled to receive a payment of Rs 7,340, which was eventually received in 2021.” The Allahabad High Court has ordered the government to pay a senior citizen Rs.50,000. The payment was for a delayed payment of his General Provident Fund (GPF) amount. The petitioner, Naresh … Read more

The Ultimate Guide to EPF, GPF, NPS, PENSION, and GRATUITY for Indian Employees

Section 1: Understanding EPF and GPF Employee Provident Fund (EPF) and General Provident Fund (GPF) are two important savings schemes for Indian employees. EPF is a mandatory retirement savings scheme for employees working in the organized sector. It allows employees to contribute a portion of their salary towards their retirement fund, which is then matched … Read more

Understanding EPF, GPF, NPS, Pension and Gratuity: A Comprehensive Guide for Indian Employees

Introduction As an employee in India, it is essential to have a clear understanding of various funds and schemes that affect your financial future. In this blog post, we will explore the important aspects of EPF, GPF, NPS, Pension, and Gratuity, and provide you with valuable information to make informed decisions. EPF (Employees Provident Fund) … Read more

Understanding EPF, GPF, NPS, Pension, and Gratuity: A Comprehensive Guide for Indian Employees

Section 1: Exploring EPF and GPF As an Indian employee, it is crucial to understand the various funds that contribute to your financial security. Two important funds are the Employees’ Provident Fund (EPF) and the General Provident Fund (GPF). The EPF is a retirement savings scheme that requires both the employee and the employer to … Read more