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Government Schemes News India

Last updated: (today)

PMJDY, PMAY, PMMY, EPFO circulars, ministry announcements and welfare updates.

📰 Latest Government Schemes News

Government Schemes

Pension Frozen? Submit Jeevan Praaman in 5 Steps

EPFO pensioners must submit a Jeevan Praaman Patra every year to keep receiving pension. You can now do this from home using your Aadhaar and a face scan on your smartphone — no bank visit needed.

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Government Schemes

UPI Free for You: But 3 Merchant Changes Coming?

The government confirmed UPI users will never pay transaction fees. But a quiet MDR policy shift for large merchants could change how some businesses accept UPI — and that could affect your everyday shopping experience.

Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
Government Schemes

EPFO Settles 8.3 Cr Claims: Is Your PF Safe?

EPFO settled over 8.3 crore PF claims in FY2025-26 and removed the cheque leaf upload rule for online claims, making withdrawals faster for 7 crore members. Here's what it means for your PF account.

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Government Schemes

PF Interest Taxable After ₹2.5L: Are You Affected?

Not all your PF interest is tax-free anymore. If your total EPF contribution crosses ₹2.5 lakh in a year, the interest earned on the extra amount gets added to your taxable income. Here's what that means for you.

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Government Schemes

PF Claim Stuck? Fix It Online in 5 Steps

If your EPFO claim is pending, your KYC is wrong, or your PF balance looks off, you don't have to wait forever. File a grievance online through EPFiGMS and track it — all from your phone.

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Government Schemes

EPFO Wage Ceiling May Hit ₹25,000: Your PF Changes?

The government may raise the EPFO wage ceiling from ₹15,000 to ₹25,000. This means more salaried workers get PF coverage, and your monthly PF deduction could go up — but so does your retirement savings.

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Government Schemes

EPFO Portal Error? Your Job Offer May Be at Risk

After EPFO's recent system upgrade, many members have overlapping or missing employment records on the portal. Employers checking your work history may see errors and delay or reject your hiring. Here's what you need to know and do.

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Government Schemes

EPF Claim Delayed? 5 Status Codes You Must Know

Filed an EPF withdrawal or transfer claim? EPFO's portal shows status messages that most people don't understand. Here's what each status means, how long settlement actually takes, and what to do if your claim is stuck.

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Government Schemes

Old PF Account Traced in 3 Steps: Claim Your Money

Millions of Indians switch jobs and forget old PF accounts. EPFO's Aadhaar-linked e-portal now lets you trace, transfer, or settle inoperative accounts online — no paperwork, no employer signatures needed.

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Government Schemes

Old PF Sitting Idle? Transfer It in 5 Steps

If you changed jobs and never transferred your old EPF balance, it may be sitting idle. Here's how to move all your PF money into one active account before it stops earning interest.

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Government Schemes

Lost Your UAN? Recover EPF in 4 Steps — Jul 2026

Millions of salaried Indians lose track of their UAN when switching jobs. Your EPF keeps earning 8.25% interest even then — here's how to find your UAN and reclaim your money fast.

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Government Schemes

Auto EPF Transfer: 5 Things to Check Before It Moves

EPFO now automatically transfers your PF balance when you change jobs. Sounds easy — but if your KYC, bank details, or UAN linkage are wrong, your money could get stuck or go to the wrong account.

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Government Schemes

EPF Withdrawal: Is Your PF Payout Tax-Free?

EPF withdrawals before 5 years of continuous service attract income tax. Knowing the rules around taxability, TDS deductions, and exemptions can help you avoid a nasty surprise when you actually need that money.

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Government Schemes

EPFO Drops Portal Login: Activate UAN in 4 Steps

EPFO has shut down UAN activation on its main website. New employees must now activate their UAN and generate it through the Umang app using Aadhaar-based face authentication — no OTP or password method allowed anymore.

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Government Schemes

Auto PF Transfer: 6 Mistakes Delaying Your Money

EPFO now auto-transfers your PF when you switch jobs — but only if your account details are clean. Six common errors can block the transfer and leave your retirement savings stuck for months.

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Government Schemes

No EPFO Photo? Your PF Claim Gets Rejected

EPFO members must upload a recent photo on the Unified Member Portal to complete e-nominations and file online PF claims. Without it, your claim or nominee registration stays incomplete — even if all other details are correct.

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Government Schemes

EPF 8.25% Credited: Did Your Balance Update?

EPFO is crediting 8.25% annual interest for FY 2025-26 into members' accounts. If you haven't checked your EPF balance recently, now is the time — use UMANG app, SMS, or the member portal to confirm your updated balance.

Wealth-Economic Times
Government Schemes

Job Switch? Your PF Transfers Auto in 3 Steps

EPFO has automated PF transfers for Aadhaar-linked UAN holders. When you switch jobs, your old PF balance moves to your new account without filling any forms — but only if your KYC is complete and your employer is EPFO-managed, not a private trust.

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Government Schemes

EPF 2025-26: Why Your 8.25% Interest Disappears?

EPFO calculates interest on your PF balance every single month, but only adds it to your account once the financial year ends. Until then, the money is earned but invisible — and if you withdraw early, you could lose months of interest.

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Government Schemes

Changed Jobs? Your PF Stays Frozen Until This Happens

Switching jobs doesn't move your PF automatically on Day 1. EPFO only triggers the transfer after your new employer makes their first contribution to your account. Until then, your old PF balance stays put — and many people don't even realise it.

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Government Schemes

Old Job PF Stuck? Auto-Transfer May Miss You

EPFO now auto-transfers PF when you switch jobs — but only if your UAN is Aadhaar-linked and active. If you changed jobs months or years ago without transferring, you likely need to do it manually yourself.

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Government Schemes

Lost Your Job? PF Full Withdrawal Now Takes 12 Months

Under the new EPF Scheme 2026, if you lose your job, you can withdraw only 75% of your PF balance immediately. To get the remaining 25%, you must wait 12 full months of unemployment. This is a big change from the older rules most people assumed still applied.

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Government Schemes

EPFO Amnesty 2026: Is Your PF Trust Legally Safe?

EPFO has launched a one-time Amnesty Scheme 2026 giving employers who run their own private PF trusts six months to fix legal irregularities — or risk losing their exempted status, which could affect your PF balance and withdrawals.

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Government Schemes

EPFO's 1 New Portal: Is Your PF Claim Faster?

EPFO has moved all its member data to a single centralised system called CITES. This means faster PF claims, easier transfers, and one digital portal for everything — no more running between offices or portals.

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Government Schemes

Changed Jobs? Transfer Your PF in 5 Easy Steps

EPFO's member portal now lets you transfer your old employer's PF balance to your new account online — no paperwork, no visits. Here's what you need to know to move your money before it goes dormant.

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Government Schemes

EPF Tax-Free? 3 Rules That Can Cost You

EPF is not always tax-free. If you withdraw early, switch jobs too often, or take a career break, your provident fund money can become taxable. Here's what every salaried employee must know before touching their PF.

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Government Schemes

EPFO Passbook Back: Your 8.25% Interest Is Loading

EPFO's passbook portal was down for about two weeks due to a database upgrade. It is now back online. Members should log in and verify their balance before the 8.25% annual interest gets credited to their accounts.

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Government Schemes

6 EPFO Changes: Is Your PF Working Harder Now?

EPFO has rolled out major reforms including a higher interest rate, faster auto-settlements, and a unified portal. Here is what every salaried employee needs to know to get the most from their provident fund.

Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News
Government Schemes

EPFO Revamp: 10 Changes That Affect Your PF Now

EPFO has overhauled its system with a central database. Big wins: PF transfers happen automatically when you change jobs, advance withdrawals up to ₹5 lakh settle on their own, and you can visit any PF office in India — not just your home office.

Wealth-Economic Times
Government Schemes

EPFO Auto PF Transfer: 3 Steps to Link Aadhaar Now

EPFO has removed the need to submit a separate fund transfer request when you change jobs — if your UAN is linked to Aadhaar, your PF moves automatically to your new employer's account.

Wealth-Economic Times

Government Schemes — Quick Answers

Which are the major Indian government financial schemes?
Key schemes include PMJDY (basic bank accounts), PMAY (housing), PMMY/MUDRA (small business loans), APY (pension for the unorganised sector), Sukanya Samriddhi (savings for girl children), and PMSBY/PMJJBY (low-cost insurance). Each targets a specific demographic or need.
How do I apply for a government scheme?
Most schemes accept applications through your bank branch, dedicated portals (like pmjay.gov.in or vidyalakshmi.co.in), or CSCs (Common Service Centres). You'll typically need Aadhaar, PAN, income proof, and scheme-specific documents like an SBI Sukanya account form or Vidya Lakshmi login.
Are government scheme benefits taxable?
It depends on the scheme. PPF and Sukanya Samriddhi interest is tax-free (EEE status). NPS follows partial exemption. Subsidy amounts under PMAY are generally not treated as income. Always check the current Income Tax Act and consult a CA for high-value benefits.
What is PMAY and who qualifies?
Pradhan Mantri Awas Yojana provides interest subsidy on home loans for economically weaker sections (EWS), lower income groups (LIG), and middle income groups (MIG). Eligibility depends on annual household income and whether you own a pucca house. Subsidy is credited upfront to reduce your home loan principal.

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