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Government Schemes News India

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

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Government Schemes

EPFO Vishwas 2026: Settle PF Dues by Dec 28

EPFO has launched a one-time settlement scheme called Vishwas 2026 for employers with pending or disputed PF contributions. It offers reduced or waived damages if dues are cleared before December 28, 2026. Employees should check if their PF deposits are up to date.

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

EPF Before 5 Years? Your Withdrawal Gets Taxed

Withdrawing your EPF before completing 5 years of service can trigger income tax and 10% TDS deduction. But there are real exemptions — illness, employer shutdown, job transfer — that can save your money if you know the rules.

taxguruin
Government Schemes

EPFO 2026 Campaign: Is Your PF Missing 17 Years?

EPFO has launched a special one-time campaign letting employers declare workers who were left out of EPF coverage between April 2009 and March 2026. If your employer skipped enrolling you, this is your chance to get those years counted before October 2026.

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

EPF Gone Inactive? Your Interest Stops at 58

Your EPF account can become inoperative and stop earning interest in certain situations — especially after retirement age. Knowing the rules helps you avoid silently losing years of interest on your hard-earned savings.

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Government Schemes

Fake Gold Scheme? 5 Signs a Govt Offer Is a Scam

Viral videos claiming PM Modi announced free gold for Aadhaar holders are fake. PIB Fact Check has confirmed no such scheme exists. Here's how to spot these scams before they steal your money or data.

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Government Schemes

21 Lakh EPF Accounts Frozen: Is Your PF Lost?

Over 21 lakh EPF accounts holding ₹8,500 crore are inactive because workers never claimed their money after changing or leaving jobs. Here's how to check if yours is one of them and what to do now.

mint - money
Government Schemes

EPFO Eases PF Rules: Access 75% in Emergencies?

EPFO has simplified partial withdrawal rules for members facing emergencies like job loss, medical crises, or education needs. You can now access a larger chunk of your PF faster, with less paperwork and fewer conditions.

mint - money
Government Schemes

₹30,000 Min Wage Push: How Your EPF & Pay Change?

A major trade union is demanding ₹30,000 minimum monthly wage, higher EPF wage ceiling, and better pensions before an August 17 strike. If accepted, it could change how much you and your employer contribute to EPF — and what pension you eventually receive.

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Government Schemes

EPF Membership: 5 Rules Your Employer Won't Tell You

If your basic salary is ₹15,000 or less, your employer must enrol you in EPF by law. But many workers miss out due to ignorance or employer non-compliance. Here's everything you need to know about joining, contributing, and protecting your EPF account.

mint - money
Government Schemes

EPF Account Frozen? ₹40,000 May Be Stuck

Over 21 lakh EPF accounts are inoperative with an average balance of ₹40,000 each. If you changed jobs and never transferred or claimed your PF, your money could be stuck. Here's how to check and fix it fast.

Wealth-Economic Times
Government Schemes

AI Deepfake Scam: Is Your ₹22,000 Already Gone?

Fake Facebook ads using AI deepfakes of Finance Minister Nirmala Sitharaman promise ₹5.5 lakh weekly returns on a ₹22,000 investment. PIB has officially called it a scam. No such government scheme exists. Do not click, invest, or share.

Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance 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 — 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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