The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a wage ceiling hike from Rs 15,000 to Rs 25,000 for deductions towards EPFO schemes, bringing 5.1 million additional employees mandatorily under the coverage
Seven in 10 urban Indians want to retire before 58-60, but the average retirement corpus is just 28 per cent of their target, highlighting the gap between early-retirement aspirations and financial readiness, according to the findings of the Bharosa Talks India Retirement Index Study (IRIS 6.0)
The increase in the EPFO wage hike is estimated to bring 5.10 million more employees under the EPFO’s social security umbrella, but it would also mean lower in-hand salary for employees and a possibly higher pension
The proceedings dropped by Sebi in its latest order originated from a show cause notice (SCN) issued in October 2024. The notice was issued following a probe into share transactions between Max Financial, Max Life, and Axis Bank between the financial year 2009 to 2022
A relocation or career switch can quietly alter medical costs, employer benefits, and family protection, leaving gaps in policies that once appeared adequate for their needs
PM-SYM subscribers who have missed contributions can reactivate inactive accounts within three years by paying pending dues and interest
The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) covers more than 1,900 procedures for treatment. However, the funds allocated for cancer treatment under the scheme are less than required. The FinCan study suggests that including early diagnosis of the disease under the scheme could reduce fund requirements and save more lives
