PayRelax

04/09/2026

29/08/2026

When you Left your Job

06/08/2026

https://www.msn.com/en-in/money/economy/epfo-claim-delays-expert-it-staff-shortage-flagged-by-officers-body-seeks-govt-intervention/ar-AA29w0jc?ocid=winp2fptaskbarhover&cvid=46729d4bc2d448c99f8c20af7d47ba9f&ei=7

EPFO officers have raised concerns over the backlog of auto claims that have been pending for over twenty days. The newly introduced IT system, CITES, has encountered significant implementation delays. Since 2008, staffing levels have remained stagnant, adversely affecting service quality. Officers....

03/08/2026

EPFO Big Update: Major news has emerged regarding the EPFO ​​(Employees' Provident Fund Organisation). The Ministry of Finance has approved a proposal to raise the wage ceiling under the EPF scheme from ₹15,000 to ₹25,000 per month. This move will bring more employees earning up to ₹25,000 monthly under the ambit of the EPF and pension schemes. However, this change has not yet been implemented; approval from the Union Cabinet is still required before it comes into effect.

20/07/2026

The countdown has begun. July 31 is your final deadline to file your Income Tax Return and disclose any foreign assets or income in Schedule FA/FSI.

Think a small delay won’t matter? Here’s the reality:

Filing late isn’t just about paying a fee. Here’s what delay really means:

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₹10 lakh penalty

for not reporting foreign assets correctly under the Black Money Act

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30% additional tax + penalty (3x the tax)

if foreign income is not reported correctly

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Refund delays

late filing pushes your money further away
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Higher scrutiny risk

Late or incorrect returns often trigger ITD notices

09/07/2026

https://hindi.news18.com/news/business/latest-epfo-new-rule-for-entire-money-can-withdrawal-from-pf-account-only-after-12-month-10641493.html

PF Withdrawal Rule : कर्मचारी भविष्य निधि संगठन ने नौकरी जाने या इस्तीफा देने के बाद पीएफ खाते से पैसे निकालने के नियमों में बद....

17/06/2026

EPFO has issued a major clarification to prevent financial hardship to members.

🚫 What was happening earlier?
PF final settlement claims were being rejected if:
• Employers had not remitted contributions for some periods ❌
• Previous PF account balances/past accumulations were not transferred ❌

📖 What does the new circular say?
✔️ As per Para 10.11 of the Manual of Accounting Procedure (Part-IIA), such claims must not be rejected.
✔️ Claims should be processed for part payment of the available PF balance.
✔️ Once pending contributions or transfer-in amounts are received, the remaining balance must be paid immediately.

💡 Why is this important?
Members will not face unnecessary financial distress during the final settlement. They will at least get their available PF amount, instead of the claim being rejected outright.