Finance Minister: HR News, Trends & Workplace Insights

Latest Finance Minister HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Finance Minister.

Updated on: Sep 2026
Bank employees family pension to be increased to 30% of last pay drawn
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Bank employees family pension to be increased to 30% of last pay drawn

In a bid to provide relief to families of bank employees, the Government of India has approved the Indian Banks’ Association’s (IBA) proposal to increase the family pension to 30% of the last salary drawn. This move would make family pension go up to as much as Rs 30,000 to Rs 35,000 per family of bank […]

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Provident Fund: Govt raises threshold limit to 5 lakh for tax-free interest
EPFO

Provident Fund: Govt raises threshold limit to 5 lakh for tax-free interest

Provident Fund: Govt raises threshold limit to 5 lakh for tax-free interest Finance Minister Nirmala Sitharaman on Tuesday raised the limit for tax exemption on interest earned on provident fund contribution by employees to Rs 5 lakh per annum in specified cases as against Rs 2.5 lakh proposed in the Budget. In her Budget for […]

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Higher EPF contribution to be taxable from April 1, but…?
EPFO

Higher EPF contribution to be taxable from April 1, but…?

Higher EPF contribution to be taxable from April 1, but…? Union Finance minister Nirmala Sitharaman had announced in the Budget 2021-22 that interest earned on individual PF contributions over Rs 2.5 lakh in a financial year will be taxable from the next financial year. The move is set to impact people with high incomes and […]

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