The PFRDA has revised NPS investment rules effective May 13, 2026, allowing pension funds to invest in rupee-denominated bonds issued by the New Development Bank. Until now, such foreign-bond options were limited to issuers like IBRD, IFC and ADB. Credit rating and maturity conditions remain largely unchanged, widening choices for both government and private NPS.
EPFO 3.0 is expected to let subscribers withdraw PF advances via UPI and ATMs by end of May 2026, cutting settlement delays from weeks to seconds. The upgrade is pitched as “instant” credit, but withdrawals through these digital channels will be capped at 50% and a 25% balance retention rule will still apply. EPFO says 95% of claims are already automated.
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Salaried workers are bracing for changes as India’s new labour codes and income tax rules approach implementation. While companies are planning new pay structures, rollouts are delayed until final government notifications. A move toward a fixed-heavy salary mix and higher basic pay could lower current take-home while improving retirement savings over time.
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