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Corporate Compliance 6 September 2026

New Wage Code Boosts Govt Bonuses & PF Updates

The 8th Pay Commission’s recent Code on Wages notification could raise bonus calculations for central government staff, while the EPF interest rate stays at 8.25% for FY 2025‑26. EPFO urges completion of key PF tasks by Dec 28, warns of 9,330 crore in unclaimed accounts, and new small‑savings rates are pending. Rajasthan extends surrogate maternity leave to 180 days, and market outlook points to volatility ahead of global cues.
  • Bonus boost: A new notification under the Code on Wages 2019 may increase bonus calculations for central government employees. (NewsBytes)
  • Minimum wage call: The All India NPS Employees Federation urges a higher minimum wage for bonus calculations. (NewsBytes)
  • EPF interest: The Employees’ Provident Fund continues at 8.25% per annum for FY 2025‑26. (Mint)
  • Small‑savings rates: New rates for PPF, SCSS and other schemes are expected around 30 Sept 2026. (IndianPayCalculator)
  • PF task deadline: EPFO mandates essential PF tasks be completed by 28 Dec to protect retirement funds. (Zoom News)
  • Unclaimed PF: About ₹9,330 crore sit idle in inactive PF accounts; owners must activate their UAN to claim. (IndianPayCalculator)
  • Maternity leave: Rajasthan grants 180 days leave to surrogate mothers and 90 days to commissioning mothers. (Free Press Journal)
  • Market outlook: Sensex and Nifty may see volatility next week due to oil prices, US yields and foreign fund flows. (Good Returns)
  • RTI challenges: Rural Jharkhand faces delays and appeals under the RTI Act 2005, impacting workers’ rights. (Legal Service India)

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New Wage Code Boosts Govt Bonuses & PF Updates | Legal Suvidha