02/07/2026
🚨 HR & PAYROLL ALERT | 2 IMPORTANT UPDATES YOU SHOULD KNOW 🚨
As we begin the new month, here are two important updates for HR, Payroll, Employers, and Compliance Professionals:
1️⃣ EPF Interest Rate for FY 2025–26 Confirmed
The Employees' Provident Fund (EPF) interest rate has been fixed at 8.25% per annum for the financial year 2025–26.
✅ Applicable to EPF contributions for FY 2025–26.
This ensures continued growth of retirement savings for millions of EPF members across India.
━━━━━━━━━━━━━━━━━━
2️⃣ West Bengal Public Holiday – 6 July 2026
The Government of West Bengal has declared:
📅 6 July 2026 (Monday)
as a Public Holiday on the occasion of the 125th Birth Anniversary of Dr. Syama Prasad Mookerjee.
👉 Employers operating in West Bengal should review:
- Employee duty rosters
- Payroll processing
- Attendance schedules
- Holiday compliance
━━━━━━━━━━━━━━━━━━
💡 Employer Action Points
✔ Ensure payroll teams are aware of the confirmed EPF interest rate.
✔ Update work schedules and holiday calendars for West Bengal establishments.
✔ Communicate the holiday to employees well in advance.
Staying updated with statutory notifications helps organizations remain compliant and ensures smooth payroll and HR operations.
📩 Need the official notification?
Comment "NOTIFICATION" or DM me, and I'll be happy to share the official copy.
⚠️ Disclaimer: This post is for informational purposes only. Please refer to the respective official notifications before taking any compliance-related action.
