India rolls out higher bus fares and loosens EPF withdrawal rules

Effective June 6, India’s National Transport Committee approved a revision of bus fares, increasing minimum fares from 30 rupees to 34 rupees and maximum fares from 2,422 rupees to 2,902 rupees, with 12%‑20% hikes across categories. The new rates apply to regular, deluxe, and fast‑track highway services, and operators have been instructed to update ticket‑issuing machines. Violations of the approved fares will attract strict legal action.

On June 29, 2026, a revised Employees’ Provident Fund (EPF) scheme took effect, requiring a minimum balance of 25% to remain in members’ accounts while allowing withdrawals of up to 100% of the eligible 75% balance for five defined purposes, including housing, medical treatment, education, marriage and financial emergencies. Members must have completed a 12‑month EPF membership to qualify, and the scheme streamlines documentation for online applications.