EMPLOYEES PROVIDENT FUND SCHEME

View: New labour laws will improve India's ease of doing business ranking

The four Labour Codes provide greater autonomy to the employers. The threshold for firm size applicable under most acts has been revised up...

Draft scheme to provide jobs to 25 youth in every tribal village: Gadkari to officials

The minister for Micro, Small and Medium Enterprises (MSME) and Road Transport & Highways said five crore jobs should be created by the MSM...

Delhi govt will provide Rs 938 crore to civic bodies to pay up salaries of employees: Manish Sisodia

At a press conference, Sisodia claimed that the Delhi government does not have any obligation to provide funds to the civic bodies but it d...

ESIC too may be allowed to invest 15% of corpus in mutual funds, stocks

The ESIC corpus currently stands at over ₹90,000 crore. Of this, over ₹23,000 crore is earmarked as reserve fund, while the rest is investe...

EPFO settled close to 150 lakh claims during this fiscal, disbursing over Rs five lakh crore

As per the statement, EPFO has settled 47.58 lakh COVID-19 advance claims till October 31, 2020, disbursing an amount of Rs 12,220.26 crore...

Labour Min decides to notify 8.5pc interest on EPF for 2019-20, gets FinMin nod

Now the interest rate would be officially notified in the government gazette following which the EPFO headquarter would give directions for...

EPS pension: Here's how to calculate it

A member of the Employees Provident Fund Organisation is eligible to receive a pension provided he/she has completed a minimum of 10 years ...

Industry bodies to press for holding back new wage definition in meeting with govt on Dec 24

"The representatives of CII and FICCI among other industry bodies would meet union labour ministry top brass on December 24, 2020 to discus...

EPFO likely to credit 8.5 percent interest on EPF for 2019-20 by December

Earlier in September this year, the Employees Provident Fund Organisation had decided to split 8.5 per cent interest into two installments ...

EPFO likely to credit 8.5 percent interest on EPF for 2019-20 by December

Earlier in September this year, the Employees Provident Fund Organisation had decided to split 8.5 per cent interest into two installments ...

Centre revamps job survey to include informal sector, small establishments

The labour bureau, under the labour and employment ministry, will move a proposal within two weeks seeking approval to kickstart the exerci...

"He was a visionary and a pioneer, always willing to challenge the status quo, and a loving husband, father, grandfather and great-grandfat...

FM announces Atma Nirbhar Bharat Rozgar Yojana to incentivise job creation

Establishments with less than 50 employees must recruit at least two new employees and organisations with more than 50 employees must emplo...

EPFO records 10.05 lakh new enrolments in August

Latest data released on Tuesday showed that net new enrolments in April were in the negative zone at (-) 1,04,608 against the figure of (-)...

Employees Provident Fund Organisation services most accessed on UMANG app

Adding to the 16 services already on the UMANG app, EPFO has now started another facility, enabling EPS (employees' pension scheme) members...

Recovery in formal job market pushes EPFO enrolments to 8.45 lakh in July

The payroll data, released by the ministry of statistics and programme implementation on Friday, shows the members exiting the EPFO scheme ...

Reserve Bank to offer employees option to switch from CPF scheme to pension scheme

“This will be the last such option given to eligible serving/retired employee/ family members of deceased employees to switch over from CPF...