THE EMPLOYEES PROVIDENT FUND

EPFO added 10.11 lakh subscribers in November 2020

Age-wise analysis of the data indicates those in the 22-25 year age bracket has registered highest growth in subscriber base with around 2....

BMS asks govt to bring contract workers in smaller firms under the purview of labour codes

“BMS strongly objected to the exclusion of contract labour from the purview of Labour Codes up to 50 workers. Codes should provide for thei...

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...

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...

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...

EPFO dismisses reports about fall in number of subscribers, contributing firms in October

The EPFO has emphasised that the dataset published regarding contributory members and establishments does not match with the official data ...

Aggregators may give 1-2% of turnover or 5% of wages to social security fund

The code, which aims to provide universal social security to 450 million workers, over 90% of whom are in the unorganised sector, is expect...

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 ...