·Millions of people lost their jobs due to the Corona epidemic and lockdown, facing severe financial crisis. · The money of the Employee Provident Fund is their last hope and…
On Monday, Ministry of Labour and Employment, announced a revision in the rate of provident fund contribution. Now, employees and employers, have to pay 10% of their salaries to the…
KOLKATA: On Wednesday, Finance Minister, Nirmala Sitharaman, announced a bevy of financial measures to provide relief to the cash-strapped Indian non banking sector. A day after Prime Minister Narendra Modi…
This move of the union government is expected to boost the falling domestic consumption rate as the employees will have more as take-home salary to spend.
The Ministry of Labour and Employment has recently conducted a meeting where it discussed and notified that lawyers, chartered accountants and architects as well as short-term contractual companies such as…
The central Board of Employees provident Fund Organisation(EPFO) has advised for a hike in the interest rate of Employees provident fund(EPF) to 8.65% for fiscal 2018-19, a notch higher then…
Prime Minister’s Employment Generation Programme (PMEGP), Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), and Deen Dayal Antodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) are the three central schemes that have topped…
As many as 44,74,859 jobs were created during the months September 2017 to April 2018, as per the payroll data released by retirement fund body Employees’ Provident Fund Organisation (EFPO).…
India added 472,075 employees to the state-run social security fund in February, after adding 604,557 in January, new data on payrolls released on Wednesday showed, giving a guide to how…
Labour Ministry has clarified that employees can now use upto 90% of EPF amount to buy home or pay the down payment.
