Tag: Employees
EPFO, ESIC subscribers may soon use claim amounts via e-wallets: Labour secy
Subscribers of retirement fund body EPFO and Employees’ State Insurance Corporation may soon be able to use the claim settlement amounts through e-wallets, a top…
EPFO extends deadline for employers to upload pending pension applications until January 31, 2025
New Delhi: The Employees’ Provident Fund Organisation (EPFO) has granted a final extension for employers to process and upload pending applications for the Validation of…
Plans afoot to bring EPFO service at par with banking, says top official
Subscribers of the retirement fund body EPFO may soon be able to get services at par with banking system and use ATMs to withdraw their…
You can withdraw PF directly from ATMs starting next year: Labour Secretary
The Labour Ministry is upgrading its IT systems for enhanced services to India’s workforce. EPFO subscribers will be able to withdraw from their provident funds…
Inoperative EPF accounts’ total amount up 5 fold to Rs 8,505 cr in 6 years
The total amount in inoperative employees’ provident fund (EPF) has jumped over five fold to Rs 8,505.23 crore in financial year 2023-24 from Rs 1,638.37…
EPFO Board will meet on November 23 to approve Central Pension Payment System
The central board of trustees of the Employees’ Provident Fund Organisation (EPFO) will hold its first meeting of the current financial year on November 23…
DA hiked by 3% for all central government employees ahead of Diwali celebrations
Oct 16, 2024 02:16 PM IST The Dearness Allowance (DA) for all central government employees has been hiked by 3%, bringing it to 53% of…
EPFO announces Productivity Linked Bonus for eligible employees; check who can take advance on PLB
The Employees’ Provident Fund Organization (EPFO) has announced an advance payment of the Productivity Linked Bonus (PLB) for eligible employees for the year 2023-24. Advance…
Refund provision likely to be removed under ELI schemes
The government could remove onerous provision such as refund of subsidy proposed on employers if the beneficiary employee quits the job within one year of…
Reserve Bank of India: Labour-intensive industries need to be promoted to generate more jobs: Raghuram Rajan
Reserve Bank of India’s former governor Raghuram Rajan said that India was creating enough jobs as reflected by the number of applicants for vacant posts…