Other trade unions also agree on the suggestion to define wages under the Code on Wages in such a way that the Employees' Provident Fund (EPF) is deducted on the entire gross pay of a worker covered under the social security
Ease of Doing Business for MSMEs: Businesses having up to 100 employees and 90 per cent of them earning less than Rs 15,000 per month would be able to avail this benefit.
EPF Rules 2020: Out of a total workforce of 840 employees, Pawan Hans, a government-owned aviation company, had engaged 570 employees on a regular basis, while 270 employees were engaged on ‘contractual’ basis.
EPF rules 2020: As per current rules, employees of an establishment, which doesn't have 20 or more employees, can still join the Employee Provident Fund scheme voluntarily.
Where is EPF money invested: The Employees’ Provident Fund Organization (EPFO) invests in Exchange Traded Funds (ETFs) based on Nifty 50, Sensex, Central Public Sector Enterprises (CPSEs) and Bharat 22 Indices.
Employers cannot escape from the responsibility of depositing PF contributions of employees timely. Also, the employer can't be exonerated even when it deposits the contributions after a complaint of delay is already filed.
Provident Fund, Pension for Exempted Establishment: Is an employee of an exempted establishment entitled to higher pension based on his contribution towards Provident Fund, made on the actual salary, over and above the ceilin
Employee Provident Fund Organisation (EPFO) has warned Provident Fund account holders against sharing personal details like Aadhaar, PAN, Bank details etc over phone.
Employees' Provident Fund (EPF) to National Pension System (NPS) transfer law: The government is set to simplify the laws affecting employees through a new Code on Social Security 2019.
Employee Provident Fund (EPF) rules amendment 2019: The government is planning to amend certain sections of The Employees' Provident Funds And Miscellaneous Provisions Act, 1952 to bring more clarity to the law.
EPS to National Pension System transfer proposal: Government's draft 'The Employees’ Provident Funds and Miscellaneous Provisions (Amendment) Bill, 2019'proposes to provide employees an option to switch between EPS and NPS.
Provident Fund interest calculation: Over six crore account holders of Employee Provident Fund Organisation (EPFO) will get interest amount at 8.65 per cent credited to their account ahead of the festival season
Provident Fund Withdrawal Process Online 2019: Gone are the days when cumbersome paperwork troubled EPF members trying to withdraw from their Provident Fund account.
Caught off guard by sudden eruption of violence during the garment workers' protest over the Provident Fund issue, authorities have deployed central forces in the city and clamped prohibitory orders.
Buckling under protests and street violence in Bengaluru, the government today rolled back its order tightening rules for withdrawal of provident fund money...