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BusinessToday.In
November 17, 2020
The Employees' Provident Fund Organisation (EPFO) data showed that around 20 lakh jobs were lost in the initial months of the coronavirus pandemic, thus, the government is targeting 50-60 lakh jobs by June 2021


Joe C Mathew
November 12, 2020
\"Most of the benefits announced today are for large corporate and foreign incoming companies to attract fresh investments. Ground level issues and problems at delivery points in the existing schemes and packages have not been recognised and resolved,\" says KE Raghunathan, convenor, Consortium of Indian Association


BusinessToday.In
November 6, 2020
As per the norms, the maximum allotted bonus would be Rs 6,908 per employee. While 25 per cent of the bonus will be given in cash, 75 per cent will be added to the Provident Fund


BusinessToday.In
October 10, 2020
The decision to divide the 8.5 per cent interest in two instalments was taken due to market volatility that affected the EPFO's income from equity investments


Prasanna Mohanty
October 6, 2020
Part II of this two-part article looks at more data on the growth of temporary or informal workers in India and how it poses a serious threat not just to the wellbeing of millions of its workers but to the growth prospects of the economy in the long run


Prasanna Mohanty
September 27, 2020
New labour codes severely reduce workers' security by increasing key thresholds for applicability of most protections; contractual employment has been expanded to add to workers' precarity and social protections for unorganised workers are vague


Aprajita Sharma
September 22, 2020
Soon after the spread of coronavirus, FM Sitharaman, in a relief to the employees and employers, reduced the mandatory monthly EPF contribution to 10 per cent of the basic salary from 12 per cent for the months of May, June and July


PTI
September 21, 2020
Earlier in July, provisional data had showed net new enrolments for the month April at 1 lakh which were revised down to 20,164 in August


BusinessToday.In
September 15, 2020
Of the 10.4 million salaried employees who withdrew their retirement savings in this period, at least 8.2 million were those who earn less than Rs 15,000 per month


BusinessToday.In
September 9, 2020
The EPFO has decided to provide 8.15 per cent interest on EPF right away and the remaining 0.35 per cent rate would be credited into the subscribers' account by the end of this year, after proposed liquidation of ETFs


PTI
September 8, 2020
Notably, 55 per cent of advance claims settled during April-August 2020 were related to the recently introduced COVID-19 advance, while around 31 per cent of advances settled during the period pertained to illness claims


BusinessToday.In
September 7, 2020
Over 33,000 employees at TCS, availed themselves of COVID-19 advances totalling Rs 1.5 crore during the said period, data shared by the Employees' Provident Fund Organisation (EPFO) showed


PTI
September 4, 2020
For those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting, continued health coverage, parental insurance, and extension of OYO exigency fund


Prasanna Mohanty
August 30, 2020
Developed economies have sound, fiscally-supported systems to respond to workers' distress in normal times, which they scaled up several notches with higher fiscal support to fight the current crisis. India doesn't have such a system nor did it rise up to the crisis; it isn't even tracking job loss


Prasanna Mohanty
August 18, 2020
Without quality education, no economy can progress, at least not in today's technology and knowledge-driven globalised world order. Economists and policymakers know this well yet pay no attention


BusinessToday.In
July 28, 2020
The salary cuts, job losses and medical expenses incurred due to COVID-19 pandemic explain the significant increase in EPFO withdrawals by retirement fund's subscribers


Prasanna Mohanty
July 16, 2020
For years, job crisis has remained unacknowledged and un-remedied; the COVID-19 pandemic worsened it, but the government has no information on job loss or policy response to it, except for a few relief measures


BusinessToday.In
July 10, 2020
Dubey is one of the main accused in the Kanpur encounter that claimed the lives pf 8 UP police cops. He was arrested from a temple in Ujjain, MP,  yesterday where he was identified by a security guard at the shrine


BusinessToday.In
July 4, 2020
He used to delete the messages sent by the bank informing them of the debited money


Naveen Kumar
June 25, 2020
After the announcement of the lockdown, the government anticipating cashflow problems of salaried employee allowed them to get funds from their EPF balance


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