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Total 417 results found. Search for
[ Employee Provident Fund ]
Results 1 to 21 of 417
How EPF interest is calculated: All you need to know
BusinessToday.In
March 4, 2021
While the EPF contribution is deposited every month, the interest is calculated at the end of the year.
HRA, LTA, EPF, NPS: Know your salary structure to save taxes
Aprajita Sharma
February 22, 2021
You can save up to Rs 24,000 in taxes if you avail of food coupons, a non-taxable salary component. All you need is knowing your salary structure better and accordingly plan your taxes
Four mid-sized state-run banks shorlisted for privatisation
Rashi Bisaria
New Delhi, February 16, 2021
Revival in job market: January sees 50% rise in vacancies over December Vaccination drive against COVID-19 and improving economic indicators has enthused employers to recruit. This was evident in a survey which showed job openings increased almost 50 per cent in January as compared to December. Vacancies in January rose to 265,000 from 180,000 in December, according to Xpheno's Active Job Outlook survey. COVID-19 vaccine: Russia's Sputnik V may be approved by India in next few weeks Ind...
New labour codes to affect employees' in-hand salary, companies wage bill
BusinessToday.In
February 15, 2021
While the new definition of wages will increase the social security component of compensation packages, it could also mean lesser take-home salary for employees
Ease of Compliance
Aprajita Sharma
New Delhi, February 5, 2021
Income-tax slabs unchanged, but small taxpayers will enjoy procedural relief in filing ITR and resolution of disputes; High-income earners may feel the pinch though
Budget 2021: 6 income tax changes taxpayers should know about
BusinessToday.In
February 1, 2021
The time-limit for re-opening of assessment is being reduced to 3 years. Originally this was six years. Re-opening of assessment up to ten years will be allowed only if there is evidence of undisclosed income of Rs 50 lakh (or more) for a year
Interest on EPF contribution above Rs 2.5 lakh to be taxable -- what it means for you
Aprajita Sharma
February 1, 2021
Union budget 2021: With this, EPF contribution no longer enjoys the Exempt-Exempt-Exempt (EEE) status, albeit for high income employees
A Greater Sense of Urgency for Reforms
Rajiv Kumar
New Delhi, January 21, 2021
The pandemic has brought a realisation that we need greater public health infrastructure so that we are ready for any calamity of this order in the future
Air India employees seek extension of PF benefits, medical schemes in case of privatisation
BusinessToday.In
December 27, 2020
Air India Employees Union said the existing medical scheme in Air India should be continued as it is for serving and retired employees
New wage code: Why govt's new compensation rules are a hasty composition
Atul Gupta
December 16, 2020
While the coming few months will show what shape the final codes and underlying rules will take, the government could certainly have taken a more progressive approach to the new definition of wages, to better address ambiguities and legal uncertainties resulting in fewer disputes and litigation
New Wage Code: How your salary structure will change
Saraswathi Kasturirangan
December 11, 2020
Currently, most employers have a wage structure in which the basic salary ranges from 25% to 40% of the CTC of the employee, and this forms the basis for both provident fund and gratuity contributions
Cabinet approves Atmanirbhar Bharat Rozgar Yojana; to cost Rs 1,584 crore this year
BusinessToday.In
December 9, 2020
The Atmanirbhar Bharat Rozgar Yojana scheme, which aims to create more formal jobs, to benefit around 58.5 lakh employees, says minister
Wage Code 2019: Expect cut in take-home salary; gratuity, PF to rise
Sonal Khetarpal
December 9, 2020
The new wage definition is an attempt to simplify the various regulations related to wages with the promise of easier implementation. However, India Inc still awaits the details. The Bill is anticipated to get enforced by April 2021
Job loss during COVID-19 crisis: Govt to provide EPF subsidy to 4 million workers
BusinessToday.In
November 21, 2020
Under the Atmanirbhar Bharat Rozgar Yojana to incentivise formal sector job creation, the government will deposit full EPF contribution of workers who are hired between October 2020 and June 2021
Atma Nirbhar Bharat Rozgar Yojana: Govt aims to create 50-60 lakh jobs by June 2021
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
Social Security Code: Govt notifies draft rules, seeks suggestions in 45 days
BusinessToday.In
November 15, 2020
The labour ministry had gathered inputs over the next 45 days from the date of notification, following which the final rules will now be notified
Atmanirbhar Bharat Rozgar Yojana: Centre likely to move cabinet note in next 15 days
BusinessToday.In
November 14, 2020
The labour ministry will move the cabinet note in the next 15 days and has begun working on framing the rules for the job programme that will be issued soon after the note is moved
Diwali stimulus! Centre may announce benefits worth $20 billion for stressed sectors
BusinessToday.In
November 12, 2020
Centre may come up with subsidised credit scheme for stressed sectors, including hospitality, aviation, automobile and textiles. Some sectors may even get credit without any collateral, with govt acting as a guarantor
Diwali gift! Nearly 15 lakh UP govt employees to be given one-month bonus
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
Rebooting Economy 35: Is fixed term employment a boon or bane for India's workforce?
Prasanna Mohanty
October 12, 2020
The economic crisis following the pandemic and untimely national lockdown have been used by both the central and state governments to push through unilateral measures that undermine workers' interest by dismantling critical protections
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Indian wearables market registers 144% YoY growth to 36.4 million units in 2020: IDC
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