The EPF interest rate can be credited into the accounts of over six crore subscribers of the EPFO for a particular financial year only after the finance ministry's nod

India's new unemployment allowance plan for lockdown-induced job loss would benefit a small fraction of organised workers; the new social security code in the works aims to expand social security to 100 million organised workers but contains no concrete plan for 437 million unorganised workers

Getting the basics right holds the key. This would involve first acknowledging that a large population has lost incomes, savings and jobs and second, consumption drives the economic growth which had already been weakened even before the pandemic hit

In wake of the 21-day lockdown, the government has extended the deadline for filing income tax returns for the FY 2018-2019 to June 30

The Labour Ministry's move to lower interest rate on employee provident fund (EPF) will affect the PF deposits of over 6 crore active subscribers

The  decision making body of Employees' Provident Fund Organisation (EPFO) - Central Board of Trustees - is likely to consider the rate of interest on EPF deposits in its meeting scheduled on March 5, 2020

EPFO interest rate: If rates are cut, then employees would earn lower returns for the financial year ending March 31, 2020

Only 25 per cent of the productivity linked bonus amount will be credited to the EPFO employee's salary account while the remaining 75 per cent will be saved into the PF account of the employees

PM Modi gets Global Goalkeeper Award for Swachch Bharat AbhiyanPrime Minister Narendra Modi, after receiving the prestigious Global Goalkeeper Award conferred by the Bill and Melinda Gates Foundation, said he would like to dedicate the award to \"130 crore people of India\". He said it was very important for him to be given this award on the 150 birth anniversary of Mahatma Gandhi.Flipkart Big Billion Days Sale: E-commerce giant creates 50,000 new jobs ahead of festive seasonIndia's...

After the decision, Rs 54,000 crore would be credited into accounts of 6 crore EPF account holders as interest under the newly approved rate for 2018-19

At present, the Employees' Provident Fund Organisation is settling PF withdrawal claims at a five-year low rate of 8.55 per cent, which was approved for 2017-18

The EPFO has been settling EPF withdrawal claims at 8.55 per cent interest rate, approved for 2017-18

The labour ministry has distributed a preliminary draft of Code on Social Security, 2019 which will amalgamate, streamline and rationalise the significant provisions of the current eight central labour laws and set up a central board of trustees to manage all three (provident fund, pension and insurance) schemes.

At present, the Employees' Provident Fund Organisation (EPFO) is settling PF withdrawal claims at a five-year low rate of 8.55 per cent, which was approved for 2017-18

The Employees Provident Fund and Miscellaneous Provisions Act, 1952, will come into effect in the recently bifurcated Union Territories of Jammu and Kashmir, and Ladakh from October 31. The process is expected to add around 3 lakh subscribers to the EPFO, as it takes over the state PF corpus.

The EPFO is currently paying an interest rate of 8.55% for 2018-19 under PF withdrawal claims

Irrespective of their ideological persuasions, trade unions strongly contest several reform proposals that the industry thinks are progressive but will the government bite the bullet this time?