The policies that contributed to formalisation include the introduction of the GST, demonetisation, EPF and ESIC reforms, Skill India initiatives, Fixed Term Contract Reform, as well as the Maternity Benefit reform.

This is the first time in the history when a non-Congress government has returned to power with absolute majority

The interest rate on EPF was hiked to 8.65 per cent for the last fiscal from 8.55 per cent provided in 2017-18

The list by Ministry of Corporate Affairs shows major investment banks, tech companies, pharmaceutical firms and airlines afffected by the IL&FS toxic bonds

The Supreme Court recently directed EPFO to give pension to all retiring employees on the basis of their full salary. But while this means that private sector employees will see their pension shoot up, there are several factors that determine whether the new option is really an advantage or not

EPFO update: On April 1, the Supreme Court ruled that the EPFO has to give pension to all retiring employees on the basis of their full salary rather than capping the figure on which contribution is calculated at a maximum of Rs 15,000 per month

Even central ministers who had cited EPFO data openly to indicate job creation by the Modi government had been left red-faced after aggregate jobs declined over the past four months.

RBI warned govt about DeMo hours before PM Modi's 8 pm announcement, hiring activity sees 16 per cent growth in February, EPF transfers on job change to be automated from next year and other news on News Blast

RBI warned govt about DeMo hours before PM Modi's 8 pm announcementHours before Prime Minister Narendra Modi announced demonetisation, removing Rs 500 and Rs 1,000 notes, the Reserve Bank of India (RBI) had warned that banning high-value cash was unlikely to have any substantial impact on tackling the black money menace. This was according to minutes of the meeting revealed by the RBI in an RTI reply. Hiring activity sees 16 per cent growth in February, says report Hiring activities...

\"The EPFO is testing the automation of EPF transfer on changing jobs on pilot basis. The facility for all subscribers is expected to be launched any time next year,\" a senior labour ministry official said.

On International Women's Day, here are a few tips to help single mothers, unmarried women and divorcees reach financial stability.

How does EPF fare against National Pension Scheme (NPS), which has recently become more tax efficient?

The apex court in its judgement has ruled that special allowance is part of the basic wages for computing the employees provident fund.

India will stop its share of Indus water to Pakistan, says Nitin Gadkari, RBI Governor Shaktikanta Das meets bankers, EPF interest rate hiked to 8.65% and more news on the News Blast.

The Employees' Provident Fund Organisation's decision to hike interest rate to 8.65% brings cheer to its over six crore subscribers.

India will stop its share of Indus water to Pakistan, says Nitin GadkariA day after threatening to choke Pakistan's water supply, Union Minister Nitin Gadkari on Thursday said the Centre was planning to build projects on three rivers flowing into the belligerent neighbour, to divert water towards Yamuna.Under the Indus Waters Treaty, India shares water of the Beas and Sutlej rivers with Pakistan. Gadkari later took to Twitter to confirm the upcoming projects that would help divert water towar...

With participation of women in the workforce dropping from 32% in 2016 to 23% in 2018, the clamour for gender-sensitive policies is growing. In addition, speculation is rife that income tax sops will be rolled out.

Suppression of unpleasant employment data will not help; proper analysis of such data and strategic planning will do.

\"We are exploring whether we can offer interest rate of more than 8.55% this financial year. Reduction of the rate is a complete no at this point in time, though the final calculation and accounts audits are still on,\" Prabhakar Banasure, a member of EPFO's central board of trustees, said.

Around 79.16 lakh new subscribers were added to social security schemes of the Employees' Provident Fund Organisation (EPFO) from September 2017 to October 2018, EPFO data showed.