The Reserve Bank of India said that it also intends to soon initiate the resolution of DHFL under the newly approved Insolvency and Bankruptcy Rules for financial services providers

The employees are demanding issuance of a notification by the government taking responsibility for safe return of their money, invested in DHFL by the Uttar Pradesh Power Sector Employees' Trust

The UAN activated members can know their latest PF contribution and balance available with EPFO by sending an SMS to 7738299899 from their registered mobile number

The first draft of the Social Security Code had proposed provisions like the right to social security for all, last worker having access to nearly 14 social security benefits and the constitution of a Central apex Council that's headed by PM

The report showed that gross new enrolments with the ESIC during September 2017 to March 2018 were 83.35 lakh.

EPFO is likely to also offer incentives, such as an added bonus to members who agree to draw their pension after they turn 60.

The rethink has come as representative employers and employees offered mixed reactions in a recent consultation meeting with the labour and employment ministry.

The Centre plans to foot the bill of the employee contribution by SC, ST employees towards their provident and pension funds with EPFO with this data.

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.

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.

EPFO has asked its field offices to put a pause on roving inquiries into the wage structure of the establishments, providing relief to 12 lakh-plus establishments and factories

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

EPFO will launch an e-inspection system that will simplify inspection process and ensure organisations with open communications will not be subject to physical inspection until absolutely necessary

EPS amended: The amendment in the Employees' Pension Scheme (EPS) 1995 will benefit around 6.3 lakh pensioners.

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?

Diversify the portfolio while making plans to financially secure life after retirement.