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.

This is the first time in several months that EPFO has declared a growth in job creation since September 2017. For the past few months, it has been revising the total job creation downwards from 79.16 lakh to 72.32 lakh in December 2018.

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...

As of now, the UAN account does not reflect the EPF contributions made during the subscriber's previous job and interest accrued on that.

\"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.

Not withstanding the criticism against the government for joblessness, MoS for Labour Santosh Gangwar asked reporters to visit his constituency to see the kind of employment the Modi government has generated.

India is gearing up for an era of increased digitalisation, heralding the advent of Industry 4.0, powered by new age technologies like the Internet of Things (IoT), Artificial Intelligence and Robotics.

This is slightly more than 9.5 per cent average pay increase that was projected in 2018, reflecting improved business sentiment compared to 2017.

The Supreme court has basically reiterated that any allowance which is paid universally to the employees and has not been earned with respect to overtime or increased productivity should be included in the calculation of EPF.

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

Singapore-based DBS Bank expects the business of its Indian subsidiary to triple from the present Rs 55,000 crore in another five years, a top official said Wednesday.

India's internet users expected to register double digit growth to reach 627 million in 2019, driven by rapid internet growth in rural areas, market research agency Kantar IMRB Wednesday said.

CMIE employment report: The labour force is down 25.7 million since September 2016 and the number of employed persons has declined by 18.3 million in the same period.

Job creation per month has shrunk from 5.65 lakh as per the December release to 4.9 lakh per month as declared by the February release.

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