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

The amendment mandates that families of government employees who passed away before completing seven years of service will receive 50 per cent of last pay drawn for 10 years as pension

EPFO manages social security funds of workers in the organised or semi-organised sector in India and has more than 6 crore active members (with at least one-month contribution during the year)

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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.

The good news in this month's payroll numbers is that the average monthly job creation in India has seen an uptick. As per the latest payroll release of EPFO, the average monthly job creation stands at 4.60 lakh which is the highest since February 2019

All individual taxpayers are now required to file ITR electronically; only super senior citizens and assessees with annual income of under Rs 5 lakh, who are not seeking a refund, can choose to do so in paper format

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?

Union Budget 2019: Centred around the growth of the Indian economy and investment-led growth, Sitharaman's Budget speech also talked about tax simplification, start-ups and electric mobility in India.

Apart from making \"pre-filled tax returns\" available to taxpayers, which will contain details such as salary income, capital gains from securities, bank interests, tax deductions, dividends and the like, Sitharaman proposes to simplify tax laws and enable interchangeability of Aadhaar and PAN Card

Union Budget 2019: The corporate leaders also suggested 100 per cent foreign direct investment for the insurance sector.

The employment rate was too low and the unemployment rate was too high, CMIE said in its report which showed how job scenario in India has continued to deteriorate.

The company's negotiation power has further gone up with the news of its sister company, Essel Infrastructure succeeding to sell three of its road projects in MP, Karnataka and Telangana for around Rs 3,500 crore

EPFO has declared net additional employment at 10.43 lakh for the month of April 2019. However, it has revised downwards the previous 19 month (Sep-17 to Mar-19) job creation numbers by 6.4 lakh

Worryingly, while the unemployment rate has been going up, the labour participation rate, which is the proportion of the working age population that is either employed or actively seeking a job, has been falling

There are no ifs and buts about this one. India is well and truly in the grip of a slowdown that is threatening to get worse by the day

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

After filing his nomination for the Varanasi Lok Sabha seat, Prime Minister Narendra Modi answered questions on topics ranging from demonetisation to job crisis to Indian economy during an exclusive interview with India Today TV and Aaj Tak.

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