Tag: Employee Provident Fund

Payroll addition figures for February at a 3-month low: EPFO data

The provisional data from the Employee Provident Fund shows that people who joined the formal workforce in February was the lowest in last three...

Indian employees with IW status will reacquire prior status on repatriation:...

IWs faced a lot of problems when returning to India, in terms of higher contributions and restrictions on the withdrawal of accumulated balance.

Your unclaimed provident funds can suddenly turn lucrative

EPF pensioners will be able to avail medical facilities from a network of more than 1,400 dispensaries and 150 hospitals under ESIC.

No change in contribution to Provident Fund at 12 percent: EPFO

The Central Board of Trustees (CBT) has turned down the proposal to reduce the mandatory contributions from workers and employers to 10 per cent.

EPFO to further simplify its process; no supporting document required for...

In a bid to increase social security and enhance worker awareness EPFO has taken significant measures to provide more benefits to members and ease the withdrawal process.

Catch up: Organisations can now enrol employees under EPF amnesty scheme

Companies which had not earlier enrolled their employees under the EPF scheme can now do so, against payment of a minimal damage fee of Re 1 per year of default.

Government allows premature withdrawal of PPF

The investor will have to provide a valid reason for the same which includes expenditure towards higher education or medical treatment.   

Budget 2016-17: Government adds tax to Employees’ Provident Fund

GOI has proposed to bring EPF at par with NPS, which has a tax rebate on 40 per cent of the corpus while the remaining 60 per cent is taxable.

 

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Image by studiogstock on Freepik

Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

Latest

Ericsson to axe 1,200 jobs amidst falling demand

Ericsson AB, the manufacturer of 5G networking equipment, is all set to axe about 1,200 jobs in Sweden. Why? Because it is not receiving...

Lufthansa resolves pay dispute with union following arbitration

After weeks of wage dispute and subsequent strikes causing disruptions for passengers, German airline Lufthansa has reached a consensus with union Verdi regarding pay...

79% of students see better job ops off campus: Report

At a time when seven per cent of campuses posted achieving 100 per cent placement, a significant 79 per cent of students feel that...

WFH for IT employees to solve Bengaluru’s water crisis?

Bengaluru may have to allow employees to work from home because it is facing a major water crisis. The city is home to about...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
HR DAILY NEWSLETTER
News, trends and analysis, as well as breaking news alerts, to help HR professionals do their jobs better each business day.