Tag: employees provident fund

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

Street light workers of Lucknow Municipal Corp. on strike, demand pending...

Highlighting the issue of pending salary for six months, the contractual workers in the Lucknow Municipal Corporation have gone on strike. The street light...

EPFO facilitates digital submission of pensioners’ life certificates

As per the latest guidelines issued by the Employees’ Provident Fund Organisation (EPFO), pensioners covered under the pension scheme (EPS) can now submit their...

More men re-enter workforce than women: Data

After leaving job or quitting work, it appears that more men re-join the workforce than women. According to the National Statistical Office’s payroll data,...

Users facing difficulties updating nominee details on EPF portal

The last date to update and add nominees to one’s Employees’ Provident Fund (EPF) account is December 31, 2021. However, many users and account...

Government extends wage subsidy, to encourage job creation

The Government’s wage subsidy scheme, which was to end today, that is, June 30, has now been extended till March 31, 2022. The scheme...

EPFO becomes more subscriber friendly; launches WhatsApp helpline

Employees’ Provident Fund Organisation (EPFO) is well on the path to becoming more subscriber friendly than ever before. Close on the heels of the...

EPFO releases Rs 868 Cr pension and Rs 105 Cr arrears

As per a confirmation from the Ministry of Labour & Employment, the Employees’ Provident Fund Organisation (EPFO) has released Rs 868 crore pension in...

Tax liability of EPF subscribers will increase with lower contribution

As part of the stimulus package, the Government had lowered the contributions of the employers and employees, towards the Employees’ Provident Fund (EPF) from...

Statutory EPFO deductions reduced from 12% to 10%

In a move that will benefit about 43 million employees and about 6,50,000 organisations covered under the Employees’ Provident Fund Office (EPFO), the Centre...

Festive bumper for EPFO staff

The non-gazetted employees (belonging to Groups B and C) of the Employees’ Provident Fund Organisation (EPFO), will receive a 60 days’ productivity-linked Diwali bonus....

Increase in retirement age to 64 is unalterable: French Labour Minister 

On February 1, 2023, the French Labour Minister, Oliver Dussopt, declared that the increase in retirement age to 64 is unalterable. This statement came...

Latest

Hein Schumacher to take over as CEO, Unilever in July, 2023

Unilever has found its new CEO after a widespread global hunt. Hein Schumacher will be appointed Unilever CEO designate on 1 June 2023 and...

Air India deducts salary of employees for not vacating staff quarters

Air India began deducting the pay of employees who have not left their company-provided housing in Vasant Vihar, Delhi and the Air India Colony...

Amazon disobeyed labour laws: US judge

An administrative judge in the US has declared that Amazon violated labour laws by threatening to withhold wage increases and benefits from workers at...

Future Generali India gets Reena Tyagi as CHRO

Reena Tyagi has joined Future Generali India Life Insurance as its new chief human resources officer. Tyagi has been a human resource professional for...

DIALOGUE

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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...