Tag: EPFO

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....

EPFO to launch e-inspection system, also proposes PF for domestic help

With an aim to make the inspection process simple and eliminate physical inspection as far as possible, the Employees’ Provident Fund Organisation (EPFO) will...

61.12 lakh jobs created in FY 2019

A total of 61.12 lakh jobs were created in the financial year 2019, as per the payroll data from Employees’ Provident Fund Office (EPFO)....

EPFO amends rules, allows subscribers to withdraw entire fund within 2...

The Employees’ Provident Fund Organisation (EPFO), the retirement fund body, has introduced amendments that now permit its subscribers to withdraw up to 75 per...

91 lakh workers dropped out of EPFO in 2017

According to the data released by the Employees’ Provident Fund Organisation (EPFO), 91 lakh workers seem to have dropped out of EPFO last year....

Effects of lower PF contribution on your salary

If PF contribution is part of the CTC, don’t miss out on asking the employee to pass on those extra few bucks.

Around 7.43 lakh jobs added in May: EPFO

A total of 44.74 lakh jobs were created in the formal sector during September 2017–May 2018

Now withdraw 75% of PF just after a month of quitting

This move will offer financial security to employees who may have lost their jobs.

Govt to pay employers’ contribution to the provident fund till March...

Establishments registered with EPFO will need to have a Labour Identification Number (LIN) allotted to them under the Shram Suvidha Portal to avail this scheme. 

EPFO subscribers can now access pension passbook through UMANG App

The unified mobile application for new-age governance (UMANG) appis all set to make life easier for pensioners.

PF portal hack: EPFO affirms no data leakage

As per media reports, the personal and professional details of about 2.7 crore members registered with the EPFO have been exposed to data theft. 

Decoding EPFO data for job estimation

According to the data, 1.25 million young Indians joined the workforce between September 2017 and February 2018. 

EPFO introduces new facilities to link UAN and Aadhaar

The facility on the e-KYC Portal has further added a new feature to link UAN with Aadhaar online using biometric credentials.

National Pension Scheme allows 25% withdrawal before maturity

NPS is a voluntary, defined contribution retirement savings scheme for Indian employees during their working life.

How HR head Abhishek Mishra paid the price for being a...

Here is the story of a brave HR professional, who stood by his people, fought against PF evasion at MW High Tech Projects India, and paid a hefty price.

Employees withdrawing full PF money will lose social security benefits

EPFO advises members to refrain from withdrawing funds fully for trivial reasons

EPFO proposes to move towards centralised payment system

The EPFO has proposed to move towards the centralised payment system using the National Payments Corporation of India (NPCI) platform.

Transfer of EPF account while switching jobs becomes convenient

The PF account can be automatically transferred through Form 11.

Mobile App ‘m-EPF’ to help employees check their PF balance and...

EPFO has decided to go digital for the convenience of its lakhs of subscribers and pensioners.

Change jobs but not your PF account

Employees will no longer require to change or close their PF accounts when switching companies or jobs.

EPFO considers reduction in PF contribution

The agenda for lowering the rate of contribution from the present 12 per cent to 10 per cent was considered, in a meeting of the Central Board of Trustees (CBT) and Employees’ Provident Fund (EPF).

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.

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.

Get your PF money in 3 hours

EPFO is all set to embrace technology in a major way, enabling online withdrawal of PF funds and quicker settlement of claims.

 

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.

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...
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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

Amazon’s cash pay freeze for senior staff

Amazon announced a significant change in increments of many of its senior employees. As per the statement released on Wednesday, 27 March, many senior...

J&K HC: No promotion denial for employees who avoid court during employment

The High Court of Jammu & Kashmir and Ladakh ruled that an employee shouldn't be denied promotion benefits just because they didn't go to...

Capgemini eyes major talent surge in India for FY25

Capgemini, the global professional services and IT consulting firm, has announced its ambitious recruitment plans for India for FY2025. Commencing from April 2024, this...

Vodafone’s 2,000 job cuts spark employee resistance

Vodafone, the telecommunications giant, has announced the cutting of 2,000 jobs. The announcement follows a change in management. The move is also said to be...

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....
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