Tag: PF

SpiceJet deposits TDS of employees

SpiceJet has reportedly deposited the tax deducted at source (TDS) of all its employees for the financial year 2021-22. The employees have been told...

Is SpiceJet not depositing PF in staff accounts?

SpiceJet is reportedly not depositing the provident fund (PF) in the accounts of its employees. It is alleged that the Airline has defaulted on...

‘Disinvestment will not impact PF and gratuity’: Air India

Many employees of Air India were quite uncertain about their employment and benefits after the privatisation of the national carrier. But now, the Government...

Haven’t linked PF to Aadhaar? Face cut in benefits: EPFO

Employees' Provident Fund Organisation (EPFO) had earlier, in June, said that it was mandatory for subscribers to have their PF accounts linked to their...

Air India to shift PF accounts to EPFO before ownership transfer

Air India will shift its employees’ provident fund accounts to the Employees’ Provident Fund Office (EPFO) before the ownership of the Airline is transferred....

PF relief till 2022 for some in the formal sector

Finance Minister Nirmala Sitharaman has announced that the Government will pay the provident fund (PF) share of both employers as well as employees for...

7th Pay Commission: New Wage Code Bill w.e.f April 1

The Centre is all set to implement the New-Wage Code Bill from April 1. 2021, which will alter the salaries of government employees drastically. New...

April onwards, PF contribution over Rs 2.5 lakh will be taxable

Come April, and the interest on employees’ contributions to Provident Fund (PF) beyond Rs 2.5 lakh will be taxed. While those above the age...

Job scheme worth Rs 22,810 crores introduced

The Indian Cabinet gave the green signal to the scheme to generate employment under the Atma Nirbhar Bharat Rozgar Yojana. This move will give...

Better to stick with earlier rates for PF contribution?

To enable people to have more cash in their hands amidst this pandemic, the Employees’ Provident Fund Organisation (EPFO) has allowed employees to contribute...

Employees withdrawing full PF money will lose social security benefits

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

India Inc. asks Labour Ministry to make PF optional

Firms want employees to have a choice on how they are paid their salary…

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

Whom to hire? Employees laid off from Google, Amazon, Microsoft or Meta?

The series of layoffs that have swept across large technology companies, such as Google, Amazon, Microsoft and Meta, have created an abundance of talent...

1000s of employees protest for raising wage & regularisation demand: Punjab

On Sunday, a large group of state government employees, including contract, outsourced, and regular employees, gathered outside the Sangrur deputy commissioner's office to protest...

GNIDA terminates the services of 49 employees

The Greater Noida Industrial Development Authority (GNIDA) has terminated the services of 49 contractual employees after an investigation uncovered irregularities in their appointment process....

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...

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...