Tag: PF
Employee can’t show ‘artificial’ deductions from salary to cut wife’s maintenance
House rent recovery, provident fund contributions, furniture recovery and so on are not to be deducted from the amount a husband pays to his...
Foreign ship owners to pay PF, pension, and gratuity to Indian...
The Directorate General of Shipping has proposed an amendment to the law governing provident funds for Indian seafarers working on foreign-flagged ships.
This proposal seeks...
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…