Tag: Provident Fund

Pensioners to benefit from changes in EPS, 1995

The Government recently made changes to the Employees’ Pension Scheme (EPS), 1995, as a result of which more than six lakh pensioners may benefit....

Tax proposed on retirement contributions above a cap of 7.50 lakh

Until now, the contribution of an employer to the retirement fund of an employee was tax exempt all throughout the professional life of an...

EPFO system hoodwinked by 9 lakh employees

Almost 80,000 companies have been found to have been wrongly availing the benefits of the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), aimed at bringing...

EPF subscribers can now update their online records themselves

The Employees' Provident Fund Organisation (EPFO) has been consistently trying to make life simpler for account holders. Not only has it simplified the process...

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...

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...

How different sets of employees may react on proposed cut in...

Reduction of cut from 12 per cent of basic salary to 10 per cent means a higher take-home salary.

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.

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. 

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.

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.

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.

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.

 

PF withdrawal gets easier

Employees can now withdraw their provident fund money without employers' permission.

India Inc. asks Labour Ministry to make PF optional

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

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Young inquisitive employees require continual learning

With four generation of employees at the workplace, the game has changed drastically for organisations today. There is a greater need for the leaders...

Employee Benefits & Engagement

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Employee Protection Plan for Unilever staff

Unilever, the consumer goods manufacturer known for its various brands including Dove, Knorr, Omo and Lifebuoy, has announced wide-ranging measures to support the global...

Delivery of twins to be considered as 2 deliveries for maternity benefits

Following an appeal filed by the Union Ministry against leave granted to a woman employee of the CISF, the Madras High Court recently ruled...

Employee Benefits: Are they valued and appreciated?

Many employers feel that their employees do not really understand the benefits that are offered to them. It is hard to believe, but the...

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Mental health: Elephant in the room for India Inc. 

Are you ok? How often do we hear our bosses asking us about our mental well-being? How many organisations today actually take the pain to...

India may lose up to 136 million jobs to the COVID-19 pandemic

According to the Confederation of Indian Industry (CII), over 50 per cent of the tourism and hospitality industry may be rendered sick with about...

Online grocers and pharmacies are hiring delivery personnel

Faced with acute shortage of labour, e-commerce firms are struggling with timely deliveries. Online grocers and pharmacies are on a hiring spree. They are...

Life insurance cover of Rs 4 lakh for frontline staff

Uttarakhand Chief Minister Trivendra Singh Rawat had declared during the one-day concluding budget session on March 25, that all health, sanitation, police and media...

DIALOGUE

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“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...

“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...

Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...
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“A true leader is not dependent on title or designation,” Dwarakanath

It was a Friday afternoon, when the HRKatha team got the opportunity to meet a man who is not just a recognised leader but...