NRIs are no longer allowed to make any new deposits into their PPF account. But, they are permitted to hold their pre-existing accounts
To boost employment, the Centre must continue its support to subsidise the provident fund contribution for new recruits.
According to CMIE estimates, as many as 2.53 crore jobs were lost between February and May
Once the wages code comes into force, there will be significant changes in the way basic pay and provident fund of employees are calculated
VPF is an extension of one’s EPF account. Anyone can make additional voluntary contribution to his/her EPF account which is referred to as VPF
The money will be credited to your bank account within an hour of applying
From June 1, Aadhaar mandatorily has to be linked with each and every Employee Provident Fund (EPF) account. If it is not done, the employer’s contribution to the EPF account would be stopped. They would be unable to file Electronic Challan cum Return (ECR) for EPF accounts that are not seeded with Aadhaar. On June 1, EPFO […]
Members who have already availed of the first Covid-19 advance can now opt for a second advance, the ministry of labour and employment said
It offers an interest rate of 8.5%, 140 basis points higher than PPF
Under the EPFO’s Employees’ Deposit Linked Insurance (EDLI) scheme, all surviving dependent family members of the members of this scheme are eligible to avail benefits of EDLI in case of death in harness of the member
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