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EPF WAGE INCENTIVE
0.4 million new employees availed fiscal benefit under PMVBRYThe Pradhan Mantri Viksit Bharat Rozgar Yojana has provided incentives to over 440,000 new employees. The government has disbursed ₹465 cro...
Social security, reimagined: How the new labour code reshapes PF and worker rightsNew labour codes, particularly the Code on Social Security, aim to transform Provident Fund into a social insurance system, aligning with U...
New labour codes 2025: How variable pay and basic salary affect EPF, gratuity calculationsIndia's new labour codes require 50% of CTC to be factored into social security calculations, affecting EPF and gratuity contributions. Emp...
Labour minister Mansukh Mandaviya urges employers to utilise jobs incentive schemeMansukh Mandaviya encourages employers and new hires to utilize the Pradhan Mantri Viksit Bharat Rozgar Yojana. The registration portal is ...
Registration portal for Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) goes liveUrging the employers and first-time employees to take benefit of the employment linked incentive scheme, labour and employment minister Man...
Pradhan Mantri Viksit Bharat Rozgar Yojana: How much employee and employer will get under Employment Linked Incentives scheme?Narendra Modi announced the Pradhan Mantri Viksit Bharat Rozgar Yojana on August 15, 2025. The scheme aims to generate 3.5 crore jobs with ...
Govt launches PM Viksit Bharat Rojgar Yojna portal for employers, first-time employeesUnion Minister Mansukh L Mandaviya launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal, a Rs 1-lakh crore scheme approv...
Will minimum EPS-95 pension be hiked this festive season? Govt responds in ParliamentIndian pensioners are eagerly awaiting a potential increase to the minimum monthly pension under the Employees' Pension Scheme (EPS-95). Cu...
Employment Linked Incentive: Earn Rs 15,000 through ELI Scheme-But there is a catchOn July 1, 2025, the Union government approved the ELI Scheme, which aims to support employment generation, enhance employability and socia...
New Employment Linked Incentive Scheme from August 1, 2025, to give one month's EPF wage: Who is eligible and how much money they can getThe newly introduced schemes showcase the government's focus on employment generation. The schemes will be applicable for jobs created betw...
Deadline to activate UAN for EPFO's ELI Scheme ends on January 15, 2025: Step by step guide to activate UANDeadline to activate UAN: The UAN activation and linking of bank account with Aadhaar is necessary to avail of benefits under the EPFO's Em...
EPFO extends deadline to activate UAN for ELI scheme, check last date hereUAN Activation deadline extended: The Employees Provident Fund Organisation (EPFO) has extended the deadline to activate UAN and Aadhaar se...
Budget 2024: Expert explains the contours of Modi government's Employment-linked Incentive SchemeAs part of Budget 2024, three employment-linked incentive schemes were announced to support employees and employers via EPFO enrolment. Sch...
EPFO extends challan filing date for employers by a month to May 15"The employers disbursing the wages for March 2020 not only get relief of extension of due date for payment of EPF dues for March, 2020 but...
EPFO defers March dues payment till May 15; provides relief to 6 lakh firms, 5 crore subscribersThis decision of Ministry of Labour and Employment is to support and provide relief to employers of establishments which have disbursed wag...
SC ruling will slash your take home pay if your basic salary is less than Rs 15000 pm: Here's whyThe Supreme Court's decision is likely to impact those domestic workers whose basic salary is or was (at an earlier point in time) less tha...
Jobs, higher wages key focus areas for government: Bandaru DattatreyaSpeaking at the International Labour Day function here, the minister said: "Employment generation is our priority and going forward will gi...
Retrospective Bonus Act perfectly correct: Bandaru DattatreyaThe minister also promised that the government will come out with all clarifications in the high courts where the industry has challenged t...
Ficci opposes changes in basic wage structure for PF deductionBusiness chamber Ficci has opposed the proposed changes to the definition of 'basic wages' under the Employees Provident Fund & Miscellaneo...
Restrict EPF contribution to basic salary, says FICCI PresidentThe reported proposal to re-notify the definition of 'basic wages'is fraught with huge financial implications both for industry and governm...