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EPFO WAGE CEILING HIKE
Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- Company triples workload but gives no salary hike: LinkedIn post on employee's 2-year pay freeze goes viralAn Indore professional's LinkedIn post highlighted a friend's plight: a marketing professional's workload tripled over two years with no sa...
- India raises price cap on cancer drugs to tackle shortageIndia's drug price regulator has increased the ceiling prices of cancer drugs cisplatin and carboplatin by 50% to tackle shortages caused b...
- Cancer drug prices raised 50% as NPPA acts on shortage concernsIndia's drug pricing authority has approved a 50% price hike for essential anti-cancer drugs carboplatin and cisplatin. This decision follo...
- Dollar shaky as investors weigh rate outlook, Middle East worriesU.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy...
- Government may lift price cap on cancer drugs making them costlier by up to 50%India's government is taking emergency steps to ensure cancer patients get vital drugs. Cisplatin and carboplatin, crucial chemotherapy age...
- Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- Gold drops as oil climbs on renewed US-Iran hostilitiesGold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike conc...
- EPFO 3.0 new rules: Can you withdraw 100% of PF retirement corpus through ATM?
- EV, FinTech jobs set to deliver biggest raisesIndian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors le...
- JGB yields rise as investors focus on 30-year auction, BOJ meetingJapanese government bond yields are climbing. Investors are selling bonds as the Bank of Japan prepares for a potential interest rate incre...
- African Proverb of the Day: 'When we hear a house has fallen...'- Life lessons on responsibility, consequences, community, and why every fall affects more than what we seeAn African proverb illustrates that when a 'house' collapses, the 'ceiling' is inevitably affected, symbolizing how interconnectedness mean...
- Wipro shares plunge over 8%. What’s behind the selloff?Wipro shares dropped significantly on Monday. This decline follows the company's share buyback record date. Investors who bought shares for...
- EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
- Forget rising fuel costs, Delhi-NCR apartment residents may soon face higher maintenance billsHousing societies across NCR are reassessing maintenance charges after revised minimum wages significantly increased manpower costs for sec...
- EPFO: When can EPF interest be credited to your account? Check hereEPFO subscribers are awaiting their FY 2025-26 interest credit, despite the 8.25% rate announcement in March. While delays are common due t...
- EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...
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