Formal job addition marginally down in SeptemberIndia's formal job growth slowed down slightly in September. EPF and ESIC added fewer new members. NPS saw increased subscriptions. The fir...
25 Nov, 2024, 11.29 PM IST
Formal jobs slip in August; EPF additions down 15%New subscriptions to the Employees Provident Fund (EPF) scheme and the National Pension Scheme (NPS) hit their lowest since the start of th...
26 Oct, 2024, 12.53 AM IST
PFRDA to introduce new life cycle fund option by SeptemberLife cycle fund provides an option of investment to subscribers and allocation of equity and debt depends on the option chosen by them. The...
22 Jun, 2024, 01.07 AM IST
Formal job additions decline further in November: MoSPIIndia's formal job market faced a decline in November, attributed to festive celebrations. Preliminary data reveals a 5% drop in new subscr...
25 Jan, 2024, 05.13 PM IST
New job additions to the formal sector decline in OctoberThe number of new subscribers to the Employees’ Provident Fund (EPF) Scheme declined for the third consecutive month to 772,084 in October ...
22 Dec, 2023, 05.32 PM IST
EPFO, NPS data show 5.2 crore payrolls addition in last 4 years: SBI studyThe research report further said NPS data indicates that 8.24 lakh new subscribers added in 2022-23, of which state government payrolls of ...
15 Sep, 2023, 08.40 PM IST
52 million formal jobs created under EPFO, NPS in four years: SBI EcowrapCiting the data from FY’20 to FY’23 for EPFO and NPS, the report further said 47% of the payrolls generated during the period were first ti...
12 Sep, 2023, 02.50 PM IST
By FY24 end, targeting Rs 12 trillion AUM for NPS and APY combined: Deepak Mohanty, PFRDA“Professionals can certainly subscribe to pension. The other aspect is in terms of the gender distribution, one would see that this is quit...
06 Sep, 2023, 04.00 PM IST
Formal job creation shows mixed results in JuneThe net enrollments under the Employees' Provident Fund Scheme increased by 29% in June compared to the previous month. However, new subscr...
25 Aug, 2023, 09.28 PM IST
Formal sector hiring rebounds significantly in JuneThe report further shows formal sector hiring across state governments nearly doubled in June to 61,943 as against 31,784 in May while 4,75...
25 Aug, 2021, 02.23 PM IST
Local restrictions due to second Covid wave across India hit formal job creation in MayThe payroll data by the ministry of statistics and programme implementation, released on Friday, shows net new additions under the EPFO sto...
24 Jul, 2021, 07.15 AM IST
EPFO adds 1.27 million subscribers in AprilThe payroll data by the ministry of statistics and programme implementation, released on Friday, shows net new additions under the EPFO was...
25 Jun, 2021, 08.38 PM IST
PFRDA wants government to double tax benefit under NPS to Rs 1 lakhThe Pension Fund Regulatory and Development Authority of India (PFRDA) has also urged the government to extend the facility of of tax free ...
23 Dec, 2019, 07.20 PM IST
Need a model where everyone is fairly paid: Hemant Contractor, PFRDA Head"We propose to review the fee structure for PFMs (pension fund managers) in the near future. We also feel that management fee is quite low."
18 Dec, 2014, 04.00 AM IST
Government likely to relax norms for PSU employees to join NPSThere has been an overwhelming demand for the product launched in 2010, with a CAGR of 90 per cent in the three years of operation,
24 Jul, 2013, 05.04 PM IST
Govt clears proposal for providing insurance, pension benefits to overseas Indian workersA special Return and Resettlement co-contribution of Rs 1,000 by MOIA will be given to overseas Indian workers who contribute Rs 4,000 per ...
04 Jan, 2012, 09.04 PM IST
- Micro pension plan set to get off the block
The government may be struggling to convince the Left about the New Pension Scheme (NPS) and the need to channel a slice of the pension and...
10 Apr, 2006, 12.00 AM IST