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 ...
₹36 lakh job offer vs ₹25 lakh salary: Gurugram techie says higher package brings lower take-home, flags Mumbai cost worriesA Gurugram-based tech professional faces a career crossroads. A new job offer in Mumbai promises a higher annual salary but a reduced month...
Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
From Rs 17 lakh education loan to Rs 50 lakh net worth in 4 years: Can you replicate this Reddit success story?A 29-year married Reddit user has shared his story of how, just four years into his job, he not only paid off his education loan but also c...
NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demandsSBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...
Govt plans to cut EPF contribution rate, take home pay would rise: Will employees benefit?Currently, employee contribution to PF is 12 percent, and an equal percentage is contributed by the employer. However, the draft EPF Bill p...
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...
Bank accounts of 636 firms sealed by EPFO for irregularitiesEPFO has sealed the bank accounts of 636 organisations and attached the properties of 7 others for alleged irregularities in paying employe...
India Inc can limit PF contributions against statutory limit of Rs 6,500 per monthEPFO has on May 27, 2014, issued a circular to this effect. PF is computed at 12% for both employer and employee contributions against basi...
EPFO to use IT-based monitoring of private provident fund trustsEPFO has directed to ensure that BOT invest PF amounts in accordance with that investment pattern and within the stipulated time frame.
- Provident fund department slaps Rs 55-cr notice on Ahluwalia Contracts
Company has been accused of denying benefits to workers employed to build two Commonwealth Games projects in 2010.
- PF contribution: Your take home salary may reduce now
Allowances paid by employer such as Conveyance, Night Shift Incentives qualified as Basic wages may need to be included while calculating c...
- Finance Ministry rejects 9.5% interest on PF pay out for FY11
The EPF rate has been at 8.5% since 2005-06 and the rate would have stayed the same in 2010-11 as per its earnings.
- EPFO may take punitive steps as Subhiksha fails to deposit PF
PF officials are understood to have planned to attach the personal bank accounts of Subhiksha MD R Subramanian and properties of the retail...
- Subhiksha’s deadline up to pay PF dues, authorities begin recovery process
The noose is tightening around troubled retail chain Subhiksha. After lenders and employees, its now the turn of provident fund authorities...