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TCS Q1 net rises 5% to Rs 13,349 crore, revenue up 14% on BFSI business liftIndia's largest software services firm on Thursday reported a net profit of Rs 13,349 crore for the April-June quarter.
EPF vs VPF under new EPF Scheme 2026: Here's how employee and employer contributions will workEPFO: The EPF 2026 Scheme largely retains existing EPF contribution rules, with both employees and employers continuing to contribute 12% o...
EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the sameA new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension ...
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 ...
Indian care worker wins lost wages after UK sponsor failed to provide workAn Indian care worker, Shabin Shaji, has won over £28,000 in lost wages and holiday pay after his sponsoring company, Swan Care Solutions L...
Employees terminated for business reasons are entitled to compensation and re-skilling funds under New Labour CodeNew central government rules under the Labour Code offer significant benefits to employees facing job loss due to business reasons. These w...
Minimum wage rates increased from October 1, 2024 as Variable Dearness Allowance revised; check new wage ratesMinimum wage rates increased: To combat rising living costs, the central government has increased minimum wages for workers in the unorgani...
Higher EPS pension calculator: How to use it, calculate the amount payable for higher pensionThe Excel calculator released by the EPFO on the Member Sewa portal will help an employee to know how much of the past contributions he/she...
When will you receive salary, full & final settlement under new wage codes?The Code on Wages, 2019 has mentioned the various timelines for making payment of salaries, full and final settlement (if an employee resig...
- Emergency in labour room
From an employer's perspective, it may be quite challenging to identify workers given that the definition lacks clarity and has been a matt...
Repealing of Plantation Labour Act 1951 will affect the tea Industry: Tea Association of IndiaTea Association of India (TAI) stated ‘The Occupational Safety, Health and Working Conditions Code, 2019’, is expected to be introduced in ...
Code on Wages 2019: Soon, you will get full and final payment just 2 days after you leave jobThe Code of Wages, 2019 will potentially ensure timely payment of dues to employees.
EPFO to inspect firms splitting wages to reduce Provident Fund liabilityEmployers often split wages into different allowances to reduce their PF liability and also increase the take home pay of their workers.
Minimum wages of private security agency employees fixedAssam government after consultation with the Minimum Wages Advisory board has fixed the minimum rate of wages payable to the employees of '...
Link NREGA wages to a realistic CPIIt has been reported that the government is unhappy with the suggestion to link the wage payable under the MGNREGA to the CPI for rural lab...
- Tata Steel employees to get 18.5 pc bonus
Tata steel today announced 18.5 per cent annual bonus for the accounting year 2008-09 following several rounds of talk between the company ...
- Govt okays introduction of Payment of Wages Act for amendment
The Union cabinet on Wednesday approved introduction of a bill to further amend the Payment of Wages Act, 1936.