SEARCHED FOR:EMPLOYMENT PROVIDENT FUND
EPFO adds 3.18 lakh new subscribers in May as former employment generation improves
Net additions under the Employees State Insurance Corporation (ESIS) totalled 4.6 lakh compared to 2.41 lakh in April, while those under the National Pension Scheme (NPS) stood at 43,888 in May, a dip from 64,647 subscribers added under the scheme in April, the Ministry of Statistics and Programme Implementation said in its monthly report on Thursday.
Government to pay EPF contributions of employees and employers till Aug 2020
The decision to extend EPF contribution will give further relief...
Relaxation in EPF deposit rules for employers did not lead to interest loss: Here's why
Due to on-going coronavirus pandemic, EPFO provided r...
Covid provides an opportunity for ARCs and stress funds to help economy: Edelweiss ARC
When the Covid problem started, I was worried about whether there will be any recoveries at all. But in the June quarter, we recovered about Rs 600 crore. We have recovered from almost 60-70 loan accounts.
Cut in employer's EPF contribution may mean net loss for the employees
Centre has reduced both employer and employee contribution in the EPF account as a Covid-19 measure.
Government lowers employee, employer’s EPF outgo
The change does not increase the employee’s total income, but only ensures that a part of the income that was earlier deposited with the high interest generating EPF, will now be paid upfront. The new scheme would be for three months.
PM Garib Kalyan Package: Govt says Rs 34,800 cr financial help given to 39 cr beneficiaries
As part of the Rs 1.70 lakh crore PMGKP, announced by Finance Minister Nirmala Sitharaman on March 26, the government announced free foodgrains and cash payment to women and poor senior citizens and farmers. The implementation of the package is being continuously monitored by central and state governments, the finance ministry said in a statement.
Your employer can contribute 12% to your EPF account if it is included in your CTC
Your employer can still continue to contribute to your EPF account at a rate of 12 per cent. Here is how.
Social security schemes may soon cover gig workers too
The labour ministry may soon include gig workers under the existing social security schemes of the government, which would make them eligible for pension and medical benefits.
Lockdown: EPFO not charging penalty from cos for delay in payment of provident fund dues
Earlier on April 30, the EPFO allowed employers to file monthly EPF returns without making simultaneous payment of dues, which gave a relief to about 6 lakh firms amid the lockdown.
From August 1, EPF contributions will be deducted at 12 per cent
The Employees' Provident Fund (EPF) monthly contributions were reduced from 12 per cent to 10 per cent as a part of the Atma Nirbhar Bharat Package back in May 2020. The move was aimed at providing some savings to employers and employees to tide over coronavirus crisis.
5 Money and tax tasks you should complete by July 31, 2020
In the wake of novel coronavirus pandemic, the government has provided various relaxations in meeting the financial deadlines to the common man. Many of these deadlines are expiring on July 31, 2020. Here is the list of five of those financial deadlines.
Voluntary provident fund: Investing, contribution, interest rate and other things to know
If you are planning to invest in the Voluntary Provident Fund (VPF), here are the answers of the some the commonly asked questions about it.
EPFO records 1.33 lakh new enrolments in April
The net new enrolments with retirement fund body EPFO recorded at 1.33 lakh during April 2020, according to its payroll data, providing an employment perspective in the formal sector impacted by COVID-19-induced lockdown. The government had imposed lockdown from March 25 to fight COVID-19 in the country.
Don't cut salaries or resort to layoffs: EPFO appeals to employers
New Delhi: Amid the ongoing lockdown imposed to contain the transmission of coronavirus, which has forced companies to halt operations tempo...