Employees Provident Fund Organisation (EPFO), a statutory body under Union Ministry of Labour & Employment has processed about 1.37 lakh claims across the country disbursing an amount of Rs. 279.65 crore under a new provision especially…
As public transport is not available during the lockdown. In order to incentivise usage of own convevance mileage allowance may be provided for attending office.
Employee Provident Fund (EPF) interest rate lowered from 8.65% to 8.5% for Financial Year 2019-20
Bad news for salaried employees as they could face a cut in interest on their provident fund (PF) deposits for FY 2019-20. The Central Board…
As per EPS rules, an EPFO member who retired before Sept 26, 2008, could get maximum one-third of his/her pension as lump-sum i.e. commuted pension and remaining two-thirds was paid as monthly pension to an employee for his/her lifetime
Employees' Provident Fund or EPF, a government-run pension scheme, fetches an interest at the rate of 8.65 per cent. It is a mandatory contribution from the salary of an individual that every organisation with more than 20 employees has to…
Employee Provident Fund (EPF) is one of the most popular and widely used investment schemes by the salaried class in India. The benefits of EPF are extended to all establishments with 20 or more employees. A person starts his contribution…