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On the second day of the -day lockdown due to Coronavirus outbreak, Finance Minister Nirmala Sitha...
The Government of India is working on measures and packages to provide relief to subscribers and emp...
In view of Government of India guidelines to contain spreading of COVID-, Employees Provident Fun...
New registration for EPFO, ESIC stopped on Shram Suvidha Portal, now it is to be done on the ministry of corporate affairs portal. The Ministry of Labour & Employment has stopped registration for Employees’ Provident Fund Organisation (EPFO), Employees’ State Insurance Corporation (ESIC) for new companies on its Shram Suvidha Portal with effect from 15 […]
EPFO cuts interest rate on deposits to 8.50% for FY20; move to affect 6 crore salaried employees The Employees’ Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on provident fund deposits to 8.50% for FY20 (2019-20) from 8.65% in FY19 (2018-19), Labour Minister Santosh Gangwar said on Thursday. The new rate is 15 basis points below the figure for […]
The government has found 9 lakh beneficiaries in as many as 80,000 companies took benefit of the Centre’s job formalization scheme, Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), even though they were not eligible, leading to around Rs 300 crore loss to the exchequer. According to a report published in the Business Standard, These companies allegedly […]
