YEAR END REVIEW- 2019: MINISTRY OF LABOUR AND EMPLOYMENT MORE THAN 39 LAKHS BENEFICIARIES ENROLLED IN PM-SYM AND MORE THAN 20,000 IN NPS- TRADERS 1,52,778 ESTABLISHMENTS COVERING 1,21,65,587 EMPLOYEES BENEFITTED UNDER PMRPY 30 DEC 2019 Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and accountability through reforms and … [Read more...] about YEAR END REVIEW 2019 – MINISTRY OF LABOUR AND EMPLOYMENT
EPF
EPFO – Central Board of Trustees (CBT) approved the proposal to recommend for amendment in Employees Pension Scheme (EPS) 1995
EPFO Central Board of Trustees (CBT) approved the proposal to recommend for amendment in Employees Pension Scheme (EPS) 1995 Ministry of Labour & Employment CBT Approved Proposal to Recommend Amendment in EPS 1995225th meeting of CBT held on 21st august, 2019 at Hyderabad 22 AUG 2019 In a major decision, the Central Board of Trustees (CBT) EPF in a meeting … [Read more...] about EPFO – Central Board of Trustees (CBT) approved the proposal to recommend for amendment in Employees Pension Scheme (EPS) 1995
EPFO – Finance Ministry has approved 8.65% rate of interest on Employees Provident Fund (EPF) for 2018-19
EPFO - Finance Ministry has approved 8.65% rate of interest on Employees Provident Fund (EPF) for 2018-19 The Finance Ministry has approved 8.65% rate of interest on Employees’ Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO, benefitting more than 6 crore formal sector workers. “The Department of Financial Services (DFS), a wing of Finance Min … [Read more...] about EPFO – Finance Ministry has approved 8.65% rate of interest on Employees Provident Fund (EPF) for 2018-19
98.38 Lakh Employees benefitted through PMRPY
Ministry of Labour & Employment 98.38 Lakh Employees benefitted through PMRPY 07 JAN 2019 Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) was launched on 9th August, 2016 with the objective to incentivise employers for creation of employment. Under the scheme, Government of India is paying Employer’s full contribution i.e. 12% towards EPF and EPS both (as admissible from t … [Read more...] about 98.38 Lakh Employees benefitted through PMRPY
Payroll Reporting in India: An Employment Perspective – Coverage and Sources of data
Payroll Reporting in India: An Employment Perspective - Coverage and Sources of data Employees' Provident Funds Scheme: September, 2017 to October, 2018 PROVISIONAL ESTIMATES OF SUBSCRIBERS AS PER EPFO RECORDS (IN NUMBERS) Coverage and Sources of data 1. The Employees Provident Fund Scheme (EPF) is a mandatory savings scheme under the Employees' Provident Funds and … [Read more...] about Payroll Reporting in India: An Employment Perspective – Coverage and Sources of data
Incentives to Industries in Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States
Ministry of Commerce & Industry Incentives to Industries in Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States 17 DEC 2018 Twenty-one projects are under implementation or have been completed in the States of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States including six projects in the States of Himachal Pradesh, Jammu … [Read more...] about Incentives to Industries in Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States
Creating job opportunities employment generation during last three years.
Creating job opportunities employment generation during last three years. Creating job opportunities and facilitating generation of employment has been at the core of our policy-making. During the last three years, we have taken a number of steps to boost employment generation in the country. These measures include:- Contribution of 8.33% of Employee Provident Fund (EPF) … [Read more...] about Creating job opportunities employment generation during last three years.
Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees Provident Fund (EPF)
Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees’ Provident Fund (EPF) No.CAIU/011(44)2016/Aadhar/10273 Date: 22 SEP 2017 To All ACCs (Zones) including ACC (ASD), All RPFC-I/ RPFC 11 (Regional Offices), Sub: Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and … [Read more...] about Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees Provident Fund (EPF)
EPFO: To hike take-home pay of employees, government plans to cut employers contribution to 10%
EPFO: To hike take-home pay of employees, government plans to cut employers contribution to 10% Chief provident fund commissioner (CPFC) V P Joy told FE the matter is on the agenda and that the opinion of the CBT members would be sought. In a move that will increase the take-home pay of employees, the government plans to prune employers' contribution to the employees' … [Read more...] about EPFO: To hike take-home pay of employees, government plans to cut employers contribution to 10%
EPF members now required to submit self-declaration for advance in case of illness of members/ dependents
EPF members now required to submit self-declaration for advance in case of illness of members/ dependents Press Information bureau Ministry of Labour & Employment 28-April, 2017 12:51 IST EPF members now required to submit self-declaration for advance in case of illness of members/ dependents EPF members will now only be required to submit a self-declaration for the … [Read more...] about EPF members now required to submit self-declaration for advance in case of illness of members/ dependents
