The Union Cabinet approved raising the EPFO wage ceiling for mandatory coverage from Rs 15,000 to Rs 25,000 a month. The move is expected to bring more than 51 lakh additional employees under statutory provident fund, pension and insurance protection
The CBI has registered an FIR against Reliance Capital, former Chairman Anil Ambani and others over an alleged EPFO investment fraud involving secured non-convertible debentures. The agency alleged a wrongful loss of Rs 1,816.22 crore and has launched an investigation
Telangana Electricity Employees' Union has raised alarm over unresolved staff issues, warning of possible protests and service disruption. Despite assurances from a July meeting, only one of 25 flagged concerns has seen progress, fuelling unrest among field workers.
Beedi workers across Telangana await inclusion in the Aasara pension scheme, as outdated rules exclude those with post-2014 EPF accounts. Unions have slammed the State government for not fulfilling its poll promise of extending benefits and raising pension amounts
Peddapalli: Twenty-one retired employees of Kesoram Cement Factory, Basanthnagar, were handed over PF and pension scheme certificates in a programme held in the factory on Friday. As part of Prayaas to Viswaas programme, Employees Provident Fund officials from Karimnagar region office distributed certificates to retired employees. Speaking on the occasion, employees said that earlier, they used […]
New Delhi: Interest rate on employees’ provident fund deposits on Saturday was proposed to be cut to a four-decade low of 8.1 per cent for the current 2021-22 fiscal from 8.5 per cent in the previous year, sources said. This is the lowest interest rate since 1977-78 on deposits that employees make towards their retirement […]
