The government has merged 13 Provident Fund (PF) withdrawal provisions into one simplified framework, enabling employees to withdraw up to 75% of their PF balance — including employer contributions — after 12 months, easing eligibility and reducing claim rejections.
The company last week laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts
Point to point rate of inflation based on the CPI-AL and CPI-RL decreased to 3.25 per cent and 3.34 per cent in December 2020 from 6 per cent and 5.86 per cent respectively
A large number of members of the Employees Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with credit of 8.5 per cent rate of interest for 2019-20.
This initiative will allow the PF subscribers to interact directly with EPFO's regional offices at a personalised level adhering to one-to-one guidance principle.