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Additional Contribution Of 1.16% For Higher Pension From Employers' Payout
Additional contribution of 1.16 per cent of basic wages for subscribers opting for higher pension will be managed from employers' contributions to social security schemes run by retirement fund body EPFO.
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iPhone Maker Foxconn Says Output at Largest China Plant Recovering Despite Revenue Drop
Foxconn said on Thursday that output at its iPhone manufacturing plant for iPhones at Zhengzhou in China had "basically returned to normal". The iPhone assembler also revealed that the company's December revenue was down 12.3 percent year-on-year, and the announcement comes months after it was hit by disruptions at the factory over workers' wages a...
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New Rules On Change In Basic Salary, Wages At "An Appropriate Time": Minister
Union Labour Minister Bhupender Yadav on Friday said almost all states have prepared draft rules on the four labour codes and the new rules will be implemented at an appropriate time.
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New Rule Change In Take-Home Salary, Working Hours Delayed
The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.
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Take-Home Salary, Work Hours May Change From July 1. Details Here
As per the new labour code, companies can increase the working hours but would have to give an additional weekly off.
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EPFO Mulls New Pension Scheme For Formal Workers Above Rs 15,000 Basic Wage Band
EPFO is thinking of coming out with a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month
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Elon Musk's Reaction To Throwback Video From The "Worst Year" Of His Life
In the video, Elon Musk is seen claiming that he earned “minimum wage” from Tesla and was working as a “volunteer basically”.
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Opinion: Corona War - Finding The Cash Is Vital
While there is an effort by some governments to get these persons back to their villages, this may not be a solution. If the idea is to reduce hardship to these daily wagers, it is important that their wages are protected. Only if these persons are provided their basic minimum daily wages can the situation change.
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Food Being Provided To Over 22 Lakh Migrant, Daily Wage Workers: Centre Tells Supreme Court
The Central government on Tuesday filed a status report in the Supreme Court on a petition seeking directions to provide basic amenities like food, water, and shelter to the migrant workers across the country in the wake to coronavirus lockdown.
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Employees' Provident Fund (EPF) Interest Rate Raised To 8.65% For 2018-19
The Labour Ministry has notified 8.65 per cent interest rate on employees provident fund (EPF) for 2018-19. The interest amount will now be credited into the accounts of over 6 crore subscribers of retirement fund body Employees' Provident Fund Organization (EPFO), Union minister Santosh Gangwar said on Tuesday. In an EPF account, the employee cont...
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Provident Fund (PF) Subscribers To Get 8.65% Interest For 2018-19: 10 Things To Know
Over six crore accounts in the Employees' Provident Fund Organization (EPFO) will be credited with interest at the rate of 8.65 per cent for financial year 2018-19 ahead of the festival season, Labour Minister Santosh Gangwar said. In an EPF or Employees' Provident Fund account, the employee contributes 12 per cent of the salary whereas an equal am...
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Nearly 200 Unpaid Indian Workers In UAE To Get Wages
Some 200 unpaid Indian workers in the United Arab Emirates (UAE), who have been surviving for months without basic facilities, were set to receive their wages soon, it was reported today.
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Interest Rate, Withdrawal Rules Of Employees' Provident Fund (EPF)
In an EPF account, the employee contributes 12 per cent of his or her salary (basic wages, dearness allowance and retaining allowance) towards the account, and an equal amount is contributed by the employer, according to the EPF website -epfindia.gov.in.
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How To Access Employee Provident Fund (EPF) Passbook Online
EPF passbook: A subscriber can access his or her EPF passbook online through the EPFO's portal, epfindia.gov.in. In an EPF account, the employee contributes 12 per cent of his or her pay (basic wages, dearness allowance and retaining allowance) towards the account, and an equal amount is contributed by the employer.
-
Uber Says Giving UK Drivers Worker Rights Would Cost Tens of Millions of Pounds
Uber currently classifies its around 50,000 drivers in Britain as self-employed, affording them only basic entitlements.
-
Additional Contribution Of 1.16% For Higher Pension From Employers' Payout
Additional contribution of 1.16 per cent of basic wages for subscribers opting for higher pension will be managed from employers' contributions to social security schemes run by retirement fund body EPFO.
-
iPhone Maker Foxconn Says Output at Largest China Plant Recovering Despite Revenue Drop
Foxconn said on Thursday that output at its iPhone manufacturing plant for iPhones at Zhengzhou in China had "basically returned to normal". The iPhone assembler also revealed that the company's December revenue was down 12.3 percent year-on-year, and the announcement comes months after it was hit by disruptions at the factory over workers' wages a...
-
New Rules On Change In Basic Salary, Wages At "An Appropriate Time": Minister
Union Labour Minister Bhupender Yadav on Friday said almost all states have prepared draft rules on the four labour codes and the new rules will be implemented at an appropriate time.
-
New Rule Change In Take-Home Salary, Working Hours Delayed
The new labour laws have been passed through the parliament but are delayed as Indian states are yet to notify these regulations.
-
Take-Home Salary, Work Hours May Change From July 1. Details Here
As per the new labour code, companies can increase the working hours but would have to give an additional weekly off.
-
EPFO Mulls New Pension Scheme For Formal Workers Above Rs 15,000 Basic Wage Band
EPFO is thinking of coming out with a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month
-
Elon Musk's Reaction To Throwback Video From The "Worst Year" Of His Life
In the video, Elon Musk is seen claiming that he earned “minimum wage” from Tesla and was working as a “volunteer basically”.
-
Opinion: Corona War - Finding The Cash Is Vital
While there is an effort by some governments to get these persons back to their villages, this may not be a solution. If the idea is to reduce hardship to these daily wagers, it is important that their wages are protected. Only if these persons are provided their basic minimum daily wages can the situation change.
-
Food Being Provided To Over 22 Lakh Migrant, Daily Wage Workers: Centre Tells Supreme Court
The Central government on Tuesday filed a status report in the Supreme Court on a petition seeking directions to provide basic amenities like food, water, and shelter to the migrant workers across the country in the wake to coronavirus lockdown.
-
Employees' Provident Fund (EPF) Interest Rate Raised To 8.65% For 2018-19
The Labour Ministry has notified 8.65 per cent interest rate on employees provident fund (EPF) for 2018-19. The interest amount will now be credited into the accounts of over 6 crore subscribers of retirement fund body Employees' Provident Fund Organization (EPFO), Union minister Santosh Gangwar said on Tuesday. In an EPF account, the employee cont...
-
Provident Fund (PF) Subscribers To Get 8.65% Interest For 2018-19: 10 Things To Know
Over six crore accounts in the Employees' Provident Fund Organization (EPFO) will be credited with interest at the rate of 8.65 per cent for financial year 2018-19 ahead of the festival season, Labour Minister Santosh Gangwar said. In an EPF or Employees' Provident Fund account, the employee contributes 12 per cent of the salary whereas an equal am...
-
Nearly 200 Unpaid Indian Workers In UAE To Get Wages
Some 200 unpaid Indian workers in the United Arab Emirates (UAE), who have been surviving for months without basic facilities, were set to receive their wages soon, it was reported today.
-
Interest Rate, Withdrawal Rules Of Employees' Provident Fund (EPF)
In an EPF account, the employee contributes 12 per cent of his or her salary (basic wages, dearness allowance and retaining allowance) towards the account, and an equal amount is contributed by the employer, according to the EPF website -epfindia.gov.in.
-
How To Access Employee Provident Fund (EPF) Passbook Online
EPF passbook: A subscriber can access his or her EPF passbook online through the EPFO's portal, epfindia.gov.in. In an EPF account, the employee contributes 12 per cent of his or her pay (basic wages, dearness allowance and retaining allowance) towards the account, and an equal amount is contributed by the employer.
-
Uber Says Giving UK Drivers Worker Rights Would Cost Tens of Millions of Pounds
Uber currently classifies its around 50,000 drivers in Britain as self-employed, affording them only basic entitlements.
