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Employees Provident Fund Scheme News
Employees Provident Fund Scheme
EPFO: Central Board of Trustees rejects proposal to reduce PF contribution to 10%
Sun, May 28, 2017
The Central Board of Trustees (CBT), a retirement fund body of EPFO, has turned down the proposal to reduce the mandatory provident fund (PF) contributions from workers and employers from present 12% to 10% in a meeting held in Pune on Saturday.
This crucial EPFO decision may increase your 'in-hand' salary
Fri, May 26, 2017
The labour ministry received several representations stating that the move will leave more money with workers for expenditure and reduce employers liability, which will eventually perk up economy.
Now, transfer, deposit Provident Fund benefits online, says Labour Ministry
Fri, May 19, 2017
"Such move is likely to benefit 4.5 crores EPF subscribers and around than 54 lakh pensioners," the Ministry said.
Single form soon for firms to enrol with EPFO, ESIC
Sun, Mar 05, 2017
Similarly, ESIC provides mandatory health cover to formal sector workers and facility of cashless health treatment.