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Finance ministry mulls hiking minimum pension
Labour committee has suggested doubling the pension to Rs 2,000 per month under EPS.
EPFO says it will stick to 8.65% rate for FY19
The finance ministry has objected to the proposal for increasing the payout for 2018-19 to 8.6...
Getting organised: 25% of unorganised workforce may get minimum pension
The labour ministry plan is to give a minimum guaranteed pension to 1...
EPFO to be sole regulator for all categories of PFs: Parliamentary panel to Labour Ministry
The Committee is convinced that a strong regulatory system should be in place for all PF trusts.
Market Movers: Goyal named interim FM, bullish growth projections & Priyanka in active politics
A lowdown on top macro triggers that may move market on January 24, 2019.
Finance ministry mulls hiking minimum pension under EPS
The govt spends about Rs 9,000 crore per annum on pensions under the Employee Pension Scheme.
Market movers: Duties on imported electronic parts may be put on hold; China slaps dumping duty on Indian chemicals & more
Here’s a lowdown on top macro triggers that may move market on January 23, 2019.
EPFO to consider widening range of ETF investments tomorrow
The EPFO had started investing in ETFs in August 2015 with a mandate of investing 5 per cent of its investible deposits in the equity linked scheme.
EPFO may allow tweak in equity investments
Risk-averse EPFO subscribers may also get the option to reduce their equity contribution under the plans being considered, said a govt official.
Domestic help, others may get PF benefits
The move follows the Pradhan Mantri Shram Yogi Maan Dhan pension scheme unveiled for unorganised sector workers.
EPFO recovers Rs 459 crore PF dues out of Rs 1,251 crore outstanding in 2018-19
The total backlog or outstanding provident fund dues of EPFO during 2018-19 was Rs 791.63 crore, Labour Minister Santosh Gangwar said in a written reply to the Rajya Sabha.
GIPS adoption on D-Street can help asset allocators find right managers
The investment industry employs many different types of professionals.
View: Government has simply not created new jobs, writes Yashwant Sinha
India’s level of unemployment is a marker of future social unrest among the youth.
EPFO cuts administrative charges; firms to save Rs 900 crore
The EPFO had reduced administrative charges from 1.10 per cent to 0.85 per cent from January 1, 2015. It was further reduced to 0.65 per cent from April 1, 2017.
ESIC payroll data suggest 1.6 crore new jobs created in 13 months till September: CSO report
As many as 12.14 lakh new member had joined the Employees' State Insurance Scheme in September, stated the report of Central Statistics Office.
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