The government is not currently planning any specific changes to the Employees' Provident Fund Organisation (EPFO) scheme as part of the new labour codes, the Labour Ministry informed the Rajya Sabha.
The government has clarified that it is not currently planning any specific changes to the Employees’ Provident Fund ...
The labour ministry will shortly decide on raising EPFO and ESIC wage ceilings, fixing a national floor wage and increasing ...
Employees Provident Fund EPF savings will remain unchanged. The government has confirmed no major alterations to the EPF ...
The move comes alongside a sweeping compliance amnesty, new social security schemes and tighter fund management rules.
India's labour and employment ministry has introduced a comprehensive compliance checklist for employers under the new labour codes, aimed at enhancing accountability and minimizing disputes.
After detailed deliberations, the CBT recommended an annual interest rate of 8.25% on EPF accumulations for the financial year 2025–26.
CHENNAI: Days after reports suggested that the Union Ministry of Labour and Employment may automatically refund inoperative EPFO accounts to bank accounts, experts said this move may face some legal ...
In a major relief for provident fund subscribers, the Ministry of Labour and Employment has approved a pilot project to automatically refund money from small-balance inoperative EPFO accounts without ...
The initiative faces legal, policy and implementation hurdles before it can be made mandatory.