New Delhi: Many provident fund account holders are set to receive an additional payout from the Employees’ Provident Fund Organisation (EPFO) as part of the annual interest credit on PF balances.
After a lot of questions and confusion about how the new Labour Codes might affect your salary and take-home pay, the Labour Ministry has finally clarified things. On Wednesday, they confirmed that ...
The edtech giant has reportedly paid INR 123.1 Cr to the EPFO for the past 10 months between August 2022 and May 2023 As per EPFO data, BYJU'S made the last PF payment on June 19 for a few employees ...
With Rs 15 lakh CTC, higher PF and gratuity contributions can reduce annual take-home pay by up to Rs 52000, even without a basic salary increase ...
Tamilnad Mercantile Bank (TMB) has launched the online collection of Employees’ Provident Facility (EPF) payments through its internet banking platform, with direct integration between EPFO portal and ...
Provident Fund: Step-by-step guide to withdraw your PF online or offline, the types of withdrawal, what forms to use, limits to partial withdrawal and rules of pension withdrawal. All you need to ...
Employers who proactively redesign compensation using a mix of statutory compliance and tax-efficient components will be better positioned to manage costs while protecting employee take-home pay ...
South Indian Bank (SIB) on Thursday launched Employees’ Provident Fund (EPF) payment services through its Internet banking platform SIBerNet in partnership with the Employees’ Provident Fund ...
Labour Codes propose a 50 per cent wage rule that would impact salary structure, PF contributions and gratuity when fully implemented with final rules. Representational Image Labour Codes 50% Wage ...
From tax perks to higher PF deductions, April 1 brings a major reset to your salary structure. Here's what changes, what you gain, and where you lose.