In February 2024, the Employees’ Provident Fund Organisation (EPFO) revealed the interest rate for the financial year 2023-24 for provident fund deposits, raising it to 8.25% from the previous year’s
Labour Laws
Apprenticeship training is one of the best methods of developing skilled manpower in a country. This formal method provides practice-oriented, industry-led, effective and efficient mode training. The Government of India
The Employees' Provident Funds Organisation (EPFO) has announced an update regarding auto withdrawal claims under Paragraph 68J. As per a circular issued on April 16, the qualifying limit for Paragraph
The Employees' Provident Fund Organisation (EPFO) has been offering its members a facility of automatic transfer of EPF accounts when they switch jobs. Despite its convenience, the facility is not
EPF is a government-run savings scheme that helps employees save money for their retirement, and the scheme provides financial security to employees and their families. However, it is essential to
Introduction 1. Up to a period of ten years from the date of incorporation or registration, if it is incorporated as a private limited company (as defined in the Companies
In the current job market, the skills-focused hiring strategy is seen across hierarchy levels – from junior executives to senior management. An increasing number of Indian and global organisations are
The Public Provident Fund (PPF) along with other small savings deposits may see an increase in interest rates for the January-March 2023 quarter. The interest rates will be revised at
Professional Employer Organizations (PEO) with experience in the local markets can assist the business to improve and grow. A person who wants to expand a freshly formed business in a
Many employees diligently make contributions to EPF account so that they can have good corpus at the time of retirement. Further, if they are covered under the EPS - a
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