EPFO keeps interest rate on provident fund deposits unchanged at 8.5%

The interest rate had been reduced to a seven-year low of 8.5% in March last year.

Scroll Staff

· Mar 04, 2021 · 03:32 pm

Provident fund interest rates lowered from 8.65% to 8.50% for 2019-’20, says Centre

Labour minister Santosh Gangwar said the EPFO’s trustees had decided to reduce the rate for this financial year.

Scroll Staff

· Mar 05, 2020 · 01:25 pm

Overworked and underpaid, India’s ‘gig workers’ are survivors of a flawed economy

1.5 million drivers work for ride-hailing companies in India. Most have no insurance, no pension plan and no overtime.

Prachi Salve, IndiaSpend.com

 & 

Shreehari Paliath, IndiaSpend.com

· Jun 07, 2019 · 08:30 pm

EPFO hikes interest rate from 8.55% to 8.65%, says Union minister Santosh Gangwar

The proposal by the Central Board of Trustees requires approval from the Finance ministry.

Scroll Staff

· Feb 21, 2019 · 05:08 pm

Was it right for a White House employee to write an anonymous article exposing Donald Trump?

Loyalty is staying committed to the values of an institution and that might mean challenging the person temporarily in charge.

Andre Spicer, The Conversation

· Sep 09, 2018 · 08:30 pm

Your PF account will be transferred automatically when you change jobs if you have Aadhaar: Centre

The facility will be provided starting September, the government said.

Scroll Staff

· Aug 11, 2017 · 11:37 am

PF is not going to be reduced by 2% after board rejects proposal

Representatives of unions and the government had strongly opposed the idea.

Scroll Staff

· May 28, 2017 · 10:35 am

You can now make EPF withdrawals for medical reasons with a self-declaration

Applicants no longer need to submit a doctor’s certificate or proof of an employer’s approval, according to the Labour Ministry’s latest notification.

Scroll Staff

· Apr 28, 2017 · 02:13 pm

Microsoft India extends paternity leave from two weeks to six weeks

The company also introduced caregiver benefit to take care of an ailing immediate family member.

Scroll Staff

· Apr 22, 2017 · 06:45 pm

Uber’s quasi union could be a Faustian bargain for drivers

The company's move to establish a drivers association is akin to the 'yellow unions' of the 1930s.

Sarah Kaine and Emmanuel Josserand, The Conversation

· May 12, 2016 · 11:30 pm

Uber’s $100 million settlement with drivers in US settles very little – here’s why

The deal, in which drivers won't pursue their claim to be employees in exchange for the cash and other changes, raises more questions than it answers.

Alan Hyde, The Conversation

· Apr 27, 2016 · 03:30 pm

Liberal 'Hindu' newspaper reiterates no-meat policy in office, sparks debate on vegetarian fundamentalism

Many companies enforce a vegetarian-only policy for employees opening their lunchboxes in office dining areas.

Aarefa Johari

· Apr 18, 2014 · 07:12 am