A visible exception in the latest reform story is that the Employees’ Provident Funds and Miscellaneous Provisions Act (EPF ...
New social security schemes are coming for self-employed individuals and gig workers. EPFO to formulate PF and pension plans under the Code on Social Security.
Explains the rationale behind consolidating decades-old labour laws into four modern codes and highlights how simplification aims to improve compliance and worker ...
The centre has clarified that the recently introduced Labour Codes will not impact take-home remunerartion given that PF ...
The new labour codes may shrink your take-home salary, but they quietly boost your tax-efficient retirement savings. With basic pay now required to be at least 50% of CTC, employees automatically see ...
The EPF Act continues to operate outside the new Code on Social Security (CSS), even as the Centre has notified all other major provisions of the revamped labour law. To be sure, the CSS under Section ...
Greater clarity is needed on the impact on EPF contributions of employees with basic monthly salaries of over Rs 15,000 and ...
India's new labour laws offer a significant boost to retirement savings. Employees can build a larger corpus by increasing their basic salary component. This change mandates employers to allocate at ...
EPFO’s pro-rata pension method comes under scrutiny as inconsistencies are flagged, potentially impacting higher pension ...