by AIP Online Bureau | May 26, 2024 | Data, Workplace/Employee Benefits
The EPFO net payroll addition stood at 1.47 crore members during FY24, amounting to a year-on-year rise of 6.3 per cent from 1.39 crore members in the corresponding period of the previous year New Delhi: There has been a decline in annual as well as quarterly...
by AIP Online Bureau | May 8, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation
India presently has social security agreements with 21 countries. These agreements ensure continued social security coverage for employees from these nations on a mutually reciprocal basis. When citizens from these countries take up employment in each other’s...
by AIP Online Bureau | Mar 25, 2024 | Data, Eco/Invest/Demography, Pension & Social Security
A noticeable aspect of the data is the dominance of the 18-25 age group, constituting a significant 56.41 per cent of the total new members added in January 2024 indicating the majority of individuals joining the organized workforce are youth, primarily first-time job...
by AIP Online Bureau | Feb 10, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security
“The EPFO’s apex decision making body Central Board of Trustees (CBT) has decided to provide 8.25 per cent rate of interest on EPF for 2023-24 at its meeting on Saturday,” a source said New Delhi: Retirement fund body EPFO on Saturday fixed a three-year...
by AIP Online Bureau | Sep 29, 2023 | Indian News, Pension & Social Security, Policy
The deadline for uploading wage details which was ending on September 30 has been extended following representations from Employers & Employers’ Associations, according to a labour ministry’s release New Delhi: Retirement fund body EPFO has given three...
