by AIP Online Bureau | Sep 16, 2023 | Data, Eco/Invest/Demography
“If this trend continues for the whole fiscal then in FY24, the net new payroll cross the 160 lakh mark (highest-ever) with first payroll in the range of 70-80 lakh,” it said The research report further said NPS data indicates that 8.24 lakh new...
by AIP Online Bureau | Aug 13, 2023 | Data, Eco/Invest/Demography, Pension & Social Security
Minister of State for Labour and Employment Rameswar Teli said the Code on Social Security, 2020 envisages social security benefits through formulation of schemes for gig and platform workers that can be implemented through EPFO and Employees’ State Insurance...
by AIP Online Bureau | Jun 26, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation
This is the second extension of the deadline for applying for a higher pension. Earlier, it was extended from May 3, 2023, to June 26, 2023. The last opportunity of 15 days is being given to remove any difficulty faced by the eligible pensioners/ members, the...
by AIP Online Bureau | May 21, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Workplace/Employee Benefits
Among the newly joined members, the highest enrolment is registered in the age group of 18-21 years with 2.35 lakh members, followed by the age group of 22-25 years with 1.94 lakh members.The age-groups of 18-25 years constitute 56.60 per cent of total new members...
by AIP Online Bureau | May 4, 2023 | Indian News, Pension & Social Security, Workplace/Employee Benefits
”It has been decided to draw 1.16 per cent additional contribution from within the overall 12 per cent of the contribution of the employers into the provident fund,” a labour ministry statement issued late in the evening on Wednesday said New Delhi:...
