Last date for EPFO pensioners to submit life certificates is January 15

Providing breather to its around 50 lakh pensioners amid difficulties being faced in banks due to demonetisation, retirement fund body EPFO has extended the last date for submission of life certificate till January 15. “Employees’ Provident Fund Organisation (EPFO) has directed its over 120 field offices that the last date for submission of life certificate… Continue reading

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PF Money Transfer Becomes Easier, Here Is The New Rule

The Employees’ Provident Fund Organisation (EPFO) has further eased the norms for those who want to transfer their PF deposits on change of jobs. Retirement fund body EPFO has introduced a declaration form (new Form No 11), replacing the existing one. This new form contains a declaration by a person about his previous employment, KYC… Continue reading

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After GST, focus is on labour reforms

The government is gearing up for bold labour reforms after putting the goods and services tax (GST) back on track. An inter-ministerial group on labour headed by finance minister Arun Jaitley is slated to meet on September 15 to reconsider the labour ministry’s proposal to introduce two legislations aimed at significantly enhancing ease of doing… Continue reading

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Security Guards To Get Minimum Monthly Salary Of Rs. 15,000

The government’s move to link some of its flagship programmes such as Skill India, Make in India and Start-up India will help more than 50 lakh security guards, Labour Minister Bandaru Dattatreya said. Speaking at a conclave of private security industry organised by Ficci here, he said the ministry will soon categorise security guards as… Continue reading

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Employees State Insurance Raises Wage Threshold To Rs 21,000

The Employees’ State Insurance Corporation (ESIC) has raised the monthly wage threshold to Rs 21,000 from the current Rs 15,000, for coverage under its health insurance scheme. In a meeting held on Tuesday, ESIC’s board also decided to give an option to existing insured persons to continue membership even if their wage breaches the ceiling… Continue reading

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