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21.67 Lakh New Workers Enrolled In ESIC Scheme In June, 10.58 Lakh Young Employees | Personal Finance News

New Delhi: The Centre on Thursday informed that 21.67 lakh new employees were enrolled under the ESIC scheme in June, ensuring social security to more workers.  The year-on-year (YoY) analysis showed a growth of 7 per cent in net registrations compared to June 2023. As per provisional payroll data of ESIC (Employees’ State Insurance Corporation), […]
ABHISEK RAJPUT
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EPFO: New Software, Portal To Simplify Process Of Surrendering Exemptions To Be Launched Soon | Personal Finance News

New Delhi: The Ministry of Labour & Employment a new software and portal will be launched shortly to simplify the process of surrendering exemptions. In a release, the Labour Ministry said, “In an effort towards standardizing procedures, EPFO has, for the first time, published elaborate Standard Operating Procedures (SOPs) and manuals encompassing all procedures relevant […]
ABHISEK RAJPUT
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PF Withdrawal: 5 Cases Where TDS Is Not Levied On Withdrawal From Employees Provident Fund Scheme | Personal Finance News

New Delhi: Provident Fund (PF) is one of the safest investment instruments for lakhs of working-class professionals. The amount deposited in the EPF account of an investor can be withdrawn at the time of retirement, resignation and other emergency circumstances.  Only in the case of resignation from service (not superannuation) a member has to wait […]
ABHISEK RAJPUT
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