In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
'Where in the world you get 12.5 per cent return of interest?'
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
While looking to give a boost to the mutual fund sector with some contribution from about Rs 5.5 lakh crore (Rs 5.5 trillion) corpus being managed by Employee Provident Fund Organisation, Sebi feels that age restrictions would safeguard investors from 'unnecessary risks' during years closer to their retirement.
The Bill will make it tougher for workers to go on strike.
One popular strategy is to hire contract workers.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
'Workers and employers should be ready for a change demanded by the new dynamism of the economy'
'EPFO's investments this financial year should be Rs 1 lakh crore'
A glance back at some important events that occurred in 2018.
The Vasundhara Raje government's initiatives mark a critical step forward in labour law reforms.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
The deduction will be higher and net take-home pay will fall.
Pawan Kumar, organising secretary of the Bharatiya Mazdoor Sangh (BMS) affiliated to the Rashtriya Swayamsevak Sangh (RSS), tells Aditi Phadnis it will join forces with other trade unions if necessary to oppose the Employees' Provident Fund Organisation (EPFO) provisions in the Union Budget.
Supreme Court allows more instruments to use the biometric card.
If your account is idle for over five years, there could be issues with acquiring EPF details.
'We need to take steps towards ease of doing business.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances