Bad loan recovery process can get worse

Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay. IMAGE: Kindly note the image has......

As linking Aadhaar kicks in, EPF contributor base shrinks

The number of contributors was 46.4 million in July and 44 million in September. Illustration: Uttam Ghosh/Rediff.com Contributors to the Employees’ Provident Fund (EPF) have declined by two......

How safe is your PF money? 10,932 companies caught defaulting

By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115 The law prescribes 30 days as the limit to pay provident funds, an employee’s......

Excess provident fund money has to be returned

Otherwise, EPFO can freeze your account. But seek detailed calculation to verify the numbers Employees are always advised to try and not dip into their provident fund (PF) corpus because it is the......