News for 'employees provident fund'

Investing provident fund money in PE funds would be a disaster

Investing provident fund money in PE funds would be a disaster

Rediff.com27 Jul 2015

Private-equity funds made an average annual return of just 7 per cent between January 2007 and December 2013 while the Sensex was up 11 per cent.

18 killed, 24 injured in Nagpur explosives factory blast

18 killed, 24 injured in Nagpur explosives factory blast

Rediff.com1 Mar 2026

A blast at an explosives manufacturing factory in Nagpur, Maharashtra, resulted in the death of 17 people and injuries to 18 others. Rescue operations are underway.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

It's unfair to oppose the tax on provident fund

It's unfair to oppose the tax on provident fund

Rediff.com2 Mar 2016

The overall message to the middle class is: the days of freebies are over.

BofA In SEBI Probe Over Confidential Deal Data Leak

BofA In SEBI Probe Over Confidential Deal Data Leak

Rediff.com8 Jan 2026

India's market regulator has found that Bank of America shared confidential details ahead of a 2024 block trade and later misled regulators during the investigation.

How EPF Compounds But Inflation...

How EPF Compounds But Inflation...

Rediff.com6 Jan 2026

While EPF rewards patience and compounds your money, inflation decides how far your money really goes.

Trade unions to go on strike in Feb, demand withdrawal of labour codes

Trade unions to go on strike in Feb, demand withdrawal of labour codes

Rediff.com9 Dec 2025

Trade unions have decided to launch a phased, consistent struggle to press for the withdrawal of the labour codes and go on a countrywide general strike in February next year, a statement said on Tuesday. The date of the strike will be announced on 22nd December 2025 in the next meeting of the joint forum of central trade unions, a statement said.

EPF Withdrawal Made Simpler? What It Means For YOU

EPF Withdrawal Made Simpler? What It Means For YOU

Rediff.com20 Oct 2025

EPFO has simplified PF withdrawals -- fewer rules, faster access, and more flexibility -- while introducing safeguards that make it harder to drain your retirement savings too early.

Arrest warrant issued against Robin Uthappa

Arrest warrant issued against Robin Uthappa

Rediff.com21 Dec 2024

The police went to Robin Uthappa's house to issue a notice. Since he does not reside at that address at present, a warrant has been executed for the former cricketer.

Why IT Firms Face 5-10% Payroll Hike

Why IT Firms Face 5-10% Payroll Hike

Rediff.com24 Nov 2025

'Companies will need to revisit compensation structures, contracts, staffing models, and human resources system.'

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

Rediff.com20 Dec 2025

'It will increase the contribution to gratuity, which is something the employer has to give.'

Scamsters alter Aadhaar details of employees to withdraw PF money

Scamsters alter Aadhaar details of employees to withdraw PF money

Rediff.com12 Jun 2023

The Central Bureau of Investigation has arrested a man for allegedly altering Aadhaar card details to withdraw Provident Funds of unsuspecting persons through online claims, officials said on Monday.

Now you can make final PF pension withdrawal after 3 years

Now you can make final PF pension withdrawal after 3 years

Rediff.com14 Oct 2025

The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

Formal Hirings Drop 3% in Jan

Formal Hirings Drop 3% in Jan

Rediff.com21 Mar 2025

Of the 823,000 new subscribers in January, the share of young people (18 to 25 age group) declined to 57.07% (470,000) from 57.28% (485,066) in the preceding month.

EPFO subscribers may soon withdraw claim amounts via ATMs

EPFO subscribers may soon withdraw claim amounts via ATMs

Rediff.com13 Dec 2024

Subscribers of the retirement fund body EPFO may soon be able to withdraw claim amounts from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly said that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce.

Lessons To Learn From The Tatas

Lessons To Learn From The Tatas

Rediff.com30 Jan 2026

Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.

PM-VBRY: What Job Seekers Need To Know

PM-VBRY: What Job Seekers Need To Know

Rediff.com18 Aug 2025

'To encourage the habit of saving, a portion of the incentive will be kept in a savings instrument of deposit account for a fixed period and can be withdrawn by the employee at a later date.'

Passive investments surge in 2024: Index fund folios double, ETFs up 40%

Passive investments surge in 2024: Index fund folios double, ETFs up 40%

Rediff.com29 Dec 2024

Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts in 2024, buoyed by the sectoral and thematic investing euphoria that has spilled into the passive space.

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

India to grow by 6.3-6.8% in FY26: Eonomic Survey

India to grow by 6.3-6.8% in FY26: Eonomic Survey

Rediff.com31 Jan 2025

India's economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights that the country's economic fundamentals remain strong, supported by a stable external account, fiscal consolidation, and private consumption. It noted that the government plans to strengthen long-term industrial growth by focusing on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods.

The Story Behind World's Longest Sari

The Story Behind World's Longest Sari

Rediff.com9 Feb 2026

Supreet Singh, filmmaker and co-founder of Red Dot Foundation, explains how the 4km long Infinite Saree is a larger campaign against all forms of sexual abuse, including marital rape.

Sitharaman on the merits of next gen GST reforms

Sitharaman on the merits of next gen GST reforms

Rediff.com2 Sep 2025

The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.

White collar terror module: Kashmir starts profiling mosques, madrasas

White collar terror module: Kashmir starts profiling mosques, madrasas

Rediff.com13 Jan 2026

Authorities in Kashmir have initiated a profiling process of mosques, madrassas, and individuals associated with their management following the exposure of a 'white collar' terror module. The enumeration drive focuses on the finances of these institutions and the backgrounds of their personnel.

EPFO adds nearly 22 lakh members in June

EPFO adds nearly 22 lakh members in June

Rediff.com20 Aug 2025

Retirement fund body EPFO recorded a 13.46 per cent year-on-year growth in net member addition of 21.89 lakh in June, according to the latest payroll data released on Wednesday. The Employees' Provident Fund Organisation's (EPFO) provisional payroll data for June 2025 showed a net addition of 21.89 lakh members, marking the highest recorded addition since payroll data tracking began in April 2018, a labour ministry statement said.

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Rediff.com17 Oct 2025

Cyber fraudsters have duped Delhi residents of nearly Rs 1,000 crore so far this year, with investment scams, digital arrests and boss scams emerging as the most common cybercrimes.

How much PF, gratuity did Jet Airways pay to its ex-employees?

How much PF, gratuity did Jet Airways pay to its ex-employees?

Rediff.com17 Jan 2024

The Supreme Court on Wednesday asked the Jalan-Kalrock consortium, the new owners of cash-strapped Jet Airways, how much have they paid towards dues on account of provident fund and gratuity to the former employees of the troubled airline. The top court made the query while commencing the hearing on a batch of petitions, including the one filed by the Jet Aircraft Maintenance Engineers Welfare Association, against the October 21, 2022 order of the insolvency appellate tribunal NCLAT.

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

GLAS Trust's claims: Byju Raveendran to file for $2.5 bn damages

Rediff.com27 Nov 2025

Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim, alongside new evidence in a US court that he says disproves GLAS Trust's allegations that $533 million in 'Alpha Funds' was diverted by the company's founders.

Multiple Bank FDs: More Harm Than Good

Multiple Bank FDs: More Harm Than Good

Rediff.com30 Jun 2025

So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.

Staff contribution towards employee social security funds capped

Staff contribution towards employee social security funds capped

Rediff.com1 Feb 2020

It is proposed to provide a combined upper limit of Rs 7.5 lakh in respect of employer's contribution in a year to NPS, superannuation fund and recognised provident fund and any excess contribution is proposed to be taxable.

Govt to launch 3 employment-linked schemes, says FM

Govt to launch 3 employment-linked schemes, says FM

Rediff.com23 Jul 2024

These schemes will be based on enrolment in Employees' Provident Fund Organization (EPFO), Sitharaman said in the Lok Sabha.

Review Tax Regime, Plan Investments

Review Tax Regime, Plan Investments

Rediff.com3 Apr 2025

Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Rediff.com14 Oct 2025

The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann said in an exclusive interview with Business Standard on Monday. He also said that six states had approached the PFRDA for help in adoption of the scheme.

Local body polls soon? Maha cabinet takes 21 decisions in single day

Local body polls soon? Maha cabinet takes 21 decisions in single day

Rediff.com4 Nov 2025

A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.

Filing ITR? Avoid These Errors

Filing ITR? Avoid These Errors

Rediff.com7 Jul 2025

Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.

Aadhaar not valid as proof of date of birth, says EPFO

Aadhaar not valid as proof of date of birth, says EPFO

Rediff.com18 Jan 2024

As per the circular, Aadhaar is also being removed from the list of documents for correction in date of birth.

COMING SOON: Withdraw EPF Money At ATMs

COMING SOON: Withdraw EPF Money At ATMs

Rediff.com17 Dec 2024

By June 2025, financial freedom will be just an ATM away. Pleasantly surprised? But there's more, says Ramalingam Kalirajan

EPF: How To Withdraw Smart, Protect Your Corpus

EPF: How To Withdraw Smart, Protect Your Corpus

Rediff.com7 Oct 2025

When and how you can access EPF money before retirement without jeopardising your long-term retirement savings.

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.