Modi govt amends labour rules to encourage contract jobs
The Narendra Modi government has modified labour rules to encourage fixed tenure or contract jobs…
Government
Provident Fund: EPFO mulls investing in broader set of stocks
Keen on diversifying its investments in exchange-traded funds, the Employees’ Provident Fund Organisation is considering…
If government agrees, PF investment in equity could go up by 50%
From a market standpoint, the game-changing moment came when pension funds in principle started investing…
Tamil Nadu government fixes minimum wages for private nurses
The labour department has fixed the minimum basic pay that private hospitals must pay…
EPFO Mandate
Employees’ Provident Fund Organisation (EPFO) has made it mandatory to file online claims for provident…
Narendra Modi's '7 million jobs' speech: Relying on EPF data alone paints incorrect picture of employment in India
Prime Minister Narendra Modi recently said that “lies were being spread” about the lack of…
Provident funds now turn to equities
India’s biggest pension fund isn’t the only conservative manager of public money now investing in…
EPFO to be paper-free
Employees’ Provident Fund Organisation (EPFO) has set a target for becoming an electronic paper-free organisation…
India to introduce minimum wage for millions of workers
Millions of low-paid domestic workers employed in India under zero-hours contracts are to be paid a minimum wage,…
EPFO's investment in corporate debt to reduce to 20%
The Employees’ Provident Fund Organisation (EPFO) will substantially reduce investing its incremental income in debt instruments due…