bibleHR

Government proposes to hike Gratuity limit to 20 Lakhs

If decisions are made final, private sector employees could receive gratuity up to ₹20 lakhs, doubling up the existing limit of ₹10 lakhs after leaving an establishment with minimum 5 years of continuous service. The move is intended to bring parity between private and public sector employees since as part of the Seventh Pay Commission recommendations […]

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bibleHR

PF Composite Claim Form: New Form to replace existing Forms

Employees’ Provident Fund Organisation with a view to make its services available to its stakeholders in an efficient and transparent manner. EPFO has since implemented Universal Account Number (UAN) for its subscribers. It is now possible for subscribers, who have seeded with Aadhaar number and Bank account details, to submit claim forms directly to EPFO […]

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bibleHR

Online PF Withdrawal facility will be launched soon

Update 01 May, 2017: Online PF withdrawal application launched Employees Provident Fund Organisation is planning to settle all the claim applications through online within Three Hours. Employees Provident Fund Organisation is expected to launch online facility for claim settlements, including pension fixation and EPF withdrawal by May 2017 to put an end to tiresome paper works. At present, […]

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bibleHR

Major Labour Law Changes 2016-17 Updates

Reforms in labour laws are an ongoing process to update legislative system to address the need of the hour and to make them more effective and contemporary to the emerging economic and industrial scenario. Accordingly, Ministry of Labour & Employment have taken several reform initiatives, both legislative reforms as well as Governance reforms through use […]

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