bibleHR

EPF Interest Rate 8.65% for 2016-17

The ministry of Labour and Employment, has conveyed the approval of the decision to credit 8.65% Interest for Employee Provident Fund deposits for the period 2016-2017. Order: PF Interest Rate 2016-17

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bibleHR

Rs 50,000 loyalty will be paid to EPF Members

The Board of Employees Provident Fund Organisation has decided to pay PF members loyalty-cum-life benefit of up to Rs 50,000/- at the time of retirement, for contributing to the Employees Provident Fund scheme for 20 years or more. The benefit will also be provided in case of permanent disability even if the members have contributed for […]

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bibleHR

Frequently Asked Questions: Maternity Benefits Amendment Act 2017

Update: it is mandatory for employers to extend the benefit of enhanced maternity leave to those workers who were already on maternity leave on the date of enforcement of the New Maternity Benefit Act,2017 wef 01.04.2017. Frequently Asked Questions: Maternity Benefits Amendment Act 2017 Recently ministry of labour has amended Maternity Benefits Act by introducing Maternity […]

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