Business

What will be the impact on EDLI insurance cover due to EPFO ​​wage ceiling of ₹ 25,000? Claim can increase from ₹ 7 lakh to ₹ 10.50 lakh, understand the complete mathematics

The historic decision of increasing the statutory wage ceiling of mandatory coverage under the Employees’ Provident Fund Organization (EPFO) from ₹ 15,000 to ₹ 25,000 per month has been implemented by the Central Government. With this first major amendment since 2014, about 51 lakh more formal employees across the country …

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After falling throughout the day, gold became a rocket in the evening, gold rose by ₹ 3000 and silver rose by ₹ 6200; Know the new target till Diwali

Thursday’s trading session in the major bullion markets of the country proved to be like a thriller film for investors and jewelery buyers. From the early morning trading till the afternoon session, there was a continuous sluggishness and softness in the prices of precious metals, due to which the fears …

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ITC gave a big gift to its employees, distributed more than 7 lakh shares; 35% broken stock, will it show its strength now?

Indian stock market giant FMCG and tobacco manufacturing company ITC Ltd has made a big announcement for its employees. The company has allotted lakhs of new equity shares under the Employee Stock Option Scheme (ESOP) to its eligible employees. In the official notice given as per the regulatory rules of …

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Big meetings of 8th Pay Commission begin, how much will be the change from salary to pension? Know the main demands of the employees

The stir regarding the 8th Pay Commission constituted for lakhs of central government employees and pensioners has intensified. Important phased meetings of the Commission with stakeholders, employee unions and pensioner associations have started in different cities of the country. After Puducherry, Chennai and Jaipur, now three-day high-level meetings are going …

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Bumper interest up to 8.50% for senior citizens on FD of 501 days: How much return will you get on depositing ₹ 5 lakh? understand the full story

Fixed Deposit (FD) has always been the first choice for investors, especially senior citizens, seeking safe and guaranteed returns. In recent times, many small finance banks have revised their deposit rates, in which Unity Small Finance Bank’s 501 days special FD scheme is in the news. For this special period …

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PF rules changed after 12 years: Wage limit increased from ₹ 15,000 to ₹ 25,000, big benefit to more than 51 lakh employees due to the approval of the Union Cabinet

A big historic decision has come out for crores of salaried employees working in the organized sector of the country and those who are outside the scope of social security. The Union Cabinet meeting chaired by Prime Minister Narendra Modi has formally approved the proposal to directly increase the statutory …

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From generating UAN to balance and complaint: Easy answers to 8 big questions related to EPFO

The Employees’ Provident Fund Organization (EPFO) manages the retirement savings, pension and insurance protection of crores of organized sector employees in the country. Today, EPFO ​​has made most of its administrative functions completely online through the Unified Member Portal and UMANG app. Often employees face difficulties while changing jobs, checking …

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When the wheels of DTC buses stopped in Delhi, Delhi Metro took charge: DMRC will run 20 extra trips and 8 extra trains, passengers will get big relief.

The bus services of Delhi Transport Corporation (DTC), one of the strongest links of public transport in the country’s capital Delhi, have been badly affected due to the strike of contract drivers. Lakhs of daily commuters are facing huge problems at various areas, bus stops and major terminals of Delhi …

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