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 …
Read More »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 …
Read More »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 …
Read More »Huge fluctuations continue in the domestic stock market, know the movement of Asian markets
Indian domestic stock market has been witnessing continuous ups and downs for the last few days. Amidst mixed signals from global markets and selling by foreign institutional investors (FIIs), the Indian stock market sometimes falls into the deep waters of recession and sometimes tries to recover with the support of …
Read More »Extortionate service charge in restaurant bill, CCPA takes strict action on customer’s complaint
A very big and warning news has come out for the hotel and restaurant industry across the country. It is often seen that when people go out for dinner or lunch with family or friends, apart from VAT and GST, an additional amount is added to the food bill as …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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