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The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
The Export-Import Bank of India ( Exim Bank) is a specialized financial institution in India that was established in 1982. The bank's primary function is to finance, facilitate and promote India's international trade. It is owned by the Government of India and operates as a statutory corporation. Its operations are governed by the Export-Import ...
Indian labour law refers to law regulating labour in India. Traditionally, the Indian government at the federal and state levels has sought to ensure a high degree of protection for workers, but in practice, this differs due to the form of government and because labour is a subject in the concurrent list of the Indian Constitution.
One of the biggest retirement fears is a reduction in Social Security benefits. Here's what advisers say to do to prepare.
Public Provident Fund (India) The Public Provident Fund ( PPF) is a savings-cum-tax-saving instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits. [2]
Coal Mines Provident Fund Organisation (CMPF) is an agency of the Indian government established in 1948 under The Coal Mines Provident Fund and Miscellaneous Provisions Act 1948. [1] It serves as the official pension fund of coal miners and is financed by coal producers on a per-tonne basis. [2] The fund pays the pensions of about 500,000 former coal miners, and has been considered financially ...
The only requirement was a $10 electronic registration fee, which eased barriers to participate but created an unintended opening for companies and employees to flood the agency with applications.
Shram Suvidha is a Web Portal to provide a single platform for all labour compliances.The Unified Shram Suvidha Portal is developed to facilitate reporting of Inspections, and submission of Returns. The Unified Shram Suvidha Portal has been envisaged as a single point of contact between employer and enforcement agencies bringing in transparency ...