Retirement fund body EPFO is expected to launch online facility for settlement of claims, including EPF withdrawal and pension fixation, by May this year to put an end to tedious paper work by its members.Read News

Nearly 15 crore people subscribed to employees provident fund scheme will earn interest at the rate of 8.65 per cent on their savings in 2016-17. This is the lowest in the last seven years. The decision was taken at the 215th meeting of the Employees Provident Fund Organisation (EPFO)'s central board of trustees.Read News

President Pranab Mukherjee delivered the opening address at an international conference organized to mark the 50th anniversary of the United Nations Commission on International Trade Law (UNCITRAL). Read News

In a significant verdict, the Supreme Court has held that the principle of 'equal pay for equal work' has to be made applicable to those engaged as daily wagers, casual and contractual employees who perform the same duties as the regulars. Read News

Often, when people change jobs, they end up creating new employee provident fund (EPF) accounts, instead of transferring the old one to the new employer. Part of the reason for this was that employees found the transfer process complicated and preferred to open a new account instead.Read News

In a bid to dissuade government employees from going on a country-wide strike scheduled on Friday, the Centre decided to pay two years pending bonus of central government's employees. Read News

India has unveiled a new National Intellectual Property Rights Policy to safeguard commercial interests arising from creativity - like music, books, industrial drawings, software and even drugs and pharmaceuticals.Read News

If you wish to watch a movie at an odd hour, grab a bite or even shop at a mall, the rules at least won't come in the way. A model law the government is proposing for states to replicate will allow such establishments to operate round the clock. Read News

The labour ministry eased the planned restriction on withdrawal of contribution to the employees' provident fund. It said withdrawal can be allowed for housing, major medical treatment for self and family members, medical, dental and engineering education of children, and for their marriage.Read News

Monsanto Co, the world's biggest seed company, threatened to pull out of India on Friday if the government imposed a big cut in royalties that local firms pay for its genetically modified cotton seeds. Read News