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PF Update: 8.5% Interest To Be Credited Before Diwali, Check PF Balance Via SMS, Missed call

Providing the much needed relief to over 6 lakh PF Subscribers, the Employees’ Provident Fund Organization (EPFO) is expected to credit 8.5 per cent interest on Provident Fund (PF) before Diwali, as per media reports. As per a report in the Mint, the PF interest credit will take place as the same time as hike …

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Candidate Hiring Experience Is Critical To Attracting The Top Talent

Businesses place a lot of value on customer experience. From the logo, to the UI/UX, the service, the products – everything is well-thought of, and every customer touch point is curated to perfection to maximize conversion. A single bad review on a social platform is all it takes for RCA meetings and confessionals.  What if …

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ITR Filing Relief Rules Notified For Pensioners

The Central Board of Direct Taxes (CBDT) has notified rules and forms granting relief from filing tax returns to pensioners above 75 years of age and to authorise their banks to compute and deduct applicable taxes to be paid to the government.  The Income-tax (26th Amendment) Rules notified by CBDT shows the manner of making a declaration …

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Top Mistakes To Avoid While Filing Income Tax Return (ITR) For AY 2021-22

ITR filing is mandatory for all individuals whose income is over Rs 2.5 lakh and is aged under 60 years. Senior citizens, whose annual income is under Rs 3 lakh, are exempted from filing ITR. In the case of very senior citizens above 75, ITR filing is not required if their income comes only from pension and …

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Supreme Court: Employee Not Estopped From Challenging Terms & Conditions Of Employment If It Violates Statutory Requirement

The Supreme Court observed that employee is not estopped from questioning terms and condition of employment at a stage where he finds himself aggrieved. “It is open for the employee to challenge the conditions if it is not being in conformity with the statutory requirement under the law and he is not estopped from questioning …

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EPFO ​​Has Issued Important Information For 6 Crore Account Holders

New Delhi. If you are also a PF account holder then there is important news for you. Actually, Employees’ Provident Fund has issued an alert to all its customers. EPFO has alerted its 6 crore PF account holders about personal information and download of any kind of app. EPFO has given this information on its Twitter handle. For any …

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L&E Minister: Implementing Social Security Code A Priority

No timeline for rolling out 4 labour codes yet Implementing the Code on Social Security, 2020 and bringing the maximum number of workers under the ambit of social security schemes were the top priorities of the government, according to Labour and Employment Minister Bhupender Yadav. Mr. Yadav told The Hindu on Tuesday that the focus on expanding …

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To Engage Employees In A Hybrid World Of Work, Create A Culture Of Accountability: Pravin Prakash, BYJU’S

The emerging hybrid world of work is shifting conventional HR practices. With the possibility of a long-term remote work option for many employees, HR teams are re-thinking their workplace practices. BYJU’S Pravin Prakash shares key lessons from his experience at the ed tech comppany. Pravin Prakash is the Chief People Officer at BYJU’S. Prior to …

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E-Shram Portal Launched, Budget of Rs 404 Crore Approved, 5 Special Updates Related To Portal

To maintain a database of workers in the unorganized sector, the government on Thursday launched the e-Shram portal. It has been launched by the Ministry of Labor and Employment. A budget of about Rs 404 crore has been approved for the registration of unorganized workers on the e-shram portal. Union Minister of State Rameshwar Teli said that labor …

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