For the purpose of calculation of taxable interest, separate accounts within the provident fund account shall be maintained. As of now, interest earned on provident fund balance is fully exempted from ...
https://www.thehindubusinessline.com/portfolio/news-analysis/earning-less-than-15000month-sc-ruling-on-pf-contribution-may-dent-your-take-home-pay/article26424808.ece ...
The court took note of a case where an employer was including the amount of leave encashment as emoluments for calculating PF dues from the employer as well as employees’ contribution. NEW DELHI: In a ...
In a recent ruling that favours employees, the Delhi High Court has expanded the scope of basic wages to be included for Provident Fund (PF) contribution. Under the PF rules, contribution towards PF ...
Higher pension | EPFO to wait for number of applicants before releasing calculation process The amendments to Employees’ Pension Scheme of 1995 to decide future of Centre’s budgetary support of 1.16% ...
PF Calculator: Media is buzzing with New Wage Code getting implemented from the new financial year. This buzz is from the cue given by the Finance Minister Nirmala Sitharaman who made an announcement ...
India’s four labour codes came into effect on November 21, consolidating 29 legacy laws into a single framework governing wages, industrial relations, social security and workplace safety. For ...
The Supreme Court on March 1 ruled that employers will have to consider allowances such as conveyance, education etc. as part of basic wages for the purpose of provident fund (PF) calculation.