EPF and ESI Reforms for Inclusive Labor Protection
Regarding reforms in the Employee Provident Fund (EPF) and Employee State Insurance (ESI) with a focus on the betterment of laborers in the unorganized sector across India
EPF
Central Government Notifies Implementation of New Regulations for EPS
The Ministry of Labour and Employment in India has issued a notification that certain provisions of the Code on Social Security, 2020 shall come into effect on May 3, 2023
Increase in Employer’s Contribution under EPS
The Ministry of Labour and Employment in India has issued a notification on May 3, 2023, to bring into force the relevant provisions of the Code on Social Security, 2020, in compliance with the directions of the Hon’ble Supreme Court.
EPF Subscribers to Receive 8.15% Interest Rate for FY2022-23
The Central Board of Trustees (CBT) for the Employee Provident Fund (EPF) has recommended an 8.15% annual rate of interest to be credited to EPF accumulations for the financial year 2022-23
New joint option for higher pension by EPF Pensioners
Regarding the new joint option for higher pension for EPF pensioners.