The implementation of India’s four new Labour Codes—which consolidate 29 existing laws—marks a significant overhaul of the country’s employment and social security framework. India’s new labour codes introduce major changes to gratuity, Provident Fund (PF), and salary structure, aiming for wider worker protection and formalisation. (AI Image) India’s four new labour codes are: Code on […]
The Employees’ Provident Fund Organisation (EPFO) has rolled out its biggest reform in years to pushback against new withdrawal limits and requirement for a minimum balance. The Employees Provident Fund Organisation (EPFO) is trying to modernise its systems while retaining the sanctity of retirement savings. (HT) The EPFO board has approved a proposal that allows […]
