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Latest from provident fund

No individual can own more than one PPF account: Govt

  • The department of economic affairs, under the ministry of finance, which has released the circular also asked not to send any such proposal for consideration of merging of PPF accounts opened under the PPF rules, 2019.
According to the PPF rule 2019, a person can't have more than one such account against their name.
According to the PPF rule 2019, a person can't have more than one such account against their name.
Published on Mar 03, 2022 08:12 PM IST
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By, New Delhi

News updates from HT: PF rules change for Air India employees

Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times.
Air India has officially been handed over to the Tata Group after all formalities of the divestment process was completed on January 27.
Air India has officially been handed over to the Tata Group after all formalities of the divestment process was completed on January 27.
Published on Jan 29, 2022 04:47 PM IST
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By, New Delhi

Govt looking at raising tax-free PF limit to 5L

Tax professionals and PF experts, however, said the amendment to raise the threshold limit from 2.5 lakh to 5 lakh only benefited the government employees, which was discriminatory.
Experts said the new regime provides for grandfathering of earlier contributions.(HT File Photo)
Experts said the new regime provides for grandfathering of earlier contributions.(HT File Photo)
Published on Jan 22, 2022 04:43 AM IST
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ByRajeev Jayaswal, Hindustan Times, New Delhi

4-day work-week, change in salary: India's new labour codes likely in FY 2022-23

If the new labour codes are implemented, there's a likelihood that employees in India may be able to enjoy a four-day workweek from next year, as opposed to the current five-day workweek.
There would be a reduction in the take-home pay of employees and firms will have to bear a higher provident fund liability. (File Photo / Representational Image)
There would be a reduction in the take-home pay of employees and firms will have to bear a higher provident fund liability. (File Photo / Representational Image)
Updated on Dec 20, 2021 11:19 AM IST
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Written by Joydeep Bose | Edited by Amit Chaturvedi, Hindustan Times, New Delhi

Avail benefits of up to 7 lakh under EPFO's Deposit Linked Insurance Scheme

Account holders are eligible for assured life insurance benefits, without having to pay any premium.
Employees’ Provident Fund Organisation (EPFO/HT Photo)
Employees’ Provident Fund Organisation (EPFO/HT Photo)
Published on Dec 05, 2021 03:37 PM IST
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By, New Delhi
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Thursday, May 19, 2022