Provident Fund

  • India

    India's New Labour Codes: Comprehensive Guide to Salary Restructuring, Benefits and Working Conditions

    Nov 24, 2025 10:25 pm CST

    India's comprehensive labour code reforms consolidate 29 laws into four streamlined codes, enhancing worker protections while offering businesses greater flexibility. Key changes include standardized 48-hour workweeks, gender discrimination elimination, 50% allowance caps affecting retirement benefits, formal recognition of gig workers, and strengthened job security measures aimed at creating a modern, equitable workforce.

  • EPFO Simplifies Provident Fund Withdrawal Rules: Complete Guide to 100% Balance Access and New Digital Services

    EPFO Simplifies Provident Fund Withdrawal Rules: Complete Guide to 100% Balance Access and New Digital Services

    Oct 14, 2025 03:51 pm CST

    The Employees' Provident Fund Organisation has revolutionized its withdrawal system by allowing members to access up to 100% of their EPF balance. The new framework consolidates 13 previous rules into three categories, increases education and marriage withdrawal limits, and introduces the Vishwas Scheme to resolve payment disputes. Additionally, EPFO 3.0 brings digital transformation with instant settlements and automatic contributions, serving over 30 crore members more efficiently.