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NEW DELHI: Employees' Provident Fund Organisation's (EPFO) move to allow withdrawals of up to 75% of the corpus will make life easier for its over 7 crore subscribers, while the norms around 25% balance are meant to ensure a healthy kitty, without imposing any restrictions on pension or PF payment at the time of retirement, a top official said. "The idea is to empower members and repose trust. The changes are meant to pave the way for automated settlement of claims," Central Provident Fund commi ...Read More >
(RTTNews) - India's jobless rate rose in September after declining in the previous two months, mainly due to a notable increase in unemployment among women, data from the statistics ministry revealed on Wednesday. The unemployment rate among persons of age 15 years and above climbed to 5.2 percent from 5.1 percent in August, based on a current weekly status approach, according to the Periodic Labor Force Survey of the ministry. The rate peaked at 5.6 percent in May and June. The jobless rate f ...Read More >
(RTTNews) - India's jobless rate rose in September after declining in the previous two months, mainly due to a notable increase in unemployment among women, data from the statistics ministry revealed on Wednesday. The unemployment rate among persons of age 15 years and above climbed to 5.2 percent from 5.1 percent in August, based on a current weekly status approach, according to the Periodic Labor Force Survey of the ministry. The rate peaked at 5.6 percent in May and June. The jobless rate f ...Read More >
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