IRTSA - Memorandum to Minister of Finance - Rationalisation of Tax free Income on Provident Funds Memorandum to Hon'ble Minister of Finance - Rationalisation of Tax free Income on Provident Funds - Request for reconsider the budget proposal to restrict tax exemption for the interest earned on … [Read more...] about IRTSA – Memorandum to Minister of Finance – Rationalisation of Tax free Income on Provident Funds
Employee Provident Fund
Central Government will pay the PF amount for the three months of June, July and August
Central Government will pay the PF amount for the three months of June, July and August 2,500 crore has been allocated for this purpose. This will benefit 3.67 lakh companies and 72.25 lakh employees. Since the government pays the amount of PF, the companies have a saving of Rs 6,500 crore. In the … [Read more...] about Central Government will pay the PF amount for the three months of June, July and August
Clean up the employees’ pension scheme
Clean up the employees’ pension scheme Though a majority of organised workers are covered under the Employees’ Pension Scheme (EPS) 1995, there is still very low transparency level. Many readers might not have even heard about it because EPS is not a separate scheme. It is just an add-on to the … [Read more...] about Clean up the employees’ pension scheme