Other Briefings
Increase in Employment as Subscribers Under EPFO Grow to 14.5mn in FY2023-24
India’s preliminary payroll data shows 14.5 million net members were added to EPFO in FY’24, indicating steady rate in employment generation.
EPFO in India Mulls Raising Monthly Minimum Wage Ceiling After a Decade
India’s Employees’ Provident Fund Organization (EPFO) is reportedly considering raising the monthly minimum wage ceiling from INR 15,000 to INR 21,000 to improve monetary coverage and bring under its purview millions of informal workers.
India Hopes to Replace Minimum Wage with Living Wage Standard by 2025: What We Know
India is working with the ILO to establish a living wage standard that covers housing, healthcare, food, education, and clothing expenditure. The aim is to have this ready by 2025.
Why Foreign SMEs Consider Payroll Outsourcing in India
Many SME companies in India, including foreign firms, are actively outsourcing their payroll services to ease the compliance burden and focus on core business growth goals.
More Women Are Now Part of India’s Expanding Manufacturing Workforce
In India, gradual efforts are being made to ensure that more women are participating in the workforce, including in male-dominated manufacturing jobs. We discuss latest industry hiring trends and challenges facing the Indian economy in meeting gender parity targets.
The OSH Code, 2020: A Primer
The yet to be implemented Occupational Safety, Health, and Working Conditions (OSH) Code, 2020 will subsume several existing HR regulations.
India to Push for Social Security Agreement with the US at Trade Policy Forum Meeting
India has supplied comprehensive data on its social security programs to the United States, as it seeks an agreement to prevent double insurance liability for temporary workers.
EPFO Extends Deadline for Employers in India to Upload Wage Details for Higher Pensions by May 31, 2024
The EPFO has extended the deadline by five months for employers to submit wage details for members eligible for an increased pension. We discuss pertinent details for compliance.
