The answer isn’t straightforward. While Mr. A has the choice to opt out, Mr. B doesn’t—thanks to the rules governing EPF eligibility. The fine print of opting out Most new employees can opt ...

KUALA LUMPUR: Reducing the Employees Provident Fund (EPF) contribution rate for foreign workers from the proposed 12% to 2% has implications for the financial security and social protection of ...

JOHOR BARU: While there are foreign workers here hoping for a higher Employees Provident Fund (EPF) contribution rate of 2%, others are just happy to be included in the social protection scheme.

The Employees’ Provident Fund Organisation (EPFO) has settled claims of five crore subscribers in financial year 2024-25. Claiming that the achievement is a record, Union Labour Minister Mansukh ...

Image Source : X/@SOCIALEPFO There are three major schemes under the ELI Scheme. EPFO users alert: There is a major update related to the activation of the Universal Account Number (UAN ...

Employees Provident Fund Organisation (EPFO) has announced to extend the last date for UAN activation and aadhaar seeding in bank account of all the employees till Feb 15, 2025. This deadline has ...

Two employees at Provident Hospital were stabbed Monday afternoon, authorities said. At about 1 p.m., a man armed with a “sharp object” stabbed a 56-year-old man in the chest at the hospital ...

The Employees' Provident Fund Organization (EPFO) has made updates to the member profile updation process to simplify it, benefiting 3.9 lakh members with pending requests. These members now have ...

The Employee Provident Fund, the largest pension fund in Sri Lanka, has a total of 21.5 million of member accounts and 77,000 active employers who remit contribution. At the end of October 2024, the ...

In this week's Banking news roundup: Provident Bank announces its new chief lending officer; the SEC's acting chairman asks a federal court to delay scheduling cases involving a rule on ...

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