Latest Updates : Provident Fund

Government of India Approves 8.15% Interest Rate on EPF Deposits: A Boost for Provident Fund Members

The Ministry of Labour and Employment, Government of India, has recently announced a significant decision that will impact millions of employees across the country. According to a circular issued by the ministry, the Central Government has approved the crediting of interest at 8.15 percent for the year 2022-23 to the account of each member of […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

The Minimum wages in Kerala (CPI Index) has been revised with effect from May’2023. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC DA (w.e.f May’2023) TOTAL Special Grade 1 Manager 9330 3952 13282 […]