What is EDLI scheme in EPF? The Employees’ Deposit Linked Insurance (EDLI) Scheme is an insurance scheme provided by the Employees’ Provident Fund Organization (EPFO) in India. It provides life insurance coverage to the employees of organizations that are registered under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. The primary purpose of the […]

Every Employee Provident Fund (EPF) account holder is required to add a nominee to their EPF account. This designation allows the nominee to make withdrawals from the EPF account in the event of any unforeseen circumstances concerning the account holder. After registering the nominee, the EPF member has the option to modify or revise the

The Labour Welfare Fund ( LWF) is a statutory contribution that is managed by state authorities to provide financial assistance and other benefits to labourers and workers in various sectors. It is the responsibility of respective State Labour Welfare Boards to determine the amount and contribution frequency. For instance, certain states are required to submit an

Introduction Let us consider an example to understand how employees’ empowerment has a profound impact on their job satisfaction. Let us say Mr. Keshav is a content writer in the marketing team of ABC Company. Mr. Keshav was skilled and experienced in his work, but he often felt frustrated and unfulfilled because he felt that

In this article, we will understand the importance of productivity and discuss tips for setting up the workplace for productivity. Introduction Let us consider an example to understand why employees’ productivity is essential in the workplace. Let us say Mr. Keshav Singh is a senior content writer working at ABC International Pvt Ltd. He had

Introduction Let us consider an example to understand why managing Returning Employees after holiday breaks is essential. Let us say Mr. Keshav is a content writer in the marketing team of ABC Company. Keshav had gone to Singapore with his family. After a long and much-needed vacation, Mr. Keshav returns to work, ready to tackle

In this Blog, we will be discussing Microsoft Excel Shortcut keys. DATE AND TIME FORMULAS =NOW() Display the current date and time. =TODAY() Display the current date without the time. =DAY(TODAY()) Display the current day of the month (1 – 31). For example, if the current date is 4-09-2022, this formula returns 4. =MONTH(TODAY()) Display

The Shops and Establishments Act regulate the payment of wages, hours of work, the interval for rest, opening and closing hours, holidays, overtime work, annual leave, sick leave, casual leave, condition of employment, etc. Types of Leave under Shops and Establishment Act  Casual Leave (CL) Casual leaves are the leaves provided for urgent or unforeseen