EPF tips: Changing jobs? Here’s how to merge multiple EPF accounts in your UAN

EPF tips: Changing jobs? Here’s how to merge multiple EPF accounts in your UAN

The Universal Account Number (‘UAN’) is a unique 12-digit number that is given to each member of the Employees’ Provident Fund Organization (EPFO). Through the UAN, PF members can easily manage their accounts. Ideally, a member should have only one UAN which can be used throughout their tenure.  Radhika Viswanathan, Executive Director, Deloitte Haskins & … Read more

Indian banking and financial sector at an inflection point

Indian banking and financial sector at an inflection point

The banking and financial services sector offers many investment opportunities. It is closely linked to the economy and has the potential to grow faster than the economy. This is reflected on the fact that the share of financial services in India’s market capitalisation has increased from ~6 per cent in FY01 to ~24 per cent … Read more

Labour ministry defers mandatory Aadhar verification for filing monthly PF returns by 3 months

Labour ministry defers mandatory Aadhar verification for filing monthly PF returns by 3 months

The labour ministry has deferred by three months the mandatory Aadhar verification for filing of monthly provident fund returns by employers. The move is aimed at ensuring statutory deposits are not held back because of this and comes as a breather to both employers and employees. “The date of implementation for filing ECR with Aadhaar … Read more

Rapid digital transformation: A siren call for India’s healthcare – ET HealthWorld

Rapid digital transformation: A siren call for India’s healthcare – ET HealthWorld

by Sumit Goswami Despite the central government’s intentions of increasing its healthcare spend, the second wave of Covid-19 could not save the lives of thousands of people. Worldwide reports and experts say that digitization, with the help of technologies like AI and ML, can save developing economies as India. What India hoped to achieveIn 2021, … Read more