Robin Uthappa, director of Centaurus Lifestyle Brands, is accused of deducting PF contributions from salaries but failing to deposit the funds into employee accounts.
The retirement fund body added 10.52 lakh new members in July—an increase of over 2.66 percent from June. Maharashtra alone contributed 20.21 percent of the total new additions.
Retirement fund body has seen rise in earnings from capital gains from equity. Its earnings are distributed among its subscribers, with EPFO retaining a small surplus.
Senior official says govt always has a buffer or surplus from returns it makes on EPFO’s investments, which ensures that employees’ savings remain protected.
The recent resignations of its seniormost judges are among the most pointed institutional protests Pakistan has witnessed since the lawyers’ movement of the late 2000s.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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