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EPF new rules: EPFO issues SOP on how to freeze, defreeze UAN
In order to detect probable situations of suspicious accounts or transactions where there may be a risk of impersonation or fraudulent withdrawals, multiple stages of verification for MIDs, UANs, and institutions will be carried out as part of the SOP. Here is a look at EPFO's latest SOP freezing and defreezing UANs of EPF subscribers.
Russia-Ukraine war: US to provide $2.3 bn in new security aid for Ukraine
The United States will provide Ukraine with a new $2.3 billion security assistance package, including air defense and anti-tank weapons, as Ukraine faces Russian invasion. US Defense Secretary Lloyd Austin announced the support during a meeting with Ukrainian Defense Minister Rustem Umerov, aiming to bolster Ukraine's defense capabilities and counter Russian aggression. This assistance builds on the US commitment of over $51 billion since the Russian invasion began in 2022.
EPFO gross new members addition dips 4% to 1.09 crore in 2023-24: MoSPI report
The gross addition of new members was affected due to the pandemic and declined from 1,10,40,683 in 2019-20 to 85,48,898 in 2020-21. It bounced back to 1,08,65,063 in 2021-22.
Railway launches Sangyaan App to provide in-depth info on three new criminal laws
Besides section-wise analysis and advanced search tools, the app includes other essential legal acts and rules related to railway security, including the Railway Protection Force Act, 1957, the Railway Act, 1989, the Railway Property (Unlawful Possession) Act, 1966, and the RPF Rules, 1987.
India vs England T20 World Cup semi-final: New match rules explained amid rain forecast
India faces England in the ICC Men's T20 World Cup 2024 semifinal amidst rain threat at Guyana's Providence Stadium. Led by Rohit Sharma, India aims for victory, while England, with Jos Buttler and Phil Salt, poses a formidable challenge. The match, lacking a reserve day, may lead to a result based on the Super 8s performance.
MHA provides training, tech help for rollout of criminal laws
The Ministry of Home Affairs in India has trained 40 lakh grassroots-level functionaries and over 5.65 lakh police, prison, forensic, judicial, and prosecution officials to prepare for the rollout of three new criminal laws, the Bharatiya Nyaya Sanhita 2023, Bharatiya Nagarik Suraksha Sanhita 2023, and Bharatiya Sakshya Adhiniyam 2023.
"Play freely, dont think too much...": Rohit Sharma's message to India for T20 WC semi-final against England
India's cricket team captain, Rohit Sharma, encouraged his players to maintain their free-spirited approach ahead of their semi-final clash against England in the ICC T20 World Cup. Rohit's powerful 92-run innings and strong performances from Arshdeep Singh, Jasprit Bumrah, and Kuldeep Yadav led to a 24-run victory over Australia, securing India's place in the semi-finals. Rohit emphasized the importance of playing without overthinking and adapting to conditions, as India prepares to face defending champions England on June 27 in Guyana.
"Very unfair... it is not right": Gautam Gambhir urges ICC to scrap two new-ball rule
Former India cricketer Gautam Gambhir has called for the removal of the two new-ball rule in white-ball cricket, implemented by the ICC in 2011. Gambhir believes this rule unfairly disadvantages finger-spinners by reducing their impact and opportunities in the game. He emphasized the need for an equal platform for all players to showcase their talents and urged the ICC to reconsider the rule to restore the balance between bat and ball.
IOA, WFI to provide extensive support to Olympic-bound wrestlers, accepts Vinesh Phogat's request
IOA and Wrestling Federation of India are planning a support team for wrestlers that will include coaches, physiotherapists, nutritionists, mental-conditioning coaches, and other essential staff in the days leading up to the Olympics.
Mystery pitch awaits crestfallen Pakistan in Twenty20 World Cup cricket match against India
Pakistan captain Babar Azam cannot afford another loss that might put his team's progress to the Super 8 playoff stage in serious danger. Nothing seems to have gone right for Pakistan since the Babar-led team lost the T20 World Cup final against England in 2022. Pakistan lost T20 internationals against Afghanistan, understrength New Zealand, Ireland and England before losing to the U.S in the shock upset on Thursday.
Spirited Afghans clip Kiwi wings, secure 84-run upset win in T20 World Cup
Afghanistan's Rashid Khan and Fazalhaq Farooqi took four wickets each as they defeated New Zealand by 84 runs in a T20 World Cup Group C match. New Zealand was bowled out for 75 while chasing 160, with only two batsmen reaching double digits.
Banks say growing reliance on Big Tech for AI carries new risks
European banking executives express concerns about banks' increasing dependence on big U.S. tech firms due to the boom in artificial intelligence, driven by the popularity of AI applications like OpenAI's ChatGPT for fraud detection and money-laundering.
Major League Cricket selects Remitly as signature partner
Major League Cricket (MLC) has partnered with digital financial services provider Remitly as a Signature Partner for the league's second season. The partnership is a significant milestone as MLC prepares for the tournament's return on July 5 in Morrisville, NC and Grand Prairie, TX. Remitly's digitally native, cross-border payments app will launch exclusive promotions to celebrate MLC fans, including discounts on international money transfers and special offers during the season.
New EPF account rules in May: EPFO made these four major changes to the EPF account, claims process in May 2024
New EPF rules: The changes include an extended facility of auto-settlement, multi-location claim settlement, faster New rule for EPF death claim. Let us take a closer at each of these four changes.
New EPF rules: EPFO relaxes mandatory uploading of cheque leaf image, attested bank passbook for these cases
EPFO eases the requirement to upload image of a cheque leaf and an attested bank passbook. This move will help to expedite the settlement of claims filed online and reduce the number of claims that are rejected
EKI Energy to provide carbon credit services to Azerbaijan-based FARI Solutions
EKI Energy Services will provide carbon credit services for clients of Azerbaijan-based FARI Solutions, managing the entire carbon credit process in Azerbaijan.
New rule for EPF death claim: Now physical claims can be processed without seeding Aadhaar
EPF death claim: The EPFO stated that it has received specific references from field offices indicating that they are unable to seed and authenticate Aadhaar in cases of death of EPF members. Note that Aadhaar details cannot be updated or corrected after a member passes away, which presents challenges for the field offices.
New study challenges benefits of healthcare privatisation
A study published in The Lancet Public Health journal highlights the negative effects of healthcare privatisation, particularly in high-income countries like the US, Germany, Canada, and South Korea. The research, led by the University of Oxford, suggests that privatisation seldom improves the quality of care but is associated with higher profits. It challenges the notion that market competition and flexibility in privately-owned healthcare systems lead to better outcomes.
New EPF auto-settlement claim rules for medical, education, marriage, housing: How to use this facility, eligibility
EPF auto-settlement of withdrawal claims: The EPFO in a press release has announced extending the coverage of auto-settlement of withdrawal claims to marriage, housing and higher education. The auto-settlement claim was earlier available for specified medical illness only. Read on to know who can apply for these claims, documents required to apply and other details.
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