Expatriate Workers Win Landmark Case Against EPF Contribution Requirements

Bengaluru, Karnataka – The Karnataka High Court recently made a significant ruling regarding the inclusion of international workers in the employees’ provident fund and pension scheme. This decision, deemed “unconstitutional and arbitrary” by the court, is expected to have legal implications and affect the status of many expatriates who are part of or have contributed to the social security scheme. The petitioners, representing various sectors such as education, logistics, real estate, and technology, argued that …

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2024 401(k) Contribution Limits Increased to $23,000: Important Retirement Savings Information

Chicago, Illinois – Planning for retirement is a priority for many individuals, and employer-sponsored 401(k) plans play a pivotal role in this endeavor. These plans offer substantial tax benefits while facilitating systematic savings for the future. Employees are able to designate a percentage of their income for automatic deductions, which are then invested in the account. This investment can be allocated among various options, typically including a range of mutual funds. The 401(k) plan, available …

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Health Care Sector’s Contribution to Climate Change Examined in New Study from Brown Researchers

Providence, Rhode Island – A recent study has shed light on the significant impact of the healthcare sector in contributing to the United States’ greenhouse gas emissions, accounting for 8.5% of the total. Researchers at Brown University have highlighted the sector’s role in both fueling climate change and addressing its consequences, emphasizing the urgent need for sustainable practices within healthcare systems worldwide. In a paper published in Current Environmental Health Reports, senior fellow Emily Hough …

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