T C A Anant, former chief statistician to the government, will soon be heading a panel to decide whether the monthly payroll data released by EPFO, ESIC and PFRDA could replace the quarterly enterprises-based survey on job creation by the labour bureau, the prime minister's office decided last week.
Food prices have been on the rise in China this year, pushing the country's inflation rate to 3.4 per cent in May compared with a year earlier, higher than the government's warning level of three per cent.
It is to be funded through a Rs 2400 crore (Rs 24 billion) corpus that has accrued to the Ministry for Social Justice and Empowerment from public sector banks.
Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.
These schemes came into force from June 1.
Retirement fund body EPFO settled 1.21 crore subscriber claims, including withdrawal and transfer of provident fund, in 2013-14, an increase of 13 per cent over the previous year.
Trade unions reiterate the call for countrywide general strike on September 2 against the "anti-worker and anti-people policies" of the government.
Despite the economic boom, China is facing a major challenge in meeting the goal of creating nine million naew jobs this year, a senior official has said.
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It helps in getting excellent monthly pensions
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
Employees' Provident Fund Organisation has been allowing members to contribute more than mandatory amount towards their pension account.
In May, EPFO received deposits of Rs 6,500 crores (Rs 65 billion) which, is 200 crores more than what was received in April this year.
Around 20 lakh pensioners to benefit from govt new pension scheme.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
Five of those caught in the cross fire died on the spot, while another person succumbed to injuries later, Kandamal superintendent of police Pinak Mishra told media persons.
The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.
The Jan Dhan scheme restricts the scope of life insurance cover to bring down burden on the exchequer.
PM Modi to travel to Vietnam before going to China to attend G20 summit.
Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.
China's growing income gap may trigger social instability after 2010 if the government is unable to mitigate glaring disparity, experts have warned.
The order also provides that the field office will incur expenditure on the facilitation function under the head of publicity.
The minister said Indian economy was the fastest growing.
Unveiling a three-pronged strategy to create more jobs, Prime Minister Atal Bihari Vajpayee on Friday promised to speed up economic reforms and growth, besides hastening infrastructure development.
China's tax burden at 20 per cent is still lower than that of most developing and developed countries, the government has claimed.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
'Now, we have a minimum pension of Rs 1,000 annually.'
Naxalites on Monday carried out multiple improvised explosive device blasts in Jharkhand's Giridih district, injuring 12 security personnel.
Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.
All those years of contributions not adding up to a big reward definitely makes the scheme unappealing.
President Pranab Mukherjee addressed a joint session of Parliament ahead of the budget session which began on Tuesday. Here are the highlights of President Pranab Mukherjee's speech:
Prime Minister Narendra Modi announced the financial inclusion scheme in his first Independence Day speech last year.
India's IT industry will seek an increase in the number of H1-B (non-immigrant) visas and a mechanism to refund social security taxes paid by Indian professionals in the US, when President George W Bush visits India early next month.
In a placatory move, the labour ministry also said it was contemplating permitting withdrawal of all accumulations by Employees' Provident Fund Organisation's subscribers on grounds like purchase of house, serious illness, marriage and professional education of children.
Generally, most Indians are under-prepared for their post-retirement life. Many middle class private sector employees end up consuming their PF accumulations for variety of other reasons like marriage of their children, medical treatment or purchase of house, etc., says Anil Chopra- Group CEO & Director- Bajaj Capital
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