Workers being laid off will be entitled to full wages of 45 days for every year of service.
Once approved by the finance ministry, the rate hike will benefit six crore EPFO subscribers.
This will help employers keep a track of the diseases workers could suffer from while doing their jobs.
Employees of around 150 firms may lose out on PF benefits as their companies failed to get an exemption certificate from the Employees' Provident Fund Organisation (EPFO)
Yashvardhan Kumar Sinha was appointed as the chief information commissioner on Saturday, according to a Rashtrapati Bhavan statement.
At present, the EPF subscribers are exempted from paying income tax on deposits.
Experts say, these leave many matters to the discretionary powers of bureaucrats, rather than providing them explicitly in the rules.
The move, which was approved by the Union home ministry, comes amid a military standoff with China in the eastern Ladakh area.
Chief Minister Mamata Banerjee sought Prime Minister Narendra Modi's intervention on Wednesday in the alleged "whimsical" functioning of the railways in sending Shramik Special trains to West Bengal and urged the Bharatiya Janata Party-led Centre not to pursue politics when the state is battling a dual crisis due to the COVID-19 pandemic and trail of destruction left behind by Cyclone Amphan.
Trade unions on Tuesday began a five-day coal industry strike, terming it as the biggest industrial action for any sector since 1977.
Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
In a communication to chief secretaries of all states and union territories, Union home Secretary Ajay Bhalla said the ministry of home affairs, under the Disaster Management Act, has allowed manufacture or production, transport and other related supply-chain activities in respect of essential goods like foodstuff, medicines and medical equipment during the 21-day lockdown.
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund was established in March last year with the primary objective to deal with any kind of emergency situation like the one currently posed by the COVID-19 outbreak and provide relief to those affected.
'It indicates the grooming of the party's new leadership.' 'It is also a signal to the states that these ministers represent.'
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
The Bharatiya Janata Party said on Monday the railways has subsidised 85 per cent of ticket fare for special trains being run to transport migrant workers and the state government has to pay the remaining 15 per cent, soon after the Congress attacked the central government over the issue.
At present this facility is available to workers of (un-exempted) firms which do not have their PF trusts and manage their employees' accounts with their respective regional fund commissioners of the EPFO. It was launched in October last year.
They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.
India maintains that the Kashmir issue is a bilateral one and no third party has any role in it.
Sidhu Humanabade was passing by when he saw smoke billowing out from the upper floors of the ESIC Kamgar Hospital in Andheri. He left his bike and asked the firemen if he could join them in the rescue operation.
Women and children have been given short shrift with these crucial sectors facing substantive budgetary cuts, discovers Rashme Sehgal.
A plea was filed in the Supreme Court on Wednesday challenging the Delhi high court's May 31 verdict which dismissed a petition seeking to suspend all construction activity of the Central Vista Avenue redevelopment during the COVID-19 pandemic while describing it as a 'vital' and 'essential' project of national importance.
The members of these trusts enjoy tax and other benefits at par with EPFO subscribers.
'Life has been full of rewards, full of sadness.'
Thousands of migrants were stranded in places across the country since the lockdown was enforced on March 25, many even attempting to walk home.
The new cabinet, predictably, has a sizeable number of Yadavs and Muslims, though members of other sections of the society also find a place.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
A decision in this regard was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi.
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
Lack of skilled labour, among other factors, led to 187,062 vacancies in nine sectors during the first quarter of the current fiscal year, showed the new revamped quarterly employment survey (QES). This accounted for a little over 0.6 per cent of the total jobs given by these establishments till April-June 2021-22. The nine sectors - manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPOs and financial services - employed 30.8 million people.
The use of such robots can not only save lives but can also help road construction companies cut down on labour costs.
The Centre stated in its report that it wanted media houses not to publish the news of COVID-19, without asking the central government authorities, who are assigned to talk to media houses, keeping in view the welfare and benefit of migration labourers and other people due to the pandemic.
Gandhi and his Congress party have been asking the government to shelve its plans on the Central Vista project and give priority to improving the country's medical infrastructure amid the COVID-19 pandemic to save people's lives.
Nangiohbok Rymbai, a graduate in economics who works as a daily wage labourer in Shillong, tells Rediff.com's A Ganesh Nadar what he would like to see in Finance Minister Nirmala Sitharaman's Budget.
British lawmakers will debate the issue of press freedom and safety of protesters in India next Monday in response to an e-petition which had crossed the 100,000-signature threshold required for such a debate, the House of Commons Petitions Committee confirmed on Wednesday.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances