The government has reduced the stipulated period for settlement of various claims like PF withdrawal, pension and insurance by the retirement fund body EPFO to 20 days from the existing 30 days.
While looking to give a boost to the mutual fund sector with some contribution from about Rs 5.5 lakh crore (Rs 5.5 trillion) corpus being managed by Employee Provident Fund Organisation, Sebi feels that age restrictions would safeguard investors from 'unnecessary risks' during years closer to their retirement.
Part of the dues has been pending since 1995-96 - the inception year of the Employees' Pension Scheme administered by the EPFO. The Centre also owes the EPFO more than Rs 1,000 crore towards the minimum pension scheme it had notified in September 2014.
Right now there are five Hindus occupying the top job in the world. Rishi Sunak will be the sixth.
Govt has done away with the need to secure crucial permits.
The Kerala Story is among a long list of films that invited bans and censorship.
'I decided to send a bat and a ball which was smaller in size so that it shouldn't get stuck in the pipe. And with that, they had a little good time.'
The age of Indian maids looking for employment in Saudi Arabia has been set between 25 and 50 years under a new employment agreement finalised by the two countries to guarantee protection of domestic workers.
The meeting has been called as the Finance Minister P Chidambaram did not extend a March 31 deadline for the trusts to get regular tax exemption through the Employees' Provident Fund Organisation.
Rahul's remarks come against the backdrop when India reported more than 1.52 lakh new COVID-19 cases on Sunday. This is the fifth consecutive day when more than one lakh cases have been reported in the country.
The commission suggested that a comprehensive plan should be devised to handle the issue of missing files which has become a "stumbling block" in implementing the RTI act.
The Centre is looking to improve disclosures made by public sector undertakings (PSUs), and has asked such companies to share monthly progress made on capital expenditure targets and corporate social responsibility (CSR) initiatives undertaken by them. New details such as gender-wise reporting of contractual workers, unused land, and profit share in joint venture companies have also been added in the list of disclosures. The Department of Public Enterprises (DPE), which publishes the Public Enterprises Survey and collects information for Memorandums of Understanding (MoUs) signed with PSUs, is looking to integrate data collected from government-owned companies.
China said on Thursday that "progress" has been made in facilitating the return of thousands of Indian students stranded back home due to Beijing's COVID visa bans and efforts were on for "early return" of the first batch.
"As many as 1.12 million expats corrected their professions until July 6. We have also issued and renewed more than 1.6 million work permits during the period," Abdullah Abuthnain, Deputy Minister for Inspections and Developing Work Atmosphere, was quoted by the local media as saying.
'For the common man, the economic conditions are not going to get better.'
Fifteen Cabinet ministers and 28 Ministers of State were sworn-in by President Ram Nath Kovind at a ceremony at Rashtrapati Bhavan on Wednesday evening.
He is known for his paperless style of working.
Net new enrolments with retirement fund body EPFO grew by nearly 20 per cent to 12.37 lakh in February compared to the same month in 2020, according to the payroll data released on Tuesday, providing a perspective on formal sector employment amid the coronavirus pandemic. The provisional payroll data of EPFO highlights a growing trend with the addition of 12.37 lakh net subscribers during the month of February, 2021, a Labour Ministry statement said. The data reflects growth of 3.52 per cent in net subscribers addition in February 2021 over January 2021.
Given the rapid changes in the Indian labour market, there is an urgent need to have current, accurate and publicly available data through regular, dynamic and comprehensive surveys. Indeed, this was the intention behind constituting the NITI Aayog Task Force on Improving Employment Data. The attempts by the government to "improve" labour data has actually made it worse, say Rosa Abraham, Janaki Shibu & Rajendran Narayanan.
The reshuffle had politics at its heart, so the biggest complement of new ministers, both Cabinet rank and below, came from UP, which will see assembly elections in a few months.
Gandhi noted that lakhs of migrants continue to walk hundreds of kilometres to reach back their homes without food, water, medicines and cash. She also accused the central government and the Railways of completely ignoring the demands made by the Congress for ensuring the safe and free travel of migrant workers and labourers to their homes.
Out of 120 members of the Knesset (Israeli parliament), Netanyahu has the support of 64 members
No one from the Gandhi family was present at the All India Congress Committee headquarters when the leaders filed their nominations for the election.
Parliamentary standing committee on labour, led by Biju Janata Dal MP Bhartruhari Mahtab, has said in its report that it is unjustifiable for owners to pay workers' wages during natural calamities.
'Only time will tell how difficult it would be for the BJP when Mr Modi may not be in a position to actively run affairs of the party and be its biggest vote catcher.'
'Then the BJP could even split.'
The death toll due to COVID-19 rose to 543 and the number of cases climbed to 17,265 in the country on Monday, according to the Union health ministry.
India on Monday played down the controversy over the derogatory remarks by a Bharatiya Janata Party leader, saying its ambassador to Qatar has already conveyed its position to the Gulf country and there was nothing new to add.
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)
This is the Upper House's third best productive session in the last 14 sessions since the Monsoon Session (243rd Session) of 2017, the Rajya Sabha officials said.
At present, the EPF subscribers are exempted from paying income tax on deposits.
Workers being laid off will be entitled to full wages of 45 days for every year of service.
Balwant Singh Ramoowalia, whom Samajwadi Party president Mulayam Singh Yadav earlier gave a berth in the Rajya Sabha, was the surprise entry even for senior ministers who were seen asking each other about the background of the man from Punjab.
'The government is just laying foundation stones everywhere.' 'It has hardly inaugurated anything.'
Retail sales of cars are back to January 2018 levels in August 2021. Two-wheeler retail sales are 22 per cent lower, nearly four years down the line.
Patel was administered the oath as the 18th chief minister by Governor Acharya Devvrat at a function held at the Helipad Ground near the new Secretariat.
'Today when people are fighting to get their salary, you are telling them you will privatise airports!'
In the Upper House of Parliament, Chairman M Venkaiah Naidu did not allow adjournment notices moved by opposition members on the issue of price rise, prompting members of the Congress, the Trinamool Congress, the Left parties, the Dravida Munnetra Kazhagam, the Aam Aadmi Party, the Nationalist Congress Party, the Rashtriya Janata Dal and the Shiv Sena to create an uproar.
Trade unions on Tuesday began a five-day coal industry strike, terming it as the biggest industrial action for any sector since 1977.
The outbreak and lockdown have thrown up a number of challenges, such as layoffs, pay cuts and a general slowdown. Many subscribers after their unsuccessful attempts to use the scheme have taken to social media to voice their complaints, as the EPFO website and grievance portal suffer outages and its customer helpline remains unreachable.
Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.
