Questioning the claims made by the Centre that it had defaulted in Employees Provident Fund, auto giant Maruti Udyog Ltd on Saturday said it was diligently complying with all relevant acts in respect of its employees.
Labour Minister Sahib Singh Verma said on Monday that he will try to maintain the present interest rate of 9.5 per cent on Employees Provident Fund for 2003-04.
India has said that terror groups like Lashkar-e-Tayiba do not "live on love and fresh air", expressing regret that they receive funds despite being slapped with sanctions by the United Nations, as the world body reaffirmed the need to cut the monetary lifeline of terrorists.
Defence Minister Rajnath Singh on Monday said swift and transparent decision-making and availability of optimal resources were needed for a country's combat readiness.
'The government must provide more funds to enable the armed forces to fight and win tomorrow's wars,' states Brigadier Gurmeet Kanwal (retd).
The raids, as per official sources, began at 3:30 am and involved as many as 300 NIA officials from across its various offices.
Currently placed on the FATF'S 'grey list', Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF.
It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
Finance Minister Nirmala Sitharaman on Tuesday said monetisation of Central Public Sector Enterprises (CPSE) assets is based on the principle of value creation for the government and investors and would bring about a paradigm shift in infrastructure augmentation and maintenance. Chairing the National Workshop with the states/UTs on Asset Monetisation organised by Niti Aayog, the minister sought the collaboration of states for the holistic development of infrastructure. She said India can become a $5 trillion economy, while striking the right balance between fiscal imperatives and socio-economic welfare, through active collaboration between the public and private sector.
India's tremendous success at the Tokyo Olympics seems to have influenced the sports budget as the central government on Tuesday allocated Rs 3062.60 crore for financial year 2022-23 -- an increase of Rs 305.58 crore.
Retirement fund body EPFO paid lesser amount as interest on PF deposits of over five crore subscribers than its earnings between 2007-08 and 2010-11, government auditor CAG has said.
Shubhankar tied 110th after Rd 1 of English Championship
The Madhya Pradesh legislative assembly on Thursday passed a bill that provides for recovery of losses from the people and organisations responsible for damaging public and private properties during protests.
Logistics services provider Delhivery is likely to launch its downsized initial public offering (IPO) this week, said people in the know. The Softbank-backed firm may trim its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions, sources said. Sources added the fresh issue component of the IPO could be reduced to Rs 4,500 crore and the OFS component to Rs 1,000 crore.
Syed Abdul Mueed is the third son of the Hizb chief to have been sacked from the government job.
Indian economist Kalpana Kochhar, who heads the Human Resources Department of the International Monetary Fund, is leaving the organisation to join the Bill and Melinda Gates Foundation, the IMF announced on Wednesday. Kochhar, who served in various senior positions during her three decades at the IMF, will retire on July 30, it said.
The new malaria vaccine (RTS.S/ AS01, tentatively brand-named Mosquirix) is the very first one to offer immunity against a parasite -- specifically the plasmodium falciparum parasite, which is the deadliest of the five parasites that cause malaria.
Any NGO critical of the government is unlikely to receive a green signal. The new amendment will leave NGOs vulnerable to harassment. It was the NGO sector that helped provide compassion and food to millions of people during the lockdown. The new Bill will render such cooperation and camaraderie impossible in future, observes Rashme Sehgal.
In the Union Budget for 2021-22 presented by Finance Minister Nirmala Sitharaman on Monday, the force received Rs 429.05 crore, an increase of Rs 2.78 crore (or 0.65 per cent hike) from the last budget.
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Govt unveils reforms that cuts down time and bureaucracy.
India in the past rejected similar reports.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Makki is a US-designated terrorist and brother-in-law of Lashkar-e-Tayiba chief and 26/11 mastermind Hafiz Saeed.
This would be India's largest crowd-funded programme to help patients with a particular disease.
The grant will be in addition to the $20 million provided by China, the world's second largest economy, earlier to the WHO.
Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.
The order said the NGO has transferred an amount of Rs 2.46 lakh from its foreign contribution designated account to Sabrang Trust domestic account, thus mixing of domestic and foreign funds and violating the rules.
A group of retired army officers have come together to provide a home for girls who never had a home before.
Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. The latest to do so is SoftBank-backed Cars24, a leading e-commerce platform for pre-owned vehicles, which has laid off over 600 staff, according to sources in the know. The move, they said, is aimed at conserving cash amid cautious investor sentiment and a slowdown in funding.
According to draft Code on Social Security, 2019, gig and platform workers will be entitled to life and disability cover, health and maternity benefits, among others.
The banking sector in the country is stable, capital is available and credit offtake is poised to take off, he said at a webinar organised by Bharat Chamber of Commerce. "We are not unique to the phenomenon of uncertain growth and high inflation due to the pandemic.
The government has decided to postpone the release of the new Foreign Trade Policy (FTP) and extend the existing one by six months on account of global uncertainties and currency fluctuations. The government was scheduled to announce the new FTP by the end of September. The current policy was to end on September 30.
The Bill will make it tougher for workers to go on strike.
'The prime minister is talking to his Chachaji and he is crying in the PM's lap, it was such an emotional scene.'
The world's top tennis players will swap rackets for game controllers this month after organisers of the cancelled Madrid Open said they will stage a virtual competition to raise funds for struggling professionals amid the coronavirus shutdown.
'When I talk to my colleagues in the Railways, they say 'aadmi toh bohot hai, lekin matlab ka aadmi ek bhi nahi hai (the Railways has a bloated workforce, but doesn't have employees with have the skillsets that matter)'.'
This will be done across five cities - Delhi, Bengaluru, Coimbatore, Bhopal, and Shillong. Thereafter, it will be scaled up and launched in 100 cities over a period of six months, said a senior government official.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
In a notification, the Union home ministry said that Hafiz Talha Saeed, 46, has been actively involved in recruitment, fund collection, and planning and executing attacks by the Lashkar-e-Tayiba in India and Indian interests in Afghanistan.
Supreme Court allows more instruments to use the biometric card.
