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.
Prime Minister Narendra Modi announced the financial inclusion scheme in his first Independence Day speech last year.
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
Making a brief intervention during Question Hour in Lok Sabha, the Prime Minister said government was planning to involve knowledgeable people and those who can provide new ideas to redefine and restructure the Planning Commission.
Trade unions said Jaitley's minimum wage announcement is completely inadequate
'Workers and employers should be ready for a change demanded by the new dynamism of the economy'
'It is to be fervently hoped that a person as rational and brilliant as Hamid Ansari will not be allowed to wilt and simply wither away.'
'The jobs that are being created now are the delivery boy jobs which are of extremely poor quality, or contractual jobs where you hire a person on a per piece basis.'
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
The futures of thousands of undocumented Indians who were taken to the US as children are in danger after Donald Trump's repeal of the DACA program.
Here's a simple five-step plan to put you on the road to proper retirement planning.
Lok Sabha passed a bill to regulate street vending activities and protect the rights of urban street vendors, including against harassment by police and municipal authorities.
In an era of falling interest rates, major trade unions on Friday pitched for restoring 12 per cent return on small savings schemes
The much-awaited minimum monthly pension of Rs 1,000 and a higher wage ceiling of Rs 15,000 for social security schemes run by retirement fund manager EPFO will be implemented from September 1.
The Telangana government will be embarking on a week long celebration from Tuesday to observe its Formation Day.
Temporary workers not only lack job security, they get less pay and an inferior overall package.
The office of the prime minister is getting the respect that is due to it now, says Union Minister Rajyavardhan Singh Rathore
With the Congress already opposed to the proposed law, regional parties might become the swing factor, says T N Ninan.
Net1's chief executive and chairman Serge Belamant said the Indian government was interested in the biometric verification technology that the company has been using in South Africa.
At present, deposits, accrual of interest and withdrawals are tax free under the scheme.
The proposed changes making it easier for government and businesses to buy farm land are now likely to be implemented by states, not by the central government
Some important investment options like fixed annuity, bonds, life insurance and equity among others can help you in fulfilling your goal. The details...
At the end of 2014, 70.17 million of China's rural residents lived below the country's poverty line.
RBI has also announced new guidelines to price loans from April 1.
Check out the Bollywood turnout on voting day!
To provide better working conditions and social security to workers in the unorganised sector, an empowered group of ministers on Friday cleared a draft of the unorganised sector workers bill that provides for pension and insurance to the workforce.
Indian American Democrat Ro Khanna is still trailing against seven term incumbent Democrat Congressman Mike Honda in California's 17th Congressional District in the November 4 general election.
Legislative process in the country is unduly long and tedious
'I take pride in having been a hawker and believing firmly in the dignity of labour. I had to sell goods to support my family in my school days,' she said.
India Inc is encouraged by a determined Budget.
A collaborative approach can yield better results in reforming labour laws that can be implemented in the whole country, instead of different states following different norms in their own jurisdictions. That approach could also help the governments convince the trade unions to see merit in these reforms, says A K Bhattacharya.
With GDP growth improving to a nine-quarter high of 5.7 per cent and the stock market brimming with optimism, now is the time for Modi to keep his promises.