Fri, Mar 29, 2019
Out of 6 million pensioners under the EPFO, nearly 4.5 million receive less than Rs 2,000 per month, therefore increase in the pension amount would put the additional financial burden of Rs 1,500 crore annually on the government.
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Sat, Nov 17, 2018
The Labour Ministry Friday said there is a proposal to pay employers for extended maternity benefit from government budget and not from any labour welfare cess as it does not exist.
Wed, Sep 26, 2018
The labour ministry said Wednesday it is mandatory for employers to file and pay fees for seeking registration and licences under certain laws on Shram Suvidha Portal, a move to improve efficiency in public service delivery system.
Thu, Jan 12, 2017
The Ministry of Labour and Employment has extended the deadline by three months for companies and other commercial establishments to get registered with the Employees Provident Fund Organisation (EPFO).
Wed, Dec 21, 2016
He said, "It has been decided to substitute section 6 of the Act so as to enable the employer to pay the wage to the employed person also by cheque or crediting it to their bank account."
Sun, Dec 18, 2016
Retirement fund body EPFO is likely to retain 8.8% rate of interest on EPF deposits for the current fiscal for its over four crore subscribers -- same as 2015-16 -- at its trustees meeting on December 19, Monday.
Thu, Dec 15, 2016
The Labour Ministry is pitching for retaining 8.8 % interest rate on EPF deposits of over 4 crore subscribers of the retirement fund body EPFO for 2016-17 and trying to bring the Finance Ministry on board.
Thu, Sep 29, 2016
Brushing aside strong opposition from the unions, Labour Ministry on Thursday doubled EPFO's investment limit in ETFs to 10% that will result in Rs 13,000 crore of the retirement fund body flowing into stock markets in the current fiscal.
Fri, Sep 02, 2016
The Labour Ministry is actively considering proposal of a voluntary pension scheme mooted by the Employees' Provident Fund Organisation (EPFO), a senior government official has said.
Wed, Aug 10, 2016
This was on a day the Lok Sabha passed The Factories (Amendment) Bill, 2016, that seeks to enhance the working overtime hours.
Fri, Jul 01, 2016
The proposal for extending the maternity leave under the Maternity Benefit Act of 1961, received a green signal from Finance Minister Arun Jaitley to be implemented in government and private sectors.
Tue, May 17, 2016
The minister said the rehabilitation work has been made simple for the district magistrate/collector/deputy commissioner.
Mon, May 02, 2016
The Labour Ministry is in the process of converting 44 laws into four codes -- Industrial Relations, Wages, Social Security and Safety -- to simplify existing labour rules.
Mon, Apr 25, 2016
Joy also informed his colleagues that EPFO proposes to launch a system of 'One Employee one EPF Account' on May 1.
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