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New Delhi, Sep PTI Net new enrolments with retirement fund body EPFO rose to . lakh in July ...
Minister of State IC for Labour and Employment Shri Gangwar introduced three Labour Codes in Lok ...
ESIC issues instructions for submission of claims for Unemployment Benefit under Atal Bimit Kalyan Y...
Labour Ministry has notified 50% unemployment benefit to ESIC subscribers The Labour Ministry has notified enhanced payout under the Atal Beemit Vyakti Kalyan Yojana, paving way for 50% unemployment benefit to the subscribers of the Employees’ State Insurance Scheme with relaxed eligibility conditions up till December 31, 2020. The move will benefit formal workers, enrolled […]
Union Cabinet approves 03 Labour Law Codes at a meeting held on 8th September Three labour codes involving what the government called “important labour reforms” were approved by the Union cabinet at a meeting held on 8th Sept evening. The codes involve social security, occupational safety, health and working conditions, and industrial relations, sources said. […]
The Employees’ Provident Fund Organisation (EPFO) on Wednesday increased the maximum assurance benefit to up to Rs. 7 lakh from the existing cover of Rs. 6 lakh under the Employees’ Deposit Linked Insurance (EDLI) scheme. Employees’ Deposit Linked Insurance, EDLI is an insurance cover provided by the Employees’ Provident Fund Organization (EPFO). A nominee or legal […]
EPFO to pay 8.5% interest rate in two tranches of 8.15% & 0.35% The Retirement fund body EPFO or Employees’ Provident Fund Organisation has decided to keep the interest rate unchanged at 8.5 per cent for the current financial year 2019-20, the government said on Wednesday. However, the interest payable to provident fund subscribers will […]
Labour Ministry releases Consumer Price Index for Industrial Workers, July 2020 The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of the retail prices of selected items collected from 289 markets spread over 78 industrially important centres in […]
ESIC to raise wage threshold to Rs. 30,000 from existing limit Rs. 21,000 In order to provide maximum relief during the corona crisis, the Government of India is planning to increase the wage limit for ESIC coverage to Rs. 30,000 from existing wage limit for coverage under the Employees’ State Insurance Corporation Act Rs. 21,000/ Month. The […]
Social security soon for Gig Workers/ Freelancers: Government of India Union Ministry of Labour and Employment has accepted the recommendation of the parliamentary standing committee on labour, and proposed setting up a Gig and Platform Workers’ Social Security Fund in the draft Code on Social Security (CoSS), 2020. The inclusion in the existing social security […]
EPFO Makes Significant Progress in Updating KYC of its Subscribers During July- 2020 Despite COVID Pandemic During the month of July 2020, EPFO has been successful in updating 2.39 Lakh Aadhaar’s, 4.28 Lakh Mobile numbers & 5.26 Lakh Bank Accounts’ in the UAN of its subscribers. As the country faces the unprecedented challenge of the […]
Shri Santosh Gangwar launches Logo of Labour Bureau, says database is very important in policymaking The official logo of Labour Bureau, an attached office of Ministry of Labour and Employment, was launched on 20 Aug 2020 by Shri Santosh Kumar Gangwar, Minister of State (I/C) for Labour and Employment in the presence of Shri Heeralal […]
ESIC has relaxed Unemployment Benefit Norms: 50% of 3 months’ wages On Thursday, the Employees’ State Insurance Corporation (ESIC) has relaxed norms to pay 50% of average wages of three months as unemployment benefits to cope with job loss between March 24 and December 31 this year in view of the Covid-19 pandemic. The ESIC […]
Govt to relax soon eligibility rules for availing unemployment allowance under ESIC scheme The Ministry of Labour and Employment is likely to propose significant relaxation in the eligibility criteria for seeking unemployment benefits under the Employees’ State Insurance Corporation (ESIC) scheme. Also, the government is actively considering hiking the amount of benefits to 50 per […]
EPFO ensures hassle-free service delivery through UMANG during COVID-19 pandemic The Unified Mobile Application for New-age Governance (UMANG) has been a big hit among Employees’ Provident Fund Organisation (EPFO) subscribers enabling them to utilize services during COVID-19 pandemic from the comfort of their homes in a hassle-free manner. Presently a PF member can access 16 […]
