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Labour Ministry says Labour Codes aimed at expanding labour welfare measures not only to existing be...
CBT members have proposed to the Ministry of Labour to cut contribution and increase the EPF cover w...
Government looking to implement all four labour codes in one go by December The government is a...
EPFO (Employees Provident Fund Organization) has taken a new initiative to protect the future of employees working in the private sector. According to this initiative, whenever an employee retires on the same day, his/her pension will be ready from the same day and will be started. This arrangement is considered to be a big change […]
Long due labour reforms to ensure well-being of workers, give boost to economic growth: PM Modi PTI | Prime Minister Narendra Modi on Wednesday hailed the passage of key labour reform bills by Parliament, saying it will ensure the well-being of workers and give a boost to economic growth. The new labour code universalises minimum […]
Rajya Sabha passes three Labour Codes to pave way for enactment of historic “Game changer” Labour Laws The Rajya Sabha in its sitting today passed three labour codes namely, (i) Industrial Relations Code, 2020 (ii) Code on Occupational Safety, Health & Working Conditions Code, 2020 & (iii) Social Security Code, 2020. With this, the decks […]
New Delhi, Sep 20 (PTI) Net new enrolments with retirement fund body EPFO rose to 8.45 lakh in July from 4.82 lakh in June 2020, according to its latest payroll data, providing a perspective on employment in the formal sector amid the COVID-19 crisis. Provisional payroll data released by the EPFO last month had shown […]
Minister of State (I/C) for Labour and Employment Shri Gangwar introduced three Labour Codes in Lok Sabha heralding the path of game-changing Labour Welfare Reforms in the Country Shri Santosh Gangwar on 19 September introduced three Labour Codes in the Lok Sabha heralding the path of game-changing labour welfare reforms in the country. These bills […]
ESIC issues instructions for submission of claims for Unemployment Benefit under Atal Bimit Kalyan Yojana ESIC has issued instructions for submission of claims by the affected workers to claim relief under the recently expanded Atal Beemit Kalyan Yojna in which relief is to be paid to those ESI members who lost their job. Claims to […]
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 […]
