Labour Minister-bandaru-dattatreya

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Labour Minister-bandaru-dattatreya - Total results - 20
Cabinet reshuffle: Congress says BJP admits 'gigantic failure' by dropping ministers
Politics

Cabinet reshuffle: Congress says BJP admits 'gigantic failure' by dropping ministers

Narendra Modi government has by dropping ministers from the Union Cabinet admitted its "gigantic failure", Congress leader Manish Tewari

Scary jobs data: Of 44.8 mn aspirants, just 2.54 lakh got employment in 2015, says govt
Business

Scary jobs data: Of 44.8 mn aspirants, just 2.54 lakh got employment in 2015, says govt

In 2013, the placement was over 0.7 percent. In the year prior to that, however, the number is slightly better at over 0.9 percent

Provident fund body directs field offices to settle pension on retirement day
Business

Provident fund body directs field offices to settle pension on retirement day

There are about 48.85 lakh central government employees and 55.51 lakh pensioners in the country

No proposal to cut maternity benefits, says Labour Minister Bandaru Dattatreya
Business

No proposal to cut maternity benefits, says Labour Minister Bandaru Dattatreya

The Maternity Benefit (Amendment) Act, 2016 has raised the maternity leave for a working woman from 12 weeks earlier to 26 weeks

Now you can settle your PF withdrawal claim in just 10 days
Business

Now you can settle your PF withdrawal claim in just 10 days

The EPFO e-court Management System has also been launched which is in tune with the vision of Prime Minister Narendra Modi of digital India

Finance ministry approves 8.65% interest rate on PF for 2016-17: Labour Minister
Business

Finance ministry approves 8.65% interest rate on PF for 2016-17: Labour Minister

The ratification of the 8.65 percent interest on EPF will enable the retirement fund body EPFO to credit this rate of return into the accounts of four crore subscribers.

EPFO retirement bonanza: Contributed for 20 yrs? You will get Rs 50,000 loyalty benefit
Business

EPFO retirement bonanza: Contributed for 20 yrs? You will get Rs 50,000 loyalty benefit

According to the proposal, loyalty-cum-life benefit will be provided to all those members on retirement at 58 or 60 years who have contributed to the scheme for 20 years or more

You may soon get to use 90% of your PF money to buy home, govt to amend scheme
Business

You may soon get to use 90% of your PF money to buy home, govt to amend scheme

The amendment in the scheme will also allow the Employees' Provident Fund Organisation (EPFO) subscribers to use their EPF accounts for paying equated monthly instalments (EMIs) of home loans.

Budget may levy new cess to provide social security to coolies
Business

Budget may levy new cess to provide social security to coolies

"The proposal makes a lot sense because 10 paisa cess per ticket will not burn of a hole into travellers' pockets. Besides it would help railways to mop up funds to provide social security to coolies," said the source.

Provident fund body likely to hike monthly wage ceiling to Rs 25,000 on 19 December
Business

Provident fund body likely to hike monthly wage ceiling to Rs 25,000 on 19 December

EPFO had increased the wage ceiling to Rs 15,000 per month from Rs 6,500 on 1 September, 2014 in view of price rise and pay revisions in the formal sector.

Employees' State Insurance Corporation raises wage threshold to Rs 21,000
Business

Employees' State Insurance Corporation raises wage threshold to Rs 21,000

The Employees' State Insurance Corporation (ESIC) today raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme.

Women to get 6 months maternity leave, Cabinet clears changes to Act
Business

Women to get 6 months maternity leave, Cabinet clears changes to Act

It is applicable to all establishments employing 10 or more persons and the amendments will help around 1.8 million women workforce in the organised sector.

EPF conundrum: Jaitley wins no brownie points with repeated U-turns
Business

EPF conundrum: Jaitley wins no brownie points with repeated U-turns

For the third time in two months, finance minister, Arun Jaitley, has been forced to go back on his words on the Employee Provident Fund Issue (EPF). The latest reversal came on Friday when the finance ministry increased the EPF rate to 8.8 per cent from 8.7 per cent decided earlier.

Govt increases EPF interest rate to 8.8 percent bowing to trade union pressure
Business

Govt increases EPF interest rate to 8.8 percent bowing to trade union pressure

The government was forced to take a U-turn on the Employee Provident Fund (EPF) issue yet again on Friday when it increased the rate to 8.8 per cent from 8.7 per cent decided earlier. The Central Board of Trustees (CBT) had originally recommended 8.8 per cent.

FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya
Business

FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya

The Finance Ministry has approved 8.7 per cent interest on PF deposits for over 5 crore subscribers of retirement body EPFO, lower than 8.8 per cent decided by the Central Board of Trustees (CBT).

After people protest, govt puts new PF withdrawal norms on hold until 31 July
Business

After people protest, govt puts new PF withdrawal norms on hold until 31 July

The unions have been demanding complete rollback of the decision tightening the PF withdrawal norms

PF withdrawal allowed for housing, medical, education as govt backtracks on curbs
Business

PF withdrawal allowed for housing, medical, education as govt backtracks on curbs

Earlier this month, retirement fund body EPFO had deferred till 30 April implementation of new norms

Number of child labour cases declined between 2001 and 2011: Govt
India

Number of child labour cases declined between 2001 and 2011: Govt

The number of child labour cases in the country has gone down from 1.26 crore in 2001 to 43.53 lakh in 2011, Lok Sabha was informed on Monday.

Ten central trade unions to go on strike tomorrow; Govt expects minimal impact
India

Ten central trade unions to go on strike tomorrow; Govt expects minimal impact

Essential services like banking and public transport may be impacted on Wednesday with ten central trade unions going ahead with their one-day nationwide strike, even as the government appealed to them for calling off the agitation, which BJP-backed BMS and NFITU decided to boycott.