Latest News on Labour Ministry
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Labour Ministry - Total results - 40
Nov 27, 2018
Govt plans to roll out social security code across country in three phases before 2019 Lok Sabha electionThe basic idea behind the pan-India launch of social security scheme is that the ministry does not want to take up controversial issues especially when the general election is months away from now.
Sep 20, 2018
ESIC's new scheme to give cash relief to insured persons during unemployment, says labour ministryThe scheme, Atal Bimit Vyakti Kalyan Yojna, is a relief payable in cash directly to bank account of insured person in case of unemployment and while they search for new engagement, Labour Minister Santosh Gangwar said.
Sep 11, 2018
Narendra Modi govt could dissolve EPFO's regulatory role, mulls separate entity to avoid conflict of interestFollowing a suggestion from the finance ministry, the labour ministry has already started working on the proposed bifurcation of the EPFO
Jun 26, 2018
EPFO members can withdraw 75% funds after 30 days of job loss; can still keep their PF accounts activeEPFO members would also have an option to withdraw remaining 25 percent of their funds and go for final settlement of account after completion of two months of unemployment
Jun 12, 2018
Govt forms panel led by former chief statistician TCA Anant to bring in more transparency in jobs data calculationThe government has set up a technical committee under former chief statistician TCA Anant to bring in more transparency in jobs data calculation and presentation, the labour ministry said on Monday
May 07, 2018
EPFO: Govt likely to notify 5-year low 8.55% interest on provident fund for FY18 this weekLabour Ministry is likely to notify this week 8.55 percent interest on PF for 2017-18, paving way for EPFO to credit returns into accounts of subscribers
Apr 23, 2018
PMO okays labour ministry's Rs 2 lakh crore social security plan for 50 crore workers; will be rolled out in phasesThe Narendra Modi-led government could roll out the social security scheme in the ongoing financial year, ahead of seeking re-election in 2019.
Mar 22, 2018
Parliament passes Bill doubling limit of tax free gratuity to Rs 20 lakh, Narendra Modi says it will 'benefit lakhs of Indians'The Parliament on Thursday passed the Payment of Gratuity (Amendment) Bill, 2017, paving the way for doubling the limit of tax free gratuity.
Feb 22, 2018
Employees’ Provident Fund Organisation slashes interest rate from 8.65% to 8.55%: All you need to knowThe EPFO functions under the labour ministry of the central government and runs the premier PF saving scheme.
Nov 10, 2017
Demonetisation may hit your PF returns; EPFO likely to cut rate to 8.5%, decision on 23 November, says reportThere is a plan to better the utilisation of equity investment by EPFO. This will help offset the rate cut only if the market rally continues