Retirement fund body EPFO on Thursday began crediting an 8.5 percent interest rate to the employee provident fund (EPF) for 2019-20 for its more than six million members, said a high Commissioner. A large number of members of the Employee Provident Fund Organization (EPFO) could see their EPF accounts updated …
Read More »“Revolutionary” Labor Bills Passed by the Chamber | India News
NEW DELHI: Three labor code invoices, which will provide social Security for workers in organized and unorganized sectors, as well as eliminating obstacles to the dissolution of companies, have been overcome Parliament. Rajya sabha He approved the bills on labor relations, occupational safety and social security by oral vote on …
Read More »Government continues with labor reforms | India News
NEW DELHI: The government introduced three new bills on Saturday to amend and consolidate labor laws with a view to expanding the social safety net to include migrant workers and the temporary work economy, while seeking to provide greater flexibility for companies to hire and fire employees. Amid political protests …
Read More »The center plans to let companies with 300 workers lay off without permission
The bill was presented by Labor Minister Santosh Gangwar (Archive) New Delhi: Companies with no fewer than 300 workers will soon be able to hire and fire workers without seeking prior permission from the government, and the Labor Ministry will propose changes to the rules in a bill presented in …
Read More »Rahul Gandhi attacks government for “no data on migrant worker deaths” | India News
NEW DELHI: Returning to verse to attack the Center for its statement that it has no data on the number of migrants who died during the lockdown, Congressional Leader Rahul Gandhi said on Tuesday that the world saw the deaths, but only the Modi government did not know. Union Labor …
Read More »EPF withdrawals totaled more than Rs 39 billion during March-August: Government
NEW DELHI: Members of the retirement fund body, the Employees Provident Fund Organization (EPFO), withdrew Rs 39,402.9 million between March 25 and August 31 this year, Minister of Labor Santosh Gangwar saying Parliament in a written response on Monday. the maximum quantity of EPF withdrawals during the period were made …
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