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Labour Ministry has notified unemployment benefit to ESIC subscribers The Labour Ministry has no...
Union Cabinet approves Labour Law Codes at a meeting held on th September Three labour codes inv...
The Employees Provident Fund Organisation EPFO on Wednesday increased the maximum assurance benef...
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 […]
Good news for salaried employees! Central government is likely to cut threshold for gratuity The government is considering to reduce existing 5 year-limit for employees and easing the minimum eligibility condition for gratuity payments as shorter tenures are increasingly becoming the norm in India, government officials said. The plan is to lower the threshold from five years […]
Government of India to hike confinement expenses payable under ESIC scheme to Rs 7,500 The Employees’ State Insurance Corporation (ESIC) has decided to boost the monetary grant paid to a pregnant insured woman or an insured person for his wife under ESIC’s health insurance scheme by Rs 2,500 to Rs 7,500 just in case they can not avail maternity services […]
EPF contributions will be deducted at old rates, at 12% from Aug 1, 2020 The government had cut EPF contribution, as a part of the relief measures that were announced by the FM to help both employees and employers to sail through the COVID crisis. Now from next month, the deductions will revert to old […]
