Explore the latest Labour Law news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
While the government has decided to rejig the tax structure by introducing new slabs and reducing ta...
The government has found lakh beneficiaries in as many as , companies took benefit of the Cen...
Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and ac...
Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and accountability through reforms and enforcement of Labour Laws in 2019. Based on data received from The Ministry of Labour and Employment, below are major steps taken by ESIC in 2019. Rate Reduction in ESI Contribution The ESI Corporation has reduced […]
Ministry of Labour and Employment has taken a number of initiatives for bringing transparency and accountability through reforms and enforcement of Labour Laws in 2019. Here are the major initiatives were taken in EPFO. Three new apps to improve service delivery of subscribers were launched by Shri Santosh Kumar Gangwar, Minister of State (I/C) for […]
Reformation of labour legislations in India is continued after notifying the Code on Wages as an Act. The Code on Social Security, The Code on Industrial Relations and The Code on Occupational Health and Safety are introduced in Lok sabha and expected to be implemented in early 2020. The Code on Social Security will amend […]
According to a Livemint report, The EPFO has launched a new online feature ‘date of exit’ on the EPF portal wherein employees can update their date of exit for the previous organizations they have worked with. The date of exit needs to be updated on the EPFO portal for employees to transfer the funds online […]
The benefits of the provident fund should be extended to contractual employees, the Supreme Court has held in a recent judgment. A Bench of Justices U.U. Lalit and Indu Malhotra has held that employees who draw wages or salaries directly or indirectly from a company are entitled to provident fund benefits under the Employees Provident […]
The inclusion of “gig workers” in new labour laws, offering millions of informal workers of companies like Uber, Ola, Zomato, Swiggy, Dunzo, etc benefits such as health insurance and other schemes, is set to be okayed by Parliament’s standing committee on labour which concluded its discussions on 9th Jan 2020, Thursday. In its brief to the committee, headed […]
The Employees’ Provident Fund Organisation (EPFO) may reduce the interest rate to its subscribers by 15-25 basis points, leading to lower returns for the financial year ending March 31, 2020. This comes in the wake of EPFO offering its subscribers an interest of 8.65% in 2018-19 fiscal after taking seven months to convince the finance ministry of […]
The labour ministry plans to launch a new portal ‘Santusht’ in Jan 2020 for the speedy redressal of worker as well as employer grievances and ensuring effective implementation of labour laws at the grassroots level. Initially, Santusht (Hindi for satisfied) would monitor all services provided by retirement fund body EPFO and health insurance and services […]
The labour ministry will enforce the retirement fund body EPFO’s decision to restore pension commutation, or advance part-withdrawal, under the Employees’ Pension Scheme from January 1, 2020, a move which will benefit 6.3 lakh pensioners, PTI reports. These 6.3 lakh pensioners had opted for commutation of their pension and got a lump sum amount at […]
As per a report in Business Standard, The government is planning to implement all the four labour codes on a single date in 2020-21 because the government believes that a single date for the implementation of all the four labour codes will be fruitful because it will ensure uniformity and will lead to efficient execution. […]
Definition of Wages Definition of Wages under the Code is defined as all remuneration whether by way of salaries, allowances or otherwise. This includes – basic pay, dearness allowance and retaining allowance, if any. However, it excludes certain specified compensation items such as value of housing accommodation, conveyance allowance, leave travel allowance etc. If the […]
Labour minister Santosh Kumar Gangwar, on Wednesday, introduced the Social Security Code Bill, 2019 in Lok Sabha, paving way for universalization of social security for 50 crore workers in the country. Union Cabinet had approved the bill last week. The bill seeks to establish a social security fund and tap the corporate social responsibility fund […]
