Surabhi

Over the past few years, the EPFO has been working to improve its claim settlement period trying to bring it within the mandated one month period

The Socio-Economic & Caste Census is set to help in better targeting of beneficiaries using Jan Dhan-Aadhar-Mobile number trinity.

BN Rai, president, Bharatiya Mazdoor Sabha said the trade union will continue to oppose all policies of the government that it considers to be wrong.

Public response to the Centre’s proposed guidelines to encourage electronic payments on www.mygov.in the have been largely positive with many suggesting the complete withdrawal of currency notes.

However, 11 Central trade unions that have already opposed the proposed amendments have also announced a national strike on September 2.

Earlier, the Prime Minister’s Office too is understood to have written to state governments encouraging them to take forward labour law reforms.

The latest socio -economic and caste census is expected to be released by the finance minister on July 3.

Those with a Bachelor’s degree with statistics, mathematical statistics or applied statistics as one of the subjects are now eligible to apply for the service.

The initiatives are expected to boost investments in the lagging infra sector.

TCA Anant said that correlating a segment with the overall GVA is a strong assumption to make.

NSDA to introduce a portal which will track the supply of manpower and demand for job creation.

The Pension Fund Regulatory and Development Authority is set to launch an online portal soon.

Speaking to The Indian Express, SB Nayar, CMD, IIFCL, said that a large number of power and road projects are still stalled due to delays in land acquisitions and cost overruns.

Sources said finance ministry is in talks with the RBI to finalise modalities of the scheme under which banks would also be permitted to deposit the gold as part of their CRR and SLR requirements.

The Centre is planning a new scheme that will integrate entrepreneurship education with formal education.

Pension regulator examining recommendations of Bajpai panel that calls for greater flexibility to NPS.

Provident fund withdrawals before five years of completion of service will now attract income tax ranging between 10 per cent and 34.608 per cent. A new provision in the Finance Act, 2015 that becomes effective from June 1 has mandated that premature withdrawals of retirement savings that exceed Rs 30,000 before completion of five years […]

In the letter to the trade unions, Dattatreya said that the inter-ministerial committee has been formed on the advice of Prime Minister Narendra Modi.

The policy also focuses on imparting vocational training to school dropouts and enhancing the social status of such workers.

The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.

Ministry for deduction of provident fund on house rent, gratuity, other allowances along with basic wage.

India imports paper largely from countries including Germany, Japan and the UK though the ink for printing of currency notes is procured domestically.

While IIP data pegs growth at 2.8% in FY15, advanced estimates of national income shows a 6.8% growth.

The BJP, which has a strong support base of small traders, had vehemently opposed the UPA government’s move to allow 51 per cent FDI in the multi-brand retail sector.