New policy for domestic workers: Govt proposes Rs 9,000 minimum pay, mandatory leaves
To protect the interest of domestic workers, the government is readying a national policy that proposes a minimum salary of Rs 9,000 per month for the skilled full-time household helps, along with a host of benefits including social security cover and mandatory leaves.
Aug 16, 2015, 18:53 PM IST
Govt working on proposal to raise minimum wages
The government is working on a proposal to raise minimum wages of workers, a top Labour Ministry official said Tuesday.
Aug 11, 2015, 17:53 PM IST
`EPFO may invest more in equities next year`
The comments come as India`s Employees` Provident Fund Organisation (EPFO) said on Thursday it would invest in stocks this year for the first time.
Aug 06, 2015, 14:23 PM IST
EPFO to give members options for investment of their funds
Retirement fund body EPFO plans to give an option to its subscribers to choose from various investment products where they want their money to be invested and a larger focus might be eventually on the equity market.
Jul 31, 2015, 18:33 PM IST
EPFO to invest around Rs 410 crore in ETFs every month
Retirement fund body EPFO has decided to invest around Rs 410 crore in exchange trade funds (ETF) every month during the current fiscal.
Jul 27, 2015, 13:52 PM IST
5 key things you should know about premature PF withdrawals
The Labour Ministry will soon issue a notification in this regard to amend the Employees' Provident Fund Scheme to cap the withdrawal.
Jul 25, 2015, 10:46 AM IST
Govt set to cap premature PF withdrawals at 75%
The Labour Ministry is all set to cap premature provident fund withdrawal at 75 percent of total deposits in case an EPFO subscriber goes without a job for two months.
Jul 24, 2015, 19:21 PM IST
Govt hikes minimum wage to Rs 160 a day
After a gap of two years, the government on Tuesday hiked the minimum wage for workers by Rs 23 to Rs 160 a day.
Jul 07, 2015, 21:10 PM IST
India committed to achieve inclusive growth: Dattatreya
He assured that the government is committed to protect and safeguard the interests of workers and uphold the dignity of labour.
Jun 15, 2015, 17:39 PM IST
Govt proposes to relax labour laws for contract workers hiring
To improve ease of doing business, government is proposing relaxed set of labour laws for hiring of contract workers with greater flexibility to companies and a proposal on this may soon be taken to the Cabinet.
Jun 10, 2015, 18:39 PM IST
Unions question TDS on PF withdrawals, want order on hold
Opposing the government's decision to deduct tax at source on pre-mature PF withdrawals, trade unions on Friday said they will ask the Labour Ministry to put the EPFO order in this regard on hold.
May 22, 2015, 17:23 PM IST
PF contribution likely to be on 'Contributory Wages'
In a breather to employers, the Labour Ministry has proposed that contribution by companies towards their workers' EPF schemes would be a portion of "Contributory Wages" which will not include house rent and travel allowances.
May 20, 2015, 23:20 PM IST
EPFO to invest 5% of its corpus in equity market
The Labour Ministry has allowed investing a part of retirement fund body EPFO's incremental corpus in equity market in the form of exchange-traded funds, Central Provident Fund Commissioner K K Jalan said on Friday.
May 15, 2015, 23:29 PM IST
Labour Ministry to push reforms in Monsoon session
The government's key labour reforms bills on industrial relations, wages code, small factories and EPF are likely to be introduced in the next monsoon session of Parliament, sources said.
May 10, 2015, 11:28 AM IST
Govt allows investing 5% of EPFO corpus in stock markets
Government has allowed retirement fund body EPFO to invest 5 percent of its corpus in exchange traded funds which will result into an inflow of around Rs 5,000 crore into the stock markets during this fiscal.
Apr 24, 2015, 17:51 PM IST
Labour Min may notify new investment norms for EPFO soon
The Labour Ministry may soon notify new investment norms for EPFO allowing the retirement fund body to invest up to 5 percent of its huge corpus of Rs 6.5 lakh crore in exchange traded funds (ETF).
Apr 21, 2015, 18:05 PM IST
Labour Min to notify pattern of EPFO investment in equity soon
To facilitate flow of EPFO funds into equity markets, Labour Ministry is proposing to start with investment of 1 percent of its corpus into equity and related schemes and take it gradually to 5 percent.
Mar 31, 2015, 20:41 PM IST
EPFO investment in equity may not fully accept FinMin proposal
Labour Ministry will soon come out with guidelines on new investment pattern for equity and equity related schemes but is unlikely to fully accept the Finance Ministry's proposal in this regard.
Mar 12, 2015, 19:43 PM IST
Affordable housing scheme for EPFO subscribers in the works
The Ministry intends to collaborate with PSU banks, housing finance companies, state-owned construction firms like NBCC and authorities like DDA, PUDA, HUDA to build houses at a price to be fixed by the government.
Jan 04, 2015, 10:58 AM IST
'Centre could reduce or waive off PF dues'
Government is proposing to amend Employees Provident Fund & Miscellaneous Provisions Act to enable the Centre to reduce or waive off mandatory provident fund contributions by employees in certain cases.
Dec 23, 2014, 18:25 PM IST