Labour Minister Bandaru Dattatreya
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All Stories for Labour Minister Bandaru Dattatreya
Now you can settle your PF withdrawal claim in just 10 days
•The EPFO e-court Management System has also been launched which is in tune with the vision of Prime Minister Narendra Modi of digital India
Finance ministry approves 8.65% interest rate on PF for 2016-17: Labour Minister
•The ratification of the 8.65 percent interest on EPF will enable the retirement fund body EPFO to credit this rate of return into the accounts of four crore subscribers.
EPFO retirement bonanza: Contributed for 20 yrs? You will get Rs 50,000 loyalty benefit
•According to the proposal, loyalty-cum-life benefit will be provided to all those members on retirement at 58 or 60 years who have contributed to the scheme for 20 years or more
You may soon get to use 90% of your PF money to buy home, govt to amend scheme
•The amendment in the scheme will also allow the Employees' Provident Fund Organisation (EPFO) subscribers to use their EPF accounts for paying equated monthly instalments (EMIs) of home loans.
Budget may levy new cess to provide social security to coolies
•"The proposal makes a lot sense because 10 paisa cess per ticket will not burn of a hole into travellers' pockets. Besides it would help railways to mop up funds to provide social security to coolies," said the source.
Provident fund body likely to hike monthly wage ceiling to Rs 25,000 on 19 December
•EPFO had increased the wage ceiling to Rs 15,000 per month from Rs 6,500 on 1 September, 2014 in view of price rise and pay revisions in the formal sector.
Employees' State Insurance Corporation raises wage threshold to Rs 21,000
•The Employees' State Insurance Corporation (ESIC) today raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme.
Lok Sabha passes bill to double overtime hours for factory workers
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Women to get 6 months maternity leave, Cabinet clears changes to Act
•It is applicable to all establishments employing 10 or more persons and the amendments will help around 1.8 million women workforce in the organised sector.
EPF conundrum: Jaitley wins no brownie points with repeated U-turns
Dinesh Unnikrishnan123 •For the third time in two months, finance minister, Arun Jaitley, has been forced to go back on his words on the Employee Provident Fund Issue (EPF). The latest reversal came on Friday when the finance ministry increased the EPF rate to 8.8 per cent from 8.7 per cent decided earlier.