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WAGE SUBSIDY SCHEME
How the Employee Linked Incentive Scheme will aid in job creationThe Employment-Linked Incentive (ELI) Scheme aims to generate over 2 crore jobs within two years by formalising employment, especially in t...
Refund provision likely to be removed under ELI schemesThe government is considering removing the refund of subsidy clause for employers if an employee quits within a year. Instead, it may stop ...
Budget 2024: Sitharaman had one 'job', and she has done it wellBudget: The need for more jobs is at the centre of India's economic growth. In her seventh budget, Sitharaman took the bull by the horns an...
Higher EPS pension: Additional contribution of 1.16% for higher pension to be drawn from employers' payoutThe ministry said that the spirit of the EPF & MP Act as well as the Code (Code on Social Security) do not envisage contribution from the e...
NRIs based in 5 Eyes countries can gain from Covid Response Benefit SchemesPost the Pandemic, health and financial security has become the top priority for families worldwide, and India is no exception. Businesses ...
Atmanirbhar Bharat Rozgar Yojana: Job plan may have a tough job to doThe ceiling will exclude employers from benefiting from the subsidy for jobs that pay even slightly more than ₹15,000 but well within wage ...
How governments across the world are helping companies, workers in times of CovidHere's how the governments across the world have been helping both employers and employees in these testing times.
How countries around the world are helping employees & employersAs India waits for the next stimulus package, here’s a look at how other countries have opened their fiscal purse strings to give much-need...
Kerala CM announces wage subsidy scheme for new ventures“The investment climate prevailing in the state is most conducive. This is especially significant at a time when certain parts of the count...
EPFO will not construct houses, but become a facilitator: Bandaru DattatreyaGovernment intends to facilitate at least 10 lakh subscribers in next two year by allowing them to use 90% of EPF accumulations to make dow...
EPFO may soon allow members to contribute for pension schemeAt present, an employer contributes 8.33% of basic wages of Rs 15,000 per month towards to the Employees' Pension Scheme 1995 (EPS-95).
Widen scope of DBT scheme: Centre tells secretaries, statesWhile Department of Food incurs internal expenditure for providing subsidised foodgrains, biometric authentication ensures targeted disburs...
Government plans massive reboot of DBT scheme for easy transfer of moneyDBT 2.0 envisages the use of post offices and roping in the friendly postman as a delivery agent for door-to-door disbursal of payments.
Budget 2014: 5 point plan for developing skills across sectorsThe Skill Ministry should constitute a wage board which will quarterly publish the Minimum Wages based on scientific studies.
Finance Ministry approves Rs 1,000 minimum monthly pension planThe Finance Ministry has approved a proposal for providing a minimum monthly pension of Rs 1,000 to workers in the organised sector.
Rs 1,000 minimum monthly pension to be a reality this monthThe government is likely to approve this month a proposal that will entitle formal sector workers a minimum monthly pension of Rs 1,000.
Wind down the Employees Provident Fund, do not expand itLabour ministry’s proposal to raise the statutory wage ceiling for provident fund contributions should be turned down.
- Economic Survey 2013: Direct Benefit Transfer scheme not to substitute for delivery of public services
"The DBT scheme will not substitute entirely for delivery of public services for now.
- Cash transfer during high inflation not okay: CPM
CPM has opposed the Congress-led UPA government's direct cash transfer scheme and has said it would increase malnutrition and hunger in the...
- Budget 2011: NREGA outlay likely to stay flat this year
The forthcoming budget is unlikely to propose a steep hike in allocation of funds for the government's flagship rural welfare scheme despit...