The labour codes establish distinct definitions for 'employee' and...
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Mandatory appointment letters, fixed work hours, social security benefits among key changes in new labour Codes
The Ministry of Labour & Employment has also taken steps to...
Worforce Reforms: 4 new labour codes implemented for welfare of workers in India
Under Code on Social Security, 2020 all workers including gig &...
NBSL launches NPS contributions via payments app
NPCI BHIM Services (NBSL), a wholly owned subsidiary of National Payments Corporation of India (NPCI), on Wednesday launched National Pension System (NPS) contributions through the payments app. BHIM users can now contribute to their existing NPS accounts with ease,...
East India better insured to take on retired life than other regions: Max Life Study
Notably, East India also led in National Pension System (NPS) ownership, with nearly one in four holding an NPS account. Financial product awareness among the respondents from the region was also high, with 97 per cent of individuals aware of life insurance and about...
Successful completion of pilot run of new Centralized Pension Payments System under EPS Scheme
Mansukh Mandaviya, Minister of Labour & Employment In CPPS, there will be no need for pensioners to visit the bank for any verification at the time of commencement of pension and the pension shall be immediately credited upon release, a labour ministry statement...
HC allows disability pension to diabetic former army man
According to the case details, the former soldier was enrolled in the Army on January 20, 2003, and was discharged from service on October 31, 2019, “at his own request on compassionate ground before completion of terms of engagement” in the medical category “due to...
Govt’s digital life certificate campaign to benefit over 1.81 lakh pensioners
The Department of Pension & Pensioners’ Welfare on Friday launched the third and the largest nationwide digital life certificates (DLC) campaign in 800 cities or districts across India from November 1-30 New Delhi: More than 1.8 lakh pensioners generated their...
Marriage registrations in China drop for the first nine months of 2024
Earlier this year, China reported its second annual drop in nationwide births, pushing the government to enact projects and initiatives in major cities to spur young Chinese to create a "new-era" marriage and childbearing culture to foster a friendly child bearing...
Goyal asks realtors to ensure guaranteed ESIC, PF registrations for 7 cr people working in sector
Piyush Goyal,Union Commerce and Industry Minister "I urge you to kindly think about this in very serious terms… can we ensure a guaranteed ESIC and provident fund registration of all these 70 million workmen and women (working in this sector)," Goyal told real estate...
In 10 yrs National Pension Scheme has 1.86 cr subscribers with an AUM of Rs 13 trillion: Sitharaman
Nirmala Sitharaman,Finance Minister NPS has generated 14 per cent, 9.1 per cent, and 8.8 per cent returns for investments in equity, corporate debt and G-Secs, respectively, Finance Minister Nirmala Sitharaman said New Delhi: Finance Minister Nirmala Sitharaman on...
Centre invites platform aggregators to register gig workers on e-Shram portal
Mansukh Mandaviya,Union Minister of Labour and Employment Earlier this month, the minister said the government is actively exploring various avenues to ensure these workers are covered under social security schemes. For the first time, gig and platform workers in...
Sitharaman to launch NPS Vatsalya Scheme tom
Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs NPS Vatsalya will allow parents to save for their children’s future by investing in a pension account and ensure long-term wealth with the power of compounding. NPS Vatsalya offers flexible...