According to an official statement, ILO has acknowledged India's...
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Pension & Social Security
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FM asks financial sector regulators to standardise KYC, refund of unclaimed assets to rightful owners
Lto R--Ajay Seth, Finance secretary, Sanjay Malhotra, Governor,...
74% employees prioritise long-term benefits over bigger paychecks: Report
Around 74 per cent of employees interviewed stated that they would...
EPFO likely to enhance investment limit in equities to 20 per cent
The proposal to revise the limit to 20 percent has been vetted and approved by the Employees' Provident Fund Organisation's (EPFO) advisory body Finance Audit and Investment Committee (FAIC) New Delhi: Retirement fund body EPFO is likely to approve this month a...
BoI launches digital mode for NPS enrollment
Bank of India launched its digital mode for the enrollment in National Pension System (NPS) in association with K-fintech. Customers can now open the NPS account on their mobile in a hassle free & paperless manner, simply by scanning the QR code. The new digital...
Labour codes’ implementation at appropriate time: Bhupender Yadav
Union Labour Minister Bhupender Yadav The new laws are in tune with the changing labour market trends and at the same time accommodate the minimum wage requirement and welfare needs of the unorganised sector workers, including the self-employed and migrant workers,...
Cost-Of-Living crisis to hit women hardest: Report
Saadia Zahidi, managing director at the forum, say women have been disproportionately affected by the cost-of-living crisis following labour market losses during the pandemic and insufficient “care infrastructure” — such as for the elderly or children A cost-of-living...
MHA adopts modified policy for appointment on compassionate ground
“ A holistic assessment of the financial condition of the family has to be made taking into consideration factors like presence of earning member(s), size of family, age of children and the financial needs of a family,” the guidelines said New Delhi: The Union Home...
EPFO to soon disburse pension to over 73 lakh pensioners in one go via central system
''A proposal for setting up a central pension disbursal system will be placed in the EPFO's apex decision-making body Central Board of Trustees (CBT) in a meeting scheduled on July 29 and 30,'' a source told PTI The source said that the CBT will also consider and...
PFRDA approves HDFC merger with HDFC Bank
''We wish to inform you that HDFC Limited has today i.e. on July 8, 2022, received an approval from PFRDA regarding change in its status/constitution pursuant to the Scheme in accordance with the PFRDA (Point of Presence) Regulations, 2018, subject to a condition that...
Coal pensioners’ body writes to PM Modi, seeks revision of post-retirement benefits
''We have written to the Prime Minister on July 5 on behalf of the 5.5 lakh pensioners seeking his intervention and stating our compelling decision to stage dharna from July 25 at Jantar-Mantar, New Delhi against non-review of CMPS-1998 and non-revision of pension,”...
Soaring inflation rates and Ukraine war push 71 million into poverty globally, warns UNDP
"Unprecedented price surges mean that for many people across the world, the food that they could afford yesterday is no longer attainable today/,This cost-of-living crisis is tipping millions of people into poverty and even starvation at breathtaking speed and with...
COVID-19 Pandemic: Risk lessons in a complex, inter-connected world
Today’s interconnected world is an evolving system, and disastrous events are often the results of systemic failures. The new UN report shows that It’s time to develop a deeper understanding of systemic risks, how they trigger other hazards and shocks, often in...