Labour Ministry

Friday, Apr 19, 2024 | Last Update : 07:38 AM IST

EPF interest hiked to 3-year high of 8.25%

This will be the highest rate of interest for EPF subscribers in the last three years

11 Feb 2024 1:17 AM

The Code on Social Security provides for creating a social security fund that will help in bringing informal sector workers under the social security net as well as welfare schemes. (Representional Image: PTI)

2022: Daunting labour reforms, informal workers' social security fund await take off

More than 17 crore informal sector workers have registered themselves on the e-Shram portal

31 Dec 2021 3:11 PM

EPFO allows employers to register digital signatures through e-mail. (Photo- Twitter)

EPFO alert! Employers to register digital signatures online through e-mail

Employers are not able to function normally and are facing problems in using their digital signatures or Aadhaar-based e-sign on EPFO portal

07 May 2020 1:15 PM

Farmers travel in a crowded boat as they carry their vegetables to a wholesale market during the complete lockdown imposed in the wake of coronavirus (COVID-19) pandemic, in Patna. PTI photo

Labour ministry sets up control rooms to address migrant workers' problems

The Prime Minister has announced extension of the nationwide lockdown till May 3 with conditional relaxation from April 20

14 Apr 2020 1:47 PM

EPFO settles 1.37 lakh withdrawal claims amid covid19. (ANI- Photo)

EPFO settles 1.37 lakh covid19 withdrawal claims

The provision for a special withdrawal from EPF scheme to fight Covid-19 pandemic is part of the PMGKY scheme announced by the government

10 Apr 2020 4:42 PM

Rafael Delgado places free meals for residents that signed up online on a table for curbside delivery at a restaurant Wednesday. (AP Photo)

Spanish jobless claims jump by over 3,00,000 in March

Pandemic "changed the trend" in unemployment figures for March, after only 2,857 workers filled jobless claims in the first 12 days

06 Apr 2020 11:07 AM

The data released by the labour ministry on a day when Modi 2.0 Cabinet took charge, showed 7.8 per cent of all employable urban youth being jobless.

Unemployment rate at 6.1 per cent in 2017-18, confirms govt data

The joblessness among male on all India basis was 6.2 per cent, while it was 5.7 per cent in case of females.

31 May 2019 6:13 PM

EPFO does not have sufficient fund to double the pension on its own and needs financial support to implement the scheme.

Amid fund crunch, EPFO shelves plan to double minimum pension

Govt has guaranteed a least benefits of Rs 3,000 per month for informal sector workers through PMSYM scheme.

28 Mar 2019 3:03 PM

"Ministry of Finance has enhanced the income tax exemption for gratuity under Section 10 (10) (iii) of the Income Tax Act, 1961 to Rs 20 lakhs," a labour ministry statement said.

Income tax exemption limit on gratuity doubled to Rs 20 lakh, says labour ministry

'This would benefit those employees of PSUs and others not covered by Payment of Gratuity Act, 1972,' said Labour Minister Santosh Gangwar.

07 Mar 2019 6:47 PM

Retail inflation for industrial workers rose to 5.61 per cent in August from 2.52 per cent in the year-ago month mainly due to rise in prices of food items and petroleum products.

Retail inflation for industrial workers rise to 5.61 pc in August

The indices of 37 centres are above All-India Index and 41 centres' indices are below national average.

01 Oct 2018 5:50 PM

Retail inflation for industrial workers rose to 3.93 pc in June

Retail inflation for industrial workers rose to 3.93 per cent in June from 1.08 per cent in the same month of last year.

01 Aug 2018 7:25 PM

Retail inflation for industrial workers remained flat at 3.96 per cent in May compared to 3.97 per cent in April this year, a Labour Ministry statement said on Monday.

Retail inflation for industrial workers remains flat at 3.96 pc in May

The all-India CPI-IW for May, 2018 increased by 1 point and pegged at 289.

02 Jul 2018 3:59 PM

To avoid unnecessary litigation, the government has directed central PSUs to challenge only those cases where policies and larger legal issues are involved, instead of routinely filing writ petitions in high courts against the disputes referred to industrial tribunals for adjudication.

Govt directs PSUs to challenge only those cases which involve larger issues

The ministry requests that such litigation can be avoided by effective compliance of the provisions of labour laws.

26 Jun 2018 1:30 PM

Now over 5 lakh employers together would save around Rs 900 crore annually following the retirement fund body EPFO's decision to cut administrative charges, with effect from June 1, 2018.

EPFO cuts administrative charges, firms to save Rs 900 cr annually

The EPFO has accumulated surplus of over Rs 20,000 crore in the administrative charges account.

27 May 2018 1:56 PM

The Labour Ministry has proposed free insurance cover, monthly pension of Rs 1,000 after 60 years of age, scholarships for children, and reimbursement of medical expenses.

Centre pitches for Rs 1,000 pension for construction workers

The ministry has sought public comments on the scheme, formulated on the direction of the Supreme Court, till May 21, 2018.

17 May 2018 7:06 PM

The labour ministry is likely to notify this week the 5-year low 8.55 per cent interest on PF for 2017-18.

Govt likely to notify 8.55 pc interest on PF for FY18 this week

The labour ministry has sought Election Commission's approval to notify rate of interest for crediting the same into members' accounts.

06 May 2018 1:20 PM

The introduction of this facility is part of EPFO's plan to go paperless by August this year.

Now pensioners can view passbook using Umang app

EPFO is already providing various e-services for its stakeholders through Umang.

03 May 2018 4:14 PM

The labour ministry has extended the dateline for receiving comments from stakeholders on its proposed labour code on safety and working conditions of workers until May 31, 2018.

Labour Min extends date for comments on workers safety code

Persons employed below ground in a mine shall not be allowed to work for more than eight hours in any day.

29 Apr 2018 12:08 PM

The fixed term employment was introduced in apparel manufacturing sector in Industrial Employment (Standing Order) Act in October, 2016.

Govt extends facility of fixed term employment for all sectors

The employer can directly hire a worker for a fixed term without mediation of any contractor.

20 Mar 2018 5:45 PM

The new facility is in addition to the existing one on the EPFO website.

Now link Aadhaar with PF account via UMANG app

The facility on e-KYC portal has added a new feature to link UAN with Aadhaar online using biometric credentials.

27 Feb 2018 3:17 PM

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Columns

Mohan Guruswamy

labour ministry