The Ministry is transforming the National Employment Service comprising a network of 978 Employment Exchanges into National Career Service (NCS) by leveraging information technology to improve the delivery of services. The previous system required job seekers to physically visit the Employment Exchanges for registration, verify their records and wait for opportunities to come. Similarly, the…
National Floor Level Minimum Wage (NFLMU) has been revised upwards from existing Rs. 137/-to Rs. 160/-per day w.e.f. 01.07.2015. In a letter written to all the Chief Ministers and LGs today, Shri Bandaru Dattatraya, the Minister of State(IC) for Labour and Employment has urged to take necessary steps for fixation/revision of the minimum rates of…
There are many employees who are struggling to get their details corrected in PF records. Details like name of the employee, Father/ Spouse name and Date of Birth are the details which can be corrected. For the purpose of correction, one needs to follow the process as given below: For change of name of employee…
Following the Supreme Court order last year, Govt. of India had constituted the SIT in the matter of Black money. SIT has submitted its (third) report to Govt. of India. Recommendations of SIT on Black Money is being given below: Misuse of exemption on Long Term Capital gains tax for money laundering (Reference p. 82-84…
The Social Security Agreement between India and Austria was signed on 4 February 2013. The Agreement has now come into force with effect from 1 July 2015. The Agreement will have the following benefits: For foreign nationals working in India: 1. Exemption from social security contributions in India 2. Early withdrawal of contributions from Provident…