Jobs are back in formal economy
Cumulatively, 2,642,549 employees were added in November under the three social security schemes of the govt as per the payroll data released by the ministry of statistics and programme implementation. While 1,162,863 net additions were in EPFO, 1433,000 people were added under the Employees’ State Insurance Scheme and 46,686 were added under the National Pension Scheme.
Payroll data: Over 23 lakh formal jobs created in November
The government has been publishing the data on employment created in the formal se...
What women bosses want this Budget: Focus on women wellness, funds to spread menstrual hygiene awareness
What women business leaders share th...
LIC’s Rs 11,000-crore exposure to DHFL, Reliance Cap, Sintex defaults in H1 FY20
With AUM of Rs 30 lakh crore, LIC is the largest domestic institutional investor.
Budget 2020 should cut tax outgo by changing sec 80c, family pension laws
Deduction under section 80C is a deduction from gross total income which can be claimed for investment in specified avenues, expenditures up till a specified limit. The existing maximum deduction available under this section is Rs 1.5 lakh, set in 2014.
Over a period of time, fresh money will come in to spur investment: Vibha Padalkar
HDFC Life’s CEO on new business growth, margin expansion, 90% 13-month persistency & more
India commands the top score on the Women, Business and Law Index 2020 in South Asia
India overtook Maldives to command the highest WBL score in the South Asian region in 2020. The World Bank study mentions the measure taken by the state of Maharashtra to eliminate restrictions on women’s ability to work in jobs deemed dangerous.
You’ll never find an entry point if you wait for India to trade at a discount: Bill Maldonado
Logically, money will go out of developed markets and more into EMs such as Asia.
'Coal companies must make extra voluntary contribution to staff pension fund'
Coal Mines Provident Fund Organisation commissioner Animesh Bharti told ET: “Following a recent resolution by the trustee board of the CMPFO, coal companies will soon be asked to make voluntary contribution of Rs 10 per tonne of coal produced.
Finance Ministry to showcase achievements of financial inclusion at Republic Day parade
Besides DFS, Department for Promotion of Industry and Internal Trade, Department of Drinking Water and Sanitation, NDRF Ministry of Home Affairs, CPWD Ministry of Housing and Urban Affairs, and Ministry of Shipping will also participate in the Republic Day parade, according to a Defence Ministry release.
Australia shares end lower as China virus scare grips markets
The S&P/ASX 200 index slipped 0.6 per cent to end at 7,088.
Uttarakhand government mulls introducing pension scheme for acid attack survivors
There are ten acid attack survivors in Uttarakhand who live in Haridwar, Nainital and Udham Singh Nagar districts.
Army plans special pensions for 1965, 1971 war veterans: Indian Army chief General Naravane
"Some proposals have been sent to the Defence Ministry by Army Headquarters after due consideration which includes that the emergency Commissioned and Short Service Commission officers who took part in 1965 and 1971 war, should be given pension-like 'Swatantra SenSamman Pension Scheme'," Army chief said.
ESIC payroll data shows over 19 lakh additions in November
The net addition to the ESIC, after excluding those who ceased paying their contribution during the month, was 6.97 lakh, the highest for any month in the current fiscal year.
Lower PF contribution may be allowed for select class of workers
A senior government official told ET that lower contribution rule under PF will not apply to all.
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