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Government to help families who lost the earning member due to Covid

Family Pension to be given to dependents of those who lost their lives due to Covid under Employees State Insurance CorporationInsurance benefits under the EDLI scheme enhanced and liberalized These schemes will help mitigate financial difficulties faced by the families: PM In addition to the measures announced under PM CARES for Children- Empowerment of Covid affected children, Government of India has announced further measures to help families who have lost… Read More »Government to help families who lost the earning member due to Covid

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EPF Death Benefit in Covid19 Pandemic

EPF Death Benefit in Covid19 Pandemic(EDLI – Employees Deposit Linked Insurance Scheme) Eligibility : All EPF Active Member in case of Death during his/her Service or Job. Contribution : Nil (Only by Employer 0.5% on Basic) Who Claim : Nominees, Family members or Legal Heirs. Maximum Basic Salary Capping : Rs. 15000/- pm. Maximum Claim Amount : Rs.7,00,000/-. Calculation of Maximum Claim Amount : { Average Month Salary of last… Read More »EPF Death Benefit in Covid19 Pandemic

Cabinet approves EPF subsidy for new workers

The Union Cabinet on Wednesday approved a scheme that would entail the government paying Employees Provident Fund (EPF) contributions of both the employee and employer for two years for new workers hired from October 1 to June 30, 2021. Announcing the decision taken by the Cabinet at a meeting chaired by Prime Minister Narendra Modi, Labour and Employment Minister Santosh Kumar Gangwar said the Atmanirbhar Bharat Rojgar Yojana would boost… Read More »Cabinet approves EPF subsidy for new workers

Atmanirbhar Bharat RojgarYojana (ABRY)

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has given its approval for Atmanirbhar Bharat RojgarYojana (ABRY) to boost employment in formal sector and incentivize creation of new employment opportunities during the Covid recovery phase under Atmanirbhar Bharat Package 3.0. Cabinet has approved an expenditure of Rs. 1,584 crore for the current financial yearand Rs.22,810 crore for the entire Scheme period i.e. 2020-2023. The salient features of… Read More »Atmanirbhar Bharat RojgarYojana (ABRY)