Days after announcing a new set of criteria to define micro, small and medium enterprises (MSMEs) on which various official benefits will be extended, the government is considering a proposal to widen the definition again —
Sitharaman last week announced a plan to auction off as many as 500 mineral blocks over an unspecified period, but given the pace at which even the auctioned blocks turn operational, the investment landscape in the sector doe
With 500 mining blocks to be auctioned – no timeline has been given, though – along with a Rs 50,000 crore investment to ramp up critical infrastructure, and significant improvement in the process of getting mining licens
Jaiprakash Associates (JAL), the parent firm of Jaypee Infratech (JIL), has moved the National Company Law Appellate Tribunal (NCLAT) challenging the March 3 order of the National Company Law Tribunal (NCLT).
The two old-age pension schemes launched last year – one for the poorest of the poor namely street vendors, rickshaw pullers and rag pickers and the other for self-employed and small traders – have had only modest starts.
This facility provides liquidity support to employers, but is of no benefit to employees. Rather, employees will lose due to the delayed deployment of their funds by EPFO and resultant loss of interest income.
The changes have happened not only in some BJP-ruled states, but also in Congress-ruled states like Rajasthan and Punjab where working hours have been extended by four hours, but that four hours will be treated as overtime.
The Centre has released Rs 21,753 crore or 35% of the annual budget outlay under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MG-NREGS) in the first 40 days of the current financial year, as it sought to use
The National Highways Authority of India (NHAI) has put its plan to monetise operational publicly-funded highway projects on hold for two months, given that investors might not commit long-term investments at this juncture, d
The Hybrid Annuity Model (HAM) for highway projects that insulates private developers from virtually any commercial risks, is putting stress on the highly-leveraged balance sheet of the National Highways Authority of India (N
FTE workers/employees are entitled for all the benefits (except retrenchment compensation as termination of service as a result of completion of the tenure of FTE would not be considered as retrenchment) which are available t
The due date for depositing statutory contributions, aggregating one-fourth of one employee’s monthly wages, towards provident fund, to be deposited by an employer, falls within the first 15 days of the next month.
Employees have been directed to reach out to customers and maintain continuous offtake of finished steel from the plants so that cash flows are maintained and consequences of a liquidity crunch are avoided.
As on September 30, 2018, India had around 3.2 crore registered construction workers of which the highest were in Uttar Pradesh at 42 lakh followed by 31 lakh in West Bengal, 30 lakh in Madhya Pradesh, 29 lakh in Tamil Nadu a