Retirement fund body EPFO may bring 500 private PF trusts within its fold whose EPF accumulations are around Rs. 1 crore each, or have up to 20 members, for offering better services to those subscribers. Besides, this will improve monitoring of over 1,000 such trusts which have large subscriber base and manage huge EPF accumulations.
The Labour Ministry is in the process of amending Employees' Provident Fund Scheme 1952, so that large private PF trusts having accumulations can carry on the management...
Members of the Information Technology Employees' Union (ITEU) have sought the intervention of Karnataka's IT Minister Priyank Kharge to prevent illegal layoffs by software firms in the state."We urge Kharge to intervene and prevent arbitrary and illegal retrenchment of thousands of employees by software companies in the state," ITEU President A.C. Kumara Swamy told reporters here.Swamy alleged that software major Wipro Ltd was set to sack about 6,000 employees by June 30 and many more IT firms were...
An Australian engineer has come up with a high-tech solution to combat the rampant deforestation the globe is facing; by developing drones that can plant trees at a rate of nearly 1 billion trees per year!
Engineer Susan Graham revealed that she has developed a drone that is capable of first scanning the land looking for ideal places to grow trees, and then second launching seeds directly into the soil. The drones would be able to access places that would be difficult to reach manually and plant...
Indian cricketer Virat Kohli has now become the most followed Indian celebrity on Facebook taking the No.1 spot from Actor-producer Salman Khan.
On Sunday morning, Virat's official Facebook page had around 6,00,000 more followers than Salman Khan thus making him the king of social media with the maximum likes on his social handle too.
Captain of Indian cricket team in all the three formats, Virat has earned all the love from his countrymen in the last few years when he single-handedly won...
The Sahayak system of the Indian Army, in place since the colonial era which has fresh jawans attached to senior officers, has faced severe backlash as many former Sahayaks have claimed that they are treated as servants by the respective officers they have been attached to.
According to reports, the Indian Army is considering to replace Sahayaks in peace stations with civilian staff and retain the Sahayak or buddy system in key bases and field areas where the soldiers will have specified military...
Karisma Kapoor has a charm so unmissable that even after she left acting, her fan following has only increased. She is turning 43 on Sunday and looks nothing less that gorgeous. In fact, Lolo happens to be in the best phase of her life. She is doing events, brand endorsements, promoting good causes, staying fit and going on some grand vacations!
Karisma always has her fashion game on point and leaves no choice for her fans to fall in love with the lady at 43! She has been recently holidaying in...
Will BJP MPs, MLAs Submit Their Bank Statements As Asked By PM Modi?
NEWS WORLD INDIA | 0
November 29 , 2016 , 12:53 IST
[caption id="attachment_235073" align="aligncenter" width="700"] Demonetisation: PM Modi Asks BJP MPS, MLAs To Submit Bank Statements By Jan 1[/caption]
Prime Minister Narendra Modi on Tuesday asked BJP MPs and MLAs to submit their bank account statements of transaction between November 8, the day he announced demonetisation, and December 31 to party chief Amit Shah on January 1, 2017.
Modi's direction at the BJP Parliamentary Party meeting came following allegations by opposition parties that the BJP had tipped off some of its own leaders ahead of the demonetisation announcement.
ALSO READ: Demonetisation Situation Is Being Monitored On A Daily Basis: RBI Governor Urjit Patel
In an apparent response to the charge that the bill to amend IT Act will help turn black money into white, the Prime Minister said the amended Act will channel the money looted from the poor for their welfare.
The amended Act, he said, is a programme for the poor's welfare from Lok Kalyan Marg, the new name of the road where the Prime Minister's residence is located.
"The amendment is not for turning black money into white but to spend the money looted from the poor on their welfare," he said.
ALSO READ: BJP Leaders Given Enough Time To Adjust Black Money Before Demonetisation: Mayawati
Quoting Modi, Parliamentary Affairs Minister Ananth Kumar told reporters that the bill is part of his government's fight against blackmoney.
A part of the tax collected on the money deposited under this scheme will be spent on electricity, roads, toilets and education among other welfare measures, he said.
Modo also sought everybody's support in his effort to usher in digital/mobile economy and push the society towards cashless transactions.
ALSO READ: BJP Ministers To Meet Party MPs For Briefing Them About Demonetisation Move
At the meeting, Amit Shah told party MPs to motivate traders in panchayats, municipalities and other local bodies falling in their constituency to shift to cashless transactions.
Asked about impasse in Parliament over demonetisation, Kumar said the government has been ready for discussion from the day one of the Winter session and Modi will also intervene in both the House if the opposition wanted.
The opposition wants discussion under Rule 56 which entails voting, a condition unacceptable to the government.