Ministry of Labour & Employment issues Press Release on Employment and Retrenchment of Workers
Based on their respective jurisdictions as demarcated in the ID Act, Central and State Governments take actions to address the issues of the workmen and protect their interests. In the establishments that lie in the jurisdiction of Central Government, the Central Industrial Relations Machinery (CIRM) is entrusted with the task of maintaining good Industrial relations and protects the interest of workers including on the matters relating to lay off and its prevention.
Ministry of MSMEs issues Press Release on Samadhan Portal
The Ministry of Micro, Small & Medium Enterprises (MSMEs) has issued a press release on filing of grievances & monitoring of the outstanding dues to the Micro and Small Enterprises (MSEs). For ease of filing of grievances & for monitoring of the outstanding dues to the Micro and Small Enterprises (MSEs) from the buyers of goods and services, the Ministry of MSME launched a portal, viz. Samadhaan portal
Ministry of Steel issues Press Release on Crude Steel Capacity Growth
The crude steel capacity of the country has increased from 137.97 million tonnes (MT) in 2017-18 to 154.06 MT in 2021-22 and is envisaged to reach 300 MT by 2030-31. The production capacity of 300 MT shall be achieved by the private and public sectors expanding their production capacities.
SEBI clarifies on Qualified RTAs
An RTA shall be categorized as a QRTA if at any time during a financial year, the combined number of physical and demat folios being serviced by the RTA for listed companies exceeds 2 crore. In case of an RTA being categorized as a QRTA, an intimation to this effect shall be sent by the RTA within 5 working days to SEBI.
CBIC revises tariff rates of Oils, Precious Metals and Areca nuts
These rates had last been revised on 15th February, 2013. By virtue of the present notification, most of the tariff values of specified imported goods have increased slightly. These goods include crude palm oil, refined, bleached and deodorised (RBD) palm oil, crude palmolein, etc.
CBDT issues further measures to facilitate voluntary tax compliance
With a view to effectively utilize the data collected from various sources, the entire information is now displayed to the taxpayer through the Annual Information Statement (AIS). The AIS provides a facility to the taxpayer to object to any information if the Source has misreported any such information. The Department confirms the said information with the Source and if the Source states that there is no error, the said information is subjected to risk assessment for e-Verification.
EPFO extends date for applications regarding pension on Higher wages
Online facility for submitting applications for validation of joint options to the employees who retired before 01.09.2014 and had exercised joint options before their retirement had been provided on the EPFO Website till 03.03.2023. Now, on demand of the employees’ / employers’ associations the Chairman, Central Board of Trustees has extended the time for submitting applications for validation of joint options from such employees till 3rd May 2023.
e-SHRAM portal is integrated with Pradhan Mantri Shram Yogi Maandhan Scheme (PMSYM)
On attaining age of 60 years, a monthly pension of Rs. 3000 is provided to PMSYM beneficiaries. e-SHRAM registrants can easily opt for PMSYM scheme using e-SHRAM Universal Account Number.
Punjab News Web Channel Policy, 2022
Punjab News Web Channel Policy, 2022 shall come into effect on March 06, 2023.
