Saturday, February 25, 2017

Gratuity payment ceiling to double to Rs 20 lakh; Unions support government decision

Gratuity payment ceiling to double to Rs 20 lakh; Unions support government decision The employees of organised sector can now be allowed to withdraw up to Rs 20 lakh from their gratuity fund. In a meeting between the labour ministry and representatives from states, employees and employers on Thursday, the decision reached to the consensus. The central trade unions have also agreed on doubling...

PFRDA eyes training 64,500 employees to create mass awareness on NPS, APY

PFRDA eyes training 64,500 employees to create mass awareness on NPS, APY NEW DELHI: Pension regulator PFRDA has appointed IL&FS Skill Development Corporation to train 64,500 government employees and other stakeholders on various aspects of flagship schemes NPS and APY. The training institute has been appointed to create mass awareness and impart training on National Pension System (NPS)...

UGC: Pay panel hike for 20%

UGC: Pay panel hike for 20% New Delhi/ Hyderabad: The University Grants Commission (UGC) at a meeting held on February 22 reportedly cleared the recommendations of the 5-member committee that looked into the pay revision for university and college teachers across the country. The report is now with the Ministry of Human Resources Development for its approval. The ministry is yet to look into...

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