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The exercise has been felt necessary after millions of migrant workers moved back to their rural homes during the pandemic and the government had no data to track them.
Govt should reconsider its Budget proposal to enhance FDI limit in insurance sector: Bharatiya Mazdoor Sangh SECTIONS Govt should reconsider its Budget proposal to enhance FDI limit in insurance sector: Bharatiya Mazdoor SanghBy Share Synopsis “Government should reconsider its proposals to amend Insurance Act to increase FDI in insurance sector from 49% to 74% as well as relaxation of foreign investments in infrastructure sector as this will increase foreign dependence,” BMS general secretary Binoy Kumar Sinha said. Getty Images The Bharatiya Mazdoor Sangh, which is an RSS-affiliate trad...
P. Chidambaram. File Former Finance Minister P. Chidambaram on Friday slammed the government’s Economic Survey for showcasing the farm laws and the Labour Codes as part of structural reforms. “According to the Survey, the top three ‘structural reforms’ were the (1) anti farmer laws (2) the new MSME definition and (3) the four Labour Codes,” the opposition Congress leader tweeted. “The farmers have rejected the three Farm laws. The MSMEs have said that they had got no relief at all. The Trade Unions have, rejected the four Labour Codes! What is reform is what the people have r...
Chidambaram slams survey’s reform ‘claims’ Updated: Updated: Share Article AAA Former Finance Minister P. Chidambaram on Friday slammed the government’s Economic Survey for showcasing the farm laws and the Labour Codes as part of structural reforms. “According to the Survey, the top three ‘structural reforms’ were the (1) anti farmer laws (2) the new MSME definition and (3) the four Labour Codes,” the opposition Congress leader tweeted. “The farmers have rejected the three Farm laws. The MSMEs have said that they had got no relief at all. The Trade Unions have, rejected th...
An employee participating in EPF has rendered continuous service for five or more years; Or, if before 5 years, the employee’s service has been discontinued on grounds of ill-health, or by contraction or discontinuance of employer’s business or other causes beyond the control of the employee. In other circumstances, the accumulated balance withdrawn within five years of continuous service is considered as taxable income. During the Covid-19 pandemic, many employees lost their jobs due to business uncertainties. The following illustration brings out the taxability of EPF withdrawal in d...