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New rule for PF account holders from June 1: Do THIS or face huge financial loss - Employees' Provident Fund Organization (EPFO) has made some changes in the rules for its PF account holders, which will be applicable from June 1.
A collage of laws that leaves the worker out in the cold Updated: Updated: May 20, 2021 00:39 IST The universalisation of social security remains an unfulfilled aspiration in the new code on social security Share Article AAA The universalisation of social security remains an unfulfilled aspiration in the new code on social security As COVID-19 destroys lives and livelihoods, an unprepared government has rendered low-paid, informal workers, who constitute 91% of the workforce, totally hapless, pushing them further into poverty. Imagine if these same informal workers had social security (incl...
Rework social security code for informal workers × It needs to be simplified, avoiding multiple authorities and allowing for seamless integration of existing State-run schemes The Code on Social Security 2020 (SS Code) was passed in Parliament in September 2020 and obtained presidential assent. Thankfully, its implementation has been postponed due to States not issuing notifications. Now, due to the Covid crisis, implementation of all the four new Codes on labour is to be postponed to next year. This is good, since there are many problems with the Codes, especially the SS Code. The SS Code, ...
NEW DELHI: Workers seeking benefits under the government's new social security code will be mandated to share their Aadhaar details with the labour and employment ministry, according to new rules notified by the labour ministry on Tuesday. Labour secretary Apurva Chandra clarified on Wednesday that while the new rules has legally empowered the ministry to collect Aadhaar details from all beneficiaries who sign up to receive services or payment through various schemes under the Social Security Code 2020, "no benefit will be denied to workers due to the absence of Aadhaar", at least until such...
Synopsis So far, there was no biometric identification proof as a result of which lot of social security benefits were going to fake workers or going multiple times to the same person registered in different names. As per the Code, the Aadhaar registration is mandatory for all workers seeking benefit from the government in either kind or cash. The government has made Aadhaar the mandatory identification proof for all workers from the organised and unorganised sectors to avail of social security benefits from May 3. The objective is to weed out duplication and reduce wastage of resources. In ...