About US | Contact Us
SEBI-Sahara case: Saleable Aamby Valley property..
No, Kangana's 'Manikarnika' is not releasing on Aug. 3..
INX media: Indrani Mukerjea sent to 14-day judicial custody..
Answer questions, do not make allegations in Parliament : Rahul to PM..
Country suffering due to 'wrong' policies of Congress : PM in LS..
Tendulkar urges BCCI to recognise India's blind cricket body..
Nasheed seeks Indian military intervention in Maldives crisis..
Tiger Shroff will be next seen in YRF's thriller film..
BJP MP Prahlad Joshi receives 'threatening' letters..
Maldivian crisis: Agitators open prison gate where 12 MPs being held..
Oil tanker with 22 Indians goes missing off West African coast: MEA..
MSMEs to lead consolidation phase of economy: Jaitley..
This won't just be a memory that defines them: Dravid..
Daughters born before 2005 have right in their fathersí property, says Supreme Court..
 
Opinion Poll

Loading...

 
Govt announces 12% EPF in wages of new employees across sectors

The government announced a contribution of 12 percent in Employees\' Provident Fund (EPF) in new employment across all sectors, UnionFinance Minister Arun Jaitley said on Thursday.

\"Nearly 70 lakh formal jobs have been created this year. The government will contribute 8.33 percent to EPF for new employees for three years and 12 percent EPF in sectors employing a large number of people. The facility of fixed-term employment will be extended,\" he said while presenting the Union Budget in Parliament.

Furthermore, Jaitley stated that the government has identified 372 specific business reform actions to improve the Ease of Doing Business, adding that the evaluation of performance under this programme will be based on user feedback. (ANI)

 
 
           
 
Copyright ¬© 2016. nwztoday, Bhubaneswar, Odisha. All rights reserved.   Powered by: nwztoday