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EPF-Supreme Court Recalls Its Order Upholding Kerala HC Ruling That Employee s Pension Should Be Proportional To Salary

EPF-Supreme Court Recalls Its Order Upholding Kerala HC Ruling That Employee s Pension Should Be Proportional To Salary
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ABRY: Labour ministry issues guidelines for Atma Nirbhar Bharat Rozgar Yojana

Synopsis The scheme was announced in November to incentivise formal job creation in the country and subsequently approved by the Cabinet in early December. The scheme will cost the government Rs 22,810 crore and the registration for the scheme will be effective from October 1, 2020 to June 30,2021 and is expected to create 5.5 million jobs. The labour ministry has issued guidelines for the Atma Nirbhar Bharat Rozgar Yojana, clarifying the government will only contribute to new employees earning up to Rs 15,000 a month as defined under the Employees Provident Fund & Miscellaneous Provisions Act . The scheme was announced in November to incentivise formal job creation in the country and subsequently approved by the Cabinet in early December.

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