Hundreds of workers of Ford Motors gathered in front of the plant in Sanand, about 25 kilometres from Ahmedabad, Gujarat to protest against the closure of the company. The workers demanded primarily that the company should not shut down. If it has to, the workers sought intervention from the state government to ensure that Ford’s employees will get a priority for jobs at the same wage in the...Read More
Social commerce platform Meesho on Thursday announced a 30-week gender-neutral parental leave policy as part of its efforts of rolling out inclusive policies for its employees. The policy has been designed with an outlook to provide fulfilling employee experiences, cognizant of the efforts in caregiving and growing a family, Meesho said in a statement. The new policies also reflect evolving...Read More
Yes, All employees are entitled to overtime whenever they are called to work on Saturday or Sunday because five day week policy is adopted by the Company.
Accordingly, Saturday is holiday for such employees. Employer can not convert Saturday as working day for them because in other organisations Saturday is working day. Now question comes of category entitled for overtime wages. There is no...Read More
The four labour codes are unlikely to be implemented this fiscal in view of slow progress on the drafting of rules by the states and also for political reasons like elections in Uttar Pradesh, a source said.
The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees and firms have to bear higher...Read More
Finally Government of India notifies THE NATIONAL PENSION SCHEME (NPS) FOR TRADERS, SHOPKEEPRS AND SELF-EMPLOYED PERSONS, 2019 on August, 2021.
Ref: Govt. of India Gazette No. 2988, Ext. P. II, S. 3, sub-s (ii), dated 11.8.2021.
Highlights of the Scheme….
This Scheme will be implemented through the Life Insurance Corporation of India.
This Scheme shall provide minimum Pension of Rs....Read More
Some of the questions as follow,
1. Can an employee withdraw from VRS after opting for the same?
Ans: Yes, an employee can withdraw from VRS but before its acceptance by the Company.
2. Is Govt. Permission required for declaring VRS?
Ans: No, for introducing VRS or VSS (Voluntary Separation Scheme), no permission is required to be taken from the appropriate Govt. since under Labour Laws VRS...Read More
Interest on employee contribution to provident fund (PF), hitherto exempt, was made taxable vide the Finance Act, 2021, on contributions exceeding a prescribed threshold of ₹2.5 lakh ( ₹5 lakh in cases where there is no contribution by the employer) in any financial year (FY). The objective of Budget 2021 was to limit the exemptions granted with respect to the accumulated balance...Read More
Setting aside Tamil Nadu Women’s Commission order directing Loyola College Society to pay Rs. 64.3 lakh to a terminated female employee who had levelled sexual harassment charges against a former principal, the Madras High Court on Wednesday ruled that personal feud, misunderstandings and not getting along with a male colleague would not constitute sexual harassment.
Justice N. Satish...Read More
In a move that would benefit thousands of employees of large and small establishments, particularly those working in textile and jewellery showrooms, the Tamil Nadu Government on Monday tabled a Bill in the Legislative Assembly making it mandatory for establishments to provide seating facilities for employees. The Bill introduced by Labour Welfare Minister and Skill Development C.V. Ganesan...Read More
Axis Bank has announced ComeAsYouAre, a charter of policies and practices for their employees and customers from the LGBTQIA+ community.
The initiative has been taken under the bank’s #DilSeOpen philosophy. Key Takeaways from the charter: Inclusive initiatives for the employees include –
Listing partners for Mediclaim benefits irrespective of gender, sex, or marital status...Read More
