EMPLOYER CONTRIBUTION
Government clears Rs 7,503 crore investments under ECMS in sixth tranche
The latest group of 12 applicants includes manufacturers of up- stream materials such as anode and cathode materials. Together, these companies plan to produce goods worth 182,243 crore at faci- lities across 10 states and employ more than 9,500 workers.
Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.
India targets 300 million tonnes of steel production by 2030, 500 million tonnes by 2047: G Kishan Reddy
India's Union Minister G Kishan Reddy announced plans to boost steel production significantly by 2047. The goal is to reach 300 million tonnes by 2030 and 500 million tonnes by 2047. Steel is essential for construction, linking to the aspirations of people for housing. The government also aims to increase iron ore production and improve raw material availability for the steel industry.
Waste to wealth: Centre earns over Rs 970 crore from disposal of scrap
Inspired by the vision and direction of Prime Minister Narendra Modi, and under the guidance of Union Minister of State for Personnel Jitendra Singh, the Special Campaign 6 for institutionalising swachhata and minimising pendency in government offices has recorded its highest-ever achievements across key parameters since the commencement of the annual special campaign in 2021, an official statement said.
West Bengal's new investment policy wins industry praise for jobs, innovation and ease of doing business
Mehul Mohanka, Chairman, CII Eastern Region said, "The policy is a progressive and forward-looking framework that reinforces the State’s commitment to industrial growth and advanced manufacturing and sends a strong signal to investors.”
A record 769,000 Americans now have $1 million in their 401(k). Here’s how much they save
As of late June, an impressive 769,000 people had exceeded $1 million in their workplace retirement accounts. Fidelity revealed that the average 401(k) balance was pegged at $155,800, while the median was notably lower at $35,800. In the second quarter, thanks to a 14.9% increase in the S&P 500, many account holders saw significant recovery.
- Go To Page 1
West Bengal investment policy puts jobs first, offers up to 120% assistance to industries
West Bengal has launched a new investment promotion policy aimed at encouraging industrial growth and job creation. The policy includes substantial incentives for businesses, especially those focused on employing women and transgender workers. It offers streamlined processes for approvals and payments, enhancing efficiency for investors. Priority areas will receive higher assistance levels and a framework for regular review every three years.
EPFO reveals conditions to join EPF, EPS and EDLI
The Ministry of Labour and Employment has raised the Employees' Provident Fund wage ceiling to enhance participation. Employees earning between Rs 15,000 and Rs 25,000 will now be required to join the schemes. Those earning less than Rs 15,000 can also opt into the schemes voluntarily. This increase in ceiling may lead to higher PF contributions and, consequently, greater retirement savings.
Russia's service sector stagnates, output rises marginally in October
Russia's service sector showed minimal growth in October, with a decrease in orders for the first time in three months. New businesses also fell, indicating a concerning trend amid declining export demand. Employment exhibited a marginal increase after a prolonged period of job cuts across the economy. Input cost inflation rose as firms adjusted selling prices to manage higher costs.
US midterm elections: What a Democratic Congress could mean for Indian H-1B visa holders
The potential shift towards a Democratic majority in Congress may reshape the discourse on immigration law. Nevertheless, specialists indicate that immediate adjustments for Indian tech workers concerning H-1B visas are improbable. The lingering impact of the previous administration on immigration policy remains prominent.
Just 3.6% of factories drive 62% of India's manufacturing output, survey shows
India's manufacturing sector shows a significant concentration of output in large factories generating over Rs 500 crore. While these plants represent only 3.6% of operational units, they account for over 62% of total manufacturing output. Smaller factories with output up to Rs 10 crore, in contrast, represent the majority of operational units but contribute minimally to output.
Big factories dominate India's manufacturing output, Annual Survey of Industries shows
India's manufacturing sector is characterised by a significant concentration in large factories generating substantial output. Factories producing over ₹500 crore contribute to more than three-fifths of total value added. Smaller factories represent a large number but have minimal output and value contribution.
‘Punjab’s remote control is in Delhi’: Rahul Gandhi attacks AAP, Bhagwant Mann over drugs; challenges PM for an open debate
Rahul Gandhi held an 'Insaaf Rally' in Sangrur, where he criticized the Aam Aadmi Party's governance in Punjab. He questioned Chief Minister Bhagwant Mann's effectiveness in combating drug abuse, emphasizing that Punjab needs a state-focused government. Gandhi recalled his concern for slain singer Sidhu Moose Wala, highlighting the threats faced by talented individuals in the state.
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
Canva layoffs: Employee's ‘four-year journey came to an unexpected end’ after job loss and shares an emotional post after layoff
Monica Gonzalez Castro, a former Operations Business Partner at Canva, was among the 1,200-plus employees affected by layoffs. Sharing an emotional LinkedIn post, she reflected on her four-year journey, thanked her colleagues and mentors, and described the experience as deeply rewarding. She also announced that she is looking for her next professional opportunity.
US Midterm elections results: Indian-American Democrat Pramila Jayapal wins against Nirav Sheth from Washington; continues fight for immigrant rights
Pramila Jayapal, the Indian-American Democrat, secures her re-election in Washington's 7th Congressional District with a commanding 87.5 per cent of the vote. A prominent advocate for immigration reform and healthcare, Jayapal's journey from immigrant rights activist to Congress showcases her commitment to progressive issues. Read about her impact on immigration policies and her wide-ranging legislative focus beyond just her district.
Garment workers' protests in Bangladesh turn violent
The BNP government has formed a wage board to determine revised pay scales for garment workers. However, protests have continued, potentially emerging as a major challenge for the Tarique Rahman government, which is already facing growing anti-incumbency amid a slowdown in the domestic economy.
India’s manufacturing output dominated by large factories, while smaller units lag behind
India's manufacturing sector is highly fragmented, with large factories significantly outpacing small units in productivity and output. While large establishments employ most industrial workers and generate high GVA, smaller units remain burdened with debt. The productivity gap is exacerbated by limited access to technology and training for smaller factories. Additionally, women workers constitute a small fraction of the overall workforce in manufacturing.
US Midterm elections 2026: Who really controls H-1B visas, green cards and student visas for Indians?
As the US Midterm elections approach, their results may have profound implications for immigration regulations regarding visas. Congress's ability to enact changes can directly impact Indian professionals, potentially reducing the green card backlog. Additionally, new legislative dynamics could alter policies surrounding student visas. The electoral outcome may ultimately dictate shifting priorities in immigration enforcement, influencing many lives.
Bangladesh garment factories reopen as wage protests keep industry on edge
Bangladesh's garment factories reopened on Monday after widespread closures and production disruptions a day earlier, but manufacturers remain concerned about further unrest over workers' demands for higher wages.
US Midterm elections 2026: Could the results change how long Indian students can stay in America?
The outcome of the US Midterm elections could significantly impact the future of the student visa framework, particularly for Indian learners. Changes suggested for the F-1 visa might enforce set admission periods rather than flexible durations, making the shift from education to real-world employment more complex for graduates opting for Optional Practical Training.
Mansukh Mandaviya rolls out EPFO services on WhatsApp, starts auto-settlement of small inoperative accounts
Union Labour & Employment Minister Mansukh Mandaviya launched EPFO services through WhatsApp for easier access. Subscribers can check their PF balance and transaction history conveniently using this platform. The automatic settlement for inoperative EPF accounts was also introduced, streamlining the process for beneficiaries. In total, around one lakh accounts will benefit from this initiative. The EPFO's commitment to evolve and focus on worker-centric innovations was emphasized during the celebration.
How Rs 500 became Rs 5 crore: Delhi woman once lived on salt and roti. Today, her pickle empire earns crores annually. Who is Krishna Yadav?
Krishna Yadav once lived in poverty. Her husband lost his job, and for some years she and her family had to survive on namak and roti and sell their two homes. She eventually mastered the art of making pickles and started selling pickles on the roads. She eventually built a flourishing pickle business.
Uttar Pradesh to launch state Quantum Mission, steps up push for AI and robotics
The state of Uttar Pradesh is gearing up to launch a transformative Quantum Mission, poised to bolster its technology framework. By focusing on quantum technology within a broader digital transformation agenda, the initiative aims to ignite innovation. At the ETGovernment AI Vision Conclave, leading industry figures explored the adoption of AI, investment avenues, and workforce readiness.
Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MD
Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for public, captive, and fleet charging stations under various models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum tenure of eight years.
Has EPFO extended ECR filing deadline from October 31, 2026? What employers need to know
Employers must file the Electronic Challan-cum-Return for September 2026 by October 31, 2026. The EPFO extended the previous deadline to accommodate changes in contribution calculations due to the new wage ceiling. For the period of September 1 to 16, contributions are calculated at Rs 15,000, while from September 17 onward, they will be at Rs 25,000.
Govt extends Amnesty Scheme under ESIC for three month till December 31
The ‘New Amnesty Scheme 2025’, rolled out on October 1, 2025, is a one-time dispute resolution initiative aimed at reducing the backlog of court cases and promoting compliance under the erstwhile Employees’ State Insurance Act. Court cases filed up to March 31, 2025 are eligible under this scheme, the ministry said on Thursday.
New Amnesty Scheme 2025 extended till December 31. Check details here
The Employees’ State Insurance Corporation (ESIC) has extended its New Amnesty Scheme, 2025, by three months until December 31, 2026, allowing eligible employers and insured persons more time to settle disputes out of court. The one-time scheme covers court cases filed up to March 31, 2025, and offers relief from damages in certain cases, subject to specified conditions.
EPS pension hike: Can EPFO increase minimum monthly pension from Rs 1,000 at its proposed November 19 meeting?
The Employees' Provident Fund Organisation may discuss increasing the minimum monthly pension under the Employees' Pension Scheme. A proposal to raise the pension from Rs 1,000 is anticipated during the next Central Board of Trustees meeting.
Load More
