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The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous corporation under Ministry of Labour and Employment, Government of India. As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable ...
The entire 12% contribution of the employee goes towards the Employees’ Provident Fund Scheme (EPF), while from the employer's share of 12%, 3.67% goes to the Employees’ Provident Fund and 8.33% goes towards the Employees’ Pension Scheme (EPS) along with 1% contribution of the government while 0.5% contribution of the employer goes to the ...
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
NLC India Limited ( NLC) (formerly Neyveli Lignite Corporation India Limited) is a central public sector undertaking under the administrative control of the Ministry of Coal, Government of India. It annually produces about 30 million tonnes of lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and at Barsingsar ...
The department of labour is responsible for administering matters relating to Industrial relations, safety of workers, labor Welfare, employment exchanges and technical training. [2] The department is responsible for the enforcement of various provisions and acts enacted by the Government of India and the state government concerning the subjects.
The Tamil Nadu Newsprint and Papers Limited ( TNPL) [3] is a company that was established by the Government of Tamil Nadu [4] to produce newsprint and writing paper using bagasse, a sugarcane residue. The Government of Tamil Nadu listed the paper mill in April 1979 under the provisions of the Companies Act of 1956.
He was the Finance and Human Resources Management Minister of Tamil Nadu since May 2021. He has released a White Paper on Tamil Nadu's finances after a long time. [13] In a cabinet reshuffle on May 11, 2023 by the Tamil Nadu government, he was made as the Information Technology and Digital Services minister of the state.