The Employees Provident Fund Organization or EPFO will very soon free two thousand seven hundred exempted trusts to use their reserves for paying out the statutory rate.
This move will be taken by the body to give benefits to the trusts. Samirendra Chatterjee, the Central Provident Fund Commissioner (CPFO) gave these facts.
Mumbai Airport could avert a major accident when a wing of a Jet Airways plane thrashed the tail of a Kingfisher carrier. The incident took place on Saturday at five minutes past two am in the morning.
However there were no passengers in the Kingfisher plane but the Jet Airways was carrying one hundred and twenty two passengers in its tummy. Thank God no injuries had been reported so far.
Ten projects in the capital city is being closely inspected by the Central Vigilance Commission or CVC. These ten projects were part of the many projects that were executed in a rush to be completed and ready for use before the Commonwealth Games that Delhi hosted recently.
The government is showing leniency in the employment visa rules and allowing Indian companies to employ foreigners on their firms, if required.
However there are restrictions imposed by the government on the minimum salary scale for appointed foreigners to make sure only skilled techies come to India and not cheap labors.
BJP leader and businessman Sudhanshu Mittal has denied corruption charges and claimed that he is being made a political scapegoat in the investigations into corruption in the recently concluded Commonwealth Games in Delhi. He made the comments after his premises were raided by tax officials.
Mr. Jaipal Reddy, the Urban development minister will be taking action against the builders of the Commonwealth Games Village, called Emaar-MGF, that received criticism from all quarters before the game. There were allegations that the builders have violated the sanction plan and agreement on the development of the project.
Twenty cases of specific allegations will be investigated by the Central Branch of Intelligence. The CBI has entered the scenario to probe in to the alleged cases of corruption related to the Common Wealth Games