Dear allFrom 1st of Jan 2016 Quoting of Pan Mandatory for Following Transaction
Monthly Archives: December 2015
Universal Number Compulsory for EPF withdrawal from 1st Jan 2016
Dear employers,1.Universal account number(uan) has been made compulsory to avail all services like settlement of claims, filing of complaints etc. W.e.f. 1st January 2016.2.Any claim, complaint, grievances, correspondence will be entertained only if uan is mentioned.3.Those who are not having uan may obtain it from the internet portal of Epfo www.epfindia.gov.in at the home page… Read more »
Bonus Amendment Bill (2015) as passed in Loksabha
Dear all,The Lok Sabha today passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with establishments with 20 or more workers, with the benefits being applicable retrospectively from April 2014.The Payment of Bonus (Amendment) Bill, 2015, was passed by a voice vote, with some members… Read more »
Launch of Upfront Allotment of UAN to employees
Dear all,Good News from EPF A. Any citizen, even if not a member of EPF, can obtain UAN through online mode. B. To register for UAN, an Online facility has been made available in public domain as a single page form. C. There is no need to submit any physical documents. D. The citizen is… Read more »
Simple steps to change your EPF nomination in UAN online portal
Dear all,As almost one year has been over in regards to generation of Universal Account Number ( UAN) it was launch on 16th Oct 2014 after that many changes and upgradation have been come across in the respective UAN portal Good News for EPF Subscriber now then can update the family information online by simple steps… Read more »
Factories (Maharashtra Amendment) Act 2015
The amendment bill amends Section 66(1) (c) of Factories Act, 1948 to ease provisions related to working of women in night shifts in the state. Key facts * The amendment of 67-year old Act also makes mandatory for factory managements to ensure security of women working in night shifts. * Prior to amendment, the section… Read more »
Principal employer can be liable for EPF contribution of contractor when the latter does not have code number. and Principal employer not liable for provident fund dues of contractor with independent code number.
Dear allAs per the recent judgement as passed by the PUNJAB & HARYANA HIGH COURT Principal employer can be liable for EPF contribution of contractor when the latter does not have code number. and Principal employer not liable for provident fund dues of contractor with independent code number. IMPORTANT POINTS When code No. is allotted… Read more »
Labour Welfare Fund Goa New Changes W.E.F from 1st Aug 2015
Dear All,Enclosed is the New Amendment in Labour welfare fund of Goa now the New rate is as follow“(1) Every employee shall contribute rupees one hundred and twenty per year to the Fund and every employer and the Government shall, in respect of each such employee, contribute rupees three hundred and sixty and rupees two… Read more »
New Online EPF Registration Process W.E.F 1st Dec 2015
Dear All,From 1st Dec 2015 EPF has launch a new process in regards to registration of Company EPF No , where in Now before registration we have to upload the Digital Signature, on specific uploading of Digital signature we can register for New EPF Number Further now in new registration no submission of digital signature will… Read more »