New PPF Rules Effective from October 1, 2024: Key Changes for Minors, Multiple Accounts, and NRIs

Posted by & filed under Public Provident Fund.

The Ministry of Finance’s Department of Economic Affairs has introduced new guidelines for Public Provident Fund (PPF) accounts, effective from October 1, 2024. These updated rules cover critical aspects such as PPF accounts for minors, regulations for individuals holding multiple PPF accounts, and guidelines for NRI PPF account holders. The aim is to streamline small… Read more »

Odisha Minimum Wage Update: October 2024 to March 2025 – A Detailed Breakdown

Posted by & filed under Minimum Wages-Orissa, Odisha.

The Government of Odisha has recently updated the minimum wage structure for employees in various sectors, effective from 1st October 2024 to 31st March 2025. These updates are crucial for employers and employees to ensure compliance and fair wages. In this blog, we provide an in-depth analysis of the new wage structure, including the introduction… Read more »

Karnataka Government Allows Shops and Commercial Establishments to Operate 24×7 for Three Years: Key Guidelines

Posted by & filed under Karnataka-Labour Laws Ammedment, Karnataka-Shop act.

1. Continuous Operations for Businesses The notification allows all shops and commercial establishments employing ten or more persons to remain open throughout the day and night, 365 days a year. This decision aims to promote business growth and cater to the needs of consumers round the clock, especially in urban centres. However, it comes with… Read more »

Delhi Minimum Wage Revision: Effective 1st October 2024

Posted by & filed under Minimum Wages-Delhi.

In a crucial move to keep up with rising living costs, the Government of the National Capital Territory of Delhi has revised the minimum wages for all scheduled employments, effective 1st October 2024. The wage hike applies to various categories of workers, including unskilled, semi-skilled, skilled, and clerical/supervisory staff, ensuring that their earnings reflect the… Read more »

Nidhi Aapke Nikat 2.0: Camp Activities – 27 September 2024

Posted by & filed under Provident Fund - (Notification -Circulars), Provident fund -News, Provident Fund Benefits.

The Employees’ Provident Fund Organisation (EPFO) continues to innovate its outreach initiatives with Nidhi Aapke Nikat 2.0. Scheduled for 27th September 2024, this program is designed to enhance accessibility, transparency, and service delivery for both employees and employers across India. The camps provide participants with the opportunity to engage directly with EPFO officials, ensuring that… Read more »

Puducherry Government Announces New Online Procedure for Submitting ER-1 Quarterly Returns: A Streamlined Compliance Process

Posted by & filed under Puducherry Government.

The Government of Puducherry has introduced a new online system for submitting ER-1 Quarterly Returns, a move aimed at simplifying administrative processes and reducing compliance burdens for businesses. Announced on August 9th, 2024, this update aligns with the Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959, and mandates the digital submission of ER-1 Returns through… Read more »

Landmark Judgment: Bharat Box and Bobbin Industries vs. ESIC – A Comprehensive Analysis

Posted by & filed under Esic Benefits, Esic-Circulars, High Court Judgements.

The recent judgment in Bharat Box and Bobbin Industries vs. Employees State Insurance Corporation (ESIC) sheds light on critical aspects of ESI coverage and the legal intricacies around determining employee status. The case revolves around the employer’s liability under the Employees’ State Insurance (ESI) Act, 1948, and presents a valuable precedent for businesses grappling with… Read more »

All women employees entitled to 180 days Maternity Leave, irrespective of nature of employment: Rajasthan High Court

Posted by & filed under Maternity Benefit Act.

The Landmark Case of Minakshi Chaudhary v. RSRTC: Upholding the Right to Extended Maternity Leave The High Court of Rajasthan recently delivered a landmark judgment in the case of Minakshi Chaudhary v. Rajasthan State Road Transport Corporation (RSRTC) & Ors. This case brings to the forefront the significance of maternity benefits as a fundamental right,… Read more »

Extension of ESI Scheme to Additional Districts in Manipur

Posted by & filed under Esic Benefits, Esic-Circulars, ESIC-Hospital.

Introduction to ESI Scheme The Employees’ State Insurance (ESI) scheme is one of the most crucial social security schemes implemented by the Government of India, aimed at providing medical and financial benefits to workers in India. Under the Employees’ State Insurance Act, 1948, the scheme serves to protect workers in times of need by offering… Read more »

West Bengal Government’s Appeal for Bonus Payments Before Durga Puja 2024

Posted by & filed under Labour Dept Westbengal.

As the festive season approaches, particularly with the upcoming Durga Puja, the Government of West Bengal has issued an appeal to all employers and employees under the Payment of Bonus Act, 1965, as amended by the Payment of Bonus (Amendment) Act, 2015. This initiative aims to ensure that workers receive their legitimate dues in a… Read more »