Dear all,Enclosed is the Maharashtra Minimum Wages 1st July 2016 to 31st Dec 2016 , In the said Minimum wages revision Pls add 5% HRA( As per Maharashtra Minimum HRA Act 1983) if no of employee count is 50. Pls refer to the said attach if anything have been missed out or any correction is to be… Read more »
Posts By: Prakash Consultancy Services
Inspection In regards to Security/Manpower/Facility Management
Dear all, Pls refer to the attach circular dated 1st Aug 2016 from the Central PF Office where in all the field officer have been instructed to do the inspection of the respective establishment engaged in Security/Manpower/Facility Management. This is in regards to various complaints & grievance received regarding under reporting of employees contribution under the said act in respect of such establishment…. Read more »
Amendment in Employees Pension Scheme 1995
Dear all,There is an Amendment in Employees Pension Scheme 1995 where in the Provision of Orphan Pension which was earlier up to age 25 years has been increase beyond age of 25 years in case if such Orphan is suffering from disorder of mind or is Physically crippled or disable Notification:- Pension_GazetteNotification_GSR387(E)_8314
Special Instruction on Implementation of Aadhaar based authentication
Dear all, With reference to the above captioned subject and refer to my earlier blog in regards to Implementation of Aadhaar based authentication for ESIC Benefits where in various circular were issued vide dated 15/01/2016,16/03/2016,22/03/2016 & 12/04/2016 where in i would like to draw your attention that once the Aadhaar number is updated in the insured person card… Read more »
Bombay High Court also STAYS retrospective effect to the retrospect amendment to the Payment of Bonus Act.
Dear all, Bombay High Court also STAYS retrospective effect to the retrospect amendment to the Payment of Bonus Act. Pls click the link below for the same Bombay-High-Court-stay-order on Bonus Ammendment
Esi (Central) Amendment Rules 2016 – Daily Wages increase from Rs 100 to Rs 137
Dear All,Pls find enclosed is the ESI (Central) Amendment Rules 2016 in regards to daily Wages which has been increased from Rs 100/- per day to Rs 137/- per day the effective date of the same is 14th June 2016ESI (Central) Amendment Rules 2016
Employee Deposit Link Insurance Scheme Amendment 2016
The Government of India has finally implemented the decision of increasing the maximum sum limit assured under insurance scheme of retirement fund body Employee Provident Fund Organisation, popularly termed as EPFO, to 6 lakh rupees. This would almost double the maximum sum for its 4 crore subscribers. The decision was, however, taken long back in September… Read more »
Grant of exemption to all retail enterprises from sections 7 ,9, 12, 23, 31 and 37 of the Act to keep open every day of the year for a period of Five(5) years
In the G.O 1ST read above , the Industries and Commerce (P&I) Departmenthave issued orders on Andhra Pradesh retail trade policy 2015-20, focusingsimplification of labour laws & processes, skill development support and single desk clearances, so as to stimulate growth in the Retail Sector for a period of 5 years from the date of notification. Synopsis of… Read more »
Daman Minimum Wages 2016
In addition to the Basic Pay fixed by the Administration of Daman & Diu in respect of all the scheduled employments under the Minimum Wages Act, 1948 vide notification No.LE/LI/DMN/MWA-3(II)/2015-16/81 dated 29.05.2015, the daily rate of Variable Dearness Allowance (VDA) payable on the cost of living index number is increased at the rate of L 9.50/- with effect from… Read more »
Amendment in TDS Rates & Threshold limit wef 01.06.2016
Under the scheme of deduction of tax at source as provided in the Act, every person responsible for payment of any specified sum to any person is required to deduct tax at source at the prescribed rate and deposit it with the Central Government within specified time. However, no deduction is required to be made… Read more »