Posts By: Prakash Consultancy Services

Employee’s Compensation Act – Amendment – Bill Introduced in Parliament

Posted by & filed under Other Labour Laws Circular.

The Central Government has introduced Bill in parliament, on 5th Aug 2016 to amend few provisions of EC Act and the proposals are as mentioned below:- Every employer shall immediately at the time of employment of an employee, inform the employee of his rights to compensation under this Act, in writing as well as through… Read more »

EXEMPTION UNDER SECTION 17(1)(a) OF EPF & MP ACT

Posted by & filed under Provident Fund - (Notification -Circulars).

Dear all,Good News for  Exempted Establishment   An Internal Circular dated 5.8.2016 issued by the EPFO to its Field Functionaries states that: Section 17 of the EPF & MP Act stipulates that the Appropriate Government may, by Notification in Official Gazette and subject to such conditions as may be specified in the Notification exempt whether prospectively… Read more »

Social Security Agreement between India & Japan for International Workers W.E.F 1st Oct 2016

Posted by & filed under Provident Fund -International workers.

Dear all, Social Security Agreement (SSA) between India and Japan was signed in Tokyo on November 16, 2012. The Ministry of External Affairs (Investment, Technology Promotion and Energy Security Division), the competent authority for negotiating and concluding SSAs along with the Employee’s Provident Fund Organization (EPFO) has completed the formalities for the Agreement to enter into force. Social Security… Read more »

Inspection In regards to Security/Manpower/Facility Management

Posted by & filed under Provident Fund - (Notification -Circulars).

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

Posted by & filed under Provident Fund Benefits.

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

Posted by & filed under Esic-Circulars.

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 »

Employee Deposit Link Insurance Scheme Amendment 2016

Posted by & filed under Provident Fund Benefits.

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 »