Posts By: Prakash Consultancy Services

Amendment in Employees Provident Fund Scheme in regards to Settlement of inoperative accounts

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

Dear All,Pls find enclosed is the Gazetted copy in regards to Employees Provident Fund Scheme in regards to settlement of inoperative accounts In brief  if the settlement of claim in respect of inoperative account is delayed for more than thirty days from the date of receipt of the application for settlement of claim, interest shall be credited… Read more »

Notice From ELECTION COMMISSION OF INDIA 2014 in regards to grant Paid Holiday

Posted by & filed under Election Circular-2014.

Dear All,Appended below is the circular as issued from ELECTION COMMISSION OF INDIA in regards to General Elections to the Loksabha 2014 and General Election to the Legislative Assemblies of Andhra pradesh, odisha, Sikkim and Arunachal Pradesh and Bye Elections to fill the clear vacancies in Assembly constituencies of various states  to grant  Paid Holiday on… Read more »

Mandatory registration of Digital Signature Certificate (Class 2 and above) of the authorized signatories of the establishments (having more than 100 ECR members) with EPFO.

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

Dear AllEnclosed is the Circular in regards to Mandatory registration of Digital Signature Certificate (Class 2 and above) of the authorized signatories of the establishments (having more than 100 ECR members) with EPFO.Mandatory registration of Digital Signature Certificate

Gujarat New Minimum wages effective from 25th Feb 2014

Posted by & filed under Minimum Wages - Gujarat.

Dear All,Pls refer to the draft Notification in regards to the New Minimum  wages effective from 25th Feb-2014 . Earlier the Minimum wages were revised on 11th Feb 2009 In the present Notification the Rate of Wages is Fixed in three categories  Sr No Classes of Employees. Rates     Payable per day(Rs.). Rates     Payable per day(Rs.). Zone(… Read more »

Principal employer liable if contractor fails to pay wages to workers Delhi High Court Judgement

Posted by & filed under High Court Judgements.

Dear All, Appended below is the DELHI HIGH COURT Judgment  in regards to Principal employer is liable for payment of wages to the workmen as per section 21(4) of the Contract Labour (Regulation & Abolition) Act when the immediate employer i.e . contractor fails to discharge his obligation. Even it is categorically stated in section… Read more »

The Centre has approved payment of 8.75 per cent rate of interest on PF

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

Dear All The Centre has approved payment of 8.75 per cent rate of interest on PF deposits in 2013-14 for over 5 crore subscribers of the Employees’ Provident Fund Organisation. “The Finance Ministry has given its concurrence to the EPFO trustees’ decision to provide 8.75 per cent rate of interest to its members for the… Read more »