Posts By: Prakash Consultancy Services

ESI (General) (Amendment) Regulations 2013

Posted by & filed under Esic-Circulars.

Dear friends,Pl find attached ESI (General) (Amendment) Regulations 2013 which have been made effective from 1.6.2013. The amendment provides for:a) Now insured person who has been awarded permanent disablement benefit at a rate not exceeding Rs.10 per day (increased from Rs.5 per day earlier) can apply for commutation of permanent disablement benefit as per Regulation… Read more »

Service-tax-exempted-on-Transport-hostels-housekeeping-security-Canteen-services-to-educational-institutes

Posted by & filed under Service Tax.

Dear Friends Pls find enclosed is the recent circular as received  from Ministry of Finance Department of Revenue Central Board of Excise& Customs Tax Research Unit on 19th Sept 2013 in this circular Service-tax-exempted-on-Transport-hostels-housekeeping-security-Canteen-services-to-educational-institutes Service-tax-exempted-on-Transport-hostels-housekeeping-security-Canteen-services-to-educational-institutes

Canteen Allowance is part of basic wages and PF is to be deducted there from – Delhi High Court

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

Dear friends,Delhi High Court in its order dated 22.7.2013 (copy attached) in the case of Whirlpool of India Ltd vs RPFC has held that Canteen Allowance is part of basic wages and PF is to be deducted therefrom.Highcourt Judgment appended belowPF is to be deducted on canteen allowance – Delhi HC 22.7.2013

EPFO gives a week time for sending digital signatures

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

Dear All, This is the Extract from  Business Standard  Employers from across the nation have begun sending their digital signatures to the Employees Provident Fund, with Kochi firms leading others in sending the largest number of such signatures. The signatures are needed to begin online transfer of provident fund and the signatures would be used… Read more »

LATEST UPDATE ON EPFO: Employer Online Transfer Claim Portal

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

Dear All, EPFO has started Employer Online Transfer Claim Portal. Highlights • View transfer requests from Members. • Verify details from your records. • Approve information using digital signature. • An Additional feature to complement existing paper claim process. • Multiple authorised signatories can use the facility to verify and approve claim requests. EPFO introduces… Read more »