Blog - Page 79 of 90 - Prakash Consultancy services

Union Budget, 2015 was presented by the Hon’ble Finance Minister Mr. Arun Jaitley on February 28, 2015. On April 30, 2015, the Lok Sabha passed the Finance Bill, 2015 with certain amendments.

After being passed by the lower house of Parliament, the Rajya Sabha on Thursday, May 7, 2015 has passed the Finance Bill, 2015 already passed by the Lok Sabha, thus completing the budgetary exercise for the fiscal year.

Please note that Service Tax rate increase will effective after enactment of Finance Bill 2015 and after issuance of Notification in this regard

Amendment in Finance bill 2015

Courtesy @ simpletaxindia.net

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Orissa Minimum Wages 2015-2016

Minimum Wages-Orissa

Prakash Consultancy Services

May 8, 2015

Dear All,

Enclosed is the Gazetted copy in regards Orissa Minimum Wages 2015-2016

Orissa Minimum wages 2015-2016

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E-Payment of ESIC Effective from 1st May 2015

Esic-Circulars

Prakash Consultancy Services

May 5, 2015

Dear All

As your are aware from 1st May Onwards all esic Payment is to be made online appended below is the details process of the same & list of 58 Banks from where all ESIC Payments can be made Online

Detail Process of E- Payment

Online ESIC Payment Process

List of bank for Online ESIC Payment

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Minimum Pension Rs 1000 Official Letter from Central EPF Office

Provident Fund - (Notification -Circulars)

Prakash Consultancy Services

May 4, 2015

Dear All,

Pls refer to my blog in regards to continuation of Minimum Pension Rs 1000 in this regards enclosed is the Official Letter from EPF Office

Minimum Pension Rs 1000

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Maharashtra Profession Tax Amendment 2015

Profession Tax

Prakash Consultancy Services

April 30, 2015

Dear all,

In pursuance of clause (3) of article 348 of the Constitution of India, the following translation in English of the Maharashtra Tax Laws (Levy, Amendment and Validation) Act, 2015 (Mah. Act No. XVII of 2015), is hereby published under the authority of the Governor.

Following Amendments passed

1. (Levy, Amendment and Validation) Act, 2015.
2. AMENDMENT TO THE MAHARASHTRA PURCHASE TAX ON SUGARCANE ACT, 1962.
3. AMENDMENT TO THE MAHARASHTRA STATE TAX ON PROFESSIONS, TRADES, CALLINGS
AND EMPLOYMENTS ACT, 1975.
4. AMENDMENT TO THE MAHARASHTRA TAX ON THE ENTRY OF GOODS INTO LOCAL AREAS ACT,
2002.
5. AMENDMENTS TO THE MAHARASHTRA VALUE ADDED TAX ACT, 2002.

6. VALIDATION AND SAVINGS

** In regards to Profession Tax if any employer has finalize the salary of Apr-2015 Pls recalculate the same as per new slab

“(b) (i) in case of a male, exceed Rs. 7,500 . . 175 per month.

but do not exceed Rs. 10,000 ;

(ii) in case of a female, do not exceed . . Nil.”.

Rs. 10,000 ;

Pls click below is the said Notification of the same

Maharashtra Profession tax Amendment 2015

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Jharkhand New Minimum wages W.E.F 1st Apr 2015 to

Minimum Wages-Jharkhand

Prakash Consultancy Services

April 30, 2015

Finally Govt. Notification has arrived and Jharkhand Minimum Wages and V.D.A. (Variable Dearness Allowance) has been revised effective 01.04.2015. I was expecting revision of wages and not increment in V.D.A.. However the monthly impact will be as follows:

1. Unskilled – 9.8/- daily and 254.8/- Monthly
2. Semi Skilled – 9.8/- daily and 254.8/- Monthly
3. Skilled – 10.9/- daily and 283.4/- Monthly
4. Highly Skilled – 13.18/- daily and 342.68/- Monthly.

Pls find below is the Said Notification of the same

Jharkhand Minimum wages with effect from 01.04.2015

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Union cabinet approves continuation of minimum pension of Rs 1,000 per moth

Provident Fund - (Notification -Circulars)

Prakash Consultancy Services

April 30, 2015

The Union cabinet on Wednesday approved continuation of the minimum pension of Rs 1,000 per month beyond 2014-15 on a perpetual basis, benefitting about 20 lakh retirees covered under the pension scheme run by the Employees’ Provident Fund Organisation. Providing a minimum pension of Rs 1,000 per month is an effort to provide meaningful subsistence to pensioners who have served in the organized sector,” the government said in a statement.

The cabinet also approved Rs 850 crore per year grant to meet the liability on a tapering basis, it said.

The Employees’ Pension Scheme, 1995 (EPS), which was effective from September 2014, had expired on March 31, 2015, after which EPFO had restored to the earlier provision that had led to widespread protests from trade unions.

The UPA-II government had in February 2014 accorded approval to the proposal for ensuring a minimum pension of Rs 1,000 per month for the pensioners of EPS for 2014-15 and provided a budgetary support of Rs 1,217.03 crore.

However, the proposal could only be implemented by the BJP-led NDA government with effect from September 1 last year after necessary amendments to the EPS Act.

@courtesy Economics Times

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Prakash Consultancy Services Online Help Desk Ticket system

Prakash Consultancy Services

April 28, 2015

Dear All ,

I am happy to announce that Prakash Consultancy Services has started a Online Helpdesk Ticket system from today.In order to streamline support requests and better serve you, we utilize a support ticket system. Every support request is assigned a unique ticket number which you can use to track the progress and responses online. For your reference we provide complete archives and history of all your support requests. A valid email address is required to submit a ticket

Pls visit to the following link in regards to the same

http://www.pcsmgmt.com/helpdesk/

Your valuable suggestion in regards to the same are welcome

PCS Team

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Karnataka New Profession tax Notification from 1st Apr 2015

Profession Tax

Prakash Consultancy Services

April 14, 2015

Dear All,

From 1st Apr 2015 Karnataka Govt has declare new Profession tax amendment

From 1st Apr 2015

Up to Rs 15000 Nil
Above 15001 Rs 200

Further Profession tax exemption to Senior Citizen who have attained age 60 years

Circular to the said effect is attached below

Karnataka-Profession Tax & Other tax Amendment W.E.F 01-04-2015

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