Exemption to all Shops & Establishments for operating 24/7 in the Telangana State

Posted by & filed under Telengana -Shop & Establishment.

The Government of Telangana hereby issues guidelines for granting exemption from section 7 (Opening and Closing hours) of the Telangana Shops And Establishments Act, 1988 to all Shops & Establishments as defined in section 2 (21) of the Telangana Shops & Establishments Act, 1988 for operating 24/7 in the Telangana State, subject to the following conditions namely:-

(i) Issue of ID cards,

(ii) Weekly off,

(iii) Weekly working hours,

(iv) Overtime wages,

(v) Compensatory holiday with wages in lieu of employees attending duty on a notified national /festival holiday,

(vi) Adequate safety of Women employees,

(vii) Consent of women employees to work in night shift,

(viii) To and fro transport from Women employees working in night shift,

(ix) The Management shall maintain the records and furnish returns as prescribed by the State Government within time,

(x) Subject to compliance with provisions under the Police Act & Rules in force, and

(xi) Subject to payment of an annual fee of Rs.10,000/- (Rupees ten thousand only) for each store to open 24×7 under the Telangana Shops And Establishments Act, 1988.

The relevant official notification is attached for your kind reference,

guidelines-on-exemption-from-opening-and-closing-hour-of-Telangana-shops-and-establishments-actDownload

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Maharashtra Profession tax amendment 2023

Posted by & filed under Profession Tax- Maharashtra.

Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings, and Employments (Amendment) Bill, 2023 to notify changes in Profession Tax Rates w.e.f. 01.04.2023. One notable change is that bill exempts the professional tax payable by the women who draw the monthly salary or wages up to rupees twenty-five thousand w.e.f. 01.04.2023.

(1) This Act may be called the Maharashtra State Tax on Professions, Trades, Callings, and Employments (Amendment) Act, 2023. (2) It shall come into force on the 1st of April 2023. 2. Amendment of section 27A of Mah. XVI of 1975. In Section 27A of the Maharashtra State Tax on Professions, Trades, Callings, and Employments Act, 1975

AS PER L. A. BILL No. XIII OF 2023 OF MAHARASHTRA GOVT DATED 20th MARCH 2023 MADE FOLLOWING AMENDEMENTS.

(1) This Act may be called the Maharashtra State Tax on Professions, Trades, Callings, and Employments (Amendment) Act, 2023.

(2) It shall come into force on the 1st of April 2023

Revised Slab from 1st Apr 2023

(i) In the case of men, whose monthly salaries or wages,–

a) Upto 7500 – NO Profession Tax

b) >7500 but less than 10,000 – 175/- Per Month

c) >10,000  – 200/- Per Month (In Feb Month-300)

(ii) in the case of women, whose monthly salaries or wages,–

a) Salary < 25,000: No Profession Tax

b) Salary > 25,000 : 200/- Per Month (In Feb Month-300)

Gazette Copy:-👇

Mah-PT-Amdmt-Act-2023Download

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Odisha Minimum Wages Hike from 1st Apr 2023

Posted by & filed under Minimum Wages-Orissa.

Odisha Minimum wages 1st Apr 2022 to 30th Sep-2022

The amended rates for all the categories are as below:-

S.NOCategoryMinimum Wages with VDA w.e.f 01.10.2022 (per day)VDA per day w.e.f 01.04.2023Minimum Wages with VDA w.e.f 01.04.2023 (per day)
1UnskilledRs. 333.00Rs.12.00Rs. 345.00
2Semi SkilledRs. 373.00Rs.12.00Rs.385.00
3SkilledRs. 423.00Rs.12.00Rs. 435.00
4Highly skilledRs. 483.00Rs.12.00Rs. 495.00

Revised Odisha minimum wages notification attached for your reference.

Odisha-Minimum-Wages-01.04.2023Download
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Uttarpradesh Minimum Wages Hike from 1st Apr 2023

Posted by & filed under Uncategorized.

Uttar Pradesh Minimum Wages 2019-20 Notification [W.E.F 1 Oct to 31 Mar 2020]

Latest Minimum Wages in Uttar Pradesh w.e.f. 01 April 2023 to 30th September 2023 will be as follows.

Class of EmploymentBasic Per MonthVDA Per MonthTotal Per DayTotal Per Month
Unskilled₹5750.00₹4339.00₹388.00₹10089.00
Semi-Skilled₹6325.00₹4773.00₹427.00₹11098.00
Skilled₹7085.00₹5347.00₹478.00₹12432.00

Salary Calculation :

For the calculation of 1-day salary (Daily Rates), you have to divide the Total Per Month by 26.

UP2023UP2023APRDownload
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Gujarat Minimum Wages hike from 1st Apr 2023 with New Basic & New DA

Posted by & filed under Minimum Wages - Gujarat.

Govt. revised minimum wages for Engineering Industry - PEOPLE MANAGER

The Government of Gujarat has revised the minimum daily wages of workers in the State after eight years. The minimum wage has been hiked by almost 25 percent for 46 jobs under the ‘scheduled employment category and about two crore workers will gain from the move.

In the present Notification, the Rate of Wages is Fixed in three categories 

Pls, refer to the draft Notification in regards to the New Minimum wages effective from 1st Apr 2023. Earlier the Minimum wages were revised on25th Feb 2014 

In the present Notification, the Rate of Wages is Fixed in three categories 

Sr NoClasses of Employees.Rates     Payable per day(Rs.).Rates     Payable per day(Rs.).
Zone( 1)Zone-(2)
1Skilled474.00462.00
2Semi Skilled462.00452.00
3.Un-skilled452.00441.00

The New Da was released on 1st Apr 2023

Further, there will be No DA for 46 Categories of scheduled employment where New Basic is declared for this category the new DA will be declared in the month Oct 2023👇

Gujarat-DA-dt.1.4.23-to-dt.30.9.23Download

New Basic Wage Circular:- 👇

Gujarat_MW_Revision_effective-01Apr23Download

New Basic +DA ( English Version):- 👇

Gujarat-Minimum-Wages-1st-Apr-2023-to-30th-Sept-2023-1Download

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EPFO fixes Interest Rate for 2022-23 @8.15% pa

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

Good News For Employees! EPFO Fixes 8.15% As Provident Fund Interest Rate For FY23; Details Here

The 233rd meeting of the Central Board of Trustees, EPF was held today in Delhi under the Chairmanship of Shri Bhupendra Yadav, Union Minister for Labour & Employment and Environment, Forest & Climate Change. The Vice-Chairmanship of Shri Rameshwar Teli, Union Minister of State for Labour & Employment, Petroleum & Natural Gas and Co-Vice-Chairpersonship of Ms. Arti Ahuja, Secretary Labour & Employment and the Member Secretary Smt. Neelam Shami Rao, Central P F Commissioner was also present during the meeting.

The Central Board recommended an 8.15 % annual rate of interest to be credited on EPF accumulations in members’ accounts for the financial year 2022-23. The interest rate would be officially notified in the government gazette after approval of the Ministry of Finance, following which EPFO would credit the rate of interest into its subscribers’ accounts.

Here are a few key points to remember about EPF Interest Rate:

● The interest rate of 8.15% has come into effect and will be applicable to EPF deposits made between April 2022 and March 2023.

● Even though the interest is calculated monthly, it is only deposited to the Employees’ Provident Fund account once a year on March 31st of the applicable fiscal year.

● The transferred interest is added to the next month’s balance, i.e. April’s balance, and is then used to calculate interest.

● If no contributions are made to an EPF account for 36 months in a row, the account becomes dormant or inoperative.

● Employees who have not reached retirement age might earn interest on their inactive accounts.

● Interest is not paid on funds put in retired employees’ inactive accounts.

● The interest collected on dormant accounts is taxed at the member’s slab rate.

● The employee will not receive any interest for payments made by the company to the Employee’ Pension Scheme. However, beyond the age of 58, a pension is provided out of this amount.

Please take note of the same.

PIB1911334Download
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