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



As per EPFO circular dated 15th September 2017, the EPFO has implemented new composite Pension Payment Order which will be effective from 20th September 2017. The composite Pension Payment Order will be issued for all categories of Pensioners except in the case of issue/revision of Pension Payment Order prior to 26.09.2008 which involves either Return of Capital or Commutation or both. In such cases, existing form may be used for PPO. Please refer the notification for the revised form



Posted by & filed under Provident Fund Benefits.

In addition to the existing form of Loan now ss per EPFO circular dated 18th August 2017 which was released in continuation to the previous circular dated 21st April 2017, the EPFO has revised the application form for Housing loan by PF members and has also directed the Cash Branch to ensure that generation and disbursal of EMIs in respect of the all claims under para 68-BD( 4) of EPF Scheme, 1952 should be made on the first working day of the month. 

The necessary letter of intimation shall be sent to the lending agency and the member on first working day of the month. Please refer to the revised application form in the notification

Revised Form For Authorisation Of Housing Loans From PF Account

Posted by & filed under Maharashtra-Shop& Establishment.



 Salient Features of the Bill

Application and registration: Establishments need to register online with uploaded, self-certified documents. This is to be done within 60 days of commencement of business. Closure of an establishment must be communicated within 30 days.

Days and hours of work and rest: Operation of shops is hereby permitted 24 hours/7 days a week. Adults can work for no longer than 9 hours a day/48 hours a week; and for not more than five hours unless given a half-hour break. Spread-over should not exceed 10 hours on any day, and 12 hours in the case of intermittent nature of work.

Women employees: There shall be no discrimination against women in employment, transfer and payment of wages. They shall be made to work only between 7am and 9.30pm. Safety, dignity and honour will be protected at all times, and in the event of working between 9.30pm and 7am, transportation from workplace to home must be provided.

 Overtime: Anyone working beyond permissible limits is entitled to overtime at twice the rate of ordinary wages. Overtime shall not exceed 125 hours over a period of 3 months.

Holiday and Leave: Every worker must be ensured at least one day’s rest (24 continuous hours) in a week. If denied a weekly holiday, a compensatory day off must be given. When working on a day of rest, worker is entitled to twice the rate of wages, and no deduction shall be made on account of weekly holiday. Every employee is entitled to eight day’s casual leave with wages during a calendar year, credited on a quarterly basis. Leave may be accumulated upto 45 days and carried forward. Leave applied for 15 days prior and not sanctioned, when over the 45 day limit may be encashed. Unavailed leave barring casual and festival leave must be paid in full by the employer. 8 paid holidays (against  the earlier limit of 4) are mandatory. While 4 of these are fixed, the rest are to be agreed mutually by employer and workers.

 Health and welfare: Measures for health and safety including cleanliness, ventilation, sanitation, drinking water, first aid, toilet facilities, and canteens when employees are over 100 in number must be made. Where employees are over 50 in number, facilities for a creche must be in place on premises, or in a common establishment within a radius of 1 kilometre.

Offenses: Contravention may attract a fine of upto one lakh, with an added fine of rupees two thousand a day for repeated contravention. Total fine shall not exceed two thousand per worker. Contravention resulting in bodily harm can attract imprisonment for six months and/or fine between 2 and 5 lakhs. Non-submission or furnishing of documents for inspection can attract fine upto 2 lakhs, with a penalty of 1 lakh for each offense if non-compliant.

Notification:-MSE

Posted by & filed under Minimum Wages-Maharashtra.

Dear all,

Enclosed is the Minimum wages Notification for the period  1st July-2017 to 31st Dec 2017 but there is no changes as per last notification then also for reference purpose please see the details below 


Marathi Notification :- Maharashtra Minimum Wages Notification 1st July 2017

English Version :- Minimum-Wages mumbai-English-01-06-2017

Posted by & filed under Esic Benefits.

As per ESIC circular dated 18th July 2017, the ESIC has introduced a Self-declaration Form for the Insured Woman. The ESIC had noticed some instances, that the family particulars of IP/IW vary from those available in the IP portal which lead to undue benefit. In order to obviate this issue, it has been decided to obtain a self declaration from the Insured Woman for number of her surviving children as on date of presenting the maternity benefit claim. If there is an inconsistency between the declaration and the particulars on the portal, then 12 week of maternity benefit would be paid immediately from the ESIC Branch. Remaining payment, if any, will be made to Insured woman within 14 days subject to verification. Thus, Insured woman shall now submit self-declaration Form along with claim form No. 19 for the settlement of Maternity Benefit Claim

Any False statement or representation for the purpose of obtaining benefit will be punishable with imprisonment for a term which may extend to six months or with a fine of Rs  2000/- or with both.

Posted by & filed under Minimum Wages-WestBengal.

West Bengal Minimum wages has been revised from 1st July 2017 to 31st Dec 2017

Shop-Establishment :- WB-MW-Shop-Establishment 1st July 2017-31st Dec 2017

Hotel & Restaurant :- WB-MW-hotel-and-restaurant 1st Jul 2017 to 31-dec 2017

Hotel Restaurant Lodging:- hotels-and-restaurants-including-boarding-houses–canteens-clubs-and-guest-houses

Security :- WB-MW-Security-services 1st Jul-2017-31st Dec 2017

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

As per recent EPFO circular dated 11th July 2017, the EPFO has provided solution to certain challenges that the employers were facing viz. 

(1) Issue of Incorrect Month/ Year was mentioned in ECR – In the EPFO application the provision for ECR Revision (Month/Year) has been provided to revise ECRs where month and year needs to be changed, provided no settlement is made and no PMRPY beneficiary exists. 

(2) Incorrect UAN mentioned in ECR/Double TRRN for the same month – the EPFO has provided Application Version 5.36 for the field offices to reject ECRs or adjust amount or refund the amount to the employer. 

(3) Double Payment made by employer for same month using different TRRN/ Double Payment paid by employer against same TRRN and wants to get refund – the EPFO has stated that the Unified portal has already taken steps to refund the amount to the employer directly to their bank account. 

(4) To refund the amount against amount paid in misc. option – the EPFO has stated that currently misc. payments and receipts are being managed by field office manually. Hence field offices may refund the amount to the employer after verifying the details by preparing a cheque manually. Against this cheque, misc. payment entry in the application software may be made. In the future, Field office may also opt to adjust the amount against the future TRRN using Establishment VDR



Posted by & filed under Provident Fund Benefits.

Dr. V.P. Joy, Central Provident Fund Commissioner and Dr. M. Ravi Kanth, CMD HUDCO signed a Memorandum of Understanding (MoU) in the august presence of Hon’ble Minister, HUPA, Shri M. Venkaiah Naidu and Hon’ble Minister of State (Independent Charge), Labour & Employment, Shri Bandaru Dattatreya for facilitating “Housing for All by 2022” at Ministry of Housing and Urban Poverty Alleviation, New Delhi.
            
By taking one step forward to achieve Hon’ble Prime Minister Narendra Modi’s vision of Housing for all by 2022, EPFO has amended EPF Scheme 1952 vide Gazette notification No. G.S.R. 351(E) dated 12thApril, 2017 to provide assistance in acquiring affordable houses to the EPF members by allowing withdrawal from the provident fund to the extent of 90% of the total PF accumulation and also facilitating payment of installment of housing loan. The major objective of this scheme is to assist in building houses for workers integrating with housing programmes of the Central and State Governments.

The salient features of this scheme are:-

1.        Bringing together all stake holders namely, workers, employers, financial institutions & housing agencies to provide workers’ need for Housing.

2.         Forming Housing societies for collective action, ten or more members can register a society. Society will arrange housing units from public/private housing providers, apply to the concerned PF office through the society for getting Certificate of Fund & Contribution.

3.         Channelizing the corpus of EPF savings to build affordable housing for the working class, withdrawal of up to 90% of accumulations in members Provident Fund Accounts is allowed.

4.  Banks/Financing Agencies can make use of certificate issued by Commissioner to arrive EMI for withdrawal under Para 68 BD (3) of EPF Scheme.

5.          Full/ Part repayment of loans out of monthly P.F. Contributions.

6.        Eligibility condition relaxed for such withdrawal, now membership period of EPF reduced from 5 years to 3 years. 

7.        Members can av ail interest subsidy up to 2.20 lakh in Credit Linked Subsidy Scheme (CLSS) through Ministry of Housing and Urban Poverty Alleviation through its Nodal Agency HUDCO and National Housing Bank for those members whose annual income is less that the amount specified in Pradhan Mantri Awas Yojna.


8.        Individual housing loan repayment can be done by authorizing EPFO to pay installments directly to the lending agency.     


Notification:-👉  EPF-Hudco Agreement 22-06-2017


Posted by & filed under Provident Fund -International workers.

EPFO has revised the certificate of coverage form in respect of Indian Worker 
( having Indian Passport)  going to work in SSA country 

This revised form will be applicable to all Indian Worker going for work in SSA 
(Social Security Agreement) .

In this Form a Joint Undertaking has been introduce with the EPF Member & Employer that when they are deputed to any SSA  Country Employer will continue to contribute during the posting of this employee while working in SSA country.

Employer’s responsibility will be to inform all employment status time to time. Employer & Employee will be jointly & separately responsible for any kind of misuse of the revised COC