Gujarat New VDA for the Period 1st Apr 2015 to 30th Sep-2015

Posted by & filed under Minimum Wages - Gujarat.

Dear All,
In the Past few months back new Wages were declared by the Gujarat Govt  as i had already mentioned in my blog, pls refer to the following link in regards to the same 

https://blog.pcsmgmt.com/2015/01/gujarat-minimum-wages-revised-wef-26th.html

Further as the New DA has been announce for the period  1st Apr 2015 to 
30th Sep-2015

Employment Category
DA Per Day
Sweeping/Cleaning work
Rs 15.80
Brick Manufacturing/ Jari Work/
Ready made garment/Tailoring/Salt work/
Tobacco/Cigarette Manufacturing
Rs 98.00
Beside above Category & Agarbatti Manufacturing & other category i.e. Shop & Establishment /Hotel & Restaurant Etc.
Rs 10.40

Enclosed is the Notification to the said 


Post Views: 343

Employees Provident Fund New Amendment in EPF admin Charges & EDLI Admin

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


Dear All 

Pls refer to the said notification as enclosed where in the following changes have been amended from 1st Jan 2015 Circular and notification in regards to the same is enclosed pls click link below


EPF ADMIN & EDLI Charges Ammendment

EPF Admin Charges

Old Rate
New Rate
1.10  % of Total EPF Salary
0.85 % of Total EPF Salary
Minimum Rs 5  in case of  Non  Contributory Member
Minimum Rs 75 Per Month in case of Non Contributory Member
Minimum Rs 500 for Contributory Members



EDLI Admin Charges 

Old Rate
New Rate
0.01  % of Total  EDLI Salary
0.01 % of Total EDLI Salary
Minimum Rs 2  in case of  Non  Contributory Member
Minimum Rs 25 Per Month in case of Non Contributory Member
Minimum Rs 200 for Contributory Members
Post Views: 437

Provident Fund Interest for F.Y 2014-2015 @ 8.75%

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

Dear All,

The CBT had decided the interest rate in the meeting held on 26th August but the procedure of the implementation of the interest rate of provident fund requires approval for the same by the Finance Ministry. The decision would now be notified by the Labour Ministry and Income Tax Department.
The interest rate was increased by .25% in 2013-14 (8.75%) from the year 2012-13 (8.50%). But this year the interest rate remains same as previous year.

Historical Provident Fund Interest Rate since 1952
Historical Provident Fund Interest Rate

Note:

  • For Fiscal Year 1978-79 bonus of 0.5% was applicable to the members who did not withdraw any amount from their Provident Fund account during 1976-77 and 1977-78.
  • For Fiscal Year 2000-01, interest rate was 12% for the quarter starting from April to June, thereafter 11% from July onward on monthly running balance.
  • For Fiscal Year 2004-05, bonus of 0.50% was Golden Jubilee Interest Rate bonus

Courtesy:- http://simpleinterest.in/

Post Views: 655

Pan India Holiday List 2015

Posted by & filed under Holiday List 2015.

Dear all,

Appended below is the Holiday List 2015 of various states 

Maharashtra :- Holiday list in Maharashtra in 2015


Tamil Nadu:- Tamilnadu holiday 2015


Kerala :- Kerala Holiday List 2015


West Bengal :- West Bengal Holidays 2015


Gujarat :- Gujarat public-holiday-2015


Himachal Pradesh:- Himachal Pradesh Holidays_for_the_Year_2015


Karnataka:- Karnataka List of Holidays 2015


Telangana :- TELANGANA-Holiday List 2015


Delhi:- Delhi holiday_list2015

Post Views: 419

Providing e-payment facility for Profession Tax, Luxury Tax and Sugarcane Purchase Tax through GRAS

Posted by & filed under Profession Tax.

Dear all,

Department of Sales Tax , Govt. of Maharashtra. has introduced e-payment facility for Profession Tax, Luxury Tax and Sugarcane Purchase Tax through GRAS

Necessary Notification & Link is provided below

Link:-https://gras.mahakosh.gov.in/salestax/

Notification:-e-payment facility for Profession Tax, Luxury Tax and Sugarcane Purchase Tax through GRAS


Post Views: 400

AADHAR Enrollment Camp at all EPF Office

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

As we all are aware the UAN  under EPFO has been implemented and in this regards Bank Account Number & IFSC Code is Compulsory under the UAN Program​.​ ​As we all Know, i​n this regards Our Prime Minister has launch​​ (pradhan mantri jan dhan yojana)​.​ ​H​ope all employees of your organisation must have opened the Bank account in regards to KYC terms​.​ ​Under UAN , PAN Number & AADHAR Number is must​.​ ​A​s many employees might not be falling under the bracket of  taxable income  so they might not be having PAN Number in order to simplify the Compulsory KYC terms so in that case AADHAR Number is must​.​ 
As many Employees have still not Enroll​ed​ the AADHAR Number, Unique Identification Authority of India has instructed all EPF office to make arrangement to Enroll all EPF subscriber to enroll under AADHAR  as this will be the compulsory​​ KYC Norms for Online Withdrawal application which will be launch​ed​ in December 2014 as per information received from sources.
Pls refer to the said circular as enclosed where in all the Regional office & Sub regional office has been instructed to provide arrangement for enrolling in AADHAR​.​

I request all of My friends & colleagues to get themselves enroll in AADHAR​.

Post Views: 402