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

Dear All,

EPF Organisation has declared the rate of interest for the F.Y 2012-2013 @ 8.50% as from F.Y 2012-2013 Physical returns are not to be submitted to the EPF Office i.e Form No 3A /6A & Reconcilation & Soft copy

Further the respective intesrest will be displayed in the E-passbook after 17th May 2013  the respective circluar in this regards is appended below:

EPF Interest 2012-2013

Posted by & filed under Minimum Wages-Karnataka.

Dear All,

Greeting of the day !

We really thank you very much for visiting to our Blog & for the comments on the same as per your queries & sugesstion. we are now positing Minimum wages Consolidated for all Industry for the year 2013-2014 in respect of Karnataka

The necessary attachments is appended below:-

Consolidated Minimumwages for all industries Karnataka 2013-2014


Pls post your valuable cooments & Sugesstions on the same.

Posted by & filed under Income Tax.

 
TDS Certificate in Form No 16 as notified vide Notification No. 11/2013 dated 19.02.2013 has two parts viz Part A and Part B (Annexure). Part A contains details of tax deduction and deposit and Part B (Annexure) contains details of income.
 
ISSUE OF PART A OF FORM NO. 16 FOR DEDUCTION OF TAX AT SOURCE MADE ON OR AFTER 01.04.2012:
All deductors (including Government deductors who deposit TDS in the Central Government Account through book entry) shall issue the Part A of Form No. 16, by generating and subsequently downloading through TRACES Portal, in respect of all sums deducted on or after the 1st day of April, 2012 under the provisions of section 192 of Chapter XVII-B. Part A of Form No 16 shall have a unique TDS certificate number.
 
AUTHENTICATION OF TDS CERTIFICATE IN FORM NO. 16:
The deductor, issuing the Part A of Form No. 16 by downloading it from the TRACES Portal, shall, before issuing to the deductee authenticate the correctness of contents mentioned therein and verify the same either by using manual signature or by using digital signature in accordance with sub-rule (6) of Rule 31
 
 
 
 
Courtesy @http://www.sensystechnologies.com/blog/
 

Posted by & filed under Minimum Wages-Delhi.

Dear All,

The Delhi Government has decided to implement the revised rates of minimum wages for unskilled, semi-skilled and skilled categories in all scheduled employments, Labour Minister A.K. Walia said on Monday. The new rates, which have been worked out after adjustment of dearness allowances, have come into effect from April 1, 2013 and will extend to clerical and non-technical supervisory staff as well.

Now the monthly minimum wages of unskilled workers has been fixed at Rs.7,722 (previously Rs.7,254) and per day wage has gone up from Rs.279 to Rs.297. The monthly wages for semi-skilled workers has gone up from Rs.8,528 to Rs.8,008 (per day wage from Rs.308 to Rs.328) and for skilled workers the new wages have been fixed at Rs.9,386 (previously Rs.8,814) increasing the per day wage to Rs.361 from Rs.339.

For clerical and non-technical supervisory staff, the new monthly wages for non-matriculates has been fixed at Rs.8,528 from Rs.8,008 (per day wage has gone up to Rs.328 from Rs.308). For matriculates but non-graduates, the wages have increased to Rs.9,386 from Rs.8,814 and for graduates and above it has been fixed at Rs.1,0218 instead of Rs.9,594.

Dr. Walia said all employers have been directed to release payments to their workers as per the revised rates through electronic clearance system or by cheques. He said workers have been asked to contact the district office of the Labour Department in case they are not paid wages as per the revised rates

Pls Fine the Notification below

Delhi Minimum wages April 2013