EPFO Digital Facility for Principal Employers

EPFO – Digital facility for Principal Employers for monitoring of EPF compliances of their contractors | Lets Talk Compliance

Aparajitha, Compliance, EPF Contribution, Let's Talk ComplianceLeave a comment

A digital facility concerned with effective compliance EPFO has introduced a facility for an interlinking portion of contractor’s compliance with Principal Employers of their respective contract workmen for effective compliance monitoring. Principal Employers (PE) having their own code with EPFO and engaging contractor(s) can add the details of the contractor(s) and contract workmen (CWM) at…

Labour Codes – Brief – Status of Draft Rules Notified by Centre/State Governments

Aparajitha, Compliance, EPF Contribution, Let's Talk ComplianceLeave a comment

While the Indian Parliament has already passed all the four Codes with the aim to streamline and simplify the country’s existing and overlapping labour lawswhich also received the President’s assent, appending hereunder the status of draft rules are published by 10 State Governments besides the Central Government. Brief on Labour Codes as a refresher:- The…

Can a judgement made on the context of PF be applied for other purpose

Can a judgement made in the context of PF be applied for other purposes? – Lets Talk Compliance

Compliance, EPF, EPF Contribution, HR Compliance, Labour Law ComplianceLeave a comment

The judgement pronounced by the Hon’ble Supreme Court on 28/2/2019 holding certain allowances to be wages ( basic, to be precise ) in the context of PF created a big buzz last year and some of the companies were forced to review their salary structure in the wake of the judgement. The ripples created don’t…

Why can't PF interest be waived off in the absence of Men Rea

Why can’t PF interest be waived off in the absence of Mens Rea? – Lets Talk Compliance

Aparajitha, EPF, EPF Contribution, HR Compliance, Let's Talk Compliance, payroll compliance, payroll processingLeave a comment

As per the provisions of Employees’ Provident Fund and Miscellaneous Provisions Act, in case of delay in remittance of monthly contributions, the employer is liable to pay interest. In addition, the authority can levy damages also for such a delay. However, considering the difficulties faced by the establishments in the timely deposit of contributions during…

What reduced EPF contribution means to Employee & Employer

What reduced EPF Contribution means to Employee & Employer – Lets Talk Compliance

Aparajitha, Compliance, Contract Labour Compliance, EPF, Factory Compliance, HR Compliance, Labour Law Compliance, Let's Talk Compliance, payroll complianceLeave a comment

Understanding on EPF reduced Contribution 10% Ministry of Labour & Employment vide its notification No. S.O. 1513(E) Dt. 18th May’2020 Section 6 of EPF (MP) Act, 1952 reads as under; Contributions and matters which may be provided for in Schemes. – The contribution which shall be paid by the employer to the Fund shall be…