Rent receipts to reduce tax cannot be faked anymore

Rent receipts to reduce tax cannot be faked anymore

relyonadmin
April 8, 2017
No comments

Rent receipts to reduce tax cannot be faked anymore according to the Income Tax Dept, which is now insisting on proof such as electricity bill, water bill.

Read more
EPF wage ceiling to be increased to Rs. 25,000

EPF wage ceiling to be increased to Rs. 25,000

relyonadmin
April 7, 2017
No comments

EPF wage ceiling to proposed to be increased to Rs. 25000 by the EPFO which will bring an additional 1 crore formal workers under the social security scheme.

Read more
Digitization of paper meal vouchers

Digitization of paper meal vouchers

relyonadmin
March 27, 2017
No comments

The RBI has recently issued a draft on the use of prepaid instruments which has now called for digitization of paper meal vouchers provided by organizations

Read more
ESI cashless treatment for emergencies re-introduced

ESI cashless treatment for emergencies re-introduced

relyonadmin
March 27, 2017
No comments

The ESIC has decided to reintroduce cashless benefits for its members in case of emergencies which means direct admission to tie-up hospitals is now allowed

Read more
Admin charges for PF has been reduced to 0.65%

Admin charges for PF has been reduced to 0.65%

relyonadmin
March 27, 2017
No comments

According to the latest notification from the PF department, the admin charges for PF has been reduced to 0.65% from existing 0.85%.

Read more
Aadhar card is not required for withdrawing pension

Aadhar card is not required for withdrawing pension

relyonadmin
March 2, 2017
No comments

Aadhar card is not required for withdrawing pension. The EPFO has now allowed full and final withdrawal of funds by the subscriber without providing Aadhar card.

Read more
EPFO has made Aadhar Card mandatory

EPFO has made Aadhar Card mandatory for pensioners

relyonadmin
February 17, 2017
No comments

EPFO has made Aadhar Card mandatory for pensioners and subscribers. The members have till the end of the month to provide Aadhar or enrollment number for PF

Read more
Employee Enrollment Campaign, 2017

Employee Enrollment Campaign 2017 and frequently asked questions

relyonadmin
February 17, 2017
2 comments

EPFO has launched the Employee Enrollment Campaign 2017 to extend social security benefits to all eligible employees who are currently not under the scheme.

Read more
PF payment due date extended to 20th for Jan

PF payment due date extended to 20th Jan

relyonadmin
January 13, 2017
No comments

For the month of January, the PF payment due date has been extended to 20th. This extension is given in view of the new portal for filing ECR.

Read more
The new ECR portal - Unified for both employers and employees

The new ECR portal - Unified for both employers and employees

relyonadmin
January 13, 2017
5 comments

The new ECR portal, ECR 2.0 is a Unified portal for both employers and employees where return filing and details of the contributing member is provided.

Read more
ESI wage ceiling increased to Rs. 21,000 from Jan 2017

ESI wage ceiling increased to Rs. 21,000

relyonadmin
December 28, 2016
8 comments

ESI wage ceiling increased to Rs. 21,000 from the January 1st, 2017. This is the 3rd amendment to the ESI act which was given as a draft in Oct.

Read more
PF interest rate for 2016-17 fixed at 8.65%

PF interest rate for 2016-17 fixed at 8.65%

relyonadmin
December 21, 2016
No comments

PF interest rate for 2016-17 fixed at 8.65% which is drop from the previous year rate which was 8.8%. This cut will provide the EPFO with a surplus of 296cr

Read more
ECR 2.0 to reduce the complication present in the existing ECR portal

Electronic Challan Return, ECR 2.0

relyonadmin
December 10, 2016
2 comments

A new ECR portal, ECR 2.0 will replace the currently numerous and fragmented portal in a unified manner which will include ECR filing and payment process.

Read more
UAN 2.0

UAN 2.0 - The next version of Universal Account number

relyonadmin
November 5, 2016
3 comments

The Employees’ Provident Fund Organization (EPFO) is in the process of implementing the next version of UAN 2.0. This is what you need to know about UAN 2.0

Read more
ESI amendment 2016 - draft law - ceiling to be increased to Rs. 21000

ESI amendment 2016 - draft law

relyonadmin
October 19, 2016
23 comments

ESI amendment 2016 - draft law states that the ESI wage ceiling limit is to be increased from Rs. 15000 to Rs. 21000

Read more
Professional Tax slab rate in Madhya Pradesh

Professional Tax slab rate in Madhya Pradesh for 2016-17

relyonadmin
October 6, 2016
4 comments

In this post, we have described the Professional Tax slab rate in Madhya Pradesh 2016-17 and how it is applicable on monthly and yearly basis.

Read more
Professional tax slab in West Bengal for 2016-17

Professional tax slab in West Bengal for 2016-17

relyonadmin
September 19, 2016
6 comments

The professional tax slab in West Bengal for 2016-17: Here we see the various professions which fall under PT and the rates at which they are applicable.

Read more
Maternity leave policy in India

Maternity leave policy in India gets an upgrade

relyonadmin
September 1, 2016
1 comment

Maternity leave policy in India has got an update which includes an extended leave period and also an option to work from home among other benefits.

Read more
PF for home loan

PF for home loan - A new upcoming scheme

relyonadmin
August 19, 2016
No comments

The most recent news from the EPFO, is the scheme of PF for home loan which allows an EPFO subscriber to pledge their PF accumulation to buy homes.

Read more
Incentive Refund Scheme

Incentive Refund Scheme to be given for employers

relyonadmin
June 29, 2016
No comments

Incentive Refund Scheme for employers for providing UAN to all the employees a step aimed at bringing transparency and accountability to the EPF system.

Read more
EPS contribution

Voluntary EPS contribution can be made by the employees

relyonadmin
June 25, 2016
No comments

EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions.

Read more
Pf withdrawal norms

PF withdrawal norms has been changed to remove the restrictions

relyonadmin
April 27, 2016
1 comment

PF withdrawal norms has been changed to remove the restrictions so that a member can withdraw the saved amount when needed according to the requirement.

Read more
Inoperative PF account will earn interest from April 1, 2016

Inoperative PF accounts will earn interest from April 1, 2016

relyonadmin
March 30, 2016
No comments

According to the latest information, the govt has said that the inoperative PF accounts will earn interest from April 1, 2016, which will benefit many users.

Read more
PF contribution by employer

PF contribution by the employer cannot be withdrawn till retirement age

relyonadmin
March 15, 2016
No comments

According to a recent gazette notification, PF contribution by the employer cannot be withdrawn until the age of 58 yrs i.e, the age of retirement.

Read more
epf coverage rules

EPF coverage rules now applicable for establishments with 10 or more employees

relyonadmin
March 11, 2016
2 comments

EPF coverage rules have now been changed to include establishments which have 10 or more employees. This EPF coverage rules will increase EPF subscribers.

Read more
EPF and ESI

EPF and ESI returns can be filed together in the "Shram Suvidha" portal

relyonadmin
March 11, 2016
No comments

In an effort towards unifying the various labour laws, the government has developed a new portal where both epf and esi returns can be filed together.

Read more
contentious TDS issues

Clarification regarding tax on EPF withdrawal

relyonsoft
March 2, 2016
No comments

There seems to be some amount of lack of understanding about the changes made in the Budget 2016 on tax on EPF withdrawal.

Read more
interest rate on PF account

Interest rate on PF account to be 8.8% for FY 2015-16

relyonadmin
February 18, 2016
No comments

The interest rate on PF account to be applicable at a rate of 8.8% for the financial year 2015-16, as announced by the EPFO. It is an increase of 0.05% from current 8.75%.

Read more
m-governance in india

m-Governance in India : epf mobile app for android users

relyonadmin
February 8, 2016
No comments

Following the m-governance in India initiative, EPFO has launched a mobile app which can be used for UAN activation and for viewing monthly details

Read more
epf new rules

EPF new Rules - Coverage threshold limit is 10 employees

relyonadmin
February 5, 2016
7 comments

According to the EPF new rules, any Firm that has a minimum of 10 employees should be registered under the EPF Act applicable from April or May.

Read more
Form 11 and KYC

Form 11 (new) submission and KYC seeding in the UAN portal

relyonadmin
January 28, 2016
15 comments

In this post, we talk about the submission of form 11 and seeding the KYC details in the UAN portal along with some important points to mind while updating KYC.

Read more
PF interest rate

PF interest rate proposed to be increased to 8.95%

relyonadmin
January 25, 2016
No comments

According to the recent news, the EPFO is planning on increasing the PF interest rate to 8.95% for the FY - 2016. The current existing rate is 8.75%.

Read more
bonus act amendment

Bonus Act amendment - Ceiling raised to Rs.21,000

relyonadmin
January 19, 2016
8 comments

The Bonus Act amendment - ceiling now raised to Rs. 21,000. This amendment has been made effective from 1st of April, 2014.

Read more
Universal Account Number

Universal Account Number is made mandatory for PF claims

relyonadmin
January 18, 2016
2 comments

Universal Account Number is made mandatory for PF claims with effective from Jan 1st, 2016. Provisions for online application of UAN is also provided.

Read more
PF due date grace period

PF Due date grace period for deposits is now removed

relyonadmin
January 13, 2016
2 comments

The PF due date grace period provided for the PF contribution has now been removed by the EPFO citing the reason of electronic payment and returns

Read more
details about PF withdrawal forms

Details about PF withdrawal forms - Which to use when

relyonadmin
December 21, 2015
6 comments

The EPFO has launched new UAN based Forms for withdrawal or transfer of amount from PF and PS accounts. In this post we shall have a look about the details of these Forms.

Read more
Bonus ceiling increased to Rs.21,000

Bill to amend the Bonus Act - Ceiling now to be raised to Rs.21,000

relyonadmin
December 11, 2015
1 comment

The government has announced an amendment in the Bonus Act of 1965. In this amendment the salary ceiling for the payment of bonus has been raised to Rs.21,000 with effective from 1st April 2015.

Read more
epf-investment-EPFO-enters-stock-markets-by-investing-in-equity

EPF investment in Equity - Government gives no guarantee

relyonadmin
December 11, 2015
No comments

The EPFO recently entered the stock market when they implemented the EPF investment in equity. This decision of investment in the ETF was approved by the CBT, EPF.

Read more
PF interest rate

PF interest rate could be to increased in FY-16 from current 8.75%

relyonadmin
December 11, 2015
No comments

The Employee Provident Fund Organization is planning to increase the PF interest rate from the current existing 8.75%.

Read more
PF withdrawal

PF withdrawal simplified – Attestation of employer not necessary

relyonadmin
December 8, 2015
40 comments

The ministry of labour and employment has launched simplified, brief forms for PF withdrawal. The notification, dated 4th December, stated that the Employer’s attestation no longer a necessity for Filing PF Claims.

Read more
GPF interest rate

GPF interest rate retained at 8.7% for 2015-16

relyonsoft
November 30, 2015
No comments

The government has retained the rate of interest for General Provident Fund (GPF) (GPF interest rate) and other related schemes at 8.7 per cent for the current fiscal.

Read more
EPFO to fix interest on PF

Interest on PF for FY16 may be Fixed on November 24

relyonsoft
November 30, 2015
No comments

Employees' Provident Fund Organisation (EPFO) trustees are likely to consider and approve a proposal to fix rate of interest on PF deposits for over five crore subscribers for the current fiscal year in their meeting scheduled on November 24.

Read more
Ceiling for ESI to 25,000

Ceiling For ESI contribution to be increased to Rs. 25000

relyonsoft
November 19, 2015
7 comments

The Minister of Labor and Employment said the Employee’s State Insurance Corporation (ESIC) board has decided to increase the ceiling limit for employees under ESIC coverage from the existing Rs.15, 000 a month to Rs.25, 000 a month.

Read more
The 7th pay commission to submit report

The 7th Pay Commission to submit its report on November 19

relyonsoft
November 18, 2015
No comments

The Pay Commission is set up by the Government of India at specific interval and it gives recommendations regarding changes in the salary structure of its employees.

Read more
ESI scheme

ESI Scheme is implemented in non-implemented areas

relyonsoft
November 18, 2015
No comments

The ESI Scheme is implemented in a non-implemented areas in a phased manner. Under Section 56 of the ESI Act, provision of medical care under the ESI Scheme in the particular state, is the responsibility of the State Governments.

Read more
Employees Provident Fund

EPF (Employees Provident Fund) Linked With Aadhaar Card

relyonsoft
November 18, 2015
17 comments

The employees provident fund organization (EPFO) now has made it mandatory to provide Aadhar card numbers in order to register for an EPF account.

Read more
Minimum pension for EPS Rs. 1000

Minimum Pension of Rs 1,000 per month to the pensioners of Employees’ Pension Scheme to be continued

relyonsoft
November 18, 2015
No comments

Approval was given to continue minimum pension of Rs. 1000 per month by the union cabinet for FY 2014-15.

Read more
Bonus wage ceiling

Bonus wage ceiling to be increased to Rs. 7000 per month for workers

relyonsoft
November 18, 2015
No comments

The Cabinet has decided to double the bonus wage ceiling for calculating bonus of Rs 7,000 per month for factory workers and establishments which have 20 or more workers.

Read more
Minimum wages Act

Minimum wages act to be amended by the Central Government

relyonsoft
November 18, 2015
No comments

The Minimum Wages Act was introduced by the Indian constitution to ensure some level of relative comfort along with basic necessities to skilled and unskilled laborers.

Read more
TDS on PF

PF accumulated balance of more than Rs. 30,000 TDS will attract TDS at the time of payment

relyonsoft
June 2, 2015
1 comment

The Finance Act, 2015 (20 of 2015) has inserted a new section 192A regarding the payment of accumulated provident fund balance due to an employee. The provision shall take effect from 1st June, 2015.

Read more
Provident Fund rules

Changes in Provident Fund rules: 7 things to know

relyonadmin
January 22, 2015
1 comment

Planning for retirement is as important as planning for one’s career and marriage. Everybody wishes to have a secure, independent retirement life, where you would not depend on others for your needs.

Read more
Preparatory activities of PF wage enhancement

PF wage enhancement - Preparatory activities

relyonsoft
October 9, 2014
No comments

PF wage enhancement from RS.6500 to Rs.15000 has been recently announced and these are the preparatory steps

Read more
UAN activation procedure

UAN activation procedure

relyonsoft
October 9, 2014
2 comments

Since UAN is made available to ensure that multiple PF accounts of the same individual can come together. In this post, we explain UAN activation procedure.

Read more
UAN for PF transfer

UAN – Universal Account Number

relyonsoft
October 9, 2014
No comments

UAN (Universal account number) introduced to provide individual member with an individual account to view all the related details of the member

Read more

Categories

Featured Posts

Featured Product

Relyon Featured Products

Complete Payroll solution right from attendance punch to generation of Payslip.


Know More
  • * Flexible salary and attendance creation.
  • * Powerful Statutory compliance.
  • * Employee Self Service.
  • * Extensive Reporting Formats.
  • * Exit Management.
Request a Demo


Tag Clouds