The EPF account consists of contributions from the employer and employee. However, the money in an EPF account cannot be withdrawn at whim.

​Employee’s State Insurance is a self-financing social security and health insurance scheme for Indian workers. This fund is managed by the Employees’ State Insurance Corporation

Government of Haryana has amended the Punjab Labour Welfare Fund Act in its application to Haryana State.

Labour welfare fund is a statutory contribution managed by individual state authorities. The state labour welfare board determines the amount and frequency of the contribution.

It is better for companies to understand the risks associated with non-compliance with various statutory and regulatory compliance.

In India, the Minimum Wages Act, 1948 provides for fixation and enforcement of minimum wages in respect of scheduled employments.

West Bengal Labour Welfare Fund Act, 1974 revised the rate of contribution..

Employees’ Provident Fund (EPF) and Employees Pension Fund (EPS) withdrawal is a real pain for most of the subscribers. But now online withdrawal of Employees’ Provident Fund and Employe

Gratuity Act is a statutory benefit paid to the employees who have rendered continuous service for at least five years. It is a lump sum amount paid to an employee based on the duration of his total s

Retirement fund body EPFO (Employees’ Provident Fund Body) has made it mandatory to file online claims for provident fund withdrawals above Rs. 10 lakh, taking another step towards becoming a p

PFO hikes life insurance for EPF-covered employees from Feb 15, 2018 The Employees’ Provident Fund Organisation (EPFO) has enhanced the minimum assurance limit under its Employees’

Union Budget was received with mixed emotions. On one hand Finance Minister proposed to reintroduce Standard Deduction of Rs 40,000/- which will be deducted from taxable income of employees to bring s

Auto transfer of provident fund while changing jobs will be initiated only after the first payment of the new employment is received against the UAN flagged for such transfer.

It’s not uncommon to see that employees may need help financially and most companies help out by giving out salary advances or loans to their employees. Hence, it’s important to conside

To help you stay on top of everything related to compliance and HR in 2018, we have put together the calendar highlighting all of the key dates and deadlines for compliance related activities for anyo

Running a startup effectively requires overseeing a range of tasks that need to be performed both regularly and effectively. For startups with multiple staff, payroll is one of the most costly and tim

Statutory compliance in HR refers to the legal framework which organizations must abide by with respect to the treatment of their employees. Most of your company’s time and money goes into ensu

As payroll and HR experts, majority of the questions we’re asked by our clients revolve around Provident Fund (PF) formalities. The compliance norms and best practices pertaining to PF have al

Government approved amendments to the Bonus Act, 1965 raising the limit for calculations of bonuses. More so, it has also made this act applicable from April 1st, 2014. This implies a “retrospec

If you thought you pay tax based on what your CTC is, then you wouldn’t be the only one, but you’d be kind of wrong. You see, the income tax department speaks a different language altog

India finally enacted its law on prevention of sexual harassment against female employees at the workplace. The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressed)...