Archive for October, 2016
The Ministry of Labour and Employment has, by way of a gazette notification, sought feedback regarding enhancing the ESI wage limit from Rs 15,000 per month to Rs 21,000 per month. As you are aware, the current limit is Rs 15,000 – in other words, employees who draw an ESI wage of more than Rs […]
Continue Reading →Posted in: Blog
Leave a Comment (2) →The Employee Provident Fund Organization (commonly referred to as the PF Department), has notified (dated 26-Sep-2016) a form called New Form No. 11. This replaces the earlier Form No. 11 (New). Form No. 11 – what is that for? While many payroll managers know that employees need to submit Form No. 11, not many seem […]
Continue Reading →Posted in: Blog
Leave a Comment (0) →The Ministry of Labour and Employment, Government of India, has amended the Employees’ State Insurance (Central) Rules, 1950 by introducing a new rule called Rule 51B, stated as follows. “51B. In areas where the Act is implemented for the first time, the rates of employer’s and employee’s contribution for the initial twenty-four months from such […]
Continue Reading →Posted in: Blog
Leave a Comment (0) →Someone asked us a question on Form 16 recently. In case an employee has no tax liability and hence no tax is deducted from the employee’s salary, can/should the employer issue Form 16 to the employee? The typical answers we come across are as follows. a. Form 16 cannot be issued to an employee with […]
Continue Reading →Posted in: Blog
Leave a Comment (46) →
This post pertains to a new feature we have introduced in HRWorks, our online payroll software. If you are not a user of HRWorks, this post may not be relevant to you. We have introduced a new feature on HRWorks using which you can create and publish letters to your employees. By letters, we refer […]
Continue Reading →Posted in: Blog
Leave a Comment (0) →