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Taxability of per diem allowance while on business travel

Organizations pay what is called per diem (per day) allowance to employees who travel for business purposes. The allowance is meant to help employees cover daily expenses pertaining to food, local travel, etc. When employees travel abroad they receive the allowance in foreign currency. Many organizations do not seek information on the actual daily expenses […]

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PF Electronic Challan cum Return (Version 2.0)

The Employees’ Provident Fund Organization has made significant changes to the processes related to generation of the Electronic Challan cum Return (ECR) file. From now on, the Universal Account Number (UAN) shall be the unique identifier for PF remittance, transfer and withdrawal. The process of using the PF number as the identifier has been done […]

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An employee by any other name

What’s in a name? that which we call a rose By any other name would smell as sweet; – William Shakespeare in Romeo and Juliet While it is perfectly legitimate for organizations to hire consultants (along with hiring full-time employees) during the course of business, it is important that the underlying statutory requirements are fully […]

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Pay period for salary payment

We find that the most frequently used pay period (the period of time for which salary is paid), at least in the organized sector in India, is monthly. According to Section 4 of the Payment of Wages Act, 1936, one of the relevant statutes governing salary payments, 4. Fixation of wage-periods (1) Every person responsible for […]

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UAN to be made mandatory for PF remittance

The Employee’s Provident fund Organization (commonly referred to as the PF Department) has announced that Universal Account Number (UAN) will be the unique identifier for PF remittance for each employee in the Electronic Challan cum Return (ECR) file in future. Please take a look at the PF Department circular dated 26-Oct-2016 in this regard. While […]

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Notification on new ESI locations

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 […]

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