As per the attached circular, we would like to inform you about recent updates and guidelines regarding UAN (Universal Account Number) activation for employees. The circular highlights the following key points:
🔹 Objective
To streamline the process of UAN activation and ensure compliance with EPFO (Employees’ Provident Fund Organisation) norms.
🔹 Employer Responsibility
Employers must...
Introduction:
In the bustling city of Mumbai, India, resides Priya, a middle-class working professional. She finds herself grappling with a challenging decision: whether to opt for the New Tax Regime introduced by the Government or stick with the familiar Old Regime. This decision holds immense significance for Priya and millions of other Indian taxpayers, impacting their financial stability...
The Hon’ble Finance Minister in her speech mentioned five major announcements impacting personal income tax rates and once of major announcement is tax rebate for income upto ₹ 7 lacs in new tax regime. Thus, comparing it with old tax regime individual having income (taxable income) up to ₹ 5 lacs will not have to pay any tax the new tax regime looks favourable for the taxpayers....
Introduction: Gujarat, one of India’s industrially progressive states, recently announced revisions to its minimum wage rates, effective from April 1st, 2024, to September 30th, 2024. These revisions play a crucial role in safeguarding the rights and livelihoods of workers across various sectors.
Key Changes and Impact: The revised minimum wage rates aim to address the rising cost of living...
State Government Directive regarding Payment of Compensation to Voters for their Participation in Lok Sabha General Elections 2024.
Reference:
Election Commission of India letter No. ECI/PN/23/2024 dated March 16, 2024.
Election Commission of India letter No. 78/EPS/2024 dated March 16, 2024.
Government Directive:
In accordance with the democratic principles of our country, it has been...
Introduction:
Stay ahead of the curve with our comprehensive guide on implementing the Revised Minimum Wages in Maharashtra, ensuring seamless compliance from January 1, 2024, to June 30, 2024.
Section 1:
Understanding Maharashtra’s Regulatory Landscape Unravel the intricacies of Maharashtra’s employment regulations, with a focus on the latest revisions in minimum wage requirements....
Budget – in – summary:
In ` lac Crore
Particulars
Budget Estimated
FY 2024-25
Estimated
FY 2023-24
Total Expenditure
47.65
44.90
Capital Expenditure
11.11
16.9% ↑
9.50
To be financed by
Tax revenue
26.02
(being 55% of total BE)
23.24
(being 52% of total expenditure)
Thus, the main focus is on infrastructure development that to be financed...
The Karnataka Compulsory Gratuity Insurance Rules, 2024, issued by the Government of Karnataka, outline regulations regarding the payment of gratuity to eligible employees. Here’s a summary of the key provisions:
1. Title and Commencement
These rules are named the Karnataka Compulsory Gratuity Insurance Rules, 2024.
They come into force from the date of publication in the Official Gazette.
2....
1. Scheduled Employments:
The minimum rates of wages apply to 30 Scheduled Employments in the state, and the rates have been updated based on Fixation/Revision notifications for each scheduled employment.
2. Implementing Areas:
Zone A: Includes areas under Municipal Corporations, Municipalities, Notified Areas, Development Authorities, and Thermal Power Plant areas, including Township Areas....
ESIC Aadhar Seeding Application due to e-KYC changes by UIDAI. The letter provides instructions and updates regarding the process of seeding Aadhar details for insurance persons and their family members. Here’s a summary of the key points in the letter:
1. Background: The letter refers to previous instructions on Aadhar seeding issued on May 25, 2023, and October 31, 2023.
2. UIDAI...
