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Month: March 2019

Income Tax Return Faceless Verification coming soon

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The Income Tax department has been taking a slew of measures to make the tax proceedings easier and hassle-free for assessees with the help of modern technology. The latest move of the Income Tax department is aimed at making the tax proceedings completely faceless. For this, the Income Tax department will soon launch a new […]

EPF partial withdrawal possible in five situations.

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Retirement fund body EPFO (Employees’ Provident Fund Organisation) has been making changes in EPF (Employees’ Provident Fund) rules to make it more user-friendly for its members. Last year EPFO allowed its members to withdraw up to 75 per cent of their EPF corpus after being unemployed for more than one month and remaining 25 per […]

The Punjab Labour Welfare Fund (Haryana Amendment) Bill, 2019

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Government of Haryana vide notification No. 12-HLA of 2019/16/3917 has introduced bill towards the Punjab Labour Welfare Fund (Haryana Amendment) Act, 2019. As per the bill and subsequent amendment once encacted, each employee shall contribute to the Fund every month an amount equal to zero point two percent of his salary or wages or any […]

Online Submission of Single Annual Return Under All Labour Laws in Haryana

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Government of Haryana in continuation to the series of measures towards Ease of doing business had introduced the Online single integrated annual returns under all labour laws in Haryana. In continuation of the earlier notification issued vide Endst. No. 3254-55 dated 16th June 2016, the government has clarified to mandate the single integrated annual return […]

ESIC Health Passbook For Beneficiaries

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ESIC vide notification no F.No.Z-11/12/8/2018-PR has launched “Health Passbook” for ESI Beneficiary for their use during their visit to ESIC/ESIS Hospitals/MEUD/Modified IMP clinic/Dispensary etc. The Health Passbook is a small booklet containing 100 leaflets with a system generated beneficiary credentials affixed on it. The Health Passbook may be made available by the Regional Office to […]

EPF transfer on job change to be automated from next fiscal

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Subscribers of retirement fund body EPFO would not require to file employee provident fund (EPF) transfer claims on changing jobs from the next fiscal as the process would be made automated, according to a report. At present, the subscribers of the Employees Provident Fund Organisation (EPFO) are required to file transfer of EPF claims on […]

ESIC Funeral Expenses Increased to Rs. 15000/-

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Government of India vide notification no G.S.R. 169 (E) has amended Rule 59 of Employees’ State Insurance (Central) Rules, 1950 where expenses for funeral is substituted to fifteen thousand rupees from the previous amount of ten thousand rupees Please follow and like us:

Link your PAN with bank for refunds: Income Tax department to taxpayers

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The Income Tax Department will “only” issue refunds via the e-mode into bank accounts of taxpayers beginning next month and they should link PAN with their accounts, the taxman said in its latest public communication. The department said refunds will be sent to bank accounts as it will issue “only e-refunds from March 1, 2019.” […]

EPFO Online Nomination Process

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A subscriber needs to have an active Universal Account Number (UAN) for availing the online nomination facility. Also, their Aadhaar should be linked to the EPF account. A subscriber needs to follow these steps for online nomination facility: 1. Visit EPFO portal and log in with UAN and password https://unifiedportal-mem.epfindia.gov.in 2. Click the ‘Manage’ tab, […]

ESIC board okays super speciality treatment for workers with just 6-month contributions to ESI

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The Employees’ State Insurance Corporation (ESIC) has relaxed the norm of minimum two years’ contribution towards its health insurance scheme to six months for its insured persons to avail of super speciality treatment, which will give a major relief to those suffering from chronic diseases, said sources. Besides, the ESIC has also increased the maximum […]

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