Cabinet approves minimum wage code bill by integrating four labour laws

The Union Cabinet on Wednesday approved the new wage code bill which will ensure a minimum wage across all sectors by integrating four labour related laws.

The proposed legislation is expected to benefit over 4 crore employees across the country.ile image of Narendra Modi with his Cabinet ministers. PIB

The Labour Code on Wages Bill will consolidate the Minimum Wages Act, 1948; the Payment of Wages Act, 1936; the Payment of Bonus Act, 1965; and the Equal Remuneration Act, 1976, sources said.

The approval for the draft bill was given by the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday.

The bill seeks to empower the Centre to set a minimum wage across all sectors in the country and states will have to maintain that.

However, states will be able to provide for higher minimum wage in their jurisdiction than fixed by the central government, sources said.

The bill is likely to be introduced in Parliament during the ongoing monsoon session which will conclude on 11 August.

The new minimum wage norms would be applicable for all workers irrespective of their pay. At present, the minimum wages fixed by the Centre and states are applicable to workers getting up to Rs 18,000 pay monthly.

This would ensure a universal minimum wage for all industries and workers, including those getting monthly pay higher than Rs 18,000, according to senior officials.

Earlier in the day, Labour Minister Bandaru Dattatreya in a written reply informed the Rajya Sabha that the Second National Commission on Labour has recommended that the existing labour laws should be broadly grouped into four or five labour codes on a functional basis.

Accordingly, he said the ministry has taken steps for drafting four labour codes on wages; industrial relations; social security & welfare and safety and working conditions, respectively.

It will be done by simplifying, amalgamating and rationalising the relevant provisions of the existing central labour laws.

PF deduction over 15000 basic

As we all know that every employee who is getting a salary of 15000 Rs or less than 15000 Rs will come under EPF scheme. Earlier this limit was 6500 Rs but after some amendments this limit was increased to 15000 Rs.  So whenever there is less than salary of 15000 Rs then PF calculation is not a problem,  but there are so many queries regarding how to calculate PF of basic salary more than 15000 Rs.

Cases When  We Need To Calculate PF Of Basic Salary More Than 15000

In some cases employers will so willingness to pay PF contributions to employees whose basic + DA is more than 15000 Rs. In those cases we need to do these kind of calculation. But before going to learn how to calculate PF of basic salary more than 1500 we have to learn some basic concepts of PF contribution percentages.

What are the PF contribution percentages:

Most of the EPF contributors are not aware that PF contribution is divided in to two parts, they are provident fund and pension contributions. As per provident fund act 1952, 12% of employee basic salary will goes to provident fund account of employee. Now employer also need to pay same 12% contribution to EPFO but in this 12%, 3.67% will go  to  employee provident fund contribution and remaining 8.33% will go to pension fund of employee.

Employer also needs to pay 0.65% of admin charges ( earlier it was 0.85%) , 0.5% Employee Deposit Linked Insurance Charges ( EDLI ). So total contribution  of employer is 3.67% + 8.33% + 0.65% + 0.5% = 13.15 %

PF Contribution Percentages

Employee	12% Provident Fund Contribution
Employer	3.67% Provident Fund Contribution 8.33% Pension Contribution 0.65% Admin Charges 0.5% EDLI Charges

Link you AADHAAR with PAN

NNNow it is important to link your Aadhar with your PAN for filing your Income tax Returns, the Supreme Court judgement also clears the doubt and makes it is mandatory to link your Aadhar with your PAN even if there is no requirement to file your income tax returns. Further The Government of India notifies that Individuals who crossed above 80 years of age (Super senior Citizens), NRI's who doesn't have Aadhar are not required to link till further stands taken from the Government of India. So let us see how the process to be followed for linking your Aadhar with PAN, I have tried here to clear all your doubts through the screen shots. Method 1: Steps to be followed if you remember the registered mobile number in Aadhar Method 2: Steps to be followed without the presence of Aadhar registered mobile number Method 3: Steps to be followed through SMS facility

Read more at: http://www.caclubindia.com/articles/simple-steps-to-link-your-aadhar-with-pan-30591.asp

कुर्की

कुर्की अंग्रेजों द्वारा बनाया गया असंवैधानिक कानून है।CrPC का धारा 83 यानि कुर्की-जब्ती को किस आधार पर संवैधानिक करार दिया जा सकता है?किसी व्यक्ति के किए की सजा उसके संपत्ति को नहीं मिल सकती।ये उस व्यक्ति के मानवाधिकार का हनन के सिवाय कुछ नहीं है।कुर्की-जब्ती पुलिस द्वारा अपने नाकामी को छिपाने का जरिया है।जब आरोपी को गिरफ्तार नहीं कर पाए तो उनके संपत्ति का गिरफ्तारी करने चले।आखिर पुलिस में इतनी सक्रियता क्यों नहीं और उसके संख्या का विस्तार क्यों नहीं किया जाता जिससे कुर्की करने का नौबत ही नहीं आए?अंग्रेजों ने इसलिए कुर्की का कानून बनाया था ताकि निर्दोष को फंसाने के बाद वह भाग जाए तो उसकी संपत्ति का कुर्की करने के बहाने उसे सरेंडर कराया जाए या संपत्ति को बचाने की डर से भागे ही नहीं।आपसे आग्रह है कि आप कुर्की की जगह पुलिस बल को मजबूत करने पर ध्यान दे।कल आपके आदेश के बाद कई आरोपियों का किया गया गिरफ्तारी एक सही कदम है लेकिन Prima facie यदि कोई आरोपी निर्दोष लगता है तो उसे छोड़ दिया जाए और इसके लिए इन सारे आरोपियों का जांच करने के लिए एक विशेष कमिटि बनाइए।